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Aug 26, 2015
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it's in the sweet spot of what best buy is doing and toll brothers is doing and i say -- >> buy, buy, buy! >> peter in my home state of new jersey. >> caller: south jersey boo-yah to you, jim. >> eagles boo-yah back at you. >> caller: i want your opinion on esnt. i took the position in it a couple months ago, it hit a 52-week high on july 16th and now it's down like everything else. i'm about 2% down in it. >> yeah, but it's the right spot for this housing mace. you're in good shape with that. i like that one. it's a collateral damage stocks that shouldn't be down. i think you got horse sense. >>> the real world says that housing is still the place to be. don't let the impact of toll's quarter change that. get in the sector on weakness. it's going to work for you. i'm not giving up on it. much more "mad" ahead. school is back in session. i'm interested in the homework that's been building up. and this company's home to some of fashion's biggest brands. could its global reach impact its bottom line? i have the exclusive pvh's ceo. and "the lightning round" is just ahead so stake with c
it's in the sweet spot of what best buy is doing and toll brothers is doing and i say -- >> buy, buy, buy! >> peter in my home state of new jersey. >> caller: south jersey boo-yah to you, jim. >> eagles boo-yah back at you. >> caller: i want your opinion on esnt. i took the position in it a couple months ago, it hit a 52-week high on july 16th and now it's down like everything else. i'm about 2% down in it. >> yeah, but it's the right spot for this housing...
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Aug 7, 2015
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and i think it would be a name like toll brothers. i think the housing complex has been a pretty reliable, high sharp ratio trade to make. and toll brothers, you've seen housing's actually had some pretty good momentum and positive revision. >> tom, going to leave it there. thanks for your time. tom leif fundstrat. some of the other ones. e bay -- >> i'm in itb which is housing construction and that's a play again on lower rates that while i do think things are certainly -- the wheels are coming off the cart the housing market with lower rates should be okay for that. so i tb i think is the way you trade than. >> when he says contrarian, toll brothers is up 9%, 10% year to date. if you go contrarian in the housing space you've got to go to the names that haven't recovered already, which is kb homes, which is down 8% or a pulte, which is down a like amount. it's basically 8%. i own kb homes. i think the household formation is where you want to be and i would buy the underperformer there. >> you like this underlying thesis though about
and i think it would be a name like toll brothers. i think the housing complex has been a pretty reliable, high sharp ratio trade to make. and toll brothers, you've seen housing's actually had some pretty good momentum and positive revision. >> tom, going to leave it there. thanks for your time. tom leif fundstrat. some of the other ones. e bay -- >> i'm in itb which is housing construction and that's a play again on lower rates that while i do think things are certainly -- the...
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Aug 5, 2015
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great performances at the met" is provided by toll brothers.ith its commitment to elegant craftsmanship and luxury lifestyles, toll brothers has been building homes and communities throughout the nation for more than 40 years.
great performances at the met" is provided by toll brothers.ith its commitment to elegant craftsmanship and luxury lifestyles, toll brothers has been building homes and communities throughout the nation for more than 40 years.
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Aug 28, 2015
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i'd buy a housing name like toll brothers. the stock's been beaten up last week. it was actually a call i made on friday. i thought it was a stock that presented some value here. i think there's a real pent-up demand. it's going to force people to get involved here and borrow money if the fed moves. and i know it sounds a little bit backwards here. these are the names that people want to avoid in these scenarios. but i really believe it's going to be very similar to when the fed does move on rates the market's going to take off. when the fed moves on rates, i believe that people are going to go to the banks and actually take out loans. so i think that toll brothers is a stock you want to own. >> on a september hike what would you buy? >> okay. i might have done this game a little backwards. the way i was looking at it is you're running up to the september hike, right? and you're anticipating that they're going to hike. so most likely financials will do well leading up to it. so my pick was to sell kre as a sell the news type of thing after the hype. putting its po
i'd buy a housing name like toll brothers. the stock's been beaten up last week. it was actually a call i made on friday. i thought it was a stock that presented some value here. i think there's a real pent-up demand. it's going to force people to get involved here and borrow money if the fed moves. and i know it sounds a little bit backwards here. these are the names that people want to avoid in these scenarios. but i really believe it's going to be very similar to when the fed does move on...
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Aug 18, 2015
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toll brothers definitely had that recovery already. but i don't think you can say that about kb holmes. i don't think you can say that about pulte in which i mean both. i think you have a lot more room to run the household formation is interesting. there's a lot of pent-up demand. and i think the back half, the confidence level is at extreme highs that we haven't seen for ten years. i think you're going to see a lot more bullishness. >> how do we think about what a recovery is and what levels these builders should be building at? because maybe we should never have been at the peak when we were at the peak. >> we probably shouldn't have been. we talk about the formation and the new buyer stepping forward. and i think there really is a lead cycle time that is pent up and we'll work through that. ultimately the question is what is there and what is sustainable. we spend so much time talking about how wounded the consumer is. but look at wage growth in real terms, not nominal terms. 2.2 which is the higher end of the range. frankly as we g
toll brothers definitely had that recovery already. but i don't think you can say that about kb holmes. i don't think you can say that about pulte in which i mean both. i think you have a lot more room to run the household formation is interesting. there's a lot of pent-up demand. and i think the back half, the confidence level is at extreme highs that we haven't seen for ten years. i think you're going to see a lot more bullishness. >> how do we think about what a recovery is and what...
