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Lennar Announces Final Results of Exchange Offer
Prnewswire· 2025-11-26 13:00
Accessibility StatementSkip Navigation Because the Exchange Offer was oversubscribed, Lennar accepted only a portion of the shares of Lennar Class A common stock that were validly tendered and not validly withdrawn, on a pro rata basis in proportion to the number of shares tendered. Stockholders who owned fewer than 100 shares of Lennar Class A common stock, or an "odd-lot," who have validly tendered all of their shares, were not subject to proration, in accordance with the terms of the Exchange Offer. All ...
Stock Index Futures Gain on Fed Rate-Cut Optimism, U.S. Economic Data on Tap
Yahoo Finance· 2025-11-26 11:15
Economic Data and Market Reactions - U.S. retail sales rose by +0.2% month-over-month in September, below expectations of +0.4% [3] - Core retail sales, excluding motor vehicles and parts, grew by +0.3% month-over-month, meeting expectations [3] - The U.S. Conference Board's consumer confidence index fell to a 7-month low of 88.7 in November, lower than the expected 93.5 [3] - Job losses are accelerating, with U.S. companies shedding an average of 13,500 jobs per week in the four weeks ending November 8th [3] - Wall Street's major indexes closed higher, with Keysight Technologies rising over +10% after positive FQ4 results and guidance [4] - Applied Materials advanced +5% following an upgrade from UBS [4] - Homebuilder stocks surged as the 10-year T-note yield fell to a 3.5-week low [4] Federal Reserve Expectations - December S&P 500 E-Mini futures are up +0.34%, and Nasdaq 100 E-Mini futures are up +0.42%, driven by expectations for a Federal Reserve rate cut [5] - U.S. rate futures indicate an 80.8% chance of a 25 basis point rate cut at December's meeting [5] - The Fed's Beige Book survey is expected to highlight weakness in employment and economic activity [8] Upcoming Economic Indicators - Durable Goods Orders and Core Durable Goods Orders data for September are anticipated, with expectations of +0.5% and +0.2% month-over-month increases, respectively [6] - Initial Jobless Claims are estimated at 226K, compared to last week's 220K [7] - The Chicago PMI for November is forecasted at 44.3, up from 43.8 [7] - The EIA's weekly crude oil inventories report is expected to show a decrease of -1.3 million barrels [7] International Market Developments - The Euro Stoxx 50 Index is up +0.41%, supported by expectations for a Fed rate cut and progress in Ukraine peace talks [10] - Japan's Nikkei 225 closed higher, influenced by U.S. stock gains and expectations of more Fed rate cuts [13] - China's property market faces challenges, particularly with state-backed China Vanke, while AI-related stocks are advancing due to Alibaba's investment plans [12]
Toll Brothers Offering Sneak Peek Tours of Woodinville Square Model Homes in Woodinville, Washington
Globenewswire· 2025-11-25 20:06
Core Insights - Toll Brothers, Inc. is launching a new luxury townhome community named Woodinville Square in the Seattle area, with exclusive sneak peek tours available before the public grand opening on January 17, 2026 [1][2]. Group 1: Community Features - Woodinville Square features luxury townhomes with 3-bedroom, 3.5-bathroom designs, and floor plans ranging from 1,510 to over 2,017 square feet [2]. - Homes include one- or two-car garages, 3 to 4 stories, and select models offer serene rooftop decks, with pricing starting from the mid-$800,000s [2][4]. Group 2: Location and Accessibility - The community is situated in downtown Woodinville, providing direct access to the 42-mile Eastrail trail system, connecting to Kirkland, Bellevue, and Redmond [4]. - Residents will be close to The Schoolhouse District, which offers retail, dining, and wine tasting rooms, and is minutes away from upscale shopping and entertainment in Bothell and Kirkland [4]. Group 3: Educational Benefits - Residents will be part of the top-rated Northshore School District, with access to Hollywood Hill Elementary, Leota Middle School, and Woodinville High School [5]. Group 4: Company Background - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the U.S., founded in 1967 and publicly traded since 1986 [7]. - The company operates in over 60 markets across 24 states and the District of Columbia, offering a range of housing options for various buyer segments [8].
