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Stock Market & Financial Investment News

News Breaks
July 1, 2014
16:02 EDTCCSCentury Communities acquires additional 527 homesites in Austin, TX
Century Communities announced that its Jimmy Jacobs Homes subsidiary purchased 527 premier home sites in two leading communities in Austin, Texas. Century Communities has positioned itself as one of the top builders in Austin. The Jimmy Jacobs Homes subsidiary acquired 423 home sites in the Pearson Place at Avery Ranch community. The community is a continuation of the very successful Avery Ranch master-planned community, which is located in one of Austin’s most sought after areas. The Avery Ranch community boasts premier amenities including five community centers, an outdoor amphitheater and direct access to hiking and biking trails, as well as unparalleled access to top-rated schools. The home sites will offer a diverse range of new home product in a highly desirable location.
News For CCS From The Last 14 Days
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November 13, 2014
16:51 EDTCCSCentury Communities completes acquisition of Peachtree Communities
Century Communities announced that it has completed the acquisition of the operations and assets of Peachtree Communities in Atlanta, Georgia. The purchase price for the acquisition is approximately $55M and is based on the total assets of Peachtree Communities at the closing of the acquisition, less cash and cash equivalents and less certain assumed trade payables. The strategic acquisition establishes the Company’s footprint in the growing Southeast market and further achieves the company’s goal of expanding its operations into attractive markets with strong economic fundamentals. As a result of this transaction, Century Communities now owns or controls 2,120 lots in Greater Atlanta. The acquisition brings the company’s total land position of owned and controlled lots to 11,569, representing an increase of 39% since the end of 2013.
16:07 EDTCCSCentury Communities reports Q3 EPS 19c, consensus 39c
Reports Q3 revenue $90.7M, consensus $112.23M.
November 10, 2014
07:07 EDTCCSCentury Communities announces 2M stock repurchase program
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