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Stock Market & Financial Investment News

News Breaks
April 29, 2014
06:13 EDTDHID.R. Horton implied volatility of 30 at lower end of index mean range
News For DHI From The Last 14 Days
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April 27, 2015
11:19 EDTDHIOptions with decreasing implied volatility
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09:15 EDTDHID.R. Horton acquires homebuilding operations of Pacific Ridge Homes in Seattle
D.R. Horton announced the acquisition of the homebuilding operations of Pacific Ridge Homes in Seattle, Washington. The homebuilding assets acquired include approximately 350 lots, 90 homes in inventory and 40 homes in sales order backlog. D.R. Horton also acquired control of approximately 400 lots through option contracts. For the twelve months ended March 31, 2015, Pacific Ridge closed 182 homes with an average home size of approximately 2,600 square feet and an average sales price of $436,000. D.R. Horton will pay approximately $72M in cash for the purchase, and Pacific Ridge will operate as a separate division within D.R. Horton.
April 22, 2015
10:32 EDTDHID.R. Horton seeing same trends in April that it saw in positive March quarter
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10:25 EDTDHID.R. Horton sees Q3 gross margin to be 19.5%-20%
Sees Q3 SG&A expenses 9.9%-10.2%.
10:24 EDTDHID.R. Horton expects 2H15 to be 'even better' than 1H15
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10:24 EDTDHID.R. Horton sees FY15 revenue $9.8B-$10.5B, consensus $10.18B
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07:05 EDTDHID.R. Horton says spring selling season 'off to a strong start'
07:04 EDTDHID.R. Horton reports Q2 EPS 40c, consensus 38c
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