Lennar’s (LEN) Reality Looks Ugly—But Quant Traders Are Targeting THIS Options Spread
Yahoo Finance· 2025-11-25 18:30
Daredevil investors looking for a massive payout in the options market may want to consider Lennar Corp (LEN). As a homebuilder, Lennar has struggled amid a challenging economic environment mired by high prices and elevated borrowing costs. Circumstances got a bit uglier up until recently, when the market pegged very low odds for a December interest rate cut. However, an unexpected pivot may change the narrative for LEN stock. On Monday, the U.S. dollar index slipped slightly lower amid dovish commentary ...
These 3 Housing Stocks Are Laying the Foundation for a Comeback
Yahoo Finance· 2025-11-25 14:34
Wood construction of porch in progress. Key Points The housing market is beginning a slow recovery, with improvement expected to strengthen in 2026. D.R. Horton, Lowe’s, and Whirlpool are positioned to benefit from this rebound through volume growth, capital returns, and institutional support. Analyst and institutional sentiment signal long-term upside potential for these undervalued stocks. Interested in D.R. Horton, Inc.? Here are five stocks we like better. The housing market is still in rough s ...
Are Wall Street Analysts Predicting NVR, Inc. Stock Will Climb or Sink?
Yahoo Finance· 2025-11-25 14:19
Reston, Virginia-based NVR, Inc. (NVR) operates as a homebuilder in the U.S. Valued at $20.6 billion by market cap, the company builds single-family detached homes, town homes, and condominium buildings under the Ryan Homes, NVHomes, and other trade names. NVR provides a number of mortgage-related services to its homebuilding customers and to other customers through its mortgage banking operations. Shares of this homebuilding giant have underperformed the broader market over the past year. NVR has decline ...
New Strong Sell Stocks for Nov. 25
ZACKS· 2025-11-25 11:57
Group 1 - Alamo Group Inc. (ALG) designs and manufactures high-quality agricultural equipment and provides infrastructure maintenance, with a nearly 10% downward revision in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Bath & Body Works, Inc. (BBWI) specializes in home fragrance, body care, soaps, and sanitizers, experiencing a 2% downward revision in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Beazer Homes USA, Inc. (BZH) constructs single and multi-family homes, with a significant 14.7% downward revision in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]
Taylor Morrison: Attractive Valuation And Order Rebound Should Drive Good 2026 Upside
Seeking Alpha· 2025-11-25 01:51
Core Viewpoint - Taylor Morrison (TMHC) is positioned for significant growth as the interest rate cycle reverses and the housing market improves, with expectations of increased order activity in 2026 due to declining mortgage rates [1] Company Summary - The company is expected to benefit from a favorable shift in the housing market as mortgage rates decline, which should lead to an uptick in order activity [1] Industry Summary - The housing market is anticipated to turn positively as interest rates begin to decrease, creating a conducive environment for companies like Taylor Morrison to experience growth [1]
Century Communities Reveals New Homes Coming Soon to Davis, CA
Prnewswire· 2025-11-24 18:54
Accessibility StatementSkip Navigation Harvest Glen will offer versatile lineup of floor plans in charming spot near UC Davis and Sacramento DAVIS, Calif., Nov. 24, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—revealed the Company is developing a new community in Davis, CA called Harvest Glen, set to feature a versatile lineup ...
Lennar Announces Preliminary Results of Exchange Offer
Prnewswire· 2025-11-24 13:00
Core Points - Lennar Corporation announced that its Exchange Offer for Millrose Properties, Inc. Class A stock was oversubscribed, with 91,972,752 shares of Lennar Class A common stock validly tendered [1][3] - The final exchange ratio was set at 4.1367 shares of Millrose Class A common stock for each share of Lennar Class A common stock tendered [2][15] - Due to the oversubscription, only a portion of the tendered shares will be accepted on a pro rata basis, with approximately 7.97% of the tendered shares expected to be exchanged [4][5] Exchange Offer Details - The Exchange Offer expired on November 21, 2025, with a guaranteed delivery period extending until November 25, 2025 [1] - Stockholders who tendered fewer than 100 shares will not be subject to proration [4] - The total number of shares accepted in the Exchange Offer was 8,049,596 [7] Financial Implications - Shares of Lennar Class A common stock that were not accepted will be returned to stockholders in book-entry form [6] - The Exchange Agent will credit shares of Millrose Class A common stock to accounts of tendering stockholders whose shares were accepted [6] - Checks for fractional shares will be delivered after aggregation and sale in the open market [6]