Tuesday, Sep 25, 2007
The nations Number 1 housebuilder posts massive losses
CNN: Lennar's loss bigger than expected
The nation's No. 1 homebuilder in terms of revenue, Lennar posted a net loss of $513.9 million, or $3.25 per diluted share, down from the net earnings of $206.7 million, or $1.30 per diluted share, in the year-earlier period.
this is massive, could this be the start of a USA recession, if so UK brace yourselves,
Posted by mark @ 08:44 PM (143 views) Add Comment
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