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  • 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

    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.

  • Surprise franc move plays havoc with Swiss stocks Thursday, 15 Jan 2015 | 10:20 AM ET
    Traders work on the floor of the New York Stock Exchange, October 15, 2014.

    The Swiss stock market is down about 10 percent after the Swiss National Bank scrapped its cap on the franc against the euro.

  • 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...

  • Cramer's guide to a treacherous trader's market Tuesday, 13 Jan 2015 | 6:14 PM ET

    One minute it's up, the next minute it's down. Jim Cramer gives two important tips for navigating the rough seas of a volatile market.

  • US stocks end modestly lower after rally fizzles Tuesday, 13 Jan 2015 | 4:53 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks rose Tuesday after aluminum-producer Alcoa delivers earnings and revenue that topped expectations.

  • *KB Home forecasts drop in gross margins. Shares of homebuilders fell 1.5 percent after KB Home forecast a drop in gross margins for the first quarter. Homebuilder stocks had been up earlier in the session, but KB Home dropped 16.3 percent to $13.87, its biggest percentage fall since 1992..

  • How and why the market reversed so sharply Tuesday, 13 Jan 2015 | 4:05 PM ET
    Traders work on the floor of the New York Stock Exchange.

    What seems to be happening is that the market is starting to price in more risk, and a potential earnings slowdown.

  • 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...

  • *Materials drag, led by Freeport McMoran. Copper prices dropped further below $6,000 per tonne to their weakest level in more than five years, while oil prices extended losses in U.S. afternoon trading. So it's this fear of lower commodity prices leading to global deflation which is leading this nervousness, "said Peter Cardillo, chief market economist at...

  • *Alcoa erases early gains after earnings; materials drag. Shares of homebuilders fell broadly after KB Home forecast a drop in gross margins for the first quarter. Homebuilder stocks had been up earlier in the session, but KB Home was last down 13.7 percent, while a housing index was down 0.9 percent.

  • *Alcoa erases early gains after earnings. But the market was well off its highs for the session, with shares of homebuilders falling broadly after KB Home forecast a drop in gross margins for the first quarter. Homebuilder stocks had been up earlier in the session, but KB Home was last down 13.7 percent, while a housing index was down 0.9 percent.

  • Midday movers: Aetna, Ocwen Financial, GoPro & more Tuesday, 13 Jan 2015 | 1:13 PM ET

    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...

  • KB Home misses 4Q profit forecasts Tuesday, 13 Jan 2015 | 1:00 PM ET
    A sold sign sits in front of homes under construction by developer KB Home in Valencia, California.

    KB Home on Tuesday reported fiscal fourth-quarter profit had a dramatic rise to $852.8 million.

  • Why the extremes in the commodities complex? Tuesday, 13 Jan 2015 | 10:08 AM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    10-year bond yields are at 18-month lows, gold touched a 12-week high, and oil plumbed a nearly 6-year low.

  • *KB Home lifts housing index after earnings. NEW YORK, Jan 13- U.S. stocks rallied on Tuesday to bounce from a two-day decline as financial results from Alcoa helped ease some investor worry regarding the corporate earnings season. Alcoa Inc reported a higher-than-expected quarterly profit due to automotive demand, higher aluminum prices and lower energy...

  • *Alcoa up in premarket after results. NEW YORK, Jan 13- U.S. stocks were poised for a higher open on Tuesday after the S&P 500 fell for a second consecutive session, as financial results from Alcoa helped ease some investor jitters regarding the corporate earnings season. Alcoa Inc gained 1.9 percent to $16.48 before the opening bell.