Home Building
May 7, 2008
D.R. Horton posts $1.3B 2Q loss
“Although market conditions in the home-building industry remain challenging, we continue to focus on reducing inventory and generating cash flow from operations”
D.R. Horton Inc. , the nation's largest home builder, swung to a second-quarter loss as it took a hefty charge related to its inventory of unsold homes and lower land values. via Pacific Business News
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