Want to join the conversation?
For 4Q15, $DHI's Homebuilding revenue rose 28% to $3.1Bil compared to a year ago and FY15 revenue increased 34% versus FY14. Homes closed in the quarter increased 23% and 28% for FY15 compared to their respective periods. The Company ended the year with $1.4Bil of homebuilding unrestricted cash & gross homebuilding debt to total capital of 36.1%.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.