If one homebuilder files for chapter 11 look for the DOW to break 13,000......
watch BZH, going to get interesting.
Troubled home builder Beazer Homes (BZH - Cramer's Take - Stockpickr - Rating) said late Friday that it would delay the filing of its June quarterly report with the Securities and Exchange Commission because of issues related to how its former chief accounting officer recorded "reserves and other accrued liabilities" related to land-development costs and costs to complete houses.
watch BZH, going to get interesting.
Troubled home builder Beazer Homes (BZH - Cramer's Take - Stockpickr - Rating) said late Friday that it would delay the filing of its June quarterly report with the Securities and Exchange Commission because of issues related to how its former chief accounting officer recorded "reserves and other accrued liabilities" related to land-development costs and costs to complete houses.