KB Home (NYSE:KBH), one of the nation’s largest and most recognized homebuilders, announced that development has commenced at Oakwood North, a new community of 39 single-family homes the builder is constructing in the heart of Raleigh. With a grand opening planned for May, KB Home’s Oakwood North will give homebuyers an exclusive opportunity to own a spacious, Built to Order(TM) home in a well-established Raleigh location. KB Home (NYSE:KBH) shares after opening at $17.60 moved to $17.98 on last trade day and at the end of the day closed at $17.85. Company price to sales ratio in past twelve months was calculated as 0.76 and price to cash ratio as 5.34. KB Home (NYSE:KBH) showed a positive weekly performance of 7.72%.
The Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) is poised to report the first profit in its 21-year history as a public company, evidence the fuel-cell maker isn’t heading for a repeat of the 2000 technology bust. Chief Executive Officer John Sheridan, who retires at the end of 2014 after nine years as CEO, has focused on fuel cells for buses, forklifts and telecommunications towers, shifting away from car clients like Ford Motor Co. and Daimler AG. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) shares advanced 8.46% in last trading session and ended the day on $4.87. BLDP return on equity ratio is recorded as -57.70% and its return on assets is -28.60%. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) yearly performance is 423.66%.
Cemex SAB de CV (ADR) (NYSE:CX), a global company which produces building materials in more than 50 countries, recently launched its new, eco-friendly and innovative product in the UK. This new product is called Readybrick. With Readybrick, the home builders are getting a better alternative for the clay bricks which are made in kiln fire. The traditional clay bricks are presently low in supply so the Readybrick is completing the demands of home builders.Cemex SAB de CV (ADR) (NYSE:CX) shares moved up 2.76% in last trading session and was closed at $13.04, while trading in range of $12.65-$13.05. Cemex SAB de CV (ADR) (NYSE:CX) year to date performance is 10.23%.
General Electric Company (NYSE:GE)’s Healthcare unit is recalling baby warmers in China due to concerns of safety after Beijing tightened supervision on medical device division. General Electric Company (NYSE:GE) Healthcare has recalled as many as 223 high tech infant warmers after a potential threat in its device was discovered by China Food and Drug Administration (CFDA). The hundreds of baby warmers GE is to retract have the probable hazard of cutting off oxygen supply to the infant. The warmers were manufactured under the brand names of “Giraffe” and “Panda” and were designed to leverage body temperature and regulate air flow inside the cots.General Electric Company (NYSE:GE) weekly performance is 1.64%. On last trading day company shares ended up $26.04. General Electric Company (NYSE:GE) distance from 50-day simple moving average is 2.69%. Analysts mean target price for the company is $28.73.
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