Lennar Corp


  • Stocks close mixed, S&P continues quarterly wins Monday, 30 Jun 2014 | 4:41 PM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stocks closed mixed on Monday, with Dow lower and the S&P 500 showing the longest streak of quarterly gains since 1998.

  • Midday movers: Allergan, MBIA, Treehouse Foods & More Monday, 30 Jun 2014 | 12:13 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Some of Monday's midday movers:

  • June 26- Lennar Corp, the second-largest U.S. homebuilder, reported a better-than-expected quarterly profit as it sold more homes at higher prices. Lennar has been able to raise prices despite a choppy recovery in the U.S. housing market as it mainly caters to buyers looking for a second home who are more comfortable with volatile interest rates.

  • Early movers: GPRO, GM, BCS, AA, CZR, MNST & more Thursday, 26 Jun 2014 | 7:58 AM ET

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

  • June 26- Lennar Corp, the second-largest U.S. homebuilder, reported a better-than-expected quarterly profit as it sold more homes at higher prices. Lennar's average selling price rose 14 percent in the quarter amid tighter supply of homes. Lennar's profit was weighed down by losses in its real estate financing business and multi-family home business.

  • Lennar revenue rises 28 pct on higher home sales Thursday, 26 Jun 2014 | 6:15 AM ET

    June 26- Lennar Corp, the second-largest U.S. homebuilder, reported a 28 percent increase in quarterly revenue as it sold more homes, and said orders rose 8 percent. Revenue rose to $1.82 billion in the second-quarter ended May 31 from $1.43 billion a year earlier. Net income was flat at $137.7 million, or 61 cents per share.

  • Consumer confidence at highest level since January 2008. WASHINGTON, June 24- U.S. consumer confidence jumped to its highest level in nearly 6-1/ 2 years in June and sales of new homes surged in May, the latest signs that the economy has regained momentum.

  • Energy costs a potential threat to bull market Friday, 20 Jun 2014 | 5:16 PM ET
    Erbil Refinery in Iraq, where attacks and unrest have caused a fuel crisis in Iraq.

    The stock market's record-breaking rise could get derailed by oil.

  • Squawking Rick Perry in the hotseat on gay remarks Thursday, 19 Jun 2014 | 1:49 PM ET
    Texas Gov. Rick Perry speaks during the final day of the 2014 Republican Leadership Conference on May 31, 2014 in New Orleans.

    In our Talking Squawk blog, Joe appears on "The Daily Show" in a clip of his Rick Perry interview; Becky loses her breath on TV; and Andrew talks cocktails.

  • Lennar CEO: Why housing is still 30% below normal Wednesday, 4 Jun 2014 | 9:56 AM ET
    New homes for sale by Lennar home builders.

    Generational forces and still-tight mortgage lending standards are holding back housing from a more robust recovery, Lennar CEO Stuart Miller tells CNBC.

  • CEO zeroes in on fate of housing sector     Wednesday, 4 Jun 2014 | 7:42 AM ET

    Stuart Miller, Lennar Corp. CEO, shares perspective on the housing recovery and mortgage market. It's unclear when household formation will resume, say Miller. And Mike Jackson, AutoNation chairman, weighs in.

  • *Hewlett-Packard shares soar after announcing job cuts. NEW YORK, May 23- The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.

  • Stocks rise; first close above 1,900 for S&P 500 Friday, 23 May 2014 | 4:06 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks rose Friday, with the S&P 500 on track for its first weekly advance in three, after a better-than-expected housing report.

  • NEW YORK, May 23- The S&P 500 was on track for a record closing high on Friday, boosted by a better-than-expected reading on the housing market, which gave a lift to homebuilding stocks. Shares of Lennar Corp, the second-largest U.S. homebuilder in terms of revenue, shot up 3.4 percent to $40.33.

  • WASHINGTON, May 23- Sales of new U.S. single-family homes rose in April and the stock of houses on the market hit a 3-1/ 2 year high, but economists said the market was still not clearly gaining steam.

  • Midday movers: Bon-Ton Stores, DR Horton & More Thursday, 22 May 2014 | 12:03 PM ET

    Some of Thursday's midday movers:

  • VIENNA, May 15- Austrian viscose-fibres maker Lenzing's profits fell by less than expected in the first quarter as it accelerated a cost-cutting plan, lifting its shares more than 5 percent.

  • US STOCKS-Wall St edges up; Dow, S&P 500 hit records Tuesday, 13 May 2014 | 10:27 AM ET

    *S&P 500 rises above 1,900 for the first time. NEW YORK, May 13- U.S. stocks rose modestly on Tuesday, with the Dow and S&P 500 both inching to record levels despite economic data that painted a mixed picture of the economy.

  • This is the stockpicker who beat Ackman & Einhorn Monday, 5 May 2014 | 7:00 AM ET

    The Ira Sohn Investment Conference gets underway, with a bevy of high-profile managers set to give their picks.

  • NEW YORK, April 30- When it came time for Tom Moser and his wife to consider having his 83- year-old father move in with them, a house with a special multigenerational floor plan solved their problems- and may have saved his dad's life.