KB Home quarterly profit falls
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KB Home , the No. 5 U.S. home builder, on Thursday said its net profit fell, citing an oversupply of new and resale housing inventory and continued weak demand.
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Lowe's Cos.  reported lower quarterly profit on Friday as the battered U.S. housing market hurt sales.
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NEW YORK -- Sears Holdings Corp., the biggest US department store company, and Home Depot Inc. said profit will fall as the decline in housing prices hurts demand for goods to build and furnish homes.
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Kimberly-Clark Corp. KMB.N, the  maker of Kleenex tissues, said on Monday its quarterly net  profit slipped, weighed down by higher pulp and resin prices  and the costs of spinning off a business.
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KB Home , a leading U.S. home builder, posted a quarterly net loss on Tuesday as it took $343.3 million of pretax charges for abandoning land option contracts and writing down the value of inventory, a consequence of the U.S. housing market downturn.
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Luxury home builder Toll Brothers  said quarterly profit fell 79 percent, hurt by the U.S. housing slump, but its shares rose along with those of other builders on Thursday after government data showed a better-than-expected rise in new home sales.
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The company also said that its Home Shopping Network and lending profits fell short of internal targets.
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Banking company KeyCorp said Friday its profits fell 9 percent in fourth-quarter, reflecting a &#36;46 million charge to account for the sale of a home equity loan portfolio and plans to sell a car loan portfolio.
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Clothing maker Kellwood Co.  said on Friday that quarterly profit fell by 50 percent, hurt by restructuring charges.
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Lennar Corp. LEN.N, the   third-largest U.S. home builder, on Tuesday said quarterly   profit fell 39 percent, citing a steeper than expected decline   in the U.S. housing market.
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KB Home KBH.N, one of the largest   U.S. homebuilders, on Wednesday cut its full-year profit   forecast for the second time in three months, saying a more   difficult housing market is causing orders to decline.
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Krispy Kreme Doughnuts Inc.(KKD.N: Quote, Profile, Research) on Thursday reported a sharp drop in quarterly profit and signaled that business may not recover any
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Pulte Homes Inc. , the No. 2  U.S. home builder, on Wednesday said its quarterly profit fell  20 percent and new orders dropped 30 percent, underscoring the  slowdown in the U.S. housing market.
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Oil and gas producer Kerr-McGee Corp. (KMG.N: Quote, Profile, Research) on Wednesday reported a fall in quarterly profit, citing a writedown related to a pigment plant and higher environmental charges.
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LOS ANGELES -- Homebuilder KB Home swung to a loss in the third quarter and warned Thursday that the beleaguered housing market is likely to worsen next year.
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KB Home  posted a quarterly loss of nearly $773 million on Tuesday with abandonment and impairment charges as the U.S. housing market braced for another rough year in 2008.
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Top U.S. consumer electronics retailer  Best Buy Co. Inc.  said on Tuesday its quarterly profit  fell, dragged down by sales of lower margin products.