GO
Loading...

D.R. Horton, Inc.

More

  • *Rock-Tenn and MeadWestvaco rally, set to merge. In deal news, Rock-Tenn Co and MeadWestvaco Corp said they would combine to form a packaging company worth $16 billion, with MeadWestvaco shareholders owning a majority stake. Rock-Tenn shares jumped 6.7 percent to $67.19 while MeadWestvaco rose 14.5 percent to $51.59 as the S&P 500' s biggest percentage gainer.

  • Higher home sales boost DR Horton's revenue Monday, 26 Jan 2015 | 1:11 PM ET
    D.R. Horton bargain home in Houston.

    D.R. Horton reported a higher-than-expected 37 percent jump in quarterly revenue as it delivered more homes.

  • *Rock-Tenn and MeadWestvaco rally, set to merge. NEW YORK, Jan 26- U.S. stocks were little changed on Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. The leftist Syriza party looked set to take on Greece's...

  • US STOCKS-Wall Street lower after Greek elections Monday, 26 Jan 2015 | 9:56 AM ET

    *Rock-Tenn and MeadWestvaco rally, set to merge. NEW YORK, Jan 26- U.S. stocks fell on Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. The leftist Syriza party looked set to take on Greece's international lenders, with...

  • *Rock-Tenn and MeadWestvaco rally, set to merge. NEW YORK, Jan 26- U.S. stock index futures pointed to a flat open Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, though the possibility of Greece leaving the bloc was considered remote. While Greece is a relatively small economy that the...

  • Wall Street wary after Greek election victory Monday, 26 Jan 2015 | 8:45 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures turned to trade mostly higher early Monday, but uncertainty about the future of the euro zone hung over the market.

  • Jan 26- D.R. Horton Inc, the largest U.S. homebuilder by number of homes sold, reported a higher-than-expected 37 percent jump in quarterly revenue as it delivered more homes. D.R. Horton said homes sold rose 29 percent to 7,973 in the first quarter ended Dec. 31. D.R. Horton was well-positioned to capture demand in the all-important spring selling season, Chairman...

  • Early movers: POST, DHI, T, SHPG, GOOG & more Monday, 26 Jan 2015 | 7:55 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • D.R. Horton revenue jumps on higher home sales Monday, 26 Jan 2015 | 7:19 AM ET

    Jan 26- D.R. Horton Inc, the largest U.S. homebuilder by number of homes sold, reported a 37 percent rise in quarterly revenue as it delivered more homes. The company's net income rose to $142.5 million, or 39 cents per share, in the first quarter ended Dec. 31, from $123.2 million, or 36 cents per share, a year earlier. Revenue rose to $2.24 billion from $1.63 billion.

  • Stocks that may get a State of the Union boost Tuesday, 20 Jan 2015 | 11:52 AM ET
    Traders on the floor of the New York Stock Exchange.

    For the best trade around the State of the Union, political and financial analysts recommend housing and basic economy-related stocks.

  • 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...

  • Midday movers: Credit Suisse, UBS, Citigroup & more Thursday, 15 Jan 2015 | 12:42 PM ET
    Wall Street subway station NYSE

    Some of Thursday's midday movers:

  • 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.

  • Jan 13- KB Home, the No. 5 U.S. homebuilder, said it expected a "significant" drop in gross margins in the quarter ending Feb. 28, sending down its shares along with those of its competitors. "We do not expect to reach our housing gross profit margin goal of 20 percent in 2015," Chief Executive Jeff Mezger said on a conference call. "The inland areas of California were quite a...

  • Midday movers: Aetna, Ocwen Financial, GoPro & more Tuesday, 13 Jan 2015 | 1:13 PM ET
    Wall Street New York Stock Exchange NYSE American Flags

    Some of Tuesday's midday movers:

  • KB Home warns on margins, homebuilder shares fall Tuesday, 13 Jan 2015 | 1:11 PM ET

    Jan 13- KB Home, the No. 5 U.S. homebuilder, said it expected a "significant" drop in gross margins in the current quarter, sending down its shares along with those of its competitors. KB Home's shares fell as much as 14 percent to $14.28 after initially rising on the upbeat results. Shares of D.R. Horton Inc, the biggest U.S. homebuilder by number of homes sold, were down 4.8...

  • Early movers: TIF, DLTR, CZR, MS, GM & more Monday, 12 Jan 2015 | 7:58 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • NEW YORK, Jan 7- U.S. stocks rebounded on Wednesday from five straight sessions of losses after strong private sector jobs data and as minutes from the most recent Federal Reserve meeting reassured investors the bank was in no hurry to start raising interest rates. "The U.S. continues to be the strongest region in the globe right now, and I think markets are...

  • Midday movers: Alkermes, Lennar, Radian Group & more Wednesday, 7 Jan 2015 | 1:00 PM ET
    Exchange Place NYSE

    Some of Wednesday's midday movers:

  • Behind the $50 million bet against home builders Tuesday, 30 Dec 2014 | 11:50 AM ET
    New home construction in Bethesda, Md.

    In a large options trade Monday, one trader bet housing stocks will collapse in the coming months.