New Home Sales

BRAMPTON, ONTARIO--(Marketwire - Nov. 5, 2009) - (All amounts are stated in thousands of Canadian dollars, except per share amounts, unless otherwise indicated.) Brampton Brick Limited (the "Company") (TSX: BBL.A) today reported a loss of $77 or $0.01 per Class A Subordinate Voting share ("Class A share") and Class B Multiple Voting share ("Class B share"), for the third quarter ended September 30, 2009 on a weighted average 10,937,000 Class A shares and Class B shares outstanding. For the third quarter of 2008, net income was $2,499, or $0.23 per share, on a weighted average 10,952,000 Class A shares and Class B shares outstanding. For the nine month period ended September 30, 2009, the Company reported a loss of $9,578, or $0.88 per share, on a weighted average 10,937,000 Class A shares and Class B shares outstanding compared to net income of $1,433, or $0.13 per share, on a weighted average 10,925,000 Class ...

BRAMPTON, ONTARIO -- (MARKET WIRE) -- 11/05/09 -- (All amounts are stated in thousands of Canadian dollars, except per share amounts, unless otherwise indicated.) Brampton Brick Limited (the "Company") (TSX: BBL.A) today reported a loss of $77 or $0.01 per Class A Subordinate Voting share ("Class A share") and Class B Multiple Voting share ("Class B share"), for the third quarter ended September 30, 2009 on a weighted average 10,937,000 Class A shares and Class B shares outstanding. For the third quarter of 2008, net income was $2,499, or $0.23 per share, on a weighted average 10,952,000 Class A shares and Class B shares outstanding. For the nine month period ended September 30, 2009, the Company reported a loss of $9,578, or $0.88 per share, on a weighted average 10,937,000 Class A shares and Class B shares outstanding compared to net income of $1,433, or $0.13 per share, on a weighted ...

Here is a recap of the top news items from this week on Wall Street:

1. Investors were surprised with a better-than-expected Q3 GDP reading on Thursday of this week: a 3.5% rise, versus the consensus of a 3.2% rise. The Dow rallied sharply (200 points) on the news, but all these gains were given up on Friday as the dollar had a strong day.

2. The dollar continues to dominate investors trading decisions this week. As it has gone for the last few months, a strong dollar has meant ...

After weeks of economic data and earnings reports being adorned with the words "better than expected," it appears the tide has turned lately as the preface to the majority of data over the past couple weeks has been just the opposite. In other words, just about the time investors became convinced that the economy was indeed improving and that the letter best used to describe the rebound was a "V," the data turned punk; raising questions about the recovery, the holiday shopping season, and the outlook for earnings going forward.

After Tuesday's disappointing drop in Consumer Confidence, the bulls were looking to the report on New Home Sales to get the momentum moving back in their direction. However, this one also came in well below expectation as sales of new homes unexpectedly fell -3.6% in September, when analysts had expected to see an increase of +2.6%. Speaking of surprises, it ...

NEW YORK, Oct. 29 /PRNewswire/ -- The average conforming 30-year fixed mortgage rate inched higher to 5.35 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.37 discount and origination points. (Logo: http://www.newscom.com/cgi-bin/prnh/20040122/FLTHLOGO) The average 15-year fixed mortgage was also up slightly to 4.74 percent while the larger jumbo 30-year fixed rate sank to 6.40 percent. Adjustable rate mortgages were equally mixed, with the average 1-year ARM rising to 5.28 percent and the 5-year ARM falling to 4.64 percent. It was an up-and-down seven day period for mortgage rates, with rates initially rising as the government held another large debt auction. But strong reception to that auction, coupled with weakness in consumer confidence and new home sales, helped bring mortgage ...