UPDATE 2-Real estate carries Intrawest back to profit
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Ski resort developer Intrawest Corp. (ITW.TO: Quote, Profile, Research) (IDR.N: Quote, Profile, Research) jumped back into profit in the fourth quarter on greater contributions
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The action continued in after hours trading, where the company gained another US cent. The company saw stocks climb $2.33 during the day, a 4.86 per cent increase.
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Profit margins should continue to expand at Oil-Dri.
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In an industry bleeding money, home builder NVR of Reston yesterday bucked the trend by reporting a profit.
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Another round of good results brings another boost in the stock price.
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The stock has soared thanks to homebuilders, but not enough profits are built into the price.
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Volatility is back with a flourish.  Should the VIX spike above 20, it could be a big signal to buy.
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Procter &amp; Gamble Co  posted higher quarterly profit on Thursday as strength in emerging markets helped offset slower growth in North America and Western Europe.
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Investor's Business Daily - The Nat&#39;l Assn. of Purchasing Management&#39;s regional business activity surveys rose in June. The Chicago-area gauge eased to 60.2 vs. 61.7, but still remains solid. The Milwaukee index jumped to 66 from 58. Better auto production and exports helped, and could boost national activity. The index for New York City rose to 451.5 from 450.2, and the outlook improved as well.
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For deals on real estate ETFs, go west. And south. And east.
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The dollar recovered on Tuesday from the previous day's broad-based selling, but players were not actively buying it ahead of U.S. capital flows data which will show how the U.S. is funding its current account deficit.
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CA Inc. reported Thursday that quarterly profit ballooned as it cut expenses and the weak dollar helped bolster revenue from overseas operations.
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The real estate market these days is a tale of two Americas, and one of them is not doing too badly.
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Countrywide Financial Corp  posted a $1.2 billion third-quarter loss on Friday, but its shares soared after the largest U.S. mortgage lender said it expects to be profitable in the fourth quarter and in 2008, and has weathered the worst of the housing downturn.
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Countrywide Financial Corp  posted a $1.2 billion third-quarter loss on Friday, but its shares climbed after the largest U.S. mortgage lender said it expected to be profitable in the fourth quarter and in 2008, and has weathered the worst of the nationwide housing downturn.
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Stocks jumped on Friday, driving the Nasdaq up 2 percent briefly and S&P 500 up 1 percent, after lender Countrywide Financial Corp.  said it expects to return to profitability this quarter, easing some fears about financial sector losses.
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Asian real-estate stocks such as Cheung Kong (Holdings) Ltd. and CapitaLand Ltd., among this quarter&#39;s best performers, may extend the gains as economic growth spurs demand for homes.