Lennar Q1 Loss Narrows; Says 2010 Will be Profitable (LEN)
Homebuilder Lennar Corporation (LEN) on Wednesday posted a smaller-than-expected first quarter loss, helped by higher prices and lower costs. The Miami-based company reported a first quarter net loss of $6.5 million, or 4 cents per share, compared with a loss of $155.9 million, or 98 cents per share, in the year-ago period. Revenue fell 3% from [...]
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