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Dec 19, 2013
12/13
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KICU
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profit growth of 14% but ground shipping revenue slipped on lower express freight revenue.home builder lennar reported revenues that jumped 42% as the housing market continues to recover.and general mills missed earnigs expectations. however the maker of cheerios did note a sales gain from china, canada, and latin america. agriculture giant a-d-m is chicago bound. the company will move its corporate headquarters to chicago from decatur illinois, about three-hours south.fifty-to-75 of its executives will make the move. the company decided to stay in illinois despite a lack of approval from lawmakers on a bill that included 30 million dollars in tax breaks for the company. some feared the inaction would force a-d-m to move out of the land of lincoln. a full plate of news is coming from the food industry. in washington ... lawmakers are attempting to ban chicken from china in u.s. school lunches. lawmakers contend chinese food standards are lax. whole foods is cleaning up its yogurt aisle.the grocer is ditching popular chobani greek yogurt for a smaller brand-- free of genetically modified ingre
profit growth of 14% but ground shipping revenue slipped on lower express freight revenue.home builder lennar reported revenues that jumped 42% as the housing market continues to recover.and general mills missed earnigs expectations. however the maker of cheerios did note a sales gain from china, canada, and latin america. agriculture giant a-d-m is chicago bound. the company will move its corporate headquarters to chicago from decatur illinois, about three-hours south.fifty-to-75 of its...
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Dec 18, 2013
12/13
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FBC
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and then the home builder lennar, the stock up 4%.s, they say that ingredient costs are going up and the stock is 2%. 3 c1 and super bowl 48 less than two months away. a lot of people who live near the game are trying to rent their homes. home away lists your home and helps you rent it out. joining us is the ceo of home away and see if i've got it right. i've got a house near the stadium in new jersey and i put that house on your website. i advertise it on your website and you try to rent it out for me. you take a piece of the rental price if i successfully rent it, is that right? >> well, that's true. historically, most people are renting it for a year and pay a subscription fee. recently we have a way for people to list where they pay a flat 10% and that tends to work well for events like the super bowl in new jersey. stuart: i want some examples for the people who do not live near new jersey. i want you to show me what do i get for, say, $1500 a night? >> well, i don't know if our folks have cued up pictures. stuart: they have. >>
and then the home builder lennar, the stock up 4%.s, they say that ingredient costs are going up and the stock is 2%. 3 c1 and super bowl 48 less than two months away. a lot of people who live near the game are trying to rent their homes. home away lists your home and helps you rent it out. joining us is the ceo of home away and see if i've got it right. i've got a house near the stadium in new jersey and i put that house on your website. i advertise it on your website and you try to rent it...
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Dec 18, 2013
12/13
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CNBC
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, among others, are all much higher today leading the s&p 500. >> lennar which is the number three u.s. home builder reported a 13% jump in quarterly orders and the great number on housing startses so it certainly is building the case for a stable housing market going into 2014. >> all right. let's go to pimco founder and co-cio bill gross joining us on "street signs." bill, you read the fed's decision, you heard all the arguments, what's your take? >> well, brian, we had it 60/40 in terms of a taper and that doesn't sound like much but like i told our invest ment committee yesterday, 60/40 can make a lot of casinos rich and we had it on the right side. >> i'm not going to vegas on that. >> not good enough odds. >> put it this way, pimco's tony said today if the fed brings a lump of coal in the form of taper they better bring some candy canes as well to keep us little investor kids happy and that appears to be what they've done with the language and the well past taper language in terms of the policy rate. >> it's great to have the uncertainty removed, isn't it? markets hate uncertainty. this at lea
, among others, are all much higher today leading the s&p 500. >> lennar which is the number three u.s. home builder reported a 13% jump in quarterly orders and the great number on housing startses so it certainly is building the case for a stable housing market going into 2014. >> all right. let's go to pimco founder and co-cio bill gross joining us on "street signs." bill, you read the fed's decision, you heard all the arguments, what's your take? >> well,...
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Dec 19, 2013
12/13
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CNBC
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. >>> then at 6:50 eastern time, the chairman and ceo of on home builder giant lennar, and guess who is on set with me now, too. >> i'm here. surviving. low profile tire. . >> yeah, i am here. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this is humira, adalimumab. this is humira working to help relieve my pain. this is humira helping me through the twists and turns. this is humira helping to protect my joints from further damage. doctors have been prescribing humira for over ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. for many adults, humira is proven to help relieve pain and stop further joint damage. humira can lower your a
. >>> then at 6:50 eastern time, the chairman and ceo of on home builder giant lennar, and guess who is on set with me now, too. >> i'm here. surviving. low profile tire. . >> yeah, i am here. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with...
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Dec 18, 2013
12/13
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CNBC
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economic data this morning showed that builders broke ground on homes at the fastest pace in nearly six years. separately, america's third biggest homebuilder, lennarrted earnings and sales that both beat analysts' expectations, and it said the average selling price for the new homes jumped 18%. that's helping the likes of fellow builders, pulte and d.r. horton. back over to you, scott. >> murph, lennar, trade the homebuilders for me, in the context of the numbers and the number that matters most, it appears, and the 10-year yield. >> i think now the setup is a lot different. toll came out with strong earnings about a week and a half ago, and the stock rallied premarket, and then sold off. told, you have very similar strong earnings from lennar and the stock is holding its gains. i think it has less to do with the 10-year and a lot more to do with the data we got this morning on housing. over 1 million houses planned for next year. that's a big number. a lot of these homebuilders will be able to benefit from that. one way, i'm looking at some of the lower, call them second-tier homebuilders here, something that's come up on the screen, a name we're
economic data this morning showed that builders broke ground on homes at the fastest pace in nearly six years. separately, america's third biggest homebuilder, lennarrted earnings and sales that both beat analysts' expectations, and it said the average selling price for the new homes jumped 18%. that's helping the likes of fellow builders, pulte and d.r. horton. back over to you, scott. >> murph, lennar, trade the homebuilders for me, in the context of the numbers and the number that...
