Thread- $LEN (Lennar Corporation)

$LEN {{ '2015-12-18T13:26:35+0000' | timeago}} • Announcement

Miami-based $LEN said its backlog rose 14% to 6,646 homes in the quarter. Gross margin on home sales rose to 24.6% from 25.6% in 4Q14 and sequentially, it rose by 50 basis points from 3Q15. CEO Stuart Miller said that improving employment levels, wage growth and consumer confidence will contribute to the sector's steady recovery.

$ALGT {{ '2017-05-26T21:03:21+0000' | timeago}} • Announcement

$ALGT said Jude Bricker has resigned his position as Executive Vice President and Chief Operating Officer. Mr. Bricker will depart his position with $ALGT effective May 26, 2017. Scott Sheldon, Executive Vice President and Chief Financial Officer, will act as Interim Chief Operating Officer until a successor is selected.

$LL {{ '2017-05-26T20:57:13+0000' | timeago}} • Announcement

$LL has appointed Timothy J. Mulvaney as Senior Vice President, Chief Accounting Officer, who will report to Marty Agard, the company's Chief Financial Officer.

$AVA {{ '2017-05-26T20:49:47+0000' | timeago}} • Announcement

$AVA filed requests with the Washington Utilities and Transportation Commission to increase electric and natural gas rates. If approved, the electric general rate request is designed to increase annual revenues by $61.4MM, effective May 1, 2018. For natural gas, if approved, the request will increase annual billed revenues by $8.3MM or 5.4%.

$AVA {{ '2017-05-26T20:49:15+0000' | timeago}} • Announcement

$AVA filed a power cost rate adjustment request that would update and reset power supply costs included in billed rates with the Washington Utilities and Transportation Commission. If approved by the Commission, the request is designed to increase revenue by $15MM or 2.9%, effective Sept. 1, 2017.

$SHW {{ '2017-05-26T20:35:52+0000' | timeago}} • Announcement

$SHW received regulatory approval from the United States Federal Trade Commission and the Canadian Competition Bureau to complete its acquisition of $VAL. $SHW expects to close the acquisition on June 1, 2017, subject to customary closing conditions.

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