Standard Pacific sees positive Q4 results
Irvine, Calif.-based Standard Pacific has reported fourth-quarter net income of $15.3 million, compared with a net loss of $21.9 million in the prior-year quarter. Home-building revenues increased 38% to $293.2 million in the fourth quarter, compared with $212.4 million in the fourth quarter of 2010. This increase was driven by a 26% increase in new home deliveries to 782 homes.
Net new orders for the quarter ended Dec. 31, 2011, totaled 615, up 44% compared with the fourth quarter of 2010.
For the full year of 2011, the company posted a net loss of $16.4 million, compared with a net loss of $11.7 million in 2010. Home-building revenues for the year totaled $883.0 million, down 3.2% from $912.4 million for the full year of 2010.
"I am pleased with the results for the quarter,” said CEO and president Scott Stowell. “Our strategic focus on growing community count in the move-up segment, our continued dedication to quality home design, and our commitment to creating a superior customer experience have all contributed to our solid fourth-quarter results.
"While we believe the home-building industry will face ongoing headwinds throughout 2012, I am confident that with our focus on execution at every level of our organization we will continue to drive improved profitability despite these challenging market conditions."
This article has some great
This article has some great and useful information about this subject. Thank you for sharing it in an easy to read and understandable format. http://www.bestbirthdaywishes.com/birthday-wishes/happy-birthday-to-my-dear-friend-card/
Estetik cerrahi vücudun
Estetik cerrahi vücudun birçok bölgesinde gerçekleştirilebilir, örneğin yüz, göğüs ve karın. tamponsuz burun estetiği Günümüzde estetik ameliyat olmak utanılacak bir şey değildir. Aksine hem tıp alanında oluşan gelişmeler, hem de tüm dünyada insanların yaşam standartlarının yükselmesine bağlı olarak güzellik kavramının estetik cerrahi plastik cerrahi içinde bir yan daldır. plastik cerrahi , Estetik cerrahi vücut imajının daha güzel ve mükemmele ulaştırılmasını sağlamak için yapılan ameliyat ve girişimlerle uğraşır. Burada tıbbi bir problemden çok estetik problemler söz konusudur.
The Standard defines green
The Standard defines green building for single- and multifamily homes, residential remodeling projects, and site development projects while still allowing for the flexibility required for regionally appropriate best green practices. Vancouver water damage
I am confident that with our
I am confident that with our focus on execution at every level of our organization we will continue to drive improved profitability despite these challenging market conditions. Water Damage Creedmoor NC
SFI seeks proposals for conservation partnerships
The Washington, D.C.-based Sustainable Forestry Initiative (SFI) forest certification program is inviting applications for its Conservation and Community Partnerships Grants program.
The program is now in its third year and continues to support research and outreach on responsible forestry.
“SFI Inc. has invested over $1.1 million in 24 projects since 2010,” SFI President and CEO Kathy Abusow said. “With the help of the over 125 partners involved, the SFI Conservation and Community Grant Program has directly supported activities and community events which improve forest management activities and engage the younger generation in responsible forestry.”
The SFI 2010-2014 Standard is based on 14 core principles that promote sustainable forest management, including measures to protect water quality, biodiversity, wildlife habitat, species at risk, and Forests with Exceptional Conservation Value, and encourages community involvement. The SFI program is the only forest certification standard in North America that requires participants to support and engage in research activities to improve forestry forest health, productivity and sustainable management of forest resources.
The complete 2012 RFP and the latest information about the SFI Conservation and Community Partnerships Grant program are posted here.
No comments found
More cities join NAHB’s list of improving markets
The list of housing markets continued to show improvement, according to a measurement by the National Association of Home Builders (NAHB), which expanded its “Improving Markets Index” to nearly 100 metro regions in February 2012. A total of 29 markets were added, bringing the total to 98 entries on the National Association of Home Builders/First American Improving Markets Index (IMI). Thirty-six states are now represented by at least one market on the list.
The index identifies metropolitan areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. The February index adds some metropolitan areas that have been particularly weak; this is due to the fact that the IMI measures improvement from a bottom, and some of the hardest hit markets are showing signs of coming off of extreme lows. Keeping this in mind, notable new entrants to list in February include Miami; Boston; Detroit; Kansas City, Mo.; Portland, Ore.; Memphis, Tenn.; and Salt Lake City.
"While relatively small metropolitan areas continue to dominate the list of improving housing markets, it’s important to note that several major metros in diverse parts of the country have now joined the field as well, including such metros as Dallas, Denver, Honolulu, Indianapolis, Nashville and Philadelphia," said NAHB chief economist David Crowe. "This is an encouraging sign that gradually strengthening economic conditions are starting to take hold across a broader swath of America."
No comments found