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Morning Watch List: DR Horton Inc. (NYSE:DHI), National Bank of Greece (ADR) (NYSE:NBG), Old National Bancorp. (NASDAQ:ONB), LightPath Technologies, Inc. (NASDAQ:LPTH), ICE

Morning Watch List: DR Horton Inc. (NYSE:DHI), National Bank of Greece (ADR) (NYSE:NBG), Old National Bancorp. (NASDAQ:ONB), LightPath Technologies, Inc. (NASDAQ:LPTH), ICE
Written by
Charles Donlon
Published on
November 13, 2014
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D.R. Horton Inc. (NYSE:DHI), the largest U.S. homebuilder, reported better-than-expected quarterly revenue and said orders jumped 38 percent, suggesting an uptick in housing demand. The company, which caters to people buying their first or second homes, said the number of homes sold rose 25 percent to 8,612 in the fourth quarter ended Sept. 30. DR Horton Inc. (NYSE:DHI) belongs to Industrial Goods sector. Its net profit margin is 8.50% and weekly performance is 6.66%. On last trading day company shares ended up $24.01. DR Horton Inc. (NYSE:DHI) distance from 50-day simple moving average (SMA50) is 10.63%. National Bank of Greece SA (NYSE:NBG) sank to a lifetime low after it said Wednesday it will proceed with a secondary offering of existing shares in Finansbank, currently held by NBG, of a nominal value of TL 80 million, corresponding to 2.25% of the paid-in capital of Finansbank. NBG will also grant an overallotment option. National Bank of Greece (ADR) (NYSE:NBG) shares moved down -5.45% in last trading session and ended the day at $2.08. NBG return on assets is 1.00%. National Bank of Greece (ADR) (NYSE:NBG) quarterly performance is -35.40%. On 27 October 2014, Old National Bancorp (NASDAQ:ONB) reported 3rd quarter 2014 net income of $29.1 million, or $.26 per share. Benefitting current quarter results was $34.3 million of accretion income which was partially offset by a $19.1 million adjustment to our FDIC indemnification asset. Accretion income was particularly high during the third quarter due to the successful resolution of two large loans that had been acquired in the Company's FDIC-assisted acquisition of Integra Bank. Also included in the current quarter were $3.6 million of pre-tax merger and integration expenses. These quarterly results represent an increase of 44.4% over the earnings per share of $.18 recorded in the 2nd quarter of 2014 and a 13.0% increase over the earnings per share of $.23 in the 3rd quarter of 2013. Included in 2nd quarter 2014 results were $6.3 million of merger and integration expenses, a $10.5 million unfavorable change in the indemnification asset and $17.6 million in accretion income. Included in 3rd quarter 2013 results were $2.4 million of merger and integration expenses, a $2.1 million unfavorable change in the indemnification asset and $13.1 million in accretion income. On 12 November, Old National Bancorp. (NASDAQ:ONB) shares moved up 1.28% and was closed at $15.02. ONB EPS growth in last 5 year was 1.00%. Old National Bancorp. (NASDAQ:ONB) year to date (YTD) performance is 0.13%. Optical components manufacturer LightPath Technologies Inc. (NASDAQ:LPTH) reported a decline in revenues in the first quarter of its fiscal 2015, citing ups and downs in the Asian market, where it recently expanded. Revenues were $2.6 million, down 7 percent from $2.8 million for the first quarter of fiscal 2014. Net loss was $579,000, compared to net loss of $80,000 in the first quarter of fiscal 2014. LightPath Technologies, Inc. (NASDAQ:LPTH) ended the last trading day at $1.18. Company weekly volatility is calculated as 3.60% and price to cash ratio as 21.08. LightPath Technologies, Inc. (NASDAQ:LPTH) showed a weekly performance of -12.59%. Intercontinental Exchange Inc. (NYSE:ICE) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.01 by $0.14. The company had revenue of $745.00 million for the quarter, compared to the consensus estimate of $743.92 million. During the same quarter in the prior year, the company posted $1.97 earnings per share. The company’s quarterly revenue was up 120.4% on a year-over-year basis. Analysts expect that Intercontinental Exchange Inc will post $9.39 EPS for the current fiscal year. Intercontinental Exchange, Inc. (NYSE:ICE) shares moved down -0.02% in last trading session and ended the day at $221.20. ICE return on assets is 0.70%. Intercontinental Exchange, Inc. (NYSE:ICE) quarterly performance is 17.25%.

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