Wednesday, October 5, 2011

KB Home posts wider loss for fiscal 3Q (AP)

In this photo made Sept. 21, 2011, the sun shines over a KB Home sign in a vacant lot in Balch Spring, Texas. KB Home said Friday, Sept. 23, 2011, its fiscal third quarter loss widened, as the homebuilder delivered fewer homes compared to last year, when a federal tax credit affected results. (AP Photo/LM Otero)AP - KB Home on Friday became the latest major homebuilder to report a surge in new home orders for the closing months of summer and said it anticipates the sales increase will continue next year.


Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http://news.yahoo.com/s/ap/20110923/ap_on_bi_ge/us_earns_kb_home

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