{"id":59718,"date":"2026-03-12T17:38:23","date_gmt":"2026-03-12T21:38:23","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/"},"modified":"2026-03-12T17:38:23","modified_gmt":"2026-03-12T21:38:23","slug":"global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/","title":{"rendered":"Global Tensions Escalate: French Troops Wounded in Iraq as Lennar Misses Q1 Revenue Targets"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/#Lennar_Misses_Revenue_Estimates_Amid_Delivery_Slump\" >Lennar Misses Revenue Estimates Amid Delivery Slump<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/#Drone_Strike_Wounds_French_Forces_in_Northern_Iraq\" >Drone Strike Wounds French Forces in Northern Iraq<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/#North_Korea_Slams_Japans_Military_Buildup\" >North Korea Slams Japan\u2019s Military Buildup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/#Diplomatic_Setback_in_South_America\" >Diplomatic Setback in South America<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-escalate-french-troops-wounded-in-iraq-as-lennar-misses-q1-revenue-targets\/59718\/#New_Zealand_Manufacturing_Remains_Resilient\" >New Zealand Manufacturing Remains Resilient<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Lennar (<a href=\"\/stock\/LEN\">LEN<\/a>) reported Q1 2026 revenue of $6.60B, missing analyst estimates of $6.88B<\/strong> as delivery volumes fell 5% year-over-year.<\/li>\n<li><strong>Six French soldiers were wounded in a drone attack<\/strong> at a joint Peshmerga-France base in Makhmour, Iraq, amid a widening regional conflict involving Iranian-backed forces.<\/li>\n<li><strong>North Korea issued a sharp warning via KCNA<\/strong>, accusing Japan of preparing for a &quot;reinvasion&quot; through its deployment of long-range missile systems.<\/li>\n<li><strong>A high-stakes meeting between Colombian President Gustavo Petro and Venezuelan Acting President Delcy Rodriguez was canceled<\/strong>, stalling progress on critical energy and border security agreements.<\/li>\n<li><strong>New Zealand\u2019s manufacturing sector maintained expansionary momentum<\/strong> with a February PMI of 55.0, signaling continued resilience despite global macroeconomic headwinds.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Lennar_Misses_Revenue_Estimates_Amid_Delivery_Slump\"><\/span>Lennar Misses Revenue Estimates Amid Delivery Slump<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Homebuilding giant Lennar (<a href=\"\/stock\/LEN\">LEN<\/a>) reported its first-quarter 2026 financial results, revealing a <strong>revenue miss of $6.60B against the projected $6.88B<\/strong>. While the company saw a modest <strong>1% increase in new orders to 18,515 homes<\/strong>, actual <strong>deliveries fell 5% to 16,863 units<\/strong>. Net income for the quarter stood at <strong>$229M, or $0.93 per diluted share<\/strong>.<\/p>\n<p>Looking ahead, the company provided a cautiously optimistic outlook for the second quarter, forecasting <strong>deliveries between 20,000 and 21,000 homes<\/strong>. Executives cited a complex operating environment, likely influenced by <em>volatile interest rates and supply chain disruptions<\/em> linked to ongoing global energy instability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Drone_Strike_Wounds_French_Forces_in_Northern_Iraq\"><\/span>Drone Strike Wounds French Forces in Northern Iraq<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Security conditions in the Middle East deteriorated further on Thursday as a <strong>drone attack targeted a joint Peshmerga-French base in Makhmour, Iraq<\/strong>. According to statements from the Erbil Governor and security sources, <strong>six French soldiers were wounded<\/strong> in the strike. The incident occurs as regional tensions reach a boiling point, with Iran\u2019s new Supreme Leader, Mojtaba Khamenei, recently calling for the <strong>immediate closure and targeting of all foreign military bases<\/strong> in the region.<\/p>\n<p>France has recently trippled its humanitarian aid to Lebanon and maintained a steady military presence in Iraq to support counter-terrorism efforts. This attack is seen by analysts as a <em>significant escalation<\/em> by regional militias seeking to pressure Western allies to withdraw from the Middle East.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"North_Korea_Slams_Japans_Military_Buildup\"><\/span>North Korea Slams Japan\u2019s Military Buildup<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Pyongyang intensified its rhetoric against Tokyo on Thursday, with state media outlet KCNA claiming that <strong>Japan\u2019s military modernization is a precursor to a &quot;reinvasion.&quot;<\/strong> North Korea specifically targeted Japan\u2019s deployment of <strong>long-range missiles<\/strong>, asserting that these moves are pushing the region into a &quot;dangerous&quot; state of instability.<\/p>\n<p>The accusations follow Japan&#39;s implementation of a <strong>$320 billion security strategy<\/strong> aimed at developing counter-strike capabilities. North Korea alleged that these deployments are intended for <em>preemptive strikes<\/em> rather than deterrence, warning that Japan&#39;s current path could lead to &quot;irrecoverable&quot; consequences.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Diplomatic_Setback_in_South_America\"><\/span>Diplomatic Setback in South America<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A scheduled Friday summit between <strong>Colombian President Gustavo Petro and Venezuelan Acting President Delcy Rodriguez has been abruptly canceled<\/strong>, according to sources within the Colombian President\u2019s Office. The meeting was intended to finalize a roadmap for the <strong>Antonio Ricaurte binational gas pipeline<\/strong>, which would allow Colombia to import natural gas from its neighbor to alleviate domestic energy shortages.<\/p>\n<p>The cancellation comes at a sensitive time for the region, following the <strong>capture of former President Nicolas Maduro<\/strong> earlier this year and the subsequent establishment of an interim government in Caracas. The delay in talks is expected to <em>stall economic reactivation efforts<\/em> along the 2,200-kilometer border shared by the two nations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"New_Zealand_Manufacturing_Remains_Resilient\"><\/span>New Zealand Manufacturing Remains Resilient<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In economic data, the <strong>BusinessNZ Performance of Manufacturing Index (PMI) for February printed at 55.0<\/strong>, slightly down from the revised January figure of 55.1. Despite the marginal dip, the reading remains <strong>well above the 50.0 threshold<\/strong> that separates expansion from contraction.<\/p>\n<p>Economists noted that the New Zealand manufacturing sector has &quot;turned the corner,&quot; with <strong>production and new orders<\/strong> continuing to lead the expansion. While manufacturers have reported some concerns regarding <em>softening demand and global shipping costs<\/em>, the consistent expansionary readings suggest the New Zealand economy is maintaining a steady recovery trajectory through early 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Lennar (LEN) reported Q1 2026 revenue of $6.60B, missing analyst estimates of $6.88B as delivery volumes fell 5% 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