Hovnanian Enterprises Inc (HOV) 1.67 $HOV Fitch Affirms

New Post Public Reply Private Reply Replies (0) Message Board

Aug 2, 2016 at 6:11 PM

Hovnanian Enterprises Inc (HOV) 1.67 $HOV

Fitch Affirms Hovnanian's IDR at 'CCC'
BusinessWire - Mon Aug 01, 4:11PM CDT
Fitch Ratings has affirmed the ratings of Hovnanian Enterprises, Inc. (NYSE: HOV), including the company's Long-Term Issuer Default Rating (IDR) at 'CCC' following the recently announced financing commitments and proposed tender offer for its existing unsecured notes. Fitch believes that the proposed tender offer does not constitute a Distressed Debt Exchange (DDE). A complete list of rating actions follows at the end of this release.
HOV: 1.67 (-0.14)

K. Hovnanian Enterprises, Inc. Announces Tender Offer and Consent Solicitation and New Financing Transactions
GlobeNewswire - Fri Jul 29, 7:00AM CDT
Hovnanian Enterprises, Inc. (NYSE:HOV) (the "Company"

announced today that its wholly-owned subsidiary, K. Hovnanian Enterprises, Inc. ("K. Hovnanian"

, has commenced a tender offer (the "Tender Offer"

to purchase for cash any and all of its 8.625% Senior Notes due 2017 (the "Notes"

on the terms and subject to the conditions set forth in an Offer to Purchase and Consent Solicitation Statement, dated July 29, 2016 (as it may be amended or supplemented from time to time, the "Statement"

, and in the related Letter of Transmittal and Consent (as it may be amended or supplemented from time to time, the "Letter of Transmittal" and collectively with the Statement, the "Tender Offer Documents"

. Concurrently with the Tender Offer, and on the terms and subject to the conditions set forth in the Statement, K. Hovnanian is soliciting consents (the "Consent Solicitation"

of holders of the Notes to proposed amendments to the indenture governing the Notes (the "Notes Indenture"

, providing for the elimination of most of the restrictive covenants and certain events of default contained therein. Holders that tender Notes must also consent to such proposed amendments to the Notes Indenture in order to tender their Notes.
HOV: 1.67 (-0.14)

Hovnanian Enterprises' Presentation At The Barclays High Yield Bond & Syndicated Loan Conference To Be Webcast Live
GlobeNewswire - Fri Jun 03, 2:00PM CDT
Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that senior management will be presenting at the Barclays High Yield Bond & Syndicated Loan Conference on Thursday, June 9, 2016 at 4:45 p.m. ET.
HOV: 1.67 (-0.14)

Transocean and Conn's slip, Joy Global and Ciena rise
AP - Thu Jun 02, 3:32PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
JOY: 27.31 (-0.16), BOX: 11.80 (-0.07), LB: 72.26 (-2.12), RIG: 10.05 (-0.20), CONN: 6.66 (-0.30), CIEN: 18.76 (-0.48), HOV: 1.67 (-0.14)

Hovnanian Enterprises Reports Fiscal 2016 Second Quarter Results
GlobeNewswire - Thu Jun 02, 8:15AM CDT
Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal second quarter and six months ended April 30, 2016.
HOV: 1.67 (-0.14)

What These Residential Construction's Stocks Have to Offer? - Hovnanian Enterprises, CalAtlantic Group, Beazer Homes USA and William Lyon Homes
PR Newswire - Wed Jun 01, 7:00AM CDT
The Residential Construction industry has strong performers that deserve investors' attention. Today, ActiveWallSt.com has directed its focus back on Hovnanian Enterprises Inc. (NYSE: HOV), CalAtlantic Group Inc. (NYSE: CAA), Beazer Homes USA Inc. (NYSE: BZH), and William Lyon Homes (NYSE: WLH). Register with us and access the free technical alerts on these stocks at:
WLH: 16.63 (-0.80), BZH: 9.30 (-0.50), HOV: 1.67 (-0.14), CAA: 36.04 (-0.63)

Hovnanian Enterprises Announces Second Quarter Fiscal Year 2016 Earnings Release and Conference Call
GlobeNewswire - Thu May 26, 2:00PM CDT
Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2016 the morning of Thursday, June 2, 2016. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Thursday, June 2, 2016.
HOV: 1.67 (-0.14)

Hovnanian (HOV) Shows Strength: Stock Moves 6.1% Higher
Zacks Equity Research - Zacks Investment Research - Wed May 25, 7:00AM CDT
Hovnanian Enterprises Inc. (HOV) shares rose over 6% in the last trading session.
HOV: 1.67 (-0.14)

A rising housing market lifts builders, home goods retailers
AP - Tue May 24, 12:41PM CDT
NEW YORK (AP) — A new report from the U.S. that showed Americans are snapping up homes at a pace not seen since the housing bust-fueled recession pushed the trading of shares of all companies affiliated with the sector into overdrive Tuesday.
HD: 137.22 (-1.55), LOW: 81.97 (-0.34), KBH: 15.41 (-0.31), MAS: 36.34 (-0.02), HOV: 1.67 (-0.14)

Hovnanian Enterprises' Presentation at the 9th Annual J.P. Morgan Homebuilding & Building Products Conference to be Webcast Live
GlobeNewswire - Wed May 11, 1:30PM CDT
Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that senior management will be presenting at the 9Annual J.P. Morgan Homebuilding & Building Products Conference on Tuesday, May 17, 2016 at 3:55 p.m. ET.
JPM: 63.65 (-0.15), HOV: 1.67 (-0.14)

Hovnanian Enterprises' Presentation at the 2016 Wells Fargo Industrial & Construction Conference to be Webcast Live
GlobeNewswire - Tue May 03, 2:30PM CDT
Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that senior management will be presenting at the 2016 Wells Fargo Industrial & Construction Conference on Tuesday, May 10, 2016 at 2:35 p.m. ET.
WFC: 47.70 (-0.11), HOV: 1.67 (-0.14)

KB Home's 2nd Luxury Condominium Building in San Francisco
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 1:50PM CDT
KB Home (KBH) opened a new luxury condominium building called The District at Lower Pacific Heights in San Francisco.
MDC: 25.84 (-0.48), KBH: 15.41 (-0.31), MTH: 35.31 (-1.43), HOV: 1.67 (-0.14)

Pulte Founder Sends New Letter; Stresses Dugas' Removal
Zacks Equity Research - Zacks Investment Research - Tue Apr 12, 12:30PM CDT
The public battle between PulteGroup, Inc.'s (PHM) board of directors and founder and the largest shareholder, William J. Pulte is heating up.
PHM: 20.95 (-0.49), KBH: 15.41 (-0.31), MTH: 35.31 (-1.43), HOV: 1.67 (-0.14)

Pulte Board Responds to Founder's Letter; Supports Dugas
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 12:45PM CDT
A day after the founder and largest shareholder of PulteGroup, Inc. (PHM), William J. Pulte, made public a letter to the board of directors, lead independent director, James J. Postl, issued an open letter to shareholders.
PHM: 20.95 (-0.49), KBH: 15.41 (-0.31), HOV: 1.67 (-0.14), HW: 18.77 (-0.63)

Pulte CEO to Retire under Pressure from Founder for Change
Zacks Equity Research - Zacks Investment Research - Tue Apr 05, 12:35PM CDT
The founder and largest shareholder of PulteGroup, Inc. (PHM), William J. Pulte sent a letter to the company's board of directors on Monday recommending the immediate removal of long-time CEO Richard Dugas.
PHM: 20.95 (-0.49), KBH: 15.41 (-0.31), HOV: 1.67 (-0.14), HW: 18.77 (-0.63)

Market Has Not Yet Noticed Potential in Hovnanian Enterprises (HOV); Have You?
Zacks Equity Research - Zacks Investment Research - Tue Apr 05, 7:43AM CDT
Hovnanian Enterprises is seeing solid earnings estimate revisions and has an impressive Zacks Rank but that is not yet reflected in its price
HOV: 1.67 (-0.14)

Lennar (LEN) Unveils NextGen Community Berkshire in Chino
Zacks Equity Research - Zacks Investment Research - Mon Apr 04, 4:19PM CDT
Lennar Corporation (LEN) has launched a new community called Berkshire in Chino, CA.
LEN: 45.53 (-1.22), PHM: 20.95 (-0.49), KBH: 15.41 (-0.31), HOV: 1.67 (-0.14)

Lennar Offers NextGen Homes at Heritage El Dorado Hills
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 2:40PM CDT
Leading U.S. homebuilder Lennar Corporation (LEN) is set to launch a new luxury active adult community called Heritage El Dorado Hills tomorrow i.e. Apr 2 in a grand opening ceremony.
LEN: 45.53 (-1.22), PHM: 20.95 (-0.49), KBH: 15.41 (-0.31), HOV: 1.67 (-0.14)

Can KB Home (KBH) Maintain the Sales Momentum in 2016?
Zacks Equity Research - Zacks Investment Research - Wed Mar 30, 9:00AM CDT
On Mar 29, 2016, we issued an updated research report on KB Home (KBH).
UCP: 7.71 (-0.32), PHM: 20.95 (-0.49), KBH: 15.41 (-0.31), HOV: 1.67 (-0.14)

