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Tri Pointe Homes Names Robert Norton as Division President of Coastal Carolinas
Globenewswire· 2025-08-19 10:00
As a seasoned homebuilding leader with deep Lowcountry roots, Robert Norton will guide Tri Pointe's strategic growth and premium lifestyle vision across the Coastal Carolinas market CHARLESTON, S.C., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE: TPH), one of the largest homebuilders in the US, today announced the appointment of Robert Norton as division president of its Coastal Carolinas division. Norton brings more than two decades of dynamic homebuilding and financial leadership experience to ...
Warren Buffett Just Invested $3.9 Billion in 12 Stocks. Here's the Best of the Bunch.
The Motley Fool· 2025-08-19 08:47
One of Berkshire Hathaway's purchases in Q2 looks like a textbook Buffett stock. Warren Buffett was a net seller of stocks for the 11th consecutive quarter in the second quarter of 2025. However, the legendary investor wasn't only selling stocks in Q2 for Berkshire Hathaway's portfolio. Buffett just invested $3.9 billion in 12 stocks, including three brand-new positions. Several of his purchases look like good picks, but one stands out as the best of the bunch. Half of Buffett's buys in Q2 involved adding t ...
How tariffs are hurting soybean farmers, homebuilder confidence falls in August
Yahoo Finance· 2025-08-18 19:19
Market Catalysts anchor Julie Hyman breaks down the latest market news for August 18, 2025. President Trump's tariffs are impacting soybean farmers. China "currently has zero soybeans purchased from the US, from the crop that is starting to be harvested right now, and that is a five-alarm fire for the US soybean farmer," the American Soybean Association President and farmer said as he described the tenuous situation as US soybean farmers wait for orders from China. National Association of Home Builders CEO ...
Homebuilder sentiment misses expectation in August
CNBC Television· 2025-08-18 18:15
Builder sentiment in the single family housing market dropped one point to 32 in August on the NAHB index. The street was looking for a onepoint gain. Anything below 50 is considered negative.Last August it stood at 39. Now the builders pointed to elevated mortgage rates, weak buyer traffic, and ongoing supply side challenges. Mortgage rates though actually came down nearly a quarter point from the end of July to the first few weeks of August.But that clearly didn't help much. Now, of the index's three comp ...
Buffett Makes Big Moves Outside of UNH: A Buy and Sell Breakdown
MarketBeat· 2025-08-18 16:30
Core Insights - Berkshire Hathaway made significant moves in Q2 2025, notably purchasing over 5 million shares in UnitedHealth Group, capitalizing on a 48% decline in the stock price during the quarter [1] - The firm also initiated positions in major homebuilders Lennar and D.R. Horton, as well as the largest steel producer Nucor, with these positions being kept confidential until now [2][3] Investment Moves - **New Positions**: Berkshire initiated positions in Lennar (approximately 7 million Class A shares worth $780 million), D.R. Horton (1.5 million shares worth $191 million), and Nucor (6.6 million shares worth $857 million) [3] - **Performance**: D.R. Horton reported strong earnings, contributing to a rally in homebuilding stocks, while Nucor benefited from steel tariffs, recovering from an 11% decline to a 25% increase by mid-August [4] Exits and Reductions - **Exit**: Berkshire fully exited its $1 billion stake in T-Mobile US, a move interpreted as profit-taking rather than a lack of confidence, with T-Mobile shares delivering a total return of approximately 114% since the initial investment [5][6] - **Reductions**: The firm reduced its stake in Apple by nearly 7%, marking the first reduction since Q3 2024, despite Apple shares experiencing a decline of over 7% in Q2 [8][9] - **Charter Communications**: Berkshire's shares in Charter dropped by over 46%, with the stock underperforming compared to the S&P 500 since the initial investment [9][10] Increased Holdings - **Pool Corporation**: Berkshire significantly increased its position in Pool from approximately 1.46 million to 3.46 million shares, a 137% increase, despite a 10% decline in the stock during Q2 [12][13] Cash Position - Berkshire Hathaway is holding a near-record cash position of $344 billion, indicating a cautious approach to investing in the current market [14]
Century Complete Unveils New Model Home in Palm Coast
Prnewswire· 2025-08-18 15:36
Online homebuying leader invites homebuyers and agents to tour new Roanoke modelPALM COAST, Fla., Aug. 18, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced that the Company's Century Complete brand recently opened a new model home for tours in Palm Coast, FL, nestled in an idyllic coastal location with central access to ...
