Housing, Airlines, Coffee
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 8 January 2020
⏱️ 15 minutes
🧾️ Download transcript
Summary
Lennar, the #2 homebuilder in the U.S., closes out the fiscal year with a strong 4th quarter. Boeing’s stock falls in the wake of a deadly crash. Luckin Coffee announces a secondary offering and a move into vending machines. Bill Mann analyzes those stories, shares details about his recent trip to Australia, and discusses the new collective noun for economists.
Transcript
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| 0:00.0 | It's Wednesday, January 8th. |
| 0:03.8 | Welcome to Market Flory. |
| 0:05.0 | I'm Chris Hill with me in studio, Bill Mann. |
| 0:07.0 | Good to see you. |
| 0:08.0 | How are you, my friend? |
| 0:09.0 | Happy New Year. |
| 0:10.0 | I'm, as you know from the fall start we just had I'm not caffeinated. |
| 0:14.0 | When do you stop saying happy new year? I mean obviously February is too late. |
| 0:19.0 | I think you get to like pretty soon like in the next day or two I think once you get to |
| 0:24.1 | double digits in January it's like okay we've I felt like this was okay since this is |
| 0:27.8 | my first time on for the for the new year so absolutely happy new year |
| 0:32.2 | everyone but next week don't pull this that's right for the new year. So, happy new year everyone. |
| 0:32.8 | But next week, don't pull this. |
| 0:36.0 | We've got two very different announcements from the same company. |
| 0:39.4 | We have a group of economists to consider, but we're going to start today with housing. |
| 0:43.7 | Lenar, the number two home builder in the US reported fourth quarter results. |
| 0:48.4 | Profit and revenue both came in higher than expected. |
| 0:50.9 | Lenar also bumped up their guidance for the number of homes it expects to deliver in 2012. |
| 0:56.2 | This is a really good way to end the fiscal year. |
| 0:58.5 | It's a boomer of a story. |
| 0:59.9 | They were supposed to turn, they were supposed to report expected report about |
| 1:03.7 | 6.5 billion in in revenue and they came in at about 7 billion which that's a lot |
... |
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