More Housing Market Trouble. KB Homes Feels the Pain.
Wednesday, April 02, 2008
KB Home's shares down. Way down.
"Net orders plunged from a year ago. Net home orders totaled 1,449, down 75% from 5,744 net orders a year earlier. The sharp decline came as KB took steps to consolidate or pull out of some markets."
Source - Money.cnn.com
posted by author @ 6:16 PM,
