(The following statement was released by the rating agency)
Dec 12 - On Friday, Dec. 19, 2008, at 11:00 a.m. Eastern time, please join James Fielding, Senior Director, and George Skoufis, Director, from Standard & Poor's Real Estate Companies group; and Thomas Nadramia, Director, from the Building Products group for a teleconference discussing recent performance trends and outlooks for U.S. homebuilders and building products companies. The topics will include:
-Macro trends that are impacting the homebuilders and building products industries, such as construction starts, home sales figures, and declining home prices;
-Challenges facing U.S. homebuilders and recent ratings actions in the sector; and
-Recent trends and rating actions in the building materials sector.
The discussion will be followed by an interactive question-and-answer session.
The related commentary article 'Industry Report Card: Recession Just Adds To Troubles For U.S. Homebuilders,' published Dec. 12, 2008, can be found on RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com.
Please note that Standard & Poor's offers all of its broadcast teleconference calls to all interested participants on a complimentary basis.
The call will begin promptly at the time indicated. Please call at least 15 minutes before the scheduled start of the call to complete the pre-call registration process.
Live Dial-in Numbers: US/All Others: 1-210-795-0624 UK: 44-20-7108-6390 Conference ID#: 7202778 Passcode: SANDP
Net Enhanced: This Conference call will allow participants to view a slide presentation by logging into www.mymeetings.com/nc/join. The conference name is PH7202778 Passcode is SANDP. To view the presentations, you must have either Netscape Navigator or Microsoft Internet Explorer version 4.x or later, and your computer must be java enabled.
Replays: Recorded replays of the call are made available about an hour after the call concludes and are available until Friday, Dec. 26, 2008. Replay number: 1-402-344-6861.
Streaming Audio: The call will also be available live in 'listen-only' mode at www.mymeetings.com, Under Participant, select join an event Conference ID#: 7202778 and Passcode: SANDP. The Streaming Audio playback is available at www.mymeetings.com/nc/join, Conference ID#: PH72027781, and Passcode: SANDP until Friday, Jan. 16, 2008. These features require listeners to have the Real Player(tm) software, sound card, and speakers.
If you have any questions about the conference call, please e-mail: eventsmarketing@standardandpoors.com.
Please send any address corrections via e-mail to eventsmarketing@standardandpoors.com.
Standard & Poor's uses web usage, billing, and contact data collected from you for billing and order fulfillment purposes, for new product development and occasionally to inform you about events, products or services from Standard & Poor's and The McGraw-Hill Companies. The information is processed and stored in the U.S. and the United Kingdom. If you would prefer not to have your information shared as outlined in this notice, or if you wish to review your information for accuracy, please contact us at mailto:seminars@standardandpoors.com. Written requests can be sent to: Privacy Official 47-3-4, Standard & Poor's, 55 Water Street, New York, NY 10041. For more information please visit our Privacy Notice at http://www.mcgraw-hill.com/privacy.html.
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research, and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com.
Primary Credit Analysts: James Fielding, New York (1) 212-438-2452;
james_fielding@standardandpoors.com
George Skoufis, New York (1) 212-438-2608;
george_skoufis@standardandpoors.com
Thomas Nadramia, New York (1) 212-438-3944;
thomas_nadramia@standardandpoors.com
(New York Ratings Team) (e-mail: pam.niimi@reuters.com; Reuters Messaging: pam.niimi.reuters.com@reuters.net; Tel:1-646-223-6330) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Dec 12 - On Friday, Dec. 19, 2008, at 11:00 a.m. Eastern time, please join James Fielding, Senior Director, and George Skoufis, Director, from Standard & Poor's Real Estate Companies group; and Thomas Nadramia, Director, from the Building Products group for a teleconference discussing recent performance trends and outlooks for U.S. homebuilders and building products companies. The topics will include:
-Macro trends that are impacting the homebuilders and building products industries, such as construction starts, home sales figures, and declining home prices;
-Challenges facing U.S. homebuilders and recent ratings actions in the sector; and
-Recent trends and rating actions in the building materials sector.
The discussion will be followed by an interactive question-and-answer session.
The related commentary article 'Industry Report Card: Recession Just Adds To Troubles For U.S. Homebuilders,' published Dec. 12, 2008, can be found on RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com.
Please note that Standard & Poor's offers all of its broadcast teleconference calls to all interested participants on a complimentary basis.
The call will begin promptly at the time indicated. Please call at least 15 minutes before the scheduled start of the call to complete the pre-call registration process.
Live Dial-in Numbers: US/All Others: 1-210-795-0624 UK: 44-20-7108-6390 Conference ID#: 7202778 Passcode: SANDP
Net Enhanced: This Conference call will allow participants to view a slide presentation by logging into www.mymeetings.com/nc/join. The conference name is PH7202778 Passcode is SANDP. To view the presentations, you must have either Netscape Navigator or Microsoft Internet Explorer version 4.x or later, and your computer must be java enabled.
Replays: Recorded replays of the call are made available about an hour after the call concludes and are available until Friday, Dec. 26, 2008. Replay number: 1-402-344-6861.
Streaming Audio: The call will also be available live in 'listen-only' mode at www.mymeetings.com, Under Participant, select join an event Conference ID#: 7202778 and Passcode: SANDP. The Streaming Audio playback is available at www.mymeetings.com/nc/join, Conference ID#: PH72027781, and Passcode: SANDP until Friday, Jan. 16, 2008. These features require listeners to have the Real Player(tm) software, sound card, and speakers.
If you have any questions about the conference call, please e-mail: eventsmarketing@standardandpoors.com.
Please send any address corrections via e-mail to eventsmarketing@standardandpoors.com.
Standard & Poor's uses web usage, billing, and contact data collected from you for billing and order fulfillment purposes, for new product development and occasionally to inform you about events, products or services from Standard & Poor's and The McGraw-Hill Companies. The information is processed and stored in the U.S. and the United Kingdom. If you would prefer not to have your information shared as outlined in this notice, or if you wish to review your information for accuracy, please contact us at mailto:seminars@standardandpoors.com. Written requests can be sent to: Privacy Official 47-3-4, Standard & Poor's, 55 Water Street, New York, NY 10041. For more information please visit our Privacy Notice at http://www.mcgraw-hill.com/privacy.html.
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research, and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com.
Primary Credit Analysts: James Fielding, New York (1) 212-438-2452;
james_fielding@standardandpoors.com
George Skoufis, New York (1) 212-438-2608;
george_skoufis@standardandpoors.com
Thomas Nadramia, New York (1) 212-438-3944;
thomas_nadramia@standardandpoors.com
(New York Ratings Team) (e-mail: pam.niimi@reuters.com; Reuters Messaging: pam.niimi.reuters.com@reuters.net; Tel:1-646-223-6330) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.