August homebuilder sentiment surprises to downside
CNBC Television· 2025-08-18 14:59
But first, breaking housing data just crossing. Diana Olic has that for us. Diana, that's right, Leslie.Builder sentiment in the single family housing market dropped one point to 32 in August on the NAHB index. The street was looking for a onepoint gain. Anything below 50 is considered negative.Last August, it stood at 39. Now, the builders pointed to elevated mortgage rates, weak buyer traffic, and ongoing supply side challenges. Mortgage rates though actually came down nearly a quarter point from the end ...
X @Bloomberg
Bloomberg· 2025-08-18 14:26
US homebuilder confidence fell this month to match the lowest level since 2022, forcing firms to lean more heavily on incentives to counter high mortgage rates and persuade unmotivated buyers https://t.co/EVAOOcbZLx ...
Retail Investors' Top Stocks With Earnings This Week: Faraday Future, XPeng, Walmart And More
Benzinga· 2025-08-18 12:02
Investors are gearing up for another week of earnings reports, and some retail-investor favorites are part of the line-up. Here's a look at companies reporting this week that individual investors may be interested in. Monday, Aug. 18 Before Market Open: Crypto mining company Bitdeer Technologies Group BTDR will kick off the week with its second-quarter release before Monday's opening bell. Read Next: Michael Burry Joins Warren Buffett Going Long On UnitedHealth Stock After Market Close: Cybersecurity compan ...
Invest Like Warren Buffett With These ETFs
ZACKS· 2025-08-18 11:46
Investment Strategy Overview - Warren Buffett's Berkshire Hathaway has made significant investments in various sectors, indicating a strategic shift in focus towards healthcare and housing [2][3][5] - The company has also increased its positions in consumer staples, reflecting a preference for non-cyclical sectors amid economic uncertainties [6][7] Healthcare Investments - Berkshire Hathaway initiated a new position in UnitedHealth Group (UNH), acquiring over 5 million shares valued at approximately $1.6 billion, which led to an 11% increase in UNH's stock price [2] - The investment in UNH aligns with the trend of investing in healthcare-focused ETFs, such as iShares U.S. Healthcare Providers ETF (IHF) [2] Housing Sector Focus - New stakes were established in housing-related companies, including Nucor (6.6 million shares valued at $857 million) and D.R. Horton (1.49 million shares worth $191.5 million) [3][4] - An increased position in Lennar, from 152,000 to 7.23 million shares valued at nearly $799 million, indicates a strong belief in the housing market [4] - The focus on homebuilders suggests confidence in the housing sector, especially with easing mortgage rates [5] Consumer Staples Investments - The consumer staples sector remains a safe investment choice, with companies like Coca-Cola and Kraft Heinz being significant holdings [6][7] - Additional positions in Constellation Brands and Domino's Pizza further enhance Berkshire's exposure to the food and beverage industry [7] Technology and Financial Sector Adjustments - Berkshire Hathaway has reduced its stake in Apple by 69% from 2023 to 2025, now holding around 280 million shares, reflecting a decline of 6.7% [8] - A significant reduction of 56% in Apple shares was noted between October 2023 and June 2024, indicating a strategic shift away from traditional tech investments [9] - Similar reductions were observed in Bank of America, with 26 million shares sold from a total of 630 million [10] Market Performance - Berkshire Hathaway's stock has experienced an 11% decline since the announcement of Buffett's planned CEO succession, although it remains up about 6% year to date [11]