Housing Market, Quarterly Earnings | featured news

KB Home 1Q loss widens on fewer home deliveries

KB Home said Tuesday that its fiscal first-quarter loss widened, as the homebuilder delivered fewer homes and net orders declined.

 

Bank of America posts $1.2B loss

Bank of America reported Friday that it had a $1.2 billion loss in the fourth quarter of last year, including a previously announced charge of $2 billion reflecting a decline in the value of its home loans and insurance business.

 

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