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Stock Market & Financial Investment News

News Breaks
December 14, 2012
05:01 EDTMDCM.D.C. Holdings declares $1.00 per share accelerated dividend
M.D.C. Holdings announced that its board of directors has declared a cash dividend of $1.00 per share on the company's common stock. This dividend is in lieu of declaring and paying regular quarterly dividends in calendar year 2013. The accelerated dividend is payable on December 28 to stockholders of record on December 24.
News For MDC From The Last 14 Days
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June 19, 2015
14:26 EDTMDCHomebuilders advance after KB Home reports earnings
Shares of homebuilder stocks are rallying in a down market after group member KB Home (KBH) reported second quarter EPS of 10c on revenue of $623M, beating consensus estimates of 8c and $619M, respectively. Net orders grew 33% to 3,015 in the current quarter, compared to 2,269 in the year-earlier quarter, largely driven by expansion in the company’s average community count. PRICE ACTION: In afternoon trading KB Home is up about 10% to $16.46. Other homebuilder stocks are moving up as well, with DR Horton (DHI) and PulteGroup (PHM) each up about 2% and Lennar (LEN) up 3%.

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