Real Estate
  • New home sales fall, but private sector expands

    New home sales fall, but private sector expands

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - Sales of new U.S. single-family homes fell more than expected in December, but lean inventories and steady price gains suggested the housing market recovery remained intact...

  • AT&T rules out Vodafone bid for now

    AT&T rules out Vodafone bid for now

    By Kate Holton and Sophie Sassard, Reuters

    LONDON (Reuters) - AT&T on Monday ruled out a bid for Britain's Vodafone after Britain's takeover watchdog asked the U.S. phone company to clarify its position following reports that it had...

  • Emerging markets lift P&G second-qaurter sales, crimp gross margin

    Emerging markets lift P&G second-qaurter sales, crimp gross margin

    By Phil Wahba, Reuters

    (Reuters) - Procter & Gamble Co, the world's largest household products maker, reported a dip in quarterly profit on Friday as its push in emerging markets led to a lower gross profit margin...

  • Homes sales snap losing streak, jobless claims rise

    Homes sales snap losing streak, jobless claims rise

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. home resales rose in December after three straight months of declines, showing some resilience in the housing market recovery despite higher mortgage rates. While other...

  • SEC judge bars "Big Four" China units for six months over audits

    SEC judge bars "Big Four" China units for six months over audits

    By Sarah N. Lynch, Reuters

    WASHINGTON (Reuters) - Chinese units of the global "Big Four" accounting firms should be suspended from auditing U.S.-listed companies for six months, a judge in the United States ruled, in an...