Check out the companies making headlines midday Wednesday:
div > div.group > p:first-child"> Lennar — Shares of Lennar rose more than 4 percent despite the home builder reporting quarterly results that missed expectations. Lennar posted earnings of 74 cents per share for its fiscal first quarter, one cent below FactSet's estimates, while revenue also missed forecasts. However, Lennar experienced a 24 percent jump in new orders and a 30 percent increase in deliveries.
KB Home — Shares of KB Home rose more than 2 percent after the home builder reported better-than-expected earnings for the fiscal first quarter. KB Home reported quarterly profit of 31 cents per share, five cents above FactSet estimates. The home builder's revenue fell short of Street forecasts due to a decline in average selling prices, however.
Boeing — Boeing's stock fell 1 percent ahead of its briefing on the fixes for the 737 Max jets involved in two fatal crashes since October. Boeing is slated to brief about 200 pilots at its Renton, Washington, facilities Wednesday as the company believes it has solved issues with the 737 Max automated flight control system by updating the plane's software, cockpit alerts and pilot training. People familiar with the work told CNBC that there are four notable changes.
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