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  • Midday Glance: Homebuilders companies Thursday, 15 Jan 2015 | 1:59 PM ET

    DR Horton fell $1.79 or 7.1 percent, to $23.35. Hovnanian Enterprises Inc. fell$. 32 or 8.3 percent, to $3.49. Lennar Corp. fell $2.75 or 6.0 percent, to $43.01.

  • UPDATE 3-Lennar to Houston: We have a problem Thursday, 15 Jan 2015 | 1:33 PM ET

    Jan 15- Lennar Corp, the second-largest U.S. homebuilder by the number of homes sold, said it expects 2015 margins to be squeezed as falling oil prices hurt demand in Houston, a city heavily dependent on the energy sector. The warning overshadowed a 50 percent jump in quarterly profit and pushed Lennar's shares down as much as 9 percent. Houston accounted for about...

  • Jan 15- Lennar Corp, the second-largest U.S. homebuilder by the number of homes sold, reported its first fall in quarterly margins in three years and forecast a further drop in 2015 as costs rise. The warning overshadowed a 50 percent jump in quarterly profit and pushed Lennar's shares down as much as 4.3 percent in morning trading on Thursday.

  • Early Glance: Construction companies Thursday, 15 Jan 2015 | 11:00 AM ET

    Quanta Services Inc. rose$. 14 or. 5 percent, to $26.48.

  • Early Glance: Homebuilders companies Thursday, 15 Jan 2015 | 11:00 AM ET

    DR Horton fell $1.02 or 4.1 percent, to $24.12. Hovnanian Enterprises Inc. fell$. 11 or 2.9 percent, to $3.69. Lennar Corp. fell $1.24 or 2.7 percent, to $44.52.

  • Lennar profit beats on strong home sales Thursday, 15 Jan 2015 | 7:51 AM ET
    A sign advertising available homes is posted at a housing development in Dublin, California.

    Lennar reported a better-than-expected 50 percent jump in quarterly profit as it sold more homes at higher prices.

  • Jan 15- Lennar Corp, the second largest U.S. homebuilder, reported a better-than-expected 50 percent jump in quarterly profit as it sold more homes at higher prices. Lennar's shares rose 1.6 percent to $46.49 in premarket trading on Thursday. Net income attributable to Lennar rose to $245.3 million, or $1.07 per share, from $164.1 million, or 73 cents per share, a...

  • Lennar profit rises 50 pct on higher home sales Thursday, 15 Jan 2015 | 6:13 AM ET

    Jan 15- U.S. homebuilder Lennar Corp reported a 50 percent rise in quarterly profit as it sold more homes at higher prices, and said orders rose 22 percent. Net income attributable to Lennar rose to $245.3 million for the fourth quarter ended Nov. 30, or $1.07 per share, from $164.1 million, or 73 cents per share, a year earlier. Total revenue rose about 35 percent to $2.58...

  • Lennar 4Q results top Street as it delivers more homes Thursday, 15 Jan 2015 | 6:08 AM ET

    MIAMI— Lennar's fiscal fourth-quarter profit rose 52 percent as it delivered more homes at higher prices. The homebuilder earned $245.3 million, or $1.07 per share, easily topping the 97 cents that Wall Street was looking for, pulling in well above the $164.1 million, or 73 cents per share, from a year earlier. Lennar Corp. posted revenue of $2.58 billion, also...

  • Final Glance: Construction companies Wednesday, 14 Jan 2015 | 6:07 PM ET

    NEW YORK— Shares of some top construction companies were down at the close of trading:. Fluor fell $1.62 or 2.9 percent, to $54.01. Quanta Services Inc. fell$. 13 or. 5 percent, to $26.34.

  • Final Glance: Homebuilders companies Wednesday, 14 Jan 2015 | 6:07 PM ET

    DR Horton rose$. 32 or 1.3 percent, to $25.14. Hovnanian Enterprises Inc. fell$. 13 or 3.3 percent, to $3.80. Lennar Corp. fell$. 52 or 1.1 percent, to $45.76.

  • Midday Glance: Construction companies Wednesday, 14 Jan 2015 | 1:43 PM ET

    NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Fluor fell $2.32 or 4.2 percent, to $53.31. Quanta Services Inc. fell$. 50 or 1.9 percent, to $25.97.

  • Midday Glance: Homebuilders companies Wednesday, 14 Jan 2015 | 1:43 PM ET

    DR Horton fell$. 32 or 1.3 percent, to $24.50. Hovnanian Enterprises Inc. fell$. 12 or 3.1 percent, to $3.81. Pulte Homes Inc. fell$. 12 or. 5 percent, to $22.01.

  • MEXICO CITY, Jan 14- China Railway Construction Corp looks poised to clinch a contract to build a $3.75 billion Mexican high-speed train system even after its original winning bid was revoked when it became engulfed in a political scandal, say sources with knowledge of the bidding. Mexico on Wednesday revealed fresh preliminary bid terms for the tainted train...

  • Early Glance: Construction companies Wednesday, 14 Jan 2015 | 10:41 AM ET

    NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Fluor fell $1.75 or 3.1 percent, to $53.89. Quanta Services Inc. fell$. 22 or. 8 percent, to $26.25.

  • Early Glance: Homebuilders companies Wednesday, 14 Jan 2015 | 10:41 AM ET

    DR Horton rose$. 10 or. 4 percent, to $24.92. Hovnanian Enterprises Inc. rose$. 05 or 1.3 percent, to $3.98. Lennar Corp. fell$. 30 or. 6 percent, to $45.98.

  • Minot denies loan, pushes parking contractor for schedule Wednesday, 14 Jan 2015 | 8:57 AM ET

    MINOT, N.D.— The Minot City Council has rejected a request for a $1.2 million loan from the developers of two downtown parking ramps and instead given the prime contractor a week to submit a revised cost and construction schedule for the troubled project. The project has remained stalled as Cypress Development works to get more financing for a project that...

  • Office decisions threaten to delay Capitol makeover Wednesday, 14 Jan 2015 | 5:01 AM ET

    ST. PAUL, Minn.— A grand makeover of Minnesota's Capitol could face costly delays over a territorial dispute, which centers on whose offices wind up where when construction crews finish the job in 2017.. Mark Dayton said he and other Capitol tenants— the House, Senate, judiciary and attorney general's office— hadn't reached a deal on space allocation despite...

  • Final Glance: Homebuilders companies Tuesday, 13 Jan 2015 | 6:15 PM ET

    DR Horton fell $1.26 or 4.8 percent, to $24.82. Hovnanian Enterprises Inc. fell$. 15 or 3.7 percent, to $3.93. Lennar Corp. fell$. 79 or 1.7 percent, to $46.28.

  • Final Glance: Construction companies Tuesday, 13 Jan 2015 | 6:15 PM ET

    NEW YORK— Shares of some top construction companies were down at the close of trading:. Fluor fell$. 55 or 1.0 percent, to $55.63. Quanta Services Inc. fell$. 21 or. 8 percent, to $26.47.