On Monday, Halliburton Company (NYSE:HAL)’s shares inclined 0.16% to $37.44.
For the sixth successive year, the Dow Jones Sustainability Indices (DJSI) identify Halliburton (HAL) as a leader in corporate sustainability. The company exceeded industry averages in the Economic, Environmental and Social Performance categories, maintaining its place in the DJSI World Index.
Halliburton’s continued commitment to advancing its global vision and aims for corporate responsibility and sustainability earned high rankings in several industry categories, and the company received industry best scores for:
- Codes of Conduct, Compliance, Corruption and Bribery
- Releases to the Environment
- Human Capital Development
Halliburton received a perfect score in the “Releases to the Environment” category.
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment provides production enhancement services, counting stimulation services and sand control services; and cementing services that comprise bonding the well and well casing, and casing equipment.
Lennar Corporation (NYSE:LEN)’s shares dropped -0.27% to $51.61.
Lennar Corporation (NYSE:LEN), one of the nation’s largest homebuilders, reported results for its third quarter ended August 31, 2015. Third quarter net earnings attributable to Lennar in 2015 were $223.3 million, or $0.96 per diluted share, compared to third quarter net earnings attributable to Lennar in 2014 of $177.8 million, or $0.78 per diluted share.
Stuart Miller, Chief Executive Officer of Lennar Corporation, said, “During the third quarter, the housing market continued to improve in its slow and steady manner, as demonstrated in the past few years. The new home and rental markets continued to have significant pent-up demand, which positions us well for years to come. This demand is driven primarily by a large production deficit built up over the last several years, an increasing millennial population, reasonable affordability levels and high-rental occupancy rates.”
RESULTS OF OPERATIONS
THREE MONTHS ENDED AUGUST 31, 2015 CONTRAST TO THREE MONTHS ENDED AUGUST 31, 2014
Lennar Homebuilding
Revenues from home sales raised 22% in the third quarter of 2015 to $2.2 billion from $1.8 billion in the third quarter of 2014. Revenues were higher primarily due to a 16% enhance in the number of home deliveries, not taking into account unmerged entities, and a 5% enhance in the average sales price of homes delivered. New home deliveries, not taking into account unmerged entities, raised to 6,314 homes in the third quarter of 2015 from 5,450 homes in the third quarter of 2014. There was an enhance in home deliveries in all of the Company’s Homebuilding segments, except in Southeast Florida and in Homebuilding Other. The average sales price of homes delivered raised to $350,000 in the third quarter of 2015 from $332,000 in the third quarter of 2014. Sales incentives offered to homebuyers were $20,700 per home delivered in the third quarter of 2015, or 5.6% as a percentage of home sales revenue, contrast to $20,400 per home delivered in the third quarter of 2014, or 5.8% as a percentage of home sales revenue, and $21,500 per home delivered in the second quarter of 2015, or 5.8% as a percentage of home sales revenue.
Lennar Corporation, together with its auxiliaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto, and Lennar Multifamily segments.
At the end of Monday’s trade, Johnson Controls Inc (NYSE:JCI)‘s shares surged 0.42% to $40.67.
Johnson Controls, (JCI), declared it is planning to reduce its global salaried workforce by as many as 3,000 people, or 2.5% of total employees, through comprehensive initiatives designed to ultimately deliver up to $250 million in annual cost savings. These actions will occur over the next two years.
In its third quarter earnings declaration, the company declared it was initiating a comprehensive cost saving program to address existing costs. Productivity improvements continue to be realized through the ongoing implementation of the Johnson Controls Operating System (JCOS) which is lowering annual operating expenses through standardization, simplification and waste reduction across the company.
Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.
Amazon.com, Inc. (NASDAQ:AMZN), ended its Monday’s trading session with 1.50% gain, and closed at $548.39.
(AMZN)—Last year, Amazon introduced Fire HD Kids Edition at $149—and parents and kids alike loved it. Amazon is making it even more affordable—Fire Kids Edition comes with an all-new Fire tablet, an updated kid-proof case, one year of Amazon FreeTime Unlimited, 20,000 hand-curated and age-appropriate websites and YouTube videos, and our same 2-year worry-free guarantee. Fire Kids Edition is a total value of over $200, and available for pre-order starting today for just $99.99.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers.
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