Reston Builder NVR Posts A Profit
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In an industry bleeding money, home builder NVR of Reston yesterday bucked the trend by reporting a profit.
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Lennar Corp., the No. 3 US homebuilder by stock market value, said fiscal third-quarter profit rose 12 percent, higher than analysts estimated.
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Northern Rock&#39;s full-year profit will at least meet analysts&#39; expectations as the mortgage bank continues to pile on business despite the slowing housing market.
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The company Friday said it expected to post a profit in the third quarter, thanks to Improved pricing and product mix and higher unit volume, reversing a year-ago loss.
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Lennar Corp. and LNR Property Corp. made big news in Boston last week when they agreed to buy Fan Pier for an estimated $125 million, but the purchase would not be the biggest deal for the Florida team.
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MELBOURNE, Australia  -- Australian developer Lend Lease Corp reported a flat annual profit Wednesday as ballooning construction costs on two Australian projects offset gains at retail, hospital and military housing developments, but forecast 10 ...
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The DVR pioneer turns a profit for its latest quarter.
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Safeway Inc. , the No. 3 U.S. grocer, posted a 77 percent rise in quarterly profit on Thursday as remodeled stores, fresh produce and prepared meals helped lure shoppers.
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Property group Lend Lease Corp. on Wednesday announced a return to full-year profit and forecast earnings-per-share growth of more than 15 percent in the current year.
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Luxury home builder Toll Brothers Inc. reported Wednesday that strong demand pushed third-quarter profits well above Wall Street expectations.
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NEW YORK (CBS.MW) -- Beazer Homes USA Inc., an Atlanta homebuilder, reported that fourth-quarter net income climbed 40 percent on 17 percent higher revenue.
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Two large military contractors, the Lockheed Martin Corporation and the Northrop Grumman Corporation, reported higher fourth-quarter profits on Thursday, both citing strong military and civil electronics business.
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MIAMI  Â The Lennar Corporation, the home builder, reported a $1.25 billion fourth-quarter loss on Thursday Â its biggest ever Â as a slowdown drove home prices lower and the company took a write-down on land.
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Citing strong economic conditions, the manufacturer posted fourth-quarter earnings of $689 million, up from $585 million a year earlier.
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KB Home , a leading U.S. home builder, on Tuesday posted a smaller-than-expected quarterly net loss after a $343.3 million noncash for declining land values, sending its shares up 1.6 percent.
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The newspaper publisher reported profit of $365.7 million on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising.
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NVR, the region's biggest home builder, said yesterday third-quarter profit fell 30 percent, but reported that the new orders for homes increased, a contrast with other builders.