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March 20, 2014
11:43 EDTLENLennar maintaining goal to deliver between 21K-22K homes for 2014
Says in Q1, has seen "clear signs" that volume is returning to the market even as severe weather made conditions difficult. began to see both traffic and sales volume begin a steady month by month improvement throughout the quarter. Says inventories are likely to remain constrained. Says all business well positioned for the future. Says will continue to see cost increases in some of the material, most notably drywall, lumber and siding that will begin to impact Q2 deliveries. Expects to be able to increase community count by 15% over the course of FY14. Anticipates that construction of development pipeline will be completed over the next four years. Sees net community count for the year at 600-625. Comments made during the company's Q1 earnings conference call.
News For LEN From The Last 14 Days
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November 16, 2015
17:10 EDTLENSoros took stake in Paypal, liquidated Herbalife stake
Soros Fund Management gave a quarterly update on its stakes in a filing this afternoon. NEW STAKES: Paypal (PYPL), CIT Group (CIT), Schlumberger (SLB), Kraft Heinz (KHC), and Amazon (AMZN). INCREASED STAKES: Allergan (AGN), Lions Gate (LGF), Energen (EGN), Southwest Airlines (LUV), and Qunar Cayman Islands (QUNR). DECREASED STAKES: LyondellBasell (LYB), YPF (YPF), Time Warner Cable (TWC), Dow Chemical (DOW), and Monsanto (MON). LIQUIDATED STAKES: Herbalife (HLF), Lennar (LEN), DR Horton (DHI), United Continental (UAL), and Nice Systems (NICE).
November 11, 2015
07:41 EDTLENUBS to hold a conference
Building & Building Products Annual CEO Conference is being held in New York on November 11 with webcasted company presentations to begin at 9:30 am; not all company presentations may be webcasted. Webcast Link

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