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Aug 25, 2015
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. >> toll brothers got beat up today, tol. i'm a buyer of the housing sector. think it's going to rebound in the second half of the year. i'd be buying toll brothers on this pullback. >> karen finerman. >> i'm going to be watching jpmorgan. i think the banks are central to the u.s. obviously and we'll see if this was just a sell-off into nothing at the end or more fear. >> grasso. >> i'm going to be watching apple. timmy said earlier apple's the proxy to the market. if apple holds in the market holds in. sea if it holds that par level, 100. >> i'm melissa lee. thanks so much for watching. see you again tomorrow at 5:00 for more "fast money." meantime, "mad money" with jim cramer starts right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. >>> hey i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to save you money. my job is to put it all into context and
. >> toll brothers got beat up today, tol. i'm a buyer of the housing sector. think it's going to rebound in the second half of the year. i'd be buying toll brothers on this pullback. >> karen finerman. >> i'm going to be watching jpmorgan. i think the banks are central to the u.s. obviously and we'll see if this was just a sell-off into nothing at the end or more fear. >> grasso. >> i'm going to be watching apple. timmy said earlier apple's the proxy to the...
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Aug 12, 2015
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toll brothers and d.r. horton.ow, they are not moving the pre-markets but ubs is making a bullish call on it this morning, upgrading shares to a buy from neutral. the analyst saying she has a "optimistic outlook on housing," and says as millenials come to age, they are looking more for homeownership. ubs notes that they have but a "financial health of entry-level buyers and loosening credit." todayly, you can see your d.r. horton is up 16% and toll brothers up 13%, so some of the movers in the premarket. over to you. erik: thank you very much. premarket movers on this busy day for stocks. following currency in china, where can investors find safety? we will find out when we come back on "market makers." stay with us ♪ . ♪ stephanie: you are watching bloomberg tv and later on, we will be sitting down with macy's ceo terry lundgren talking about this morning's earnings report and the miss they had, shares of macy's, we are seeing drops this morning following that number. the new england patriots season opener is abou
toll brothers and d.r. horton.ow, they are not moving the pre-markets but ubs is making a bullish call on it this morning, upgrading shares to a buy from neutral. the analyst saying she has a "optimistic outlook on housing," and says as millenials come to age, they are looking more for homeownership. ubs notes that they have but a "financial health of entry-level buyers and loosening credit." todayly, you can see your d.r. horton is up 16% and toll brothers up 13%, so some...
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Aug 20, 2015
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some of the biggest names out there, toll brothers, all up 20% or more.is obviously a strong momentum trade. people are chasing momentum. there are a lot of good fundamentals backing it up as we saw the existing home sales today. free recession levels. new home sales, 1.2 one million annual rate. tot is also back pre-recession levels. an interesting data point that is backing this up his new itsing -- i like to think of as an index of kids moving out of their parents basement and renting a place, forming a new household. that number has really broken out, along with these data points to the upside. drop ins been a drastic the unemployment rate among younger workers. it is a strong fundamental backdrop. strong profit growth. , will it allis come to an end when the fed raises interest rates? are people getting ahead of that and buying homes now? we will have to wait and he. matt: when you think about stocks, just the equities there, the story about the fact that the momentum trade has turned around and a lot of other stocks and the momentum, there is an ind
some of the biggest names out there, toll brothers, all up 20% or more.is obviously a strong momentum trade. people are chasing momentum. there are a lot of good fundamentals backing it up as we saw the existing home sales today. free recession levels. new home sales, 1.2 one million annual rate. tot is also back pre-recession levels. an interesting data point that is backing this up his new itsing -- i like to think of as an index of kids moving out of their parents basement and renting a...
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Aug 25, 2015
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a toll brothers house was down to $720,000.ed withead the biggest audience ever for a new cable series. it attracted more than 10 million viewers. the zombie series is a spin off of the walking dead, one of the broadcastebel networks. let's take a quick look at where the u.s. markets are trading right now. back aftere bouncing the biggest two-day selloff we have seen in u.s. equities as the financial crisis at the dow jones now up 261. andy mastec is a triple digits right now. went remember that the magnitude of today's rally still pales in comparison to the magnitude of the selloff we saw yesterday in global equities. editor mikeo to regan and matt miller, we will get to them in a moment first let's show you more of what is happening in the markets. a pickup in the commodity market today. risk assets finding purchase on the board. just about $39 a barrel in oil, and treasuries have yields creeping up for the first time in five days. go away, much more coming up when we come back. ♪ olivia: welcome back to the bloomberg market
a toll brothers house was down to $720,000.ed withead the biggest audience ever for a new cable series. it attracted more than 10 million viewers. the zombie series is a spin off of the walking dead, one of the broadcastebel networks. let's take a quick look at where the u.s. markets are trading right now. back aftere bouncing the biggest two-day selloff we have seen in u.s. equities as the financial crisis at the dow jones now up 261. andy mastec is a triple digits right now. went remember...
