FBR Capital Reiterates Outperform Following Lennar Corp.'s (LEN) 1Q EPS Beat
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March 29, 2016 9:27 AM EDT
SunEdison (NYSE: SUNE) 34.1% LOWER; In an SEC filing, unit TerraForm Global (NASDAQ: GLBL) stated that "due to SunEdisons liquidity difficulties, there is a substantial risk that SunEdison will soon seek bankruptcy protection." TerraForm Global's disclosure followed a Wall Street Journal report yesterday evening that said SunEdison is being investigated by the SEC for overstating its cash position last fall. The report also said SunEdison is working with advisers on a potential bankruptcy filing, according to people... More
March 29, 2016 7:45 AM EDT
Lennar Corp. (NYSE: LEN) reported Q1 EPS of $0.63, $0.11 better than the analyst estimate of $0.52. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.86 billion.
Deliveries of 4,832 homes up 12%New orders of 5,794 homes up 10%; new orders dollar value of $2.1...
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March 28, 2016 3:48 PM EDT
The Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
9:00am EDT
Case-Shiller 20-city Index - Street sees 5.7%
Earnings:
American DG Energy (Nasdaq: ADGE) - no Street consensus
American Shared Hospital (NYSE: AMS) - no Street consensus
China Nepstar Chain... More
March 28, 2016 10:00 AM EDT
Pending Home Sales (Feb. MoM) 3.5% vs 1.2% Expected
Following results traders are watching:
D.R. Horton, Inc. (NYSE: DHI)
Pulte Group (NYSE: PHM)
KB Home (NYSE: KBH)... More
