The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
Some of Wednesday's midday movers:
*Earnings $0.73/ share vs $0.56 a year earlier. Dec 18- Lennar Corp, the No.3 U.S. homebuilder, reported a 13 percent jump in quarterly orders and the second-highest gross margins in its 59- year history, defying a recent slowdown in the U.S. housing market that hurt its bigger peers.
The Fed put is still very much alive. That, bulls argue, will be a major underpinning for stocks in 2014.
Dec 18- Lennar Corp, the No.3 U.S. homebuilder, reported a 13 percent jump in quarterly orders, defying a recent slowdown in the U.S. housing market that has hurt its bigger peers. "They're best in class," Williams Financial Group analyst David Williams said.
Dec 18- Lennar Corp, the No.3 U.S. homebuilder, reported a 32 percent jump in fourth-quarter profit in a slowing housing market that tempered order growth. Lennar's orders rose 13 percent in the fourth quarter, compared with 14 percent in the third and 32 percent in the fourth quarter of 2012..
Dec 10- D.R. Horton Inc is temporarily suspending its practice of reserving mineral rights beneath new homes it sells in Florida, according to a letter from the company to the office of the Florida Attorney General.
The "Fast Money" traders share their final trades of the day.
U.S. stocks rose Tuesday, with the Dow and S&P headed to record finishes.
Toll Brothers Inc stands out as the exception. It has also reported a preliminary 6 percent rise in orders, in contrast to the drop in orders just reported by top U.S. homebuilder D.R. Horton Inc and No. 2 PulteGroup Inc. D.R. Horton and PulteGroup cater mainly to first-time buyers or those upgrading to a bigger property for the first time.
*US Airways shares fall after antitrust settlement. *Dish Network's stock up on quarterly results. Driving the market "has been worries over the timing of the taper," said Quincy Krosby, market strategist with Prudential Financial, which is based in Newark, New Jersey.
U.S. stocks declined on Tuesday after a two-session rise, with Wall Street falling to session lows after being reminded that the Federal Reserve could reduce stimulus before the end of the year.
D.R. Horton earnings results were along with expectations, but CNBC's Diana Olick reports some warning signs for housing.
Ten-year yields are moving higher and pressuring stocks after Dallas Fed chief Richard Fisher said the Fed's balance sheet had become "bloated."
More often than not, since the financial crisis began the stock market has been a real turkey around Thanksgiving.
*Fourth-quarter profit rises 39 pct to $139.5 mln. *Revenue jumps 40 pct to $1.80 bln. Nov 12- D.R. Horton Inc said home sales picked up in October as mortgage rates eased from two-year highs and the effects of policy paralysis in Washington faded.
Nov 12- D.R. Horton Inc, the largest U.S. homebuilder, reported a 2 percent fall in quarterly orders due to rising mortgage rates and policy uncertainty in Washington. D.R. Horton's net orders fell to 5,160 homes in the fourth quarter ended Sept. 30 from 5,276 a year earlier.
Some of the names on the move ahead of the open.
Nov 12- U.S. homebuilder D.R. Horton Inc said its orders fell 2 percent in the fourth quarter due to rising mortgage rates and policy uncertainty in Washington. The company's net income jumped 39 percent to $139.5 million, or 40 cents per share, in the quarter ended Sept. 30 from $100.1 million, or 30 cents per share, a year earlier.
Take a look at some of Friday's midday movers:
The official "Squawk Box" blog looks at some deluxe apartments in the sky, the Twitter IPO, and one state's proposal to raise money via weed.