KB Home cuts profit forecast again as orders drop
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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 on  Thursday said its quarterly profit tumbled by more than half  and slashed its sales growth outlook for the rest of the year,  wiping 17 percent off the value of its stock.
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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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Discount retailer Dollar General Corp.   DG.N on Thursday posted a 40 percent drop in quarterly profit   on weakening demand for higher-margin products and withdrew its   earnings forecast for the rest of the year.
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CBI's stormy outlook The Confederation of British Industry (CBI) has warned UK small and medium sized businesses (SMBs) to expect domestic orders to drop over the next few months as spending tightens and costs rise.â¦
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Krispy Kreme Doughnuts Inc.KKD.N on  Thursday reported a sharp drop in quarterly profit and signaled  that business may not recover anytime soon, sending its shares  down more than 17 percent in pre-market trading.
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Retailer Home Depot Inc.  said on Wednesday it expected per-share profit to decline 4 percent to 9 percent this year as the weak U.S. housing market pressures sales and it boosts investment in stores.
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Lennar Corp. LEN.N, the No. 3 U.S.   homebuilder, on Friday cut its third-quarter profit forecast   due to a deteriorating housing market, sending its shares down   nearly 3 percent in premarket trading.
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KB Home  on Thursday posted a fiscal third quarter loss, as the U.S. home market suffered a deepening decline in demand, a swelling supply of homes for sale and tighter standards in the mortgage market.
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LOS ANGELES -- KB Home, one of the nation's largest homebuilders, said Tuesday its fiscal fourth-quarter loss ballooned as home sales slowed, prompting the company to book charges to write down unsold inventory and for a tax allowance. Its shares dropped almost 2 percent in premarket trading.
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The struggling home furnishings retailer posts a 37% drop in Q3 earnings and cuts guidance.
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The nationâs number 2 buyer and backer of home mortgages saw a 45 percent drop in second-quarter profits after setting aside $300 million to account for bad loans.
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Lennar Corp. , the No. 3 U.S.  homebuilder, on Friday cut its third-quarter profit forecast  due to a deteriorating housing market, sending its shares down  nearly 3 percent in premarket trading.
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Retailer Home Depot Inc.  said on  Wednesday it expected per-share profit to decline 4 percent to  9 percent this year as the weak U.S. housing market pressures  sales and it boosts investment in stores.
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DIY chain Home Depot blames the slowdown in the US housing market for its second profit warning in two months.
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Kroger Co. on Tuesday posted a 25  percent drop in quarterly profit and warned it may miss a key  2004 sales target because of lingering woes from a Southern  California strike, sending its shares down sharply.
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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 continued to decline, and said it expects another tough year for the industry in 2008.