— Lennar Corporation (NYSE: LEN) reported Q4 2019 earnings of $2.13 per share, vs. $1.90 expected.
— Revenues grew 8% to $7 billion, vs. $6.5 billion expected.
— Deliveries rose 16% to 16,420 homes.
— New orders were up 23% to 13,089 homes.
— New orders dollar value grew 23% to $5.2 billion.
— Backlog totaled 15,577 homes.
— Backlog dollar value fell 4% to $6.3 billion.
— Revenues from home sales increased 8% to $6.4 billion.
It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied
Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the
Cisco Systems Inc. (NASDAQ: CSCO) is the undisputed leader in networking technology, but its core business has been facing challenges over the past few years. While the company faces stiff