Holiday Builders Sale Shows What Buyers Want in Homebuilder M&A

Cotton futures were down 4 to 24 points across the board at the Thursday close. Crude oil corrected back lower on Thursday despite back and forth strikes between the US and Iran overnight, down $1.71 at the close. The US dollar index was down $0.034. Export Sales data showed 66,422 RB of cotton sold for…

International Business Machines (IBM 25.21%) just experienced one of the largest one-day declines in its history. That 25% drop on Tuesday came after CEO Arvind Krishna admitted that high capital expenditures on hardware had caused many companies to shift budgets away from software spending. Such a sharp reaction from the market will understandably leave many…

Currently, most homeowners change their clocks twice a year: forward by one hour on the second Sunday in March and back by one hour on the first Sunday in November.  However, this longstanding ritual may come to an end, thanks to the Sunshine Protection Act, which was passed by the U.S. House and aims to…

Key insight: Higher numbers of bankruptcy filings may be an indicator that small businesses are feeling increasing stress amid relatively high interest rates and inflation. Supporting data: The number of filings under a part of the bankruptcy code that small businesses frequently use to reorganize their debts was 50% higher during the first six months…