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Aug 18, 2015
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toll brothers is at its highest and almost a decade.e have seen the long-run for these stocks and they are back to where they were pretty financial crisis and pre-housing crisis. it's an interesting round-trip. we are lookingrs at is patterson companies who make dental equipment and the shares are higher by 3.5% on an analyst note who says this company could be interested potentially and taking itself private or that it's a reasonable takeover target given that it is undervalued. that is sending those shares higher. memory chip makers have been downgraded over at bank of america. you can see micron and send this k are trading lower. versusory chip makers the philadelphia semiconductor index which is a price to sales metric. in white is the philadelphia semiconductor index. pc's have slumped and many of the chipmakers are linked to that. price to sales is really seeing a gap at memory chip makers versus the rest of the chipmakers. mark: thanks so much. up, brazil is hurtling toward its worst recession in over two decades amid protests an
toll brothers is at its highest and almost a decade.e have seen the long-run for these stocks and they are back to where they were pretty financial crisis and pre-housing crisis. it's an interesting round-trip. we are lookingrs at is patterson companies who make dental equipment and the shares are higher by 3.5% on an analyst note who says this company could be interested potentially and taking itself private or that it's a reasonable takeover target given that it is undervalued. that is...
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Aug 25, 2015
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transfer breaking news from toll brothers. the homebuilders reported net profit of 36 cents short of the estimate for 49 cents per share. revenue $1.03 billion. we will get more housing related data, not the the 9:00 a.m. hour. i reported home prices at 10:00 eastern new home sales for july. those are key because if i may have to see if the u.s. economy is holding up to see if the fed can raise rates here. nicole: i was reading something at the same time you are speaking of the markets. yesterday we dropped 1089 points. we've never dropped 1089 points. go ahead and give a little pat on the shoulder. he made it through. let's get you caught up in the global market this morning and see how we are faring out. shanghai continues to the downside. the markets would be down again to use a mix average is kang sang and coffee are higher. let's look at the next four to get you caught up in europe. 2% gains for the ftse, cac and dax as well. train for a better day for u.s. stock market futures. the dow 456-point. s&p higher by 56. 132. w
transfer breaking news from toll brothers. the homebuilders reported net profit of 36 cents short of the estimate for 49 cents per share. revenue $1.03 billion. we will get more housing related data, not the the 9:00 a.m. hour. i reported home prices at 10:00 eastern new home sales for july. those are key because if i may have to see if the u.s. economy is holding up to see if the fed can raise rates here. nicole: i was reading something at the same time you are speaking of the markets....
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Aug 24, 2015
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toll brothers can be very conservati conservative. >> restaurant chains, it's a chain that i like. finally while i'm champion of truth and not hope i think younger people in the audience could buy a high flyer and maybe even two because they have their whole life to make that money back if they're wrong. netflix closed below 98 and because china is a big issue you get lucky with this one since netflix hasn't gone to china yet. or google. people forgot the huge organization that better breaks out the venture capital portions of google from the high growth, high profits part. that's especially given that google is not even in china and to think we trusted the chinese to get it right. i wonder if they're censoring the financials with so many junk companies. last but not least why not happenel? send an e-mail to tim cook so see if there was anyway to find out if the worries about china were leading to a major decline in sales. falling from $133 last month down to the mid 90s in premarket trading. coke sent me back an e-mail saying the last couple of weeks have been strong for iphone 6.
toll brothers can be very conservati conservative. >> restaurant chains, it's a chain that i like. finally while i'm champion of truth and not hope i think younger people in the audience could buy a high flyer and maybe even two because they have their whole life to make that money back if they're wrong. netflix closed below 98 and because china is a big issue you get lucky with this one since netflix hasn't gone to china yet. or google. people forgot the huge organization that better...
