Replies to post #325189 on Option Millionaires

[uranium-pinto-beans]

Shares of aluminum producer Alcoa Corp. (AA) tumbled 12.5% in midday trade Monday, putting them on track for the biggest one-day selloff in nine years, after the U.S. extended the deadline (http://www.marketwatch.com/story/treasury-extends-wind-down-period-for-dealing-with-aluminum-giant-rusal-2018-04-23) for dealing with United Co. Rusal . The Russia -based aluminum giant is controlled by Oleg Deripaska , who was sanctioned for his involvement in U.S. elections meddling. Trading volume has ballooned to 8.6 million shares, which is nearly double the full-day average. Alcoa's stock is on track for the biggest percentage decline since it plunged 14.2% on March 30, 2009 . The stock has lost 2.5% year to date, while the S&P 500 has gained less than 0.1%. Among other aluminum companies, Century Aluminum Co.'s stock (CENX) slumped 3.1% in midday trade and Kaiser Aluminum Corp. (KALU) shares shed 1.8%.

[crudeoil24]

KBH > UP 7% in PM > news > KB Home Earnings Rise, Beating Estimates
5:47 pm ET June 28, 2018 (Dow Jones) Print
By Nishant Mohan

KB Home (KBH) reported a rise in profit in the second quarter as growth in homebuilding revenue outpaced expenses.

Shares in the home builder gained 4% to $26.40 after-hours Thursday, adding to a 1.7% increase during regular trading. Shares had fallen 21% so far this year.

KB Home earned a profit of $57.3 million, or 57 cents a share, up 73% from a year earlier. Analysts polled by Thomson Reuters had expected earnings of 48 cents a share. Revenue rose 10% to $1.1 billion, ahead of analysts' estimates of $1.04 billion.

The company reported deliveries increased 5% to 2,717 homes as the average selling price rose 4% to $401,800. The company reported inventories rose 6% since November to $3.46 billion.

KB Home reported the operating income margin increased to 6.8% from 5% a year ago.

Write to Nishant Mohan at [e-mail]

(END) Dow Jones Newswires

June 28, 2018 17:47 ET (21:47 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.