After a rally in housing stocks, the CNBC "Fast Money" traders share their top trades.» Read More
Some of the names on the move ahead of the open.
Nov 11- D.R. Horton Inc, the largest U.S. homebuilder, reported better-than-expected quarterly revenue and said orders jumped 38 percent, suggesting an uptick in housing demand. D.R. Horton's customers are returning after being hit especially hard by soaring home prices and rising interest rates in the first eight months of the year. D.R. Horton's revenue from...
*D.R. Horton posts quarterly earnings. NEW YORK, Nov 11- U.S. stock index futures edged higher on Tuesday, after the Dow and S&P 500 extended their streak of record closes for a fourth day. *D.R. Horton, the largest U.S. homebuilder, on Tuesday reported net income rose to $166.3 million, or 45 cents per share in the fourth quarter ended Sept. 30, from $139.5 million, or 40 cents...
Nov 11- D.R. Horton Inc, the largest U.S. homebuilder, reported a 33 percent jump in quarterly revenue as it sold more homes at higher prices. The company's net income rose to $166.3 million, or 45 cents per share in the fourth quarter ended Sept. 30, from $139.5 million, or 40 cents per share, a year earlier. Revenue rose to $2.42 billion from $1.82 billion.
Wall Street looked set to gain on Tuesday, which is set to be a quiet day, with some markets shut for the Veterans Day holiday.
Some of Monday's midday movers:
This might be the best "catch-up" group out there, he said.
It’s not the Fed or any earnings report that’s caught "Mad Money" host Jim Cramer’s eye.
Jim Cramer thinks the gridlock beginning in Washington be a good thing for investors, and gives his top stocks he will be watching next week.
Oct 23- PulteGroup Inc, the No.3 U.S. homebuilder, reported its smallest quarterly increase in home prices in almost two years, joining peers in suggesting that the steep rise in prices in the past couple of years has dampened demand. Shares of PulteGroup, which focuses on first-time home buyers, fell about 2.5 percent in early trading. "Builders are faced with...
Some of Tuesday's midday movers:
*GE, Honeywell climb after quarterly results. NEW YORK, Oct 17- U.S. stocks extended their rebound from this month's bruising selloff on Friday, giving the S&P 500 its best day in over a week, as worries about the U.S. earnings outlook eased, but the S&P 500 still posted its fourth straight week of declines. Honeywell shares gained 4.3 percent to $90.06 after results.
*GE, Honeywell climb after quarterly results. The Russell 2000 index was down 0.1 percent after posting Thursday its longest streak of more than 1 percent gains since July 2012. Honeywell shares gained 5 percent to $90.66 after its quarterly results, to help send the S&P industrials sector up 2.3 percent as the best performing S&P sector.
"I think short term, we deserve a bounce," short-only portfolio manager Brad Lamensdorf says.
*GE, Honeywell climb after quarterly results. The Russell 2000 index was down 0.3 percent after posting Thursday its longest streak of more than 1 percent gains since July 2012. Honeywell shares gained 4.3 percent to $90.07 after its quarterly results, to help send the S&P industrials sector up 2.3 percent as the best performing S&P sector.
Take a look at some of Wednesday's midday movers:
Companies making headlines after the bell Tuesday: EBay, Synacor, Yahoo & more
As home builders try to gain more business, more will be going after the entry-level buyer, real estate expert Bradley Hunter told CNBC Wednesday.
The PHLX Housing index was down 0.1 percent after earlier falling as much as 1.3 percent on the back of results at KB Home. KB Home fell 6.1 percent to $15.92 following third-quarter earnings and sales that missed expectations. D.R. Horton Inc fell 0.4 percent to $21.20 while Beazer Homes was off 0.7 percent at $17.80.
NEW YORK, Sept 22- U.S. stocks closed lower on Monday, with the S&P 500 suffering its biggest one-day decline since early August, as the latest housing data came in much weaker than expected, raising new concerns about the rate of growth in the economy.