Thursday, July 26, 2007

Beazer, D.R. Horton, Black & Decker fall

(Reuters) - Beazer Homes USA Inc. posted a quarterly loss as the home builder took charges for inventory and abandonment of land option contracts.




Black & Decker Corp , a maker of tools and household appliances, reported its profit fell, blaming a tough residential construction sector and higher commodity prices. Black and Decker said the weakness in housing will "continue to adversely affect" the company's earnings.


Read more at Reuters.com Hot Stocks News

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