http://www.orchidforlabor.com/sites/buildingjustice.org Building Justice Wed, 20 Aug 2008 5:50:25 CDT en-us http://www.azcentral.com/news/articles/2008/04/15/20080415gl-nwvlawsuit0416cover-ON.html http://www.azcentral.com/news/articles/2008/04/15/20080415gl-nwvlawsuit0416cover-ON.html Wed, 16 Apr 2008 09:38:31 CDT The Arizona Repubic Owners of about 1,000 homes in Sun City Grand, one of Surprise's most affluent retirement communities, are seeking legal action against developer Pulte Homes to correct alleged construction defects. http://www.phoenixnewtimes.com/2008-03-13/news/a-shocking-court-decision-frees-home-builders-from-responsibility-for-home-defects http://www.phoenixnewtimes.com/2008-03-13/news/a-shocking-court-decision-frees-home-builders-from-responsibility-for-home-defects Thu, 13 Mar 2008 14:42:38 CDT Phoenix New Times Yep, these are lousy times to be a homeowner â€" and it may get much worse in this state. That's thanks to a recent court decision that consumer advocates believe will dramatically weaken new homebuyers' rights. The ruling basically lets builders off the hook for construction defects, saying that unless homeowners have a contract with their builder, they can't sue him. http://www.reuters.com/article/governmentFilingsNews/idUSN0732420520080307?pageNumber=1&virtualBrandChannel=0 http://www.reuters.com/article/governmentFilingsNews/idUSN0732420520080307?pageNumber=1&virtualBrandChannel=0 Wed, 12 Mar 2008 10:24:24 CDT Reuters Pulte Homes Inc has been denied a request to exclude a shareholder proposal seeking to establish a way to enforce "prudent lending practices" at the No. 3 U.S. home builder, advisory firm RiskMetrics Group said on Friday. http://www.maricopa.gov/pr_detail.aspx?releaseID=761 http://www.maricopa.gov/pr_detail.aspx?releaseID=761 Wed, 12 Mar 2008 10:05:54 CDT Maricopa County The alleged violations include: failure to obtain an earthmoving permit; failure to install, maintain and use a suitable trackout control device; failure to immediately clean up trackout, carryout, spillage and/or erosion; failure to cover haul trucks; failure to load all haul trucks such that the freeboard is not less than three inches; failure to implement control measures before, after and while conducting operations; failure to operate a water application system while conducting... http://www.orchidforlabor.com/sites/buildingjustice.org/ht/d/ArticleDetails/i/68174 http://www.orchidforlabor.com/sites/buildingjustice.org/ht/d/ArticleDetails/i/68174 Wed, 02 Apr 2008 21:30:35 CDT Builder Online UNDER NORMAL CIRCUMSTANCES, Pulte Homes' annual shareholders' meeting in Birmingham, Mich., on May 10 would have been uneventful: The builder declared a 4-cent quarterly dividend, and its CEO, Richard Dugas, lamented sodden market conditions. http://www.forbes.com/markets/feeds/afx/2007/08/22/afx4046369.html http://www.forbes.com/markets/feeds/afx/2007/08/22/afx4046369.html Fri, 24 Aug 2007 12:22:57 CDT MUMBAI (Thomson Financial) - Moody's Investors Service placed all of the ratings of Centex Corp, Lennar Corp, and Pulte Homes Inc under review for downgrade. http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-18907671.htm http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-18907671.htm Fri, 24 Aug 2007 12:23:59 CDT NEW YORK (AP) - Fitch Ratings said Wednesday it downgraded the issuer default rating of Pulte Homes (NYSE:PHA) Inc. to 'BBB' from 'BBB+' due to the continued U.S. housing slowdown and eroding credit quality. http://www.washingtonpost.com/wp-dyn/content/article/2007/07/26/AR2007072600894.html http://www.washingtonpost.com/wp-dyn/content/article/2007/07/26/AR2007072600894.html Tue, 31 Jul 2007 16:52:21 CDT By Ilaina Jonas NEW YORK (Reuters) - The slaughterhouse that has been the U.S. housing market for the past few months got bloodier on Thursday as several industry leaders reported worse results, June home sales fell more than expected and stocks throughout the sector hit multiyear lows. http://www.forbes.com/markets/2007/07/26/homebuilders-new-home-markets-equity-cx_af_0726markets17.html http://www.forbes.com/markets/2007/07/26/homebuilders-new-home-markets-equity-cx_af_0726markets17.html Tue, 31 Jul 2007 16:54:43 CDT Pulte