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Fly News Breaks for December 27, 2019
TOL, LEN, DHI, CAA, PHM, KBH, BZH, MDC, HOV
Dec 27, 2019 | 07:07 EDT
Wedbush analyst Jay McCanless noted that homes for sale in the top 25 U.S. markets fell about 8% year-over-year in November to mark the fourth straight monthly decline. This decline in supply of existing homes for sale should be positive for homebuilder pricing power and unit volumes, said McCanless, who also believes the declining inventory of homes for sale along with rising prices may explain the slower rate of home sale closings growth in November. Publicly traded homebuilders include Beazer Homes (BZH), CalAtlantic (CAA), D.R. Horton (DHI), Hovnanian (HOV), KB Home (KBH), Lennar (LEN), M.D.C. Holdings (MDC), PulteGroup (PHM) and Toll Brothers (TOL).
News For DHI;HOV;KBH;LEN;MDC;PHM;TOL;BZH;CAA From the Last 2 Days
LEN
Jul 8, 2020 | 09:55 EDT
Notable gainers among liquid option names this morning include FMC Technologies (FTI) $7.74 +0.62, Biogen (BIIB) $285.11 +16.66, Kohl's (KSS) $21.28 +0.98, Lennar (LEN) $64.69 +2.52, and AutoNation (AN) $40.51 +1.54.