Tag Archives: bad-request

Building Products Industry Enjoys The Housing Upswing

Construction, housing and home repair and remodeling are on the upswing. Housing starts for July came in at a seasonally adjusted annual rate of 1.206 million units, a 10.1% increase from a year earlier. That’s still well below the torrid 2 million-plus pace of 2006 and 2007, when the housing boom was in full swing. Sales of existing homes surged to the fastest pace since 2009 in May. First-time homebuyers represented 32% of the total, the best

Twitter Facing A ‘Take Out’ As Stock Price Falls?

Twitter (TWTR) stock slid beneath its IPO price for a third straight trading day on Monday, a development making a purchase of the microblog service likelier, said a merger and acquisition advisory firm on Monday. “At $25 a share, Twitter would be worth materially more to a larger business that can accelerate its product and feature innovation,” wrote Magister Advisors partner Victor Basta in an industry research note. “An acquisition, in the

Macy’s begins stocking Fitbit devices nationwide

Fitbit (FIT) is expanding the retail distribution of its activity trackers by adding Macy’s (M) stores to its lineup. Macy’s is rolling out Fitbit devices to its stores nationwide, Piper Jaffray analyst Erinn Murphy said in a report Monday. The distribution arrangement with Macy’s is a “significant catalyst near term” for Fitbit in the fall and holiday shopping seasons, Murphy said. Fitbit will be in about 650 Macy’s stores before the holidays,