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JPMorgan Downgrades Pulte Home

Tuesday, 30 Apr 2013 | 12:15 PM ET

Cummins' Q1 earnings data fell short of analyst estimates, with the FMHR traders; and the Case-Shiller report showed home prices posted their best gains in 7 years. Michael Rehaut, JPMorgan discusses why he downgraded Pulte Home today.