The Zacks Analyst Blog Highlights: Gibraltar Industries, Hovnanian Enterprises, KB Home, Universal Forest Products and Watsco
Zacks Equity Research - Zacks Investment Research - Wed Mar 30, 8:30AM CDT
The Zacks Analyst Blog Highlights: Gibraltar Industries, Hovnanian Enterprises, KB Home, Universal Forest Products and Watsco
WSO: 141.74 (-1.22), ROCK: 36.30 (-0.33), UFPI: 107.56 (-1.45), KBH: 15.41 (-0.31), HOV: 1.67 (-0.14)

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Palm Beach Royals Boost Pickleball's Popularity Surge

A New Era for Pickleball in Palm Beach It might be time to re-evaluate pickleball if you weren't paying attention before. The Palm Beach Royals have wrapped up their first Major League Pickleball season with a bang, marking a pivotal year for the sport. This underdog tale of graft and grit is carving out a new chapter in the world of sport. Record-Breaking Season for MLP...

Hilarity and Hassles in NYC Co-op Life Exposed in New Book

Co-op Living: Not All It's Cracked Up to Be Let me tell you something, buying a co-op in New York City isn't just signing on the dotted line and moving in. Nope, it's a whole damn production. Jeff Namian's book, Thin Walls/Thick Ears, lays it all out with a mix of humor and hard truths, painting a stark picture of NYC co-op living. He's not just telling his own story of...

Aging at Home: The Real Costs and Obstacles Ahead

Facing the Realities of Aging In Place Alright, let's talk straight. Everyone dreams of staying home in their twilight years, kicking back in their favorite chair with family nearby. But the harsh truth? That comfort comes with a price tag. According to Northwestern Mutual's 2026 Planning & Progress Study, up to 83% of Boomers+ and most other generations fancy the idea of...

Travelers Turn to Direct Booking Amid Cost Surge

Getting Ahead of the Travel Expense Game Rising fees and tighter budgets haven't persuaded holiday travelers to abandon their plans. Instead, they’re sharpening their axes, looking for clearer paths to their vacation goals without slicing off an arm and a leg. With the cost of travel climbing faster than a runaway elevator, folks are getting smart about where their...

TRIMAX Poised to Meet AI-Driven Power Challenges

TRIMAX's Bold Move into AI-Powered Infrastructure It feels like we're standing on the cusp of a seismic shift, folks. Artificial intelligence isn't just another buzzword anymore—it's a juggernaut reshaping our digital world. TRIMAX Power Systems is gearing up to ride this wave, with its eyes set on capturing a chunk of the booming demand for fast-deployable power...

OMLYCLO Shakes Up U.S. Biologic Market as Key Player

Ah, the pharmaceutical game is shifting again, and this time Celltrion USA's putting their chips down with OMLYCLO, the shiny new omalizumab biosimilar. Here we see a product that's not just approved but interchangeable with XOLAIR, making it a front-runner in the allergic and inflammatory conditions battleground. If you're a patient or a provider navigating these murky...

Dan Brown Joins Guidewire: Big Moves in P&C Software

Turning the Insurance World on Its Head Just when you think the enterprise software scene is getting predictable, along comes a bit of news to shake things up. Guidewire, a name known in the P&C insurance software world, has roped in a veteran—Dan Brown—who's got more than a quarter-century under his belt shaping product strategies. It’s not just another suit...

ProClad Unveils Innovative Hybrid 2.0 Cookware

Revolutionizing Cookware: The Launch of Hybrid 2.0 Today, everyone's buzzing about ProClad's big reveal—the Hybrid 2.0 Pan. Now, before you roll those skeptical eyes, hear me out. This isn’t your average bit of kitchen fluff; it’s a heavyweight contender stepping into the everyday cooking ring. What they've done here is combine the muscle of stainless steel searing...

GL1F Crypto: A Breakthrough in On-Chain AI for Crypto

The Dawn of On-Chain Machine Learning In a world where crypto folks often tout decentralization like it’s the holy grail, GenesisL1 is throwing open the doors to a new kind of crypto playground with GL1F Crypto. A decentralized on-chain AI studio? Sounds like sci-fi, but here we are—hands on the precipice of democratized machine learning in your browser. A Lab in...

Metropolitan Dermatology's Strategic Expansion into Barnegat

Diving into Barnegat's Dermatology Landscape Metropolitan Dermatology has taken a strategic step by opening a new location right in the heart of Barnegat, New Jersey. Talk about a win-win for the folks in Ocean County. This isn't just another clinic opening up shop; it's about bringing comprehensive medical and surgical dermatologic care straight to the people who need...