Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks.
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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. [...]
Lennar Corp. (NYSE: LEN) said on Tuesday that fiscal second quarter net income fell by 70% as the company had unfavorable comparables (more tax gains in the year earlier quarter); however shares climbed as both revenue and earnings exceeded street’s estimate. Strong growth in new orders and increase in home prices boosted the top line [...]
Shares of Zale Corp. (ZLC) catapulted more than 20% by afternoon trade after the jewelry retailer reported on Wednesday that it swung into fiscal third quarter profit. The Company also announced that the appointment of its new Chairman, Terry Burman, who previously served at the Chief Executive at rival firm, Signet Jewelers Ltd. For the [...]
Toll Brothers Inc. (NYSE: TOL) reported on Wednesday that its fiscal second-quarter profit climbed 46% as vastly improving U.S. housing market allowed the luxury homebuilder to sell more homes at higher average prices. [...]
Shares of Toll Brothers Inc. (NYSE: TOL), a Horsham, Pennsylvania-based company engaged in designing, building, marketing and arranging financing for single-family detached and attached homes in luxury residential commodities, are down sharply in trading today even as the company swung to a profit in its fiscal first quarter. [...]
Shares of Toll Brothers Inc. (NYSE: TOL) have edged higher in trading today after the homebuilder reported its fourth-quarter financial results. The company’s fourth-quarter profit jumped thanks to a large tax benefit. TOL’s results have once again highlighted the fact that the housing market is seeing a strong recovery. [...]
Shares of luxury homebuilder, Toll Brothers Inc. (NYSE: TOL) rose sharply in trading today. The stock rose to a 52-week high of $33.68 before finishing the day 3.77% higher at $33.01 on above average volume of 10.16 million. [...] |
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