Daily Stocks News » KBH

Homebuilders’ Shares Rally after Bernanke’s Dovish Remarks (DHI, KBH, TOL, SPF, LEN, PHM)

Warren Paige — Fri, 12 Jul 2013 07:57:25 +0000

Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks.

While addressing a group of economists at the National Bureau of Economic Research,the Fed Chairman on Wednesday said that the bank still believes the need for continuing with its accommodating policy for foreseeable future. Bernanke said [...]

Major Movers on June 27; PAYX, PRGS, CAG, SSW, NIHD, KBH

Warren Paige — Thu, 27 Jun 2013 18:27:36 +0000

Shares of Paychex Inc, (NASDAQ: PAYX) slumped about 5.70% by mid-day trade. The Rochester, NY based Company, which handles employee benefits and provides human resources related services, late last evening reported nearly flat earnings growth for the fiscal fourth quarter as higher revenue was offset by jump in income tax expenses.

For the quarter, [...]

KB Home Tops Q2 Estimates, Shares Gain (KBH)

Warren Paige — Thu, 27 Jun 2013 16:09:35 +0000

KB Home (NYSE: KBH) reported lower-than-expected fiscal second-quarter loss on Thursday as the homebuilder benefitted from strong growth in home deliveries and higher average selling price amid gradually improving U.S. housing market.

Both adjusted loss and revenue exceeded analysts’ consensus estimate. Shares climbed about 3% in early trade.

KB Home’s better-than-expected performance follow some [...]

Major Movers on March 21; ORCL, GES, LULU, YHOO, KBH

Warren Paige — Thu, 21 Mar 2013 13:50:25 +0000

Shares of Oracle Corporation (NASDAQ: ORCL) were hammered in premarket trading. The enterprise software handed lower-than-expected fiscal third quarter earnings and revenue, late last evening.

Revenue across all divisions except software segment declined.

For the quarter ended February 28, Oracle reported adjusted or non-GAAP earnings of 65 cents a share up from 62 cents [...]

Major Movers on December 20; NYX, ICE, MDRX, KMX, KBH

Warren Paige — Thu, 20 Dec 2012 19:48:43 +0000

Shares of NYSE Euronext (NYSE: NYX), a global operator of financial markets and provider of trading solutions, are seeing a huge rally in trading today.

At last check, NYX shares were trading 33.64% higher at $32.14 on above average volume of 64.39 million. The stock hit a 52-week high of $33.38 in trading today.

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Major Movers on September 21; KBH, KORS, VVUS, HALO, VPHM

Warren Paige — Sat, 22 Sep 2012 09:41:00 +0000

The following stocks saw significant activity in trading on Friday, September 21, 2012.

Home building company KB Home (NYSE: KBH) climbed 16.40% on Friday after the company announced unexpected profit for the fiscal third quarter, thanks to more home sales at higher prices. The company reported a net income of $3.3 million, or 4 [...]

KB Home Shares Rally on Q2 Results (KBH)

Warren Paige — Sat, 30 Jun 2012 13:40:18 +0000

Homebuilder KB Home (NYSE: KBH) on Friday reported a narrower quarterly loss, sending the company’s shares sharply higher.

For the second quarter ended May 31, the Los Angeles-based company reported a net loss of $24.1 million, or $0.31 per share. This compares to a loss of $68.5 million, or $0.89 per share reported for [...]