1. QUOTE from:
    Standard & Poor’s boosts NVR rating
    View quote in context »
    NVR’s rating had been hovering just above junk status at BBB- before Friday’s upgrade. "The upgrade acknowledges NVR’s above-average performance through a deep and protracted housing downturn relative to peers, due to its more flexible, less capital-intensive land strategy and modest leverage ... NVR has remained profitable through the downturn, maintained strong credit metrics, and generated strong cash flow to enhance its liquidity." Moody’s Investor s Service upgraded its ratings on NVR in late-August, the first homebuilder to have a ratings upgrade since 2006. Full Article at Washington Business Journal
    The upgrade acknowledges NVR’s above-average performance through a deep and protracted housing downturn relative to peers, due to its more flexible, less capital-intensive land strategy and modest leverage ... NVR has remained profitable through the downturn, maintained strong credit metrics, and generated strong cash flow to enhance its liquidity.
    SOURCE: Washington Business Journal 1 month ago

Recent Photos From The Wire

  1. PORT ELIZABETH, SOUTH AFRICA - NOVEMBER 29: Kevin Pietersen of England walks off after his dismissal during the 4th One Day International match between South Africa and England at St Georges Park on November 29, 2009 in Port Elizabeth, South Africa.
  2. Norway's Petter Northug celebrates after winning the men's 15 km World Cup cross country event at Ruka ski resort near the town of Kuusamo November 29, 2009.
  3. BSC Young Boys' (YB) Marco Schneuwly (2nd R) celebrates with Xavier Hochstrasser (R) and David Degen after scoring a goal against FC Basel (FCB) during their Swiss Super League soccer match in Bern November 29, 2009.
  4. BSC Young Boys' (YB) Marco Schneuwly (L) celebrates with Xavier Hochstrasser after scoring a goal against FC Basel (FCB) during their Swiss Super League soccer match in Bern November 29, 2009.
  5. Norway's Petter Northug (C) is helped by his coaches after winning the men's 15 km World Cup cross country event at Ruka ski resort near the town of Kuusamo November 29, 2009.
  6. HAMBURG, GERMANY - NOVEMBER 29: Max Kruse of St. Pauli celebrates after he scores his team's third goal during the Second Bundesliga match between FC St. Pauli and Union Berlin at the Millerntor Stadium on November 29, 2009 in Hamburg, Germany.
  7. HAMBURG, GERMANY - NOVEMBER 29: Dennis Daube (R) of St. Pauli and Torsten Mattuschka (L) of Berlin battle for the ball during the Second Bundesliga match between FC St. Pauli and Union Berlin at the Millerntor Stadium on November 29, 2009 in Hamburg, Germany.
  8. European Commission President Jose Manuel Barroso gestures during a news conference ahead of the China-EU summit in Nanjing, Jiangsu province, November 29, 2009.
  9. HAMBURG, GERMANY - NOVEMBER 29: Uwe Neuhaus, head coach of Berlin looks dejected during the Second Bundesliga match between FC St. Pauli and Union Berlin at the Millerntor Stadium on November 29, 2009 in Hamburg, Germany.
  10. Argentina's President Cristina Kirchner arrives, to attend the Ibero American summit, at Lisbon airport November 29, 2009.
  11. HAMBURG, GERMANY - NOVEMBER 29: Max Kruse of St. Pauli celebrates after he scores his team's third goal during the Second Bundesliga match between FC St. Pauli and Union Berlin at the Millerntor Stadium on November 29, 2009 in Hamburg, Germany.
  12. England's captain Andrew Strauss plays a shot from South Africa's bowler Wayne Parnell, unseen, during the fourth One-Day International cricket match at the St. George's Park in Port Elizabeth, South Africa, Sunday Nov. 29, 2009.
  13. KUUSAMO, FINLAND - NOVEMBER 29: Tim Hug of Switzerland in the Ski Jumping Gundersen event during day two of the FIS Nordic Combined World Cup on November 29, 2009 in Kuusamo, Finland.
  14. England's captain Andrew Strauss plays a shot during the fourth One-Day International cricket match against South Africa at the St. George's Park in Port Elizabeth, South Africa, Sunday Nov. 29, 2009.
  15. England's captain Andrew Strauss, left, makes a run as South Africa's bowler Morne Morkel, right, reacts during the fourth One-Day International cricket match at the St. George's Park in Port Elizabeth, South Africa, Sunday Nov. 29, 2009.
  16. England's batsman Kevin Pietersen, seen, as he leaves the crease after being dismissed by Africa's bowler Johan Botha, unseen, for 3 runs duck during the fourth One-Day International cricket match at the St. George's Park in Port Elizabeth, South Africa, Sunday Nov. 29, 2009.
  17. England's captain Andrew Strauss plays a shot from South Africa's bowler Wayne Parnell, unseen, during the fourth One-Day International cricket match at the St. George's Park in Port Elizabeth, South Africa, Sunday Nov. 29, 2009.
  18. Japanese challenger Koki Kameda, left, sends a left to compatriot champion Daisuke Naito in the 11th round of their WBC flyweight boxing bout in Saitama, near Tokyo, Japan, Sunday, Nov. 29, 2009. Kameda defeated Naito by a unanimous decision to win the title.