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Lennar Corp (LEN)

LEN on New York Consolidated

51.98USD
24 May 2017
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$0.35 (+0.68%)
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Mon, May 22 2017

BRIEF-Lennar amended credit agreement governing its unsecured revolving credit facility

* Lennar Corp - on may 18, co amended credit agreement governing its unsecured revolving credit facility to increase maximum potential borrowings

Five Point Holdings rises 10 pct in debut

May 9 Shares of Five Point Holdings, a real-estate developer backed by No.2 U.S. homebuilder Lennar Corp, rose as much as 10 percent in their market debut on Wednesday.

BRIEF-Lennar reports one-time charge for litigation from 2008

* Lennar Corp - Recorded a litigation accrual which will result in Q1 net earnings being lower than $130.8 million, or $0.56 per diluted share

Lennar's gross margin slips as land, construction costs drag

Lennar Corp , the second-largest U.S. homebuilder, reported a drop in quarterly gross margin that overshadowed a higher-than-expected profit, as the company struggled with higher land and construction costs. | Video

BRIEF-Lennar reaffirms 2017 gross margin forecast

* "Year-end margin will still be right on top of our guidance" - CEO on conf call

UPDATE 2-Lennar's gross margin slips as land, construction costs drag

March 21 Lennar Corp, the second-largest U.S. homebuilder, reported a drop in quarterly gross margin that overshadowed a higher-than-expected profit, as the company struggled with higher land and construction costs.

Lennar revenue jumps 17.2 pct

March 21 U.S. homebuilder Lennar Corp reported a 17.2 percent jump in quarterly revenue as it sold more homes in a recovering housing market.

BRIEF-Lennar CEO Stuart Miller's total compensation $19.2 mln for 2016

* Lennar corp - ceo stuart miller's total compensation for 2016 was $19.2 million versus $17.9 million in 2015 - sec filing

BRIEF-Eminence Capital LP reports 5.2 pct passive stake in Lennar as of Jan 3, 2017

* Eminence Capital LP reports 5.2 percent passive stake in lennar corp as of january 3, 2017 - sec filing Source text (http://bit.ly/2jFYn8T) Further company coverage:

Lennar profit beats as housing market shows steady recovery

Lennar Corp , the No. 2 U.S. homebuilder, reported higher-than-expected quarterly profit and revenue and said the housing market continued to make a "slow and steady recovery."

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