Lennar Corp (LEN.N)
U.S. luxury homebuilder Toll Brothers Inc's second-quarter profit missed Wall Street estimates on Tuesday, as delayed closings in California and rising costs put pressure on its adjusted gross margins, sending its shares down 7.1 percent.
* Shares fall more than 7 pct (Adds conference call details, revenue forecast, share movement)
May 9 Amazon.com struck a deal with Sears Holdings Corp to provide tire services, boosting traffic at the ailing department store and extending the online retailer's growing stable of alliances with brick-and-mortar companies.
PulteGroup Inc joined bigger rival Lennar Corp in raising its home sales forecast for the year, underscoring homebuyers' optimism around an improving economy despite rising interest rates.
* Sees FY deliveries of 22,500 to 23,500 homes (Adds details from conference call, shares)
U.S. homebuilder Lennar Corp on Thursday said longtime Chief Executive Officer Stuart Miller will become executive chairman and will be replaced by current President Rick Beckwitt.
April 12 U.S. homebuilder Lennar Corp on Thursday said longtime Chief Executive Officer Stuart Miller will become executive chairman and will be replaced by current President Rick Beckwitt.
April 12 Lennar Corp on Thursday said its longtime Chief Executive Officer Stuart Miller will become executive chairman and will be replaced by current President Rick Beckwitt.
* BOARD HAS ELECTED STUART MILLER, RICK BECKWITT, JON JAFFE, BRUCE GROSS AND DIANE BESSETTE TO NEW EXECUTIVE POSITIONS WITH COMPANY
Lennar Corp on Wednesday signaled confidence in housing demand ahead of the crucial spring selling season by raising the number of homes it expects to sell in fiscal 2018, sending the No.2 U.S. homebuilder's shares as much as 9.6 percent.
|PulteGroup, Inc. (PHM.N)||$30.17||+0.16|
|D. R. Horton Inc (DHI.N)||$41.82||+0.27|
|NVR, Inc. (NVR.N)||$2,981.08||-10.94|
|Toll Brothers Inc (TOL.N)||$40.40||+0.49|
|KB Home (KBH.N)||$26.20||-0.07|
|Hovnanian Enterprises, Inc. (HOV.N)||$1.87||-0.01|
|Hovnanian Enterprises, Inc. (HOVVB.PK)||$1.75||--|
|Ryland Group Inc (RYL.N)||--||--|
|CalAtlantic Group Inc (CAA.N)||--||--|
|M.D.C. Holdings, Inc. (MDC.N)||$30.92||+0.13|