Wednesday, July 25, 2007

UPDATE 1-Pulte Homes posts quarterly net loss

(Reuters) - Pulte reported a second-quarter net loss of $507.6 million
or $2.01 per share, versus a profit of $243 million, or 94
cents per share, last year.




The results include a charge of $749 million related to
lower land values and impairments and $40 million for job
cuts.


Read more at Reuters.com Bonds News

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