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Fitch Teleconference: Will U.S. Homebuilders Coast or Crash in 2007? Today 11AM.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Despite the current slowdown in the U.S. housing markets, U.S. homebuilders are fairly well-prepared to withstand further housing declines, though some companies may be at an increased risk for rating downgrades should the economy flatten in 2007, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
, who will be hosting a conference call this morning at 11:00 a.m. ET.

Fitch Managing Director and lead homebuilding analyst Robert Curran Robert Franklin Curran (February 10, 1883—1958) was a politician in Manitoba, Canada. He served in the Legislative Assembly of Manitoba from 1927 to 1936.

Curran was born in Emerson, Manitoba, and was educated at public schools in the region.
 will be discussing the overall health and emerging trends within the homebuilding sector going into next year, with a Q&A session immediately to follow.

Following are the details of the teleconference:

-- Friday Dec. 8, 2006; 11:00 a.m. ET

-- Conference ID: 4008234

-- U.S./Canada: +1-877-241-2557

-- International: +1-706-643-7396

-- Call Leader: Robert Curran

Replay Information:

-- Replay Dates: Dec, 8, 2006, 12:00 p.m. ET - Dec. 15, 2006 at 11:59 p.m. ET

-- U.S./Canada: +1-800-642-1687

-- International: +1-706-645-9291

-- Replay ID: 4008234

The call coincides with the release of Fitch's report 'U.S. Homebuilding 2007 Outlook: Housing Downturn Continues, Major Homebuilders Contract Their Operations', which is available on the Fitch Ratings web site at www.fitchratings.com.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 8, 2006
Words:251
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