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Aug 18, 2015
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toll brothers at the highest in almost a decade. finally, retailers. we have a letter retail news today and they are a mixed picture in terms of how they did. walmart missing in part of currencies -- currency costs, stronger dollar, and the effect that had on his sales, in part because of higher costs to pay employees. it's all higher than usual shrinkage rate. stealing more stuff. walmart and tjx beating estimates. housing and off prices are doing better, guys. -- alix alix steel steel -- julie hyman, thanks so much. alix steel sitting right next to me. alix: let's talk politics. as hillary clinton tries to win over voters in hawkeye state come one thing keeps getting in the way, herself. scarlet: clinton cannot shake the perception that she is unavoidable, giving candidates like presenters a -- bernie sanders a wider opening chewing good joining us is john heilemann. john: that discussions of shrinkage gave me reminders of "seinfeld." alix: totally different. john: they look back at her campaign about what she dead wrong and are trying to do things r
toll brothers at the highest in almost a decade. finally, retailers. we have a letter retail news today and they are a mixed picture in terms of how they did. walmart missing in part of currencies -- currency costs, stronger dollar, and the effect that had on his sales, in part because of higher costs to pay employees. it's all higher than usual shrinkage rate. stealing more stuff. walmart and tjx beating estimates. housing and off prices are doing better, guys. -- alix alix steel steel --...
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Aug 17, 2015
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toll brothers on the water front started at a 3x.n a market that makes sense, you could buy the stocks the home builders and expect to make money. t.r. horton, builder of entry level home led the charge up 23% for the year. toll which i mentioned has been pushing relentlessly. le noer, same. they broke through levels that would have been unthinkable because of commodities going lower and the worldwide turmoil. there was a positive in the end. what's extraordinary to me is this move is happening right under the noses of people who should know better. but they keep waiting. they keep waiting for the bell to go off, for the federal reserve to signal that it will raise rates. you don't do it if you are serious. you tune out the fed talk and figure out who does better in the environment you have. you play the hand that you have been given. the answer, the home builders. one derivative further. once you buy a house you have to fill it with goods. can't just buy a house. there are a host of web based opportunities like amazon and wayfair. t
toll brothers on the water front started at a 3x.n a market that makes sense, you could buy the stocks the home builders and expect to make money. t.r. horton, builder of entry level home led the charge up 23% for the year. toll which i mentioned has been pushing relentlessly. le noer, same. they broke through levels that would have been unthinkable because of commodities going lower and the worldwide turmoil. there was a positive in the end. what's extraordinary to me is this move is happening...
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Aug 25, 2015
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you've got the toll brothers thing undercutting the housing look.l, we'll -- i think we'll let them proceed. you know things, think are going to close reasonably well in europe. and we've got china tomorrow, we'll see where that comes in. >> is this the outcome you would have picked for today? >> i actually was doing reversal yesterday. that came through, i would have thought maybe not the 400 we would have had, but maybe a 150-point to 200-point rallies. >> we haven't seen recalibration of a year-end target so far. 2100 seems to be roughly the floor. do you think we'll get adjustments or do you think the majority of the people think the market will keep climbing? >> i think the majority feel that way. you have 25% feel that they'll move in september on rates, that's hard for me to believe. i think everybody thinks it was an ex-oj nous event and we'll get straightened out and move on from here. >> we're going to get the europe close in a few moments. simon hobbs is bucking a trend, a red trend in asia. and you can see, really west european stock mar
you've got the toll brothers thing undercutting the housing look.l, we'll -- i think we'll let them proceed. you know things, think are going to close reasonably well in europe. and we've got china tomorrow, we'll see where that comes in. >> is this the outcome you would have picked for today? >> i actually was doing reversal yesterday. that came through, i would have thought maybe not the 400 we would have had, but maybe a 150-point to 200-point rallies. >> we haven't seen...
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Aug 18, 2015
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if you want to own the high end, it's more like a toll brothers. these are not inexpensive stocks, but i think the trends are definitely in your favor on these names. i think you can still own them. buy on weakness, not trading up. >> single family, the best since do you 7. >> i think it does take to you dhi, trading around $31. you have to look at the strength in the last six of seven sessions. home building sector outperforming the s&p. the positive momentum is there. i think it's at the beginning right now, as interest rates are set to rise. look at the xhb, we were talking about that etf below $30. just basically eight months ago. that's now approaching $40. you have owens-corning a great play, temper-sealy, a great play. >>> let's go over to sandisk call at b of a merrill. it's a sell. they cut the price target from $75 to 40. the stock has been, before today it was at 58. it's already, can you guys -- >> throw out a year-to-date. >> it's only down $1, considering how bad it looked early on, it was down $1 on top of where it is now. >> the pre
if you want to own the high end, it's more like a toll brothers. these are not inexpensive stocks, but i think the trends are definitely in your favor on these names. i think you can still own them. buy on weakness, not trading up. >> single family, the best since do you 7. >> i think it does take to you dhi, trading around $31. you have to look at the strength in the last six of seven sessions. home building sector outperforming the s&p. the positive momentum is there. i think...
