Content about Standard & Poor

May 4, 2011

Standard & Poor’s has downgraded Builders FirstSource, following the Dallas pro dealer’s announcement that it has abandoned plans to refinance its existing debt and extend its revolving credit facility due in 2012.

The New York ratings agency lowered the company’s corporate credit rating from a “CCC+” to a “CCC” and gave it a negative outlook. S&P cited “ongoing weakness in new residential housing markets” and possible liquidity problems over the next several quarters.

April 25, 2011

A just-released report on the homebuilding industry from Standard & Poor’s has predicted “tough conditions” and no major improvement over the remainder of the year in the U.S. homebuilding market.

January 21, 2011

A report just released from Standard & Poor’s Rating Services predicts a stable 2011 for most building products manufacturers, despite continued weakness in construction activity. The report, entitled “Efficiency Gains Should Keep The U.S.

October 17, 2010

The Joint Center for Housing Studies at Harvard University has announced the appointment of economist...

December 30, 2008

Prices of new homes across the country continue to slide, with record drops in 14...

September 21, 2008

Despite its ominous title—“ No Shelter from the Perfect Storm for U.S. Hom ebuilders and...

September 7, 2008

Prices of single-family homes across the United States are still falling, but the declines are...

August 26, 2008

U.S. home prices declined at a slower pace in June, the fourth straight month in...

June 24, 2008

Sales of new homes fell 2.5 percent to 512,000 units in May amidst reports of...

April 30, 2008

More bad news on the housing front, with 17 out of 20 cities showing price...

October 21, 2007

Standard & Poor's may downgrade BMHC’s credit rating in reaction to a call for a...