GGP agreed to pay $230 million to the Hughes heirs in exchange for full release and settlement of all claims against GGP and affiliates. Ten million dollars will be paid in cash, with the rest paid in either cash or common shar…
Lennar posted third-quarter earnings of $30 million, or 16 cents a share, compared with a loss of $171.6 million, or 97 cents a share, a year earlier.
Continue reading Lennar Earnings: Homebuilder Is Back in th…
Wal-Mart (WMT) is planning to enter the market for local convenience stores in large cities, The Financial Times reported.
Wal-Mart, the largest U.S. retailer, is looking at property for smaller-format stores in urban areas including San Francisco an…
Housing data is in the financial spotlight this week, along with an FOMC meeting, the leading economic indicators index and quarterly reports from a number of companies including Adobe, AutoZone and Lennar.
Con…
The locavore, or local food, movement is gaining momentum, driven in part by increasing awareness about the importance of quality food. Nationwide, small, local farms have tapped into a growing market by selling meat and produc…