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DR Horton Acquires Homebuilding Assets of Breland Homes
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
- Duration 0:55
- Date Aug 15, 2012
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
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And -- -- bank stops every fifteen minutes Nicole homebuilders.
A close look at -- DR Horton and that is because now they're out move and in May get another purchase here.
And made buying out -- and homes and so they make this acquisition of Portland homes new homes.
Is based in the gulf of Mississippi and also an Alabama.
And that this particular company will help them grow in those areas.
-- DC DR Horton right now is down.
About 2% of fourth airport was created in the late seventies back in Texas but that they continue to grow and they are the largest home -- in the -- -- -- US by the number of homes close so.
That's one thing that were taken a look at here in the homebuilding segment I just wanted to also take a look.
At the -- -- market averages right now the tech heavy NASDAQ Composite.
Continues to improve today you can see it's been trending higher all morning right now up nearly half -- percent and right now the Dow just down fractionally back to you.
-- Phillies take you some.