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New Home Communities Blog (Free subscription) | 10/04/2008
KB Home is rolling out 3 new floor plans that offer optimal space efficiency, large living areas and energy-efficient design. With KB Home’s Built to Order™ process, you get to choose the interior design options and features that will give your home a one-of-a-kind look and feel to best accommodate the needs of your active [...]
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Miami Herald (Free subscription) | 09/27/2008
KB Home ( KBH), one of the nation's largest home builders, said Friday its third-quarter loss quadrupled from the year-ago period, missing Wall Street's expectations as revenue plunged by 56 percent amid falling sales and home prices.
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LA Times (Free subscription) | 09/27/2008
The company is trying to attract buyers with 1,230-square-foot homes selling for $200,000 in the Inland Empire and other high-foreclosure areas. As California's biggest builder of new homes posted its seventh straight quarterly loss Friday, Westwood-based KB Home said it was trying to boost sales by building small, lower-priced houses instead of the larger ones that had sustained the company during...
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LA Times (Free subscription) | 09/26/2008
The company, which posted its seventh straight quarterly loss, is trying to attract buyers with new 1,230 square-foot homes selling for $200,000 in the Inland Empire and other high foreclosure areas. As California's biggest builder of new homes posted its seventh straight quarterly loss Friday, Westwood-based KB Home said it was trying to boost sales by building small, lower-priced houses instead of...
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Seeking Alpha (Free subscription) | 09/26/2008
KB Home (KBH) Q3 2008 Earnings Call Complete Story »
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ETF Trends (Free subscription) | 09/26/2008
The housing market crisis and its continued effect on exchange traded funds (ETFs) isn’t over yet. KB Home (KBH) is one of the nation’s largest homebuilders, and it’s not immune from the troubles: its third-quarter loss quadrupled from one year ago. Revenue plummeted by 56%, reports Alex Veiga for the Associated Press. Unsurprisingly, the rough conditions for [...]
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Forbes (Free subscription) | 09/26/2008
The home builder didn't beat market trends despite aggressive cost-cutting measures.
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The Dallas Business Journal (Free subscription) | 09/26/2008
Homebuilder KB Home recorded a higher net loss in the third quarter, as market volatility led to a decline in home sales when compared to the previous year. (KBH)
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Law Blog - WSJ.com (Free subscription) | 09/26/2008
KB Home's revenue dropped 55%, as demand for new homes continued to slump. The home builder posted a $144.7 million net loss for the quarter.
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The Los Angeles Business (Free subscription) | 09/26/2008
The losses continued to widen for one of the nation's largest homebuilders as KB Home reported a third quarter loss of $144.7 million, or $1.87 a share, on Friday. (KBH)
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Examiner (Free subscription) | 09/26/2008
KB Home says its third-quarter loss quadrupled from a year-ago period helped by hefty gains on the homebuilder's now-discontinued French operations, and missed Wall Street expectations.
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Star Tribune (Free subscription) | 09/26/2008
Chief Executive Jeffrey Mezger said weak demand for new homes — half of the company's homebuyers backed out of their contracts in the quarter — and falling home values don't appear likely to improve significantly in the near term. He also blamed rising foreclosures and tight lending standards for the company's poor results.
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The Washington Times (Free subscription) | 09/26/2008
KB Home says its third-quarter loss quadrupled from a year-ago period helped by hefty gains on the homebuilder's now-discontinued French operations, and missed Wall Street expectations.
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Law Blog - WSJ.com (Free subscription) | 09/26/2008
KB Home's revenue dropped 55%, as demand for new homes continued to slump. The home builder posted a $144.7 million net loss for the quarter.
