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William Lyon Homes (WLH.N)

WLH.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

William Lyon Homes posts Q2 earnings of $0.38/share
Friday, 5 Aug 2016 07:09am EDT 

William Lyon Homes: William Lyon Homes reports second quarter 2016 results . Qtrly earnings per share $0.38 . Qtrly revenue $325.7 million versus $254.7 million . Q2 earnings per share view $0.36, revenue view $297.6 million -- Thomson Reuters I/B/E/S . Qtrly dollar value of homes in backlog of $575.5 million, up 22% . Qtrly home sales revenue of $325.1 million, up 31% . Qtrly new home deliveries of 663 homes, up 20% . Qtrly home sales revenue of $325.1 million, up 31% . Qtrly net new home orders of 871, up 3% .Units in backlog of 1,093 at quarter end, up 13%.  Full Article

William Lyon Homes reports Q1 earnings $0.24/shr
Monday, 9 May 2016 06:51am EDT 

William Lyon Homes : William Lyon homes reports first quarter 2016 results . Qtrly new home deliveries of 543 homes, up 40 pct . Qtrly home sales revenue of $261.3 million, up 38 pct . Qtrly net new home orders of 689, up 17 pct . Qtrly dollar value of orders of $334.5 million, up 25 pct . Qtrly dollar value of homes in backlog of $471.7 million, up 41 pct . Qtrly average sales price of new homes delivered of $481,200 . Qtrly net income $0.24 per diluted share . Q1 earnings per share view $0.20, revenue view $237.3 million -- Thomson Reuters I/B/E/S .Q1 revenue $264.4 million versus I/B/E/S view $237.3 million.  Full Article

William Lyon Homes announces board and management leadership transition
Tuesday, 22 Mar 2016 06:55am EDT 

William Lyon Homes:Announces board and management leadership transition.Matthew R. Zaist to serve as President and Chief Executive Officer.Says William H. Lyon to serve as Chairman of the board and Executive Chairman.Says William Lyon to serve as Chairman of the board, effective immediately, succeeding his father, general William Lyon.Says effective as of the same date, the board elected general Lyon to the newly created position of chairman emeritus.  Full Article

William Lyon Homes announces promotion of Matthew Zaist to Co-CEO
Wednesday, 22 Jul 2015 04:22pm EDT 

William Lyon Homes:Announces Promotion of Matthew R. Zaist, currently the Company's President and Chief Operating Officer, as its Co-Chief Executive Officer effective immediately.  Full Article

William Lyon Homes announces pricing of public offering of tangible equity units
Tuesday, 18 Nov 2014 06:00am EST 

William Lyon Homes:Says the pricing on Nov. 17 of an underwritten public offering of 1 mln 6.50 pct tangible equity units, each with a stated value of $100.00, which will result in net proceeds to the company of about $97.0 million.The underwriters have an option to purchase, within the 13-day period beginning on and including the date of the initial closing of the offering, up to an additional 150,000 units from the company.The offering is expected to close on Nov. 21.The company intends to use all of the net proceeds from this offering to pay down outstanding debt under the company's $120.0 million unsecured loan facility, which was borrowed to pay a portion of the purchase price for the company's acquisition of Polygon Northwest Homes.J.P. Morgan, Citigroup and Credit Suisse are serving as the joint book-running managers for the offering, and Oppenheimer & Co. is serving as co-manager.  Full Article

William Lyon Homes proposes public offering
Monday, 17 Nov 2014 07:00am EST 

William Lyon Homes:Intends to offer one mln Tangible Equity Units each with a stated value of $100.00, in an underwritten public offering.In addition, the company intends to grant the underwriters an option to purchase, within the 13-day period beginning on and including the date of the initial closing of the offering, up to an additional 150,000 Units.Each Unit will consist of a prepaid stock purchase contract and an amortizing note.Unless earlier settled, each stock purchase contract will automatically settle on Dec. 1, 2017 for shares of the company's Class A Common Stock.The amortizing notes will be unsecured senior subordinated obligations of the company, will pay proportionally equal quarterly installments that will constitute a payment of interest and a partial repayment of principal and will have a final installment payment date of Dec. 1, 2017.It intends to use all of the net proceeds from this offering to pay down outstanding debt under the company's $120.0 million unsecured loan facility, which was borrowed to pay a portion of the purchase price for the company's acquisition of Polygon Northwest Homes.J.P. Morgan, Citigroup and Credit Suisse are serving as the joint book-running managers for the offering, and Oppenheimer & Co. is serving as co-manager.  Full Article

BRIEF-William Lyon Homes posts Q2 earnings of $0.38/share

* Q2 earnings per share view $0.36, revenue view $297.6 million -- Thomson Reuters I/B/E/S