On Monday, Shares of PulteGroup, Inc. (NYSE:PHM), gained 0.05% to $19.90.
PulteGroup, will present at the J.P. Morgan Homebuilding & Building Products Conference on Tuesday, May 19, 2015, at 9:20 a.m. (ET).
PulteGroup, Inc., through its auxiliaries, engages in the homebuilding business; mortgage banking operations; and title operations in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on land.
Shares of Oasis Petroleum Inc. (NYSE:OAS), inclined 0.81% to $17.36, during its last trading session, after analysts at Topeka Capital Markets raised their price target to $24 from $20 and raised their 2015 earnings estimate to 69 cents per share from 67 cents per share.
The firm reiterated its “buy” rating.
Additionally, a company executive said that Oasis Petroleum is making “good money” at $60 a barrel, but while higher oil prices offer more flexibility, the company has not decided yet to ramp up activity, Reuters stated.
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.
At the end of Monday’s trade, Shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU), gained 0.13% to $15.47.
Fiat Chrysler Automobiles, declared that effective June 30, 2015, Pietro Gorlier is designated Chief Operating Officer Components reporting directly to the Chief Executive Officer Sergio Marchionne. Mr. Gorlier will also retain his current responsibilities as Head of Parts & Service (MOPAR) and member of the Group Executive Council.
Mr. Gorlier will succeed Eugenio Razelli, who elected to leave the Group after several years of dedicated service. “We extend our sincere appreciation to Eugenio for his leadership and contribution to the organization,” said Sergio Marchionne.
Pietro Gorlier is Head of Parts & Service (MOPAR) and a member of the Group Executive Council (GEC) since September 1, 2011. He joined the Group in 1989 in Iveco and held various positions in Logistics, After Sales, and Customer Care before joining the automobile business in 2006 in Network Development. He holds a Master of Economics from the University of Turin.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
Finally, DR Horton Inc. (NYSE:DHI), ended its last trade with 0.57% gain, and closed at $26.46, despite the two point drop in homebuilder confidence for the month of May.
The National Association of Home Builders/Wells Fargo released data showing homebuilder confidence fell to 54 in May from 56 in April.
Economists polled by Thomson Reuters were expecting confidence to rise to 57.
The views on current sales of single-family homes assisted lead the gauge down, MarketWatch reports, adding that builders are remaining upbeat as readings above 50 mean that home construction companies are optimistic about sales trends.
D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 79 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, and Crown Communities.
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