Homebuilder MDC Packaging 1st Annual Profit In Years
Thanks to the rebound in the housing market, many homebuilders are now turning quarterly profits. Some are even on track to get back in the black on an annual basis for the first time in years. Denver-based MDC Holdings (MDC), which builds homes under the Richmond American Homes name, is expected to end five straight years of losses when it reports fourth-quarter and full-year results before the market opens Thursday. Analysts polled by Thomson
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