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Lennar Corporation (NYSE: LEN) lost nearly 2 percent
after the real estate focused company reported its fourth quarter results. The company said it earned $1.29 per share in the
quarter on revenue of $3.786 billion versus expectations of $3.57 billion. Revenue from home sales also rose from $2.9 billion
in the same quarter a year ago to $3.3 billion.
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Eastman Kodak Company Common New (NYSE: KODK)
soared another 75 percent Wednesday morning after gaining 117 percent on Tuesday. The camera maker skyrocketed after it
announced the creation of a photo-centric
cryptocurrency.
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Nordstrom, Inc. (NYSE: JWN) lost more than 1 percent
after the high end fashion retailer provided a business update. The company said its November and December combined sales rose
2.5 percent and comps rose 1.2 percent. As a result, management raised the lower end of its full fiscal year 2017 EPS guidance
from $2.85-$2.95 to a new range of $2.90-$2.95 per share.
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Lipocine Inc (NASDAQ: LPCN) was halted
Wednesday morning ahead of a scheduled U.S. Food and Drug Administration Adcom meeting for its product candidate LPCN 1021.
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AMERI HOLDINGS INC (NASDAQ: AMRH) gained nearly
100 percent after the company said it will create an in-house blockchain practice and seek strategic partnerships with
blockchain technology companies. The company hopes to offer blockchain solutions to bring trust, transparency and efficiency to
customer supply chains.
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SUPERVALU INC. (NYSE: SVU) lost 7 percent after the
grocer and general merchandise retailer reported its third quarter results. The company said it earned 61 cents per share in
the quarter on revenue of $3.94 billion versus Wall Street's expectations for 46 cents per share on revenue of $3.99 billion.
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