Homes Announces Second Quarter Loss of $508 million http://www.forbes.com/feeds/ap/2007/07/03/ap3882531.html http://www.forbes.com/feeds/ap/2007/07/03/ap3882531.html Wed, 11 Jul 2007 13:50:55 CDT Pulte Homes Inc. amended its unsecured revolving credit facility, lowering its borrowing availability to $1.86 billion from $2.01 billion and extending the maturity date by nearly two years, the homebuilder said in a regulatory filing Tuesday. http://www.tradingmarkets.com/.site/news/STOCK%20ALERT/568095/ http://www.tradingmarkets.com/.site/news/STOCK%20ALERT/568095/ Tue, 03 Jul 2007 13:23:24 CDT Homebuilders were hit with downgrades by Citigroup on Monday morning. Leading U.S. homebuilder Pulte Homes' (PHM) company rating was lowered to Hold from Buy. Pulte Homes has a market capitalization of $5.75 billion and its shares are down 32% year-to-date. http://regulus2.azstarnet.com/blogs/clockingin/4662/pulte-protesters-got-hosed http://regulus2.azstarnet.com/blogs/clockingin/4662/pulte-protesters-got-hosed Mon, 02 Jul 2007 10:25:20 CDT Protesters at a Pulte Homes work site in Florence were sprayed repeatedly with high-pressure water coming from a work truck. The union got it all on tape. http://www.azcentral.com/12news/news/articles/pulteprotesters0621.html http://www.azcentral.com/12news/news/articles/pulteprotesters0621.html Thu, 21 Jun 2007 21:54:41 CDT The men say they were disrespected and insulted while only trying to improve their work conditions. The builder says they are the victims of an all-out assault by the union. The video is on-line on for everyone to judge for themselves. http://milwaukee.bizjournals.com/eastbay/stories/2007/05/28/daily17.html http://milwaukee.bizjournals.com/eastbay/stories/2007/05/28/daily17.html Fri, 01 Jun 2007 10:33:55 CDT EAST BAY BUSINESS TIMES - 11:11 AM PDT WEDNESDAY, MAY 30, 2007 Pulte Homes Inc. Tuesday announced plans to cut $90 million to $100 million in pre-tax spending along with 16 percent of its work force. http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=510181 http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=510181 Mon, 04 Jun 2007 16:15:25 CDT BUILDER Online News Service Publication date: May 30, 2007 By Robb Crocker Pulte Homes announced Wednesday that a 16 percent slashing of its workforce is part of a companywide restructuring plan designed to reduce costs and improve operating efficiencies. Pulte's impending layoffs comes on the heels of a small contingent of union workers staging a brief protest outside of the Four Seasons Aviara hotel in Carlsbad, Calif., last week, as part of a larger effort to pressure Pulte ... http://www.reuters.com/article/bondsNews/idUSN2932898420070529 http://www.reuters.com/article/bondsNews/idUSN2932898420070529 Tue, 29 May 2007 14:49:02 CDT (Corrects headline, first and third paragraphs to show that the companies are vulnerable to breaking covenants on credit facilities, not bonds) By Al Yoon NEW YORK, May 29 (Reuters) - At least three major U.S. home builders suffering from the housing slump may violate contracts that govern bank credit facilities, Standard & Poor's analysts said on Tuesday. Centex Corp. (CTX.N: Quote, Profile, Research , D.R. Horton Inc. (DHI.N: Quote, Profile, Research and Pulte Homes Inc. (PHM.N:... http://crainsdetroit.com/apps/pbcs.dll/article?AID=/20070528/SUB/70525079/-1/toc http://crainsdetroit.com/apps/pbcs.dll/article?AID=/20070528/SUB/70525079/-1/toc Tue, 29 May 2007 14:53:14 CDT Bloomfield Hills-based Pulte Homes Inc. included a column for “gift cards” in its table that breaks out the components of its executives’ “other compensation.”According to the table, Executive Vice President and COO Steven Petruska and Senior Vice President of Operations Peter Keane each received one $25 gift card. In a footnote, Pulte said it paid taxes on the value of the benefits it provides to executives for spousal travel, financial planning and for the gift cards.Mark Marymee,... http://www.dailynewstribune.com/homepage/x2001387348 http://www.dailynewstribune.com/homepage/x2001387348 Tue, 29 May 2007 14:50:58 CDT By Nicole Haley/Daily News staff Waltham - The developers of a 268-unit condominium complex will pay $600,000 into the Waltham