— PulteGroup, Inc. (NYSE: PHM) reported earnings of $1.14 per share in the fourth-quarter 2019, vs. $0.1.09 per share expected.
— Total revenue edged up 0.6% $3.02 billion, vs. $2.98 billion expected. Home sale revenues for Q4 increased 1% to $2.9 billion, reflecting a 2% spike in closings to 6,822 homes, partially offset by about a 1% decrease in ASP.
— Net new orders for the quarter increased 33%, while unit backlog rose 20%.
— Acquired the assets of Innovative Construction Group (ICG), an off-site solutions provider. ICG will remain a stand-alone operation.
— PHM stock ended its last trading session up 1.35% on Monday.
After starting the week on a positive note, major stock indexes witnessed volatility and slipped mid-week. Meanwhile, the S&P 500 index regained a part of the lost momentum and closed
The TJX Companies Inc. (NYSE: TJX) saw sales slightly drop during the third quarter of 2021 while earnings benefited from lower tax rates. Open-only comp store sales were down 5%
Value investors have long viewed the fintech industry as a gold mine of opportunities in the years to come, with payment processing services carrying a fair share of interest. Those