(Reuters) - June 26 - Lennar Corp., the second largest U.S. home builder, on Tuesday reported a quarterly loss, citing charges related to land values and declining demand related to the subprime-mortgage meltdown.
Lennar posted a net loss of $244.2 million, or $1.55 a share for the fiscal second quarter that ended April 30, compared with net earnings of $324.7 million, or $2 a share, a year earlier.
Read more at Reuters.com Bonds News
Lennar posted a net loss of $244.2 million, or $1.55 a share for the fiscal second quarter that ended April 30, compared with net earnings of $324.7 million, or $2 a share, a year earlier.
Read more at Reuters.com Bonds News
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