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Lennar CorporationLEN
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Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States.

It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments.

The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.

It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans.

In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers.

Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Latest News >
Market Chatter: US Expected to Propose Chinese Software Ban in Self-Driving Vehicles
Market Chatter: US Expected to Propose Chinese Software Ban in Self-Driving Vehicles
Aug 5, 2024
07:09 AM EDT, 08/05/2024 (MT Newswires) -- The US Commerce Department is planning to propose banning Chinese software in American self-driving vehicles with Level 3 automation and above, Reuters reported Sunday, citing people briefed on the matter. The Biden administration is also expected to propose prohibiting Chinese-developed advanced wireless communications abilities modules from driving on US roads, the report said....
Sonic Automotive Q2 Earnings, Revenue Fall; Announces Quarterly Dividend
Sonic Automotive Q2 Earnings, Revenue Fall; Announces Quarterly Dividend
Aug 5, 2024
07:11 AM EDT, 08/05/2024 (MT Newswires) -- Sonic Automotive ( SAH ) reported Q2 adjusted earnings Monday of $1.47 per diluted share, down from $1.83 a year earlier. Analysts polled by Capital IQ expected $1.38. Revenue for the quarter ended June 30 was $3.45 billion, down from $ 3.65 billion a year earlier. Analysts surveyed by Capital IQ expected $3.56...
Honeywell Automation India's Q1 profit jumps on order execution
Honeywell Automation India's Q1 profit jumps on order execution
Aug 5, 2024
BENGALURU (Reuters) - Engineering firm Honeywell Automation reported higher first-quarter profit on Monday, aided by execution of existing orders. The Indian unit of U.S.-based Honeywell International reported a profit of 1.37 billion rupees (around $16 million), compared to 1.03 billion rupees a year ago. Execution of legacy projects and stable costs helped boost earnings of Honeywell, analysts said. The company...
Royal Philips Plans to Repurchase Up to $136.8 Million in Shares
Royal Philips Plans to Repurchase Up to $136.8 Million in Shares
Aug 5, 2024
07:10 AM EDT, 08/05/2024 (MT Newswires) -- Royal Philips (PHG) said Monday it will repurchase up to 125 million euros ($136.8 million) in common shares to cover a portion of its obligations under long-term incentive plans. The company estimates the buyback to include about 4.8 million shares based on its current share price. Price: 27.67, Change: -0.81, Percent Change: -2.84...
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