This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

KB Home, Xoma: Premarket Trading

(Premarket roundup updated with KB Home earnings results and updated share price movements.)
NEW YORK ( TheStreet) --

KB Home (KBH) reported fourth-quarter net income decline of about 82% to $17.4 million, or 23 cents a share, from $100.7 million, or $1.31 a share the previous year. Revenue fell about 33% to $451 million, from $674.6 million the previous year, on lower housing and land sale revenues. Analysts, on average, expected loss of 17 cents a share on revenue of $441.3 million.

Shares of the company rose 4% to $14.90 in prmarket trading.






Xoma (XOMA) released disappointing interim results Thursday from a phase IIa study of Xoma 052 in Type 2 diabetes.

Xoma fell 10% to $6.10.


Sara Lee (SLE) will follow through on plans to split its meat and coffee businesses into two separate companies after turning down Brazilian beef processor JBS SA's buyout offer, a report says.

Premarket quotes were unavailable for Sara Lee. Shares of Sara Lee ended Thursday's trading session flat at $17.46.






Liz Claiborne (LIZ) slashed its profit outlook following a weak December for its Lucky Brand, Juicy Couture and Mexx Europe brands. Liz Claiborne said it now projects the improvement in its adjusted operating income at $40 million to $50 million for the second half of fiscal 2010, which ended in December. Its previous view called for an improvement of $80 million.

Shares of Liz Claiborne tumbled 18.8% to $5.60 in premarket trading.


1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,048.93 -22.29 -0.13%
S&P 500 1,969.75 -8.05 -0.41%
NASDAQ 4,487.3880 -18.4640 -0.41%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs