Warren Buffett's Berkshire Hathaway in Talks Purchase Hovnanian?

Shares of Hovnanian, New Jersey's largest builder, rose $1.98, or 12 percent on speculation that Berkshire Hathaway would purchase a major stake in the company. Neither party would comment on the rumor, but home builder stocks were up across the board, out of hope that a Buffett purchase of a major builder would mark the bottom of home builder stock valuations. Stay tuned...