On Tuesday, KB Home (NYSE:KBH)’s shares declined -2.82% to $13.62.
KB Home (KBH), one of the nation’s largest and most recognized homebuilders, recently declared the grand opening of Cimarron Creek in Magnolia, a new community offering a great location, close to shopping and entertainment, and featuring great amenities for residents.
Cimarron Creek is conveniently located along FM 1488, just west of Cimarron Way and minutes from U.S. Highway 45, offering easy access to downtown Houston, in addition to to premium shopping, dining and entertainment at The Woodlands Mall and The Cynthia Woods Mitchell Pavilion. Residents will also enjoy planned community amenities, counting a recreation center, swimming pool and playground. Nearby Lake Windcrest Golf Course offers additional outdoor recreation opportunities.
Homebuyers at Cimarron Creek will have their choice of floor plans that range in size from 2,130 to 3,656 square feet, with up to five bedrooms and four bathrooms. Families with school-age children will be served by the highly-rated Magnolia School District.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home. The company also provides property and casualty insurance, in addition to earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, counting residential consumer mortgage loan originations to its homebuyers.
EnteroMedics Inc (NASDAQ:ETRM)’s shares gained 9.04% to $0.251.
EnteroMedics Inc. (ETRM), the developer of medical devices using neuroblocking technology to treat obesity, metabolic diseases and other gastrointestinal disorders, recently declared financial results for the three and six months ended June 30, 2015.
For the three months ended June 30, 2015, the Company stated its first U.S. sales of $79,000 with gross profits totaling $48,000. The Company stated a net loss of $7.4 million, or $0.10 per share, counting selling, general and administrative expenses of $4.9 million and research and development expenses of $2.5 million. For the six months ended June 30, 2015, the Company stated a net loss of $14.6 million, or $0.20 per share. Operating expenses were primarily associated with commercialization of the Company’s vBloc® Neurometabolic Therapy, counting marketing and reimbursement activities, the cost of supporting multiple ongoing clinical trials, and the continued development of vBloc Therapy delivered through the Company’s Maestro® Rechargeable System. On June 30, 2015, the Company’s cash, cash equivalents and short-term investments totaled $4.8 million. On July 8, 2015 the Company closed a public offering that generated net proceeds of about $14.7 million.
EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. The company’s proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. It develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness.
At the end of Tuesday’s trade, Allstate Corp (NYSE:ALL)‘s shares dipped -2.36% to $57.01.
Ride-hailing continues to grow in popularity; whether you’re a commuter looking for ways to save on transportation or protect the planet, or a driver trying to set your own plan and make some extra cash.
Drivers with Lyft are getting a new perk. Allstate Roadside Services (ARS), one of the nation’s leading providers of roadside assistance, is announcing it is offering 24/7 pay-per-use roadside assistance to drivers on the Lyft platform, if they find themselves needing assist while on the road.
Allstate Roadside Services has offered roadside assistance for more than 50 years. ARS administers roadside assistance through Allstate Motor Club.
The Allstate Corporation, through its auxiliaries, engages in the property-liability insurance and life insurance businesses in the United States and Canada. The companys Allstate Protection segment sells private passenger auto and homeowners insurance products under the Allstate, Encompass, Esurance brand names. It also provides specialty auto products, counting motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products comprising renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; roadside assistance products; and commercial products for small business owners, in addition to insurance agency services. In addition, this segment sells retirement and investment products, counting mutual funds, fixed and variable annuities, disability insurance, and long-term care insurance products. Further, it sells its products through contact centers and Internet.
Intuit Inc. (NASDAQ:INTU), ended its Tuesday’s trading session with -5.2% loss, and closed at $79.87.
Intuit Inc. (INTU) QuickBooks Connect is returning to San Jose, Calif., with notable names joining the main stage lineup, counting The Honest Company’s Jessica Alba, founder and chief creative officer, and Brian Lee, co-founder and chief executive officer, in addition to Sekou Andrews, entrepreneur and poetic motivational speaker. Intuit QuickBooks will present these and other speakers with the aim of inspiring attendees and sharing lessons for small business success. Attendees can register at www.QuickBooksConnect.com.
Taking place Nov. 2-4, QuickBooks Connect will unite thousands of entrepreneurs, small businesses, accountants and developers under one roof to get connected, educated and inspired via hands-on breakout sessions, engaging main stage presentations and unique networking opportunities. Building on the success of last year’s event, QuickBooks Connect will feature a dynamic agenda and experience designed to assist attendees’ businesses grow and succeed. Alba, Lee, Andrews and others yet to be declared will speak on Nov. 3 during the main stage event.
Intuit Inc. provides business and financial administration solutions for small businesses, consumers, and accounting professionals in the United States, Canada, the United Kingdom, Australia, India, and Singapore. The company’s Small Business segment provides QuickBooks financial and business administration online services and desktop software; QuickBooks technical support services; financial supplies; and small business payroll products and services.
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