Beazer Homes USA (BZH)

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Beazer Homes USA Inc. News Release

A Collection of Beazer Homes USA Inc. News Release

Elizabeth S. Acton Named to the Board of Directors of Beazer Homes USA, Inc.
Thursday May 10th 2012 07:00:05 AM

ATLANTA--(BUSINESS WIRE)--May. 10, 2012-- Today, Beazer Homes USA, Inc. (NYSE: BZH) announced that Elizabeth S. Acton has been elected to its Board of Directors effective immediately. Ms. Acton, who brings considerable expertise and over 35 years of experience in financial management, will also serve on the Board of Directors’ Finance and Audit Committees. As Executive Vice President and Chief Financial Officer of Comerica Inc. since 2002, Ms. Acton was instrumental in successfully guiding Comerica through the deepest recession in recent history, enabling the bank to maintain its credit rating throughout the downturn....

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Beazer Homes to Present at the 2012 J.P. Morgan Homebuilding and Building Products Conference on May 16, 2012
Wednesday May 9th 2012 07:00:28 AM

ATLANTA--(BUSINESS WIRE)--May. 9, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) will present at the J.P. Morgan Homebuilding and Building Products Conference in New York, NY on Wednesday May 16, 2012 at 12:30 pm EDT. A live audio webcast and subsequent replay of the discussion will be available on Beazer Homes’ website, www.beazer.com. Beazer Homes USA Inc., headquartered in Atlanta, Georgia, is one of the ten largest single-family homebuilders in the United States. The Company’s industry-leading high performance homes are designed to lower the total cost of home ownership while reducing energy an...

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Beazer Announces Launch of Pre-Owned Rental Homes Business
Thursday May 3rd 2012 11:02:06 AM

ATLANTA--(BUSINESS WIRE)--May. 3, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) (the “Company”) today announced the contribution of its pre-owned rental homes business, consisting of nearly 200 single-family homes in Phoenix and Las Vegas, to a newly formed real estate investment trust (“REIT”). The REIT, which will be named Beazer Pre-Owned Rental Homes, Inc. (“BPRH”), was founded by the Company and includes an investor group led and arranged by affiliates of Kohlberg Kravis Roberts & Co. BPRH was organized to acquire, refurbish and lease recently-constructed, previously-owned single-family homes on a large ...

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Beazer Homes Reports Second Quarter Fiscal 2012 Results
Wednesday May 2nd 2012 06:30:44 AM

ATLANTA--(BUSINESS WIRE)--May. 2, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced its financial results for the quarter ended March 31, 2012. “I was very pleased with our second quarter results,” said Allan Merrill, CEO of Beazer Homes. “We generated significant year-over-year increases in new home orders and home closings, reflecting both the initial operational benefits of our path-to-profitability strategies and gradually improving conditions in the housing market. We remain hopeful, but cautious, about the prospects for a sustained market recovery, as a number of factors continue ...

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Beazer Homes USA, Inc. to Webcast Its Second Quarter Fiscal 2012 Financial Results Conference Call on May 2, 2012
Thursday April 19th 2012 07:03:27 AM

ATLANTA, Apr 19, 2012 (BUSINESS WIRE) --Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) has scheduled the release of its financial results for the quarter ended March 31, 2012 on Wednesday May 2, 2012 before the open of the market. The Company will hold a conference call on the same day at 10:00 AM ET to discuss the results. The public may listen to the conference call and view the Company's slide presentation over the internet on the "Investor Relations" page of the Company's website, www.beazer.com. In addition, the conference call will be available by telephone at 800-619-8639 (for international callers, dial 312-470-7...

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Beazer Homes USA, Inc. Announces Results of Exchange Offers
Tuesday March 13th 2012 09:13:31 AM

ATLANTA--(BUSINESS WIRE)--Mar. 13, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) announced today the results of its previously initiated offers to exchange shares of its common stock for (i) any and all of its 7.50% Mandatory Convertible Subordinated Notes due 2013 (the “Notes”) and (ii) any and all of its 7.25% Tangible Equity Units (the “Units”). Note holders tendered approximately $48.1 million aggregate principal amount of Notes, or approximately 84% of the principal amount of the outstanding Notes, in exchange for approximately 11.0 million shares of common stock (subject to increase due to the rounding up of fractio...

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Beazer Homes USA, Inc. Announces Amendment to Exchange Offers
Tuesday February 28th 2012 05:14:24 PM

ATLANTA--(BUSINESS WIRE)--Feb. 28, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) announced today that it has amended the terms of its previously announced exchange offers for (i) any and all of its 7.50% Mandatory Convertible Subordinated Notes due 2013 (the “Notes”) and (ii) any and all of its 7.25% Tangible Equity Units (the “Units” and, together with the Notes, the “Subject Securities”). The terms of each exchange offer are being amended to provide that holders of Subject Securities will not receive cash in lieu of fractional shares in the offer. Instead, in the event that an exchange yields a fractional share, in lieu of such...

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Beazer Homes to Present at the 2012 J.P. Morgan Global High Yield & Leveraged Finance Conference on February 28, 2012
Tuesday February 21st 2012 07:30:49 AM

ATLANTA--(BUSINESS WIRE)--Feb. 21, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) will present at the J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami, FL on Tuesday February 28, 2012 at 8:20 am EST. A live audio webcast and subsequent replay of the discussion will be available on Beazer Homes’ website, www.beazer.com. Beazer Homes USA Inc., headquartered in Atlanta, Georgia, is one of the ten largest single-family homebuilders in the United States. The Company’s industry-leading high performance homes are designed to lower the total cost of home ownership while reducing en...

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Beazer Homes USA, Inc. Announces Exchange Offers
Monday February 13th 2012 08:49:01 AM

ATLANTA--(BUSINESS WIRE)--Feb. 13, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced that it has commenced separate exchange offers for (i) any and all of its 7.50% Mandatory Convertible Subordinated Notes due 2013 (the “Notes”) and (ii) any and all of its 7.25% Tangible Equity Units (the “Units” and, together with the Notes, the “Subject Securities”). Under the terms of the offers, the Company will exchange the Subject Securities for newly issued shares of its common stock and cash in lieu of fractional shares. These exchange offers are intended to reduce indebtedness and lower interest expense. ...

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Beazer Homes Reports First Quarter Fiscal 2012 Results
Thursday February 2nd 2012 06:30:27 AM

ATLANTA--(BUSINESS WIRE)--Feb. 2, 2012-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced its financial results for the quarter ended December 31, 2011. “I am pleased with our results for the quarter,” said Allan Merrill, President and Chief Executive Officer of Beazer Homes. “In spite of still challenging market conditions, our team managed to generate a 36% improvement in year-over-year new home orders while reducing overhead costs in dollar and percentage terms. While we have a lot of work in front of us to return to sustainable profitability, we are committed to delivering higher orders a...

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