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Lennar Corp

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  • Early movers: BAC, BBY, GOOG, APPL & more Thursday, 15 Jan 2015 | 8:28 AM ET
    Trader on the floor of the New York Stock Exchange.

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

  • 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...

  • Lennar profit rises 50 pct on higher home sales Thursday, 15 Jan 2015 | 6:13 AM ET

    Jan 15- U.S. homebuilder Lennar Corp reported a 50 percent rise in quarterly profit as it sold more homes at higher prices, and said orders rose 22 percent. Net income attributable to Lennar rose to $245.3 million for the fourth quarter ended Nov. 30, or $1.07 per share, from $164.1 million, or 73 cents per share, a year earlier. Total revenue rose about 35 percent to $2.58...

  • 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

    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...

  • Why traders are shorting homebuilders Monday, 12 Jan 2015 | 3:18 PM ET
    Construction at a Lennar housing project in San Francisco.

    About 15.8 percent of KB Home shares outstanding are on loan, making it the most shorted stock announcing earnings this week.

  • Cramer's game plan: A new ball game for earnings Friday, 9 Jan 2015 | 6:10 PM ET
    The Alcoa logo is shown in the lobby of Alcoa's headquarters in Pittsburgh.

    Jim Cramer sees we are in volatile market territory this year, and he gives the stocks he will be watching next week.

  • Cramer's best money making strategy known to man Wednesday, 7 Jan 2015 | 6:11 PM ET

    Jim Cramer shares his best money making strategy of all time to use on the next down day on the market.

  • WASHINGTON, Jan 7- The Federal Housing Administration will reduce annual mortgage insurance premiums by 0.5 percentage point to 0.85 percent from 1.35 percent, the White House said on Wednesday. In a statement, the White House said the move was part of President Obama' s efforts "to expand responsible lending to creditworthy borrowers." The administration also...

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

    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.

  • Perfect economic mix set to boost housing next year Tuesday, 30 Dec 2014 | 7:00 AM ET
    A house for sale in Sarasota, Florida

    Next year is shaping up to be one of those rare times when strong economic growth is accompanied by low interest rates, the perfect mix for housing.

  • Happy holiday means big things for economy Monday, 29 Dec 2014 | 11:40 AM ET

    Here are 6 things a merry holiday-shopping season says about the economy for 2015, says retail analyst Brian Sozzi.

  • NEW YORK, Dec 17- A tiny mutual fund based in Miami, a clutch of cruise line operators and a Canadian natural resources company rank among the early winners in the Obama administration's surprise move on Wednesday to thaw relations with Cuba. While the Cuban economy is small, with gross domestic product of roughly $70 billion, according to the World Bank,...

  • The ‘Hyman Roth’ play: Cuba-related stocks rally Wednesday, 17 Dec 2014 | 3:03 PM ET
    Lee Strasberg as Hyman Roth in The Godfather Part II

    Shares of cruise company Carnival and airliner Copa Holdings were among the stocks boosted on normalized diplomatic Cuban relations.

  • NEW YORK, Dec 17- A tiny mutual fund based in Miami, a clutch of cruise line operators and a Canadian natural resources company are the early winners in the Obama administration's surprise move on Wednesday to thaw relations with Cuba. While the Cuban economy is small, with gross domestic product of roughly $70 billion, according to the World Bank, comparable to...

  • Home builder's new sweet spot: the 55-plus crowd Wednesday, 17 Dec 2014 | 12:39 PM ET
    Pulte Homes' Sun City "active adult" community in Georgia.

    Pulte Homes is rushing to build more so-called active adult communities catering to baby boomers, many who still work full time.

  • Dec 17- Shares of the Herzfeld Caribbean Basin Fund jumped by nearly 40 percent to a seven-year high on record volume on Wednesday following reports that the Obama administration was preparing to announce sweeping changes to U.S. policy about Cuba. The fund, a closed-end mutual fund listed on Nasdaq under the ticker " CUBA," holds stocks and assets that fund...