, which beat estimates. The company reported earnings of $1.65 on revenues of $5.29 billion, whereas analysts polled by Refinitiv had expected earnings of $1.18 on revenues of $5.25 billion.
Lennar also reported that new orders are down 10% and the dollar value of those new orders is down 16%, but that business improved in May and the rebound has continued through the first half of June.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves midday: Delta Air Lines, Carnival, Shopify, RH, Moderna, BP & moreAirlines and cruise lines took a hit while Shopify and RH traded higher around midday. Go for it !!
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Drop After Coronavirus Outbreaks In Beijing And U.S. StatesU.S. stock indexes slid today as dozens of new coronavirus cases were discovered in Beijing, prompting renewed lockdown measures. Cases are still rising in several U.S. states that have reopened their economies. Consider having NPR’s research team look up who (politicians) dumped their shares & follow that $. Desperation for a way to keep economies from collapsing under the weight of Covid-19 could mean settling for a vaccine that prevents people from getting really sick or dying but doesn’t stop them from catching the coronavirus.
Source: NPR - 🏆 96. / 63 Read more »
Stocks sink worldwide as coronavirus infections rise againStocks are sinking again Monday on fears that new coronavirus infections could derail the economic recovery that Wall Street was sure was on the way. Laurie_Garrett Which word is throwing people off? 'Pandemics have a huge negative impact on the global economy.' Perchance the word 'global'? How bout..u you that round ball that has a lot of blue. Hint: Ur tchr had it in the classroom. It has names & ur country is in there. Laurie_Garrett So much winning! Laurie_Garrett Shockingly (or possibly not), lo and behold it turns out you can’t fix the economy without fixing the pandemic.
Source: latimes - 🏆 11. / 82 Read more »
Asian stocks, oil sell off on second wave fearsAsian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens. yo Reuters know who’s especially burdened by fear right now? Interpol Agent O’Smiley, who’s sadly having marriage troubles in this episode of CasinoLizard Art VideoArt FilmNoir Noir Cinema CinemaNoir ArtCanLikeChangeTheWorld Second wave my arse. Stop peddling lies. We are a little over two weeks from Memorial Day and sure enough we are getting a new wave - spikes, surges - whatever you want to call it. This is the overlap period between the first wave and second wave which experts predicted. WearAMask Be safe.
Source: Reuters - 🏆 2. / 97 Read more »
Leon Cooperman says speculation by Robinhood traders in stocks like airlines will 'end in tears'Robinhood traders 'are just doing stupid things, and in my opinion, this will end in tears,' Cooperman said. Whose tears exactly? People like Leon cooperman don't want Robin Hood traders because they tend to keep their wealth close to their waistline. Instead of relying on groups of individuals to make stock purchases and decisions for them Unless they sell before they tank Cry like a baby. These 10 and 12 years old traders are babies.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Stocks off lows, Dow was down 700 points, tech leads comeback“I think this will be a gradual recovery,” Blackstone’s Byron Wien says. “I think earnings will come back. But I think it'll be 2022 before we’re back to 2019 levels.” FAKE , BULLISH , SEE NOW SHARES The japanification of our economy.
Source: CNBC - 🏆 12. / 72 Read more »