Affordable Housing Trust Fund, lower prices on some of their units, and upgrade affordable apartments, as part of a legal agreement reached with the city. The deal, announced this week, ends a four-month standoff between the city and Minnesota-based Pulte Homes on special permit conditions for the Trapelo Road development known as Wellington Crossings. http://www.orlandosentinel.com/orl-homes1107may11,0,2043793.story http://www.orlandosentinel.com/orl-homes1107may11,0,2043793.story Fri, 11 May 2007 11:06:39 CDT The last bit of good news vanished from Orlando's gloomy home market last month, when the median price of the houses and condos sold by local Realtors fell from a year earlier for the first time in more than five years. http://www.businessweek.com/bwdaily/dnflash/content/may2007/db20070509_977735.htm http://www.businessweek.com/bwdaily/dnflash/content/may2007/db20070509_977735.htm Fri, 11 May 2007 11:04:38 CDT Battered by the bust, they're filing for Chapter 11 and begging hedge funds for help http://www.freep.com/apps/pbcs.dll/article?AID=/20070510/BUSINESS06/70510015/1002/BUSINESS http://www.freep.com/apps/pbcs.dll/article?AID=/20070510/BUSINESS06/70510015/1002/BUSINESS Fri, 11 May 2007 10:59:59 CDT Shareholders of Pulte Homes heard a downbeat assessment of the nation’s homebuilding market today at the firm’s annual meeting. “The worst may not be behind us,” Richard Dugas, Pulte’s president and CEO, told shareholders at the Community House in Birmingham. http://www.phillyburbs.com/pb-dyn/news/25-05102007-1344234.html http://www.phillyburbs.com/pb-dyn/news/25-05102007-1344234.html Wed, 16 May 2007 16:10:19 CDT By EDWARD LEVENSON phillyBurbs.com The developer of Bedminster Square promised Wednesday night to fix heating and ventilation problems that left residents with high heating bills but chilly homes. However, the 60 or so residents who attended a meeting at the Deep Run Mennonite Church on Deep Run Road were upset that Pulte Homes won't reimburse homeowners for excessive winter heating bills that in some cases reached $700 or $800 a month. The development is served by a centralized propane... http://www.thejournalnews.com/apps/pbcs.dll/article?AID=/20070430/NEWS04/704300346/1020 http://www.thejournalnews.com/apps/pbcs.dll/article?AID=/20070430/NEWS04/704300346/1020 Wed, 16 May 2007 16:11:30 CDT By BARBARA LIVINGSTON NACKMAN THE JOURNAL NEWS (Original publication: April 30, 2007) CARMEL - A national builder who has torn up a very visible hillside off Stoneleigh Avenue to construct 315 units of senior housing must include special features for elderly residents, such as buzzers and extra-wide doors, even if they might make the housing more expensive to build and less appealing to an affluent active buyer. Pulte Homes, which paid developer Paul Camarda $30 million for the 96-acre... http://www.bloomberg.com/apps/news?pid=20601087&sid=azlbZSOMfYgc&refer=home http://www.bloomberg.com/apps/news?pid=20601087&sid=azlbZSOMfYgc&refer=home Tue, 08 May 2007 11:49:08 CDT The outlook for Pulte's credit rating was lowered to ``negative'' from ``stable'' today (4/26) http://www.inbusinesslasvegas.com/2007/04/20/feature1.html http://www.inbusinesslasvegas.com/2007/04/20/feature1.html Tue, 08 May 2007 11:53:33 CDT New home prices in Las Vegas fall by nearly 10%. http://www.forbes.com/feeds/ap/2007/04/25/ap3653514.html http://www.forbes.com/feeds/ap/2007/04/25/ap3653514.html Tue, 08 May 2007 11:51:08 CDT Pulte Homes Inc., reported it lost $85.7 million during the first quarter of 2007 amid slumping closings on new homes and a massive inventory. http://money.cnn.com/2007/04/18/news/companies/pulte/ http://money.cnn.com/2007/04/18/news/companies/pulte/ Tue, 08 May 2007 14:12:20 CDT In a sign of continuing problems in the housing market, builder Pulte Homes announced Wednesday that it was dramatically lowering its first-quarter results forecast. http://www.thestreet.com/_googlen/funds/realmoneyradiowrap/10349378.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA http://www.thestreet.com/_googlen/funds/realmoneyradiowrap/10349378.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA Tue, 08 May 2007 14:15:14 CDT Credit Suisse's Ivy Zelman downgrades Pulte.