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Reuters: KB Home posts narrower loss, and shares pop

Started by chris, March 27, 2009, 05:59:17 PM

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chris

KB Home posts narrower loss, and shares pop
      
   
      


NEW YORK (Reuters) - KB Home  posted a quarterly loss that was not as bad as Wall Street had expected, as orders rose and the builder took a smaller charge to write down the value of its landholdings, sending its shares up more than 10 percent.<div class="feedflare">
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