| Corporate Earnings Headlines |
| KB Home 2Q loss widens on sales slump, charges
(AP)
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| AP - KB Home, one of the nation's largest home builders, reported a larger second-quarter loss Friday, as weak sales and falling home prices led to a 55 percent drop in revenue. The company also booked charges to lower the value of unsold homes, joint venture deals and land option contracts. -- read full article |
| Fri, 27 Jun 2008 17:27:23 GMT - Yahoo! News: Earnings News |
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| Lennar 2Q loss narrows; sees worsening conditions
(AP)
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| AP - Homebuilder Lennar Corp. said Thursday it managed to narrow its second-quarter loss, but CEO Stuart Miller gave a dour outlook for the industry, saying the housing market has yet to hit bottom and ruling out the prospects of a recovery this year.
-- read full article |
| Thu, 26 Jun 2008 20:48:50 GMT - Yahoo! News: Earnings News |
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| RIM shares falter on lower-than-expected outlook
(AP)
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| AP - Smart phone maker Research In Motion Ltd.'s fiscal first-quarter profit and revenue more than doubled, fueled by strong sales of its BlackBerry devices, but the company's forecast for the current period sent its shares down more than 11 percent Thursday. -- read full article |
| Thu, 26 Jun 2008 21:13:20 GMT - Yahoo! News: Earnings News |
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| RIM shares falter on lower-than-expected outlook
(AP)
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| AP - Smart phone maker Research In Motion Ltd.'s fiscal first-quarter profit and revenue more than doubled, fueled by strong sales of its BlackBerry devices, but the company's forecast for the current period sent its shares down more than 11 percent Thursday. -- read full article |
| Thu, 26 Jun 2008 14:26:24 GMT - Yahoo! News: Earnings News |
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| Lennar 2Q loss narrows; sees worsening conditions
(AP)
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| AP - Homebuilder Lennar Corp. said Thursday its fiscal second-quarter loss narrowed, but the company continued to struggle through the housing market doldrums, posting a 61 percent drop in revenue and taking hefty charges to write down land values and deposits.
-- read full article |
| Thu, 26 Jun 2008 16:18:07 GMT - Yahoo! News: Earnings News |
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