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Aug 17, 2015
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toll brothers that's not exposed to that, more sophisticated buyers already up 19% year to date. i think you get your most leverage, most beta oust pulte and kb. >> i know carter holds heavy sway with you, guy. but do you believe that you can be lukewarm on the narkts markets but bullish on housing? >> b.k.'s been that way. he was very positive on housing and somewhat negative on the broader market. the broader market's going nowhere. some of these housing stocks have been on fire. the answer is yes. what carter says goes with me. home depot tomorrow before the bell. great balance sheet. the housing market seems to play to home depot's strengths. we've said that for a while. if it's weak tomorrow post earnings i think you buy it but i don't think you're going to get that weakness. >> this is the itb probably one of the most beautiful breakouts you'll see in the market right now that doesn't have a whole heck of a lot of leadership. it's been trying to break out. if you want to buy this breakout use a tight $28 stop to the down side. >>> coming up next "the new york times" versus
toll brothers that's not exposed to that, more sophisticated buyers already up 19% year to date. i think you get your most leverage, most beta oust pulte and kb. >> i know carter holds heavy sway with you, guy. but do you believe that you can be lukewarm on the narkts markets but bullish on housing? >> b.k.'s been that way. he was very positive on housing and somewhat negative on the broader market. the broader market's going nowhere. some of these housing stocks have been on fire....
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Aug 25, 2015
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toll brothers down a percent in premarket trading.er the home builder reported a 12% rise in third quarter. profits were down from the same time a year ago. those shares down about 10% over the last week. netflix surging 7% premarket. this is a stock that's fallen by 16% over the last week. the best performer in the s&p 500 on a year to date basis. according to cnbc.com, one of the most loved and hated ticker lookups in that site. apple shares, it was outperform from market analyst citing overvaluation and reassurances about china from tim cook in an e-mail to our very own jim cramer. back to you guys. >> thank you. >>> for more on what wr to find value after yesterday's big selloff, let's bring in marty sass, ceo and chairman at m.d. sass, also a "squawk box" platinum portfolio member. i talked about 1987 earlier. i had already been familiar with you for seven, eight years by the time 1987. marty was in the business back then. >> he was what, 25? >> right. he was an intern. an intern. do you care about macro stuff? >> i do. >> and wh
toll brothers down a percent in premarket trading.er the home builder reported a 12% rise in third quarter. profits were down from the same time a year ago. those shares down about 10% over the last week. netflix surging 7% premarket. this is a stock that's fallen by 16% over the last week. the best performer in the s&p 500 on a year to date basis. according to cnbc.com, one of the most loved and hated ticker lookups in that site. apple shares, it was outperform from market analyst citing...
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Aug 25, 2015
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sales and earnings were lower at the biggest luxury homebuilder, toll brothers. may have been caused mortgage rates months ago. the average price of a home was down 1%. the national rifle association and other gun rights groups are suing seattle over a new tax. the seattle city council voted to impose a $25 tax on each firearm purchased. there will be a two cents tax on each were ammunition. tax inll spend the court. those are some of your top headlines. destruction, anxiety, and nervousness is what our next guest saw in financial markets the last couple of days but risk is back in vogue this morning. is the rebound on solid footing? michael james is with us. from los angeles. we will see how long the rebound lasts but how solid is the footing? >> i don't think anything is on solid footing now. the doubt when down 1500 points in the last four days and it's nice to get some of that back but i don't think anybody feels comfortable that the morning gains will be held. higher, the only thing that is guaranteed is that volatility will continue. i think we have to get
sales and earnings were lower at the biggest luxury homebuilder, toll brothers. may have been caused mortgage rates months ago. the average price of a home was down 1%. the national rifle association and other gun rights groups are suing seattle over a new tax. the seattle city council voted to impose a $25 tax on each firearm purchased. there will be a two cents tax on each were ammunition. tax inll spend the court. those are some of your top headlines. destruction, anxiety, and nervousness is...
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Aug 27, 2015
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go back to the toll brothers, they are not worried about it at all. it is about malarb ysia, about thai, ukraine. it is much less about our country. >> maybe we should work. speaking about largely our country, although they do a good amount of overseas business. amazon is over about 4%. raymond james, they raised their target to 640. how do they get to that? based on a sum of the parts analysis of 2016 revenues. the sales multiple of 2.4, not 2.5, not 2.3. 2.4 times their 16 revenue estimate which, by the way, is $128 billion. there, you have that. >> today is the day where the shorts are furious. they thought the most overvalued stocks in this market were facebook, amazon, netflix, google, tesla. >> google? >> how did you throw google in there? >> i don't think google is overvalued. there are people that said they did this alphabet thing and suddenly you should be able to add 80 points to it. if you separate that venture capital arm filled with un corns from the rest of the company. the rest valued at 20 times earnings. >> your larger point is that w
go back to the toll brothers, they are not worried about it at all. it is about malarb ysia, about thai, ukraine. it is much less about our country. >> maybe we should work. speaking about largely our country, although they do a good amount of overseas business. amazon is over about 4%. raymond james, they raised their target to 640. how do they get to that? based on a sum of the parts analysis of 2016 revenues. the sales multiple of 2.4, not 2.5, not 2.3. 2.4 times their 16 revenue...
