Tulsa, Oklahoma-based diversified energy company, ONEOK Inc. (NYSE: OKE) today announced that its Board of Directors authorized the management to pursue a plan to separate the company’s natural gas distribution business into a standalone publicly traded company.
Continue reading Major Movers on July 25; OKE, CROX, FB, DHI, PHM, BIDU
Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks.
Shares of PriceSmart Inc. (NASDAQ: PSMT) fell about 3.30% by afternoon trade. The warehouse club operator late on Wednesday said that fiscal third quarter net income rose 18%, aided by higher sales; nevertheless, adjusted earnings fell short of analysts’ estimation. Amid macroeconomic uncertainty, more and more U.S. consumers have been buying goods of daily needs at discounted prices at PriceSmart, which is reflected by consistent double digit quarterly revenue growth in last three years.
Continue reading Major Movers on July 11; PSMT, DHI, APOL, AMD, RMTI
Shares of D. R. Horton Inc. (NYSE: DHI) rallied on Friday after the America’s largest homebuilder by annual closings said that net income in the fiscal second quarter climbed more than three times thanks to robust home sales aided by solid recovery in the housing market and expects demand will remain strong in coming quarters.
Continue reading D.R. Horton Comfortably Beats Q1 Estimates (DHI)
Shares of D.R. Horton Inc. (NYSE: DHI) rallied about 6.20% by early trade after the homebuilder reported better-than-expected fiscal second quarter results.
Continue reading Major Movers on April 26; DHI, AMZN, BIDU, EXPE, FSL, JCP, CSTR
Shares of homebuilder, D.R. Horton Inc. (NYSE: DHI), edged up on Monday after the company reported fiscal fourth-quarter results that topped Street’s expectation.
Continue reading D. R. Horton Reports String Quarterly Results (DHI)