-
Lennar To Face Heat As Interest Rate Hike Negatively Impacts Home Ownership Affordability, Says Analyst
Tuesday, October 4, 2022 - 1:53pm | 319JMP Securities analyst Aaron Hecht reiterated a Market Outperform rating on the shares of Lennar Corp (NYSE: LEN) and lowered the price target to $115 from $130. The analyst said the company beat Q3 FY22 normalized EPS expectations driven by stronger-than-...
-
CBOE's Weekly Market Recap: Sept. 12-16
Thursday, September 22, 2022 - 8:23am | 932Last week, the SPDR S&P 500 ETF (NYSEARCA: SPY) experienced its third-largest decline since January, ushering in a wave of selling and bearish sentiment. A series of macroeconomic figures seem to have exacerbated the selling last week, including a worse-than-expected consumer price index (CPI)...
-
H.B. Fuller, Lennar And Some Other Big Stocks Moving Higher In Today's Pre-Market Session
Thursday, September 22, 2022 - 6:27am | 340U.S. stock futures traded slightly higher this morning after recording losses in the previous session. Here are some big stocks moving higher in today’s pre-market trading session. Geron Corporation (NASDAQ: GERN) climbed 8.6% to $2.76 in pre-market trading after dropping around 5% on...
-
US Stock Futures Rise Following Wednesday's Plunge
Thursday, September 22, 2022 - 4:54am | 788Pre-open movers U.S. stock futures traded higher in early pre-market trade on Thursday after recording sharp losses on Wednesday. The Dow Jones closed lower by more than 500 points, while the Nasdaq Composite fell over 200 points in the previous session after the US Fed raised its policy rate by 75...
-
Accenture, FedEx And 3 Stocks To Watch Heading Into Thursday
Thursday, September 22, 2022 - 4:09am | 277With US stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Accenture plc (NYSE: ACN) to report quarterly earnings at $2.57 per share on revenue of $15.39 billion before the opening bell. Accenture shares...
-
Why Lennar Shares Are Moving After Hours
Wednesday, September 21, 2022 - 3:49pm | 349Lennar Corp (NYSE: LEN) shares are trading higher in Wednesday's after-hours session after the company reported mixed financial results. Lennar said third-quarter revenue increased 29% year-over-year to $8.93 billion, which missed average analyst estimates of $9.03 billion, according to...
-
Fear Among US Investors Is Increasing, Here's Why
Wednesday, September 21, 2022 - 4:49am | 298The CNN Money Fear and Greed index showed a rise in the fear level among U.S. investors after the Dow Jones closed lower by around 300 points on Tuesday. The Federal Open Market Committee started its two-day policy meeting on Tuesday. Investors are bracing for another big rate increase from the...
-
US Stock Futures Edge Higher; All Eyes On Fed Decision
Wednesday, September 21, 2022 - 4:12am | 795Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade on Wednesday after recording losses on Tuesday. The Dow Jones closed lower by more than 300 points, while the Nasdaq Composite fell over 100 points in the previous session. The Federal Reserve will announce its...
-
General Mills, Lennar And 3 Stocks To Watch Heading Into Wednesday
Wednesday, September 21, 2022 - 3:23am | 278With US stock futures trading slightly lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects General Mills, Inc. (NYSE: GIS) to report quarterly earnings at $1.00 per share on revenue of $4.72 billion before the opening bell....
-
Bitcoin Declines Below $19,000; Here Are The Top Crypto Movers For Wednesday
Wednesday, September 21, 2022 - 2:39am | 526Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, traded lower, falling below the $19,000 level this morning. The second-most valued cryptocurrency, Ethereum (CRYPTO: ETH), continued its bear run, trading around the $1,300 mark. Other popular crypto coins, including Solana (...
-
Monday's Market Minute: A Busy Week for Investors and Traders
Monday, September 19, 2022 - 12:43pm | 417The Fed is the primary focal point. Let’s begin our look at the week ahead with the 2-day FOMC policy meeting, which begins Tuesday, with Fed Chair Jerome Powell expected to announce a 75-basis-points rate hike on Wednesday afternoon. However, there has been some speculation as to whether or...
-
This Analyst Cuts PT On Adobe, Plus Barclays Predicts $240 For FedEx
Monday, September 19, 2022 - 6:19am | 425Wells Fargo lowered the price target for Adobe Inc. (NASDAQ: ADBE) from $425 to $310. Adobe shares fell 1.2% to $296.04 in pre-market trading. Mizuho boosted the price target on AvalonBay Communities, Inc. (NYSE: AVB) from $212 to $220. AvalonBay Communities shares rose 0.3% to close at $201....
-
The S&P 500 May Be Breaking Away From The Suppression Of A Strong Dollar
Tuesday, August 16, 2022 - 10:15am | 2233(Tuesday Market Open) Equity index futures were slightly lower ahead of the opening bell as Walmart (NYSE: WMT) and Home Depot (NYSE: HD) topped earnings estimates but moved in different directions during the premarket session. Potential Market Movers Walmart (WMT)...
-
Moderna And 2 Other Stocks Insiders Are Selling
Monday, July 25, 2022 - 6:45am | 570US manufacturing PMI dropped to 52.3 in July from previous reading of 52.70, while services PMI tumbled to 47.00 from 52.70. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the...
-
This Crazy Real Estate Market Has Some Of The Nation's Largest Home Builders Jumping Into The Rental Business
Wednesday, July 20, 2022 - 10:23am | 818It’s an excellent time to own single-family rental properties, a realization that’s reaching some of the nation’s largest home builders. According to the National Association of Home Builders, 13,000 single-family homes were built as rentals in the first quarter of this year....