The biggest U.S. homebuilder misses on earnings as it says buyers are staying on the sidelines

D.R. Horton, the largest U.S. homebuilder by market cap, on Tuesday reported earnings well below estimates as it said interest rates were keeping buyers on the sidelines and forcing the company to provide more incentives. D.R. Horton said its fiscal fourth-quarter earnings fell to $1.28 billion, or $3.92 a share...