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BUSINESS BRIEFS.(TO THE POINT)
BUILDING
Hovnanian Q3 EPS surged 101%
The home builder earned $1.43 a share ex-charges, beating raised views by 68%. Sales rose 38% to $704.6 mil. Hovnanian Enterprises' backlog grew 20% to a record 4,403 homes. The firm sees $1.12-$1.22 a share in Q4. Analysts expect $1.02, up 38%. Hovnanian jumped 13%. IBD's building group rose 4.8%, the day's best.
- Beazer Homes' Aug. orders rose 62% to 1,392 units. Excluding its recent buy of Crossman Communities, orders rose 22%.
TELECOM
Qwest gets amended loan deal
The telecom confirmed after the close it reached a deal with banks to amend terms of a $3.39 bil credit pact. Qwest will reportedly be permitted to carry more debt. With the threat of bankruptcy eased, the focus shifts to profitability. Qwest rose after hours after gaining 10% in regular trade on reports of the deal.
- SYNOPSIS OF CROSSMAN COMMUNITIES PRESENTATION AT RAYMOND JAMES SEVENTEENTH...
- Press release article from: PR Newswire March 6, 1996 700+ words
ST. PETERSBURG, Fla., March 6 /PRNewswire/ -- Following is a synopsis of the presentation made today by Crossman Communities (Nasdaq-NNM: CROS) at the Raymond James Seventeenth Annual Institutional Investors Conference being held March...
- Deutsche Telekom To Sell Cable TV Business.
- Press release article from: PR Newswire June 21, 2001 700+ words
...June 21 /PRNewswire/ -- Deutsche Telekom (NYSE: DT) today announced...assume control of all of Deutsche Telekom's remaining cable activities...represented by the companies Deutsche Telekom Kabel-Services GmbH...
- Deutsche Telekom Partners With Microsoft to Launch IPTV Services.
- Press release article from: PR Newswire March 21, 2006 700+ words
Agreement Will Provide Deutsche Telekom Customers With a Platform for...PRNewswire-FirstCall/ -- Deutsche Telekom AG has reached agreement with...The contract will enable Deutsche Telekom Group to deliver next-generation...
- Deutsche Telekom's Interest in Global One to be Acquired by France Telecom.
- Press release article from: PR Newswire January 26, 2000 700+ words
- Deutsche Telekom will invest the proceeds from the...Sommer: This is another example of Deutsche Telekom Taking clear strides in positioning...PRNewswire/ -- After negotiations with Deutsche Telekom (NYSE: DT) and Sprint, France...
- Deutsche Telekom and 1GlobalPlace Announce Partnership.
- Press release article from: Business Wire September 30, 2001 700+ words
...Registration in Over 200 ccTLD Extensions to Deutsche Telekom's Enormous Client and Reseller Base Deutsche Telekom (NYSE:DT), Europe's largest...Under the two-year contract, Deutsche Telekom and its subsidiaries, partners...
- Deutsche Telekom and Infonet Services Corp. Finalise Global Communications...
- Press release article from: Business Wire May 9, 2000 700+ words
...Estimated at $1 Billion by Infonet; Deutsche Telekom to Sell Infonet's Full Portfolio...NYSE:IN) (FSE:IN) and Deutsche Telekom (NYSE:DT) have finalised an agreement which allows Deutsche Telekom to sell Infonet's full portfolio...
- Deutsche Telekom AG and Check Point Software Join Forces in Managed Internet...
- Press release article from: PR Newswire October 28, 1997 700+ words
...management solutions, today announced that Deutsche Telekom will standardize on Check Point...Internet, intranets and extranets. Deutsche Telekom, Europe's largest telecommunications...Under the terms of the agreement, Deutsche Telekom and Check Point will collaborate to...
- Deutsche Telekom plots [pounds sterling]18bn takeover of O2.
- Newspaper article from: Sunday Business (London) September 25, 2005 700+ words
...Glover Sep. 25--German phone giant Deutsche Telekom is believed to be plotting a takeover...that a bid is being lined up for O2. Deutsche Telekom, which owns T-Mobile in Germany...expectations were fuelled last week when Deutsche Telekom's chief executive, Kai-Uwe Ricke...
