Homebuilder Lennar Corp. (NYSE: LEN) reported second quarter earnings today that handily beat both EPS and revenue estimates. Excluding a one-time tax gain, the company posted EPS of $0.21 compared with a…
The three major US stock indexes opened slightly higher this morning as markets didn’t get any more bad news from Europe and got some good news on housing prices from the S&P…
A Cyprus bailout could cost 10 billion euros. (Reuters) Dell (NASDAQ: DELL) bids $2.3 billion for Quest Software (NASDAQ: QSFT). (Reuters) Microsoft (NASDAQ: MSFT) to buy Yammer for $1.2 billion. (Reuters) Facebook…
Investors have been chasing up the housing stocks higher and higher over the last year. The economy is only just now seeing a better housing market and foreclosures and the shadow inventory…
The three major US stock indexes opened lower this morning as investors wait for weekend data on Chinese trade and industrial production. The drop in US unemployment benefits claims didn’t spur much…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. American Eagle Outfitters (NYSE: AEO) named Bull of the Day at Zacks.…
Hopes for a recovery in homebuilding have picked up recently, primarily as a result of pent-up demand for new household formation. All those college grads who moved back in with their parents…
The housing market is supposed to be doing better and the lack of a new recession is supposed to have helped to put in a floor under what had been consistently falling…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday (Friday the 13th). Apple Inc. (NASDAQ: AAPL) Reiterated Buy and Raised Target…
Markets opened slightly higher this morning but have been wobbling around the neutral line for the whole day. This morning’s report on the decline of housing prices (our coverage here) and the…
This morning’s report on the S&P Case-Shiller housing price index indicated that housing prices continue to fall in the US (our coverage here). Shortly before the January data was released, homebuilder Lennar…
Lennar Corp. (NYSE: LEN), one of the country’s largest homebuilders, today reported earnings for its first fiscal quarter ended February 29th. The company reported EPS of $0.08 on total revenue of $724…
Paul Ausick Markets opened about higher this morning following a flat close in Asia and a bit of enthusiasm in Europe following a manufacturing survey from Germany (our coverage here). Then Fed Chairman Ben…
Earnings season is all but over and only the tail end of the quarterly and off-calendar reporting outfits are still reporting earnings. Still, the coming week does have several key earnings reports…
US equities opened higher this morning following the report on a US non-farm payroll gain of 227,000 jobs (more coverage here). In Europe, the Greek debt swap deal went off smoothly, but…
