KB Home posts quarterly net loss after charges
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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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The discount brokerage posted a larger-than-expected quarterly loss after a $2.2 billion charge related to the sale of its asset-backed securities portfolio.
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Capital One Financial Corp , a  credit card issuer and banking company, posted a third quarter  net loss after taking more than $800 million of charges from  shuttering its GreenPoint Mortgage business.
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Bristol-Myers Squibb Co  reported a quarterly loss on Thursday due to special charges, including a $275 million write-down from the credit crisis spreading through corporate America.
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Pier 1 Imports Inc. , a home  furnishings retailer, on Thursday said its quarterly net loss  nearly doubled as same-store sales fell 6.6 percent.
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The recording company reported a first-quarter loss of $16 million, hurt by higher expenses and an impairment charge.
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The company said it expects to post its second quarterly loss in more than 50 years because of a hefty one-time charge.
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Capital One Financial Corp , a  credit card issuer and banking company, posted a third quarter  net loss, hurt by charges from shuttering its GreenPoint  Mortgage business.
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Computer Associates International Ltd. , a business software maker, on Wednesday posted a wider quarterly net loss, including charges for job cuts and a &#36;225 million payment to settle a long-running accounting probe.
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Struggling doughnut shop chain Krispy  Kreme Doughnuts Inc. KKD.N on Monday reported an unexpected  quarterly net loss because of impairment charges and store  closing costs.
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The company said its quarterly loss ballooned to $302.6 million as it struggled with its mortgage lending arm and said it is trying to renegotiate the sale of the unit.
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KB Home, the large home builder, said that its fourth-quarter loss swelled as the housing slowdown led to fewer sales and lower revenue.
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As previously announced, KB Home's past stock option grant practices are  being investigated by the Securities and Exchange Commission. The  Department of Justice is also looking into these practices but has  informed KB Home that it is not a target of this investigation.
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FuelCell Energy reports a better-than-expected quarterly loss.
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Department store operator Bon-Ton  Stores Inc.  on Wednesday reported a wider quarterly  loss, hurt by an income tax charge, but reaffirmed its fiscal  year earnings forecast.
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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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Blockbuster Inc. BBI.N on Wednesday  posted a $1.42 billion quarterly loss due to a charge, while  profit from its operations slid due to higher marketing costs,  falling rental demand and escalating competition.