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Aug 25, 2015
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builders continue to say they have pricing power, toll brothers ceo echoed that on the company's earnings call today. this is toll's average sale price soared to its highest ever. builders are shying away from the entry level product as first-time buyer demand just isn't there. been a lot of talk about what all this market volatility will do to consumer confidence in housi housing. an index of overall buyer demand by redfin slipped in july by the fourth straight month. economists from s&p, zillow and redfin have noted that buyers are getting price fatigue at best and sticker shock at worst. as we talk about the rising yield on the ten-year, mortgage rates follow those up as well. >> they sure do. thank you, diana olick. do you keep buying the sector? our guests, welcome to "power lunch," both of you. chad chad, look, let's be honest. if you bought a property in the states five, six years ago, you are laughing pricewide. >> the general thematic is that the great deleveraging is starting to subside. that will give power to home builders. mortgage debt typically grows around 6% over the last
builders continue to say they have pricing power, toll brothers ceo echoed that on the company's earnings call today. this is toll's average sale price soared to its highest ever. builders are shying away from the entry level product as first-time buyer demand just isn't there. been a lot of talk about what all this market volatility will do to consumer confidence in housi housing. an index of overall buyer demand by redfin slipped in july by the fourth straight month. economists from s&p,...
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Aug 25, 2015
08/15
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CNBC
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toll brothers ceo echoed that on the earning call today. average sales price soared to the highest price ever. builders shying from entry level product as first time buyer demand isn't there existing home prices moved up by 5% in june from a year ago. they flattened out. we are heading into this lower season for housing, but demand appears to have weakened early this year. red fin reporting a drop in buyer demand in july. high prices turning consumers away. it's not all about interest rates either. rate moves have very little affect on buyer demand. all about credit availability and prices. neither one of those are easing up. >> is it a good time to be buying the home builder? susan mclarry is home building analyst. scott, which parts of the real estate market makes sense here? >> the impact china has own the u.s. market. china is trying to export its deflation. if you add that to what's happening in the energy markets, in terms of the europeans printing money, all that portends to further decline in the ten-year treasury. what is happening
toll brothers ceo echoed that on the earning call today. average sales price soared to the highest price ever. builders shying from entry level product as first time buyer demand isn't there existing home prices moved up by 5% in june from a year ago. they flattened out. we are heading into this lower season for housing, but demand appears to have weakened early this year. red fin reporting a drop in buyer demand in july. high prices turning consumers away. it's not all about interest rates...
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Aug 18, 2015
08/15
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CNBC
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horton are hitting multiyear heights, toll brothers and pulte group. a run of an 8.5-year high. big day for those home building stocks. >>> mcdonald's is trading at levels not seen since june. the fast food chain ranked in as the first choice for breakfastarians, offering breakfast all day starting this fall. this fall, starbucks and panera spicing up the formulas of pumpkin spice lattes. starbucks saying this year's version will include real pumpkin. panera also promising a version without artificial colors, flavors or high fructose korn syrup. >>> brazil's petrobras could phase one of the largest penalties in a corporate corruption investigation, fines as large as $1.6 billion. that stock has plummeted 65% in the past year. >> sara, it is not just tech companies thinking their work spaces anymore, method emerged as a startup taking on big companies to sell soap, dish washing detergent and other cleaning product. cnbc got inside its san francisco headquarters to meet the, quote, people against dirty. >> high name is rudy becker, head of the packaging department. today we'll tak
horton are hitting multiyear heights, toll brothers and pulte group. a run of an 8.5-year high. big day for those home building stocks. >>> mcdonald's is trading at levels not seen since june. the fast food chain ranked in as the first choice for breakfastarians, offering breakfast all day starting this fall. this fall, starbucks and panera spicing up the formulas of pumpkin spice lattes. starbucks saying this year's version will include real pumpkin. panera also promising a version...
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Aug 24, 2015
08/15
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CNBC
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. >> toll brothers, will they have a worse quarter because of this? they serve properties over and maybe there are people on wall street who fear their jobs. >> you've said housing punching above its weight is not enough. 10% of the economy is not enough. >> we need more. i still believe it would be helpful for yellen to come out. maybe the fed is irrelevant at this point. people like to talk about it because it's easy to talk about. i'm trying to compute where the dow is and i do not come up with these numbers, dow down 800. it's very hard for me to think that a verizon is going to trade to a 6% yield. i just find that hard. >> caterpillar maybe because it's linked to china. >> it doesn't make sense to you. it does make sense to people who believe that this entire period of growth has been an illusion through the prim of kqe, and tht prism is being taken away. >> they should tell everything they bought, but they didn't buy anything. the problem is that 403 out of 500 s&p stocks on friday were still above where they were. you'd say that these people w
. >> toll brothers, will they have a worse quarter because of this? they serve properties over and maybe there are people on wall street who fear their jobs. >> you've said housing punching above its weight is not enough. 10% of the economy is not enough. >> we need more. i still believe it would be helpful for yellen to come out. maybe the fed is irrelevant at this point. people like to talk about it because it's easy to talk about. i'm trying to compute where the dow is and...