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Dec 14, 2013
12/13
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CNBC
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builders not doing that well? i mean these stocks were fantastic performers and done nothing since then. lennar down 9% for the year. when it reports i bet it will be really good. so was tolls. when toll reported earlier this week, and while the stock initially jumped into the red when the managers said the sales had just been okay. these stocks don't seem to have believers left and they are considered public enemy number one when it comes to taper. be careful if lennar opens up because it could be a toll and head back down. after the close we hear from many executives i talked to at the last month's conference regarded as the evil empire oracle. this used to be from so much legacy business that i doubt it can be stocked right now, but i sure don't want to own it in a world where the technology has moved on and away from them. i want you to go to the archives and read or watch just about every interview i have. i don't like meta data which yo will hear from. thursday brings more food news. this is from conagra. they bit off more than it could chew when it bought world corps. i want to hear thin
builders not doing that well? i mean these stocks were fantastic performers and done nothing since then. lennar down 9% for the year. when it reports i bet it will be really good. so was tolls. when toll reported earlier this week, and while the stock initially jumped into the red when the managers said the sales had just been okay. these stocks don't seem to have believers left and they are considered public enemy number one when it comes to taper. be careful if lennar opens up because it...
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Dec 18, 2013
12/13
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CNBC
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builders. >> now it's just it. i already did. >> take a look at the moves here. take a look, for instance, at lennar, housing start payments, highest level since february of 2008. rising rates would kill the housing trade. guy, now you can say mohawk. >> that's what i wanted originally. i sort of jumped the gun, mohawk. we talked about this a while. had a huge move. that's the name we'd like for a while like mohawk and very quietly, if you look, home depot is creeping back to the all time high levels. it looked like the stock is fading. >> we talked last night in the pops and drops, these guys popped a little today. those numbers on new homes were unbelievable. they certainly reaffirm what the index told you the day before. you will get numbers tomorrow morning. ultimately, if you look where their growth lies. these guys are doing enormous volume in the south and west. you can stand this trade over the next couple days. >> i looking to come to the new year, you will see a breakout of 22 out of this range it has been in, the last few months, especially when you see this movement lennar and toll broth
builders. >> now it's just it. i already did. >> take a look at the moves here. take a look, for instance, at lennar, housing start payments, highest level since february of 2008. rising rates would kill the housing trade. guy, now you can say mohawk. >> that's what i wanted originally. i sort of jumped the gun, mohawk. we talked about this a while. had a huge move. that's the name we'd like for a while like mohawk and very quietly, if you look, home depot is creeping back to...
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Dec 18, 2013
12/13
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CNBC
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a strong day for the home builders here, after better than expected fourth quarter earnings from the likes of lennarte, toll brothers, all of them. individual stocks, jabil plunging after they announced they will fall short of analyst expectations. they sent apple shares lower today. overall, lots of movement here, whether it be fed-related or not. back over to you. >> i guess if anything, you can buy apple as a noncorrelated asset. thank you. >>> with fed planning to scale become bond buying program next month, what does that mean for investing in 2014? how does it it change the equation? joining me with his take, famed investor, john calamos, joining us from illinois. great to have you with us. welcome. >> good to be here, kelly. >> the first thing people wanted to know right off the bat is what does this mean for stocks here in the u.s.? how does the rest of the world react? and how do you position for 2014? >> i think it's positive. obviously, the market is feeling that way today. but the tapering seems to be a longer term. it's not a quick reaction. mr. bernanke talked about doing it over the y
a strong day for the home builders here, after better than expected fourth quarter earnings from the likes of lennarte, toll brothers, all of them. individual stocks, jabil plunging after they announced they will fall short of analyst expectations. they sent apple shares lower today. overall, lots of movement here, whether it be fed-related or not. back over to you. >> i guess if anything, you can buy apple as a noncorrelated asset. thank you. >>> with fed planning to scale...
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Dec 18, 2013
12/13
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FBC
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lennar is over 3% and other names 1.8%. much like pulte group. winning group overall where a market on the unchanged line and home builders are moving up and away.200%, it has been crazy. appreciate it. dennis: google introducing a new feature for the google glass allowing users to take photos by winking. the tech giant including linking was a faster and more seamless option than voice command or pressing a button. the new version by the consumer friendly name x the 12 include the screen lock feature and ability to load content to useto. google glass expected to rollout next year providing the perfect attention getting accessory for geeks who might otherwise never get noticed at all. would get shares of google down $2. cheryl: one for every one. emt entertainment looking at stocks, actually popping. it is actually higher by more than 8%. joline kent coming up with the inside scoop for the long-awaited ipo. dennis: from amc entertainment, cable channel getting sued by the creator of the number-1 show in cable walking did. details in your mediaaminute. let's look how the world currencies are faring, the u.s. dollar is strong. ♪ hmm. mm-hmm. [ engi
lennar is over 3% and other names 1.8%. much like pulte group. winning group overall where a market on the unchanged line and home builders are moving up and away.200%, it has been crazy. appreciate it. dennis: google introducing a new feature for the google glass allowing users to take photos by winking. the tech giant including linking was a faster and more seamless option than voice command or pressing a button. the new version by the consumer friendly name x the 12 include the screen lock...