Check out the companies making headlines midday Wednesday:
div > div.group > p:first-child"> Lennar — Shares of Lennar rose more than 4 percent despite the home builder reporting quarterly results that missed expectations. Lennar posted earnings of 74 cents per share for its fiscal first quarter, one cent below FactSet's estimates, while revenue also missed forecasts. However, Lennar experienced a 24 percent jump in new orders and a 30 percent increase in deliveries.
KB Home — Shares of KB Home rose more than 2 percent after the home builder reported better-than-expected earnings for the fiscal first quarter. KB Home reported quarterly profit of 31 cents per share, five cents above FactSet estimates. The home builder's revenue fell short of Street forecasts due to a decline in average selling prices, however.
Boeing — Boeing's stock fell 1 percent ahead of its briefing on the fixes for the 737 Max jets involved in two fatal crashes since October. Boeing is slated to brief about 200 pilots at its Renton, Washington, facilities Wednesday as the company believes it has solved issues with the 737 Max automated flight control system by updating the plane's software, cockpit alerts and pilot training. People familiar with the work told CNBC that there are four notable changes.
Canada Latest News, Canada 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 premarket: Biogen, Boeing, Walmart, Apple, Clorox & moreSome of the names on the move ahead of the open.
Read more »
Stocks making the biggest moves premarket: Biogen, Viacom, Boeing, Deutsche Bank & moreSome of the names on the move ahead of the open.
Read more »
Cramer: Blooming season has come for Home Depot, Lowe's, Lennar, and D.R. HortonJim Cramer says investors shouldn't panic about February's weak housing starts because the market is about to rebound.
Read more »
Homebuilder Lennar misses estimates as bad weather hits deliveriesLennar's quarterly profit and revenue missed Wall Street estimates on Wednesday, as bad weather hurt deliveries of ordered homes by the U.S.'s second largest homebuilder.
Read more »
After-hours buzz: Lululemon, PVH, Five Below & moreSee which stocks are posting big moves after the bell on March 27.
Read more »
Stocks making the biggest moves midday: Levi Strauss, Biogen, Micron & moreThese are the stocks posting the largest moves midday Thursday.
Read more »
Stocks making the biggest moves after hours: Nike, Cintas, GameStop and moreSee which stocks are posting big moves after the bell on March 21.
Read more »
Stocks making the biggest moves premarket: Tiffany, Hibbett Sports, Nike, Gamestop & moreSome of the names on the move ahead of the open.
Read more »
Stocks making the biggest moves midday: Tiffany, Nike, Avon Products & moreThese are the stocks posting the largest moves midday Friday.
Read more »
Stocks making the biggest moves after hours: Micron, Williams-Sonoma, Guess and moreSee which stocks are posting big moves after the bell on March 20.
Read more »