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Aug 13, 2015
08/15
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KCSM
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for their loved ones at a memorial marking the crash site. [ bell tolls ] >> translator: i've been coming here for 30 years to see my brotheri've come this year too. >> translator: my son was born the year i lost my younger brother in the crash. my son got married, so he came here to introduce his wife to my brother. >> a japan airlines boeing jumbo jet went into the mountain on august 12, 1985. it was heading for osaka from tokyo. only four people survived the crash. investigators concluded that the rear pressure bulkhead came apart during the flight, making the plane uncontrollable. about 360 people gathered at the foot of the mountain for a memorial ceremony. participants observed a minute of silence at 6:56 p.m., the time of the crash. they laid flowers at an altar, and lit 520 candles. one for each victim. they prayed that a similar disaster would never happen again. >>> many people in japan are taking a break this week for the mid summer holidays known as o-bonn. they're heading to their hometowns or vacation spots and the flow of travelers has reached its peak. passengers packed onto bullet trains throughout the day.
for their loved ones at a memorial marking the crash site. [ bell tolls ] >> translator: i've been coming here for 30 years to see my brotheri've come this year too. >> translator: my son was born the year i lost my younger brother in the crash. my son got married, so he came here to introduce his wife to my brother. >> a japan airlines boeing jumbo jet went into the mountain on august 12, 1985. it was heading for osaka from tokyo. only four people survived the crash....
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Aug 2, 2015
08/15
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CNNW
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brother get in the car? >> yes. >> cell towers and a toll booth camera track the car as it travels toward a secluded area oft 3:22 a.m., odin's sister gets a message from him telling him, with nfl, just so you know. but the judge rules that what he wrote is not proof he thought he was going to die. the jury never sees that message. as lloyd sends that message, headlights in the upper left of this video can be seen pulling into the unlit section of the industrial park, where odin lloyd is murdered. prosecutors say it's the altima. for the next three minutes and 40 seconds, there is no movement on screen. then headlights re-emerge. the time in between, prosecutors say, is when lloyd is shot dead. around that same time, employees working the overnight shift at the industrial park, are jolted. >> i heard a loud bang maybe four or five times. i thought it was fireworks. >> it was about six or eight loud sounds. >> hernandez's home is just a half mile from the murder scene. at 3:29, the altima pulls up in hernandez's driveway. jurors see video of the crime scene and odin lloyd's bullet-riddled body. a lab scienti
brother get in the car? >> yes. >> cell towers and a toll booth camera track the car as it travels toward a secluded area oft 3:22 a.m., odin's sister gets a message from him telling him, with nfl, just so you know. but the judge rules that what he wrote is not proof he thought he was going to die. the jury never sees that message. as lloyd sends that message, headlights in the upper left of this video can be seen pulling into the unlit section of the industrial park, where odin...
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Aug 12, 2015
08/15
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MSNBCW
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brother or the policies that launched the u.s. war a single time in this speech. he also left out the massive tollhat the iraq war and the surge took on u.s. troops. under president bush, over 35,000 u.s. troops were injured or killed in iraq. under president obama, 1,880 casualties. this is the real legacy of the war in iraq. and jeb bush would be wise to remember it. joining me now is hardin lang, senior fellow at the center for american progress. thank you for being here tonight. >> good to be with you. >> jeb bush didn't mention the name george bush once. has he forgotten the real lessons of the iraq war? >> look, i'll give him points for bravery here. if your last name is bush and you're critiquing policy and failure in iraq, that's a pretty brave move. if there's any original sin here, we're going to have to lay that at the previous bush administration. everyone knows that isis grew out of al qaeda in iraq, and al qaeda wasn't in iraq until we invaded in 2003 and dismantled the military. >> now -- go ahead. >> please. >> let me bring that point up, because i want to play this. he did mention
brother or the policies that launched the u.s. war a single time in this speech. he also left out the massive tollhat the iraq war and the surge took on u.s. troops. under president bush, over 35,000 u.s. troops were injured or killed in iraq. under president obama, 1,880 casualties. this is the real legacy of the war in iraq. and jeb bush would be wise to remember it. joining me now is hardin lang, senior fellow at the center for american progress. thank you for being here tonight. >>...
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brother i never had. linsey davis, abc news, washington. >>> well, the death toll from an outbreak of legionnaires' diseasenow risen to seven. political leaders and health officials answered questions last night at a packed public hearing on the outbreak in the south bronx. it is spread through mist that comes from a water source. five cooling towers in the area have been decontaminated but it's still not clear if they are the source. >>> investigators in michigan are looking for the source of a legionnaires outbreak which killed a woman in the flint area. family members say the symptoms came on suddenly, starting first with a headache and then a high fever that was followed by pneumonia from which she never fully recovered. >>> comedienne amy schumer is speaking out in the wake of last month's theater shooting incident in louisiana. the incident took place at a showing of schumer's movie "trainwreck." 11 people were shot, two women shot by john russell houser. schumer called the attack personal and supporting new gun control legislation proposed by her cousin, senator charles schumer. >> we're here today
brother i never had. linsey davis, abc news, washington. >>> well, the death toll from an outbreak of legionnaires' diseasenow risen to seven. political leaders and health officials answered questions last night at a packed public hearing on the outbreak in the south bronx. it is spread through mist that comes from a water source. five cooling towers in the area have been decontaminated but it's still not clear if they are the source. >>> investigators in michigan are looking...
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Aug 24, 2015
08/15
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WABC
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toll from the storm is up to 19. the typhoon is moving north from the philippines. the latest victims are a 2-year- old girl and her 9-month-old brother who were swept away from flash flooding. 16 people are missing. >>> two men who made violented online threats against people attending the pokemon championships going to be arraigned on weapons charges. >> the two men from iowa were stopped as they tried to enter the event. they found the men had a 12 gauge shotgun an ar-15 rifle, and a hunting knife. >> how terrifying. imagine the young people at that event and how scary that could have been. you'rener more than 7 minutes away from weather and traffic. meteorologist jeff smith in for bill. >> overall a pretty nice morning. we're looking at a nice sunrise as we look off to the east and noe northeast over central park. you see the jackie o. reservoir on the left-hand side of your screen. we have some dense fog in a couple locations that will be burning off and a few showers over the extreme eastern tip of long island. those will be weakening and moving to the north and east during the next several hours. they'll be out of here by 9 or
toll from the storm is up to 19. the typhoon is moving north from the philippines. the latest victims are a 2-year- old girl and her 9-month-old brother who were swept away from flash flooding. 16 people are missing. >>> two men who made violented online threats against people attending the pokemon championships going to be arraigned on weapons charges. >> the two men from iowa were stopped as they tried to enter the event. they found the men had a 12 gauge shotgun an ar-15...
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Aug 13, 2015
08/15
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WCAU
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brother is being monitored on earth. >>> let's see what is coming up on "today" show. >> good morning. >> guys, good morning to you. >>> coming up on a thursday, the rising death toll from that massive explosion at a chinese warehouse. the fires is sparked now delay the search for more possible victims. we are at the scene. >>> kelly rutherford slamming the judge who ordered her kids be returned to her father. her strong words and why it could hurt her chances of winning back custody. >>> the new school year begins, will your children suffer from homework overload? why they probably will get more than they should. >> we get started on a thursday morning on "today." back to you. >> you know what it is today? >> what? >> taco thursday? >> no. it is veil's first birthday. >> take ha it been a year? >> one year. >> big plans? >> i'll all weepy about it! >> oh, sweet. >> my little girl is growing up! everybody says they grow up fast but you don't realize how true it is until you have one, then boom, they are grown. happy birthday to her. >> thank you. >>> 11 minutes before 7:00. we have got a great day for birthday celebrations or any celebrations or any activity outside tod
brother is being monitored on earth. >>> let's see what is coming up on "today" show. >> good morning. >> guys, good morning to you. >>> coming up on a thursday, the rising death toll from that massive explosion at a chinese warehouse. the fires is sparked now delay the search for more possible victims. we are at the scene. >>> kelly rutherford slamming the judge who ordered her kids be returned to her father. her strong words and why it could...
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Aug 14, 2015
08/15
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KPIX
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brother's decision to invade iraq. >> taking out saddam hussein turned out to be a pretty good deal. >> china in that deadly blast, the death tollow standing at 56. >> russ cuers have pulled a survivor from rubble. dozens missing. >>> sudden heavy rain in las vegas, thousands left without power. >> bracing for el nino. this year could be one of the bet wettest. >> this is potentially a godzilla el nino. >>> the duke and duchess of cambridge have warned photographers to stop harassing their children. >> they say their activities place a security risk. >>> police are continuing to investigate the death of 45-year-old young at the amusement park after being hit by a roller coaster. >> a school bus slammed into a liquor store, and all 11 children on board were taken to the hospital. >>> all that -- >> this west jet flight attendant obviously loves his job. >> if that was the pilot, i'm getting off that plane. >> there he is! tom brady, on this football field. he has to be pumped. >> brady dealing with a lot of off the field issues. >> do you think they checked the footballs before this game? >> five or six times. >> and all that mat
brother's decision to invade iraq. >> taking out saddam hussein turned out to be a pretty good deal. >> china in that deadly blast, the death tollow standing at 56. >> russ cuers have pulled a survivor from rubble. dozens missing. >>> sudden heavy rain in las vegas, thousands left without power. >> bracing for el nino. this year could be one of the bet wettest. >> this is potentially a godzilla el nino. >>> the duke and duchess of cambridge have...