Vail Resorts&#39; loss widens to US$31.5 million, real estate revenue ...
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Vail Resorts said Friday that a drop in real estate revenue contributed to a wider loss in the first quarter, one of the company&#39;s slowest times.
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MIAMI -- Tough times in the national housing market led to a company record loss of $513.9 million for Lennar Corp. in the third quarter, with drops in sales prices and home deliveries compounded by heavy charges to write down land values. Its shares fell almost 4 percent.
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Recreational vehicle maker Fleetwood Enterprises Inc.  on Thursday said its quarterly loss had widened tenfold after restructuring charges, including severance payments, and costs from discontinued operations.
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The natural gas producer and pipeline operator said its fourth-quarter loss widened, hurt by a tax charge related to the sale of its stake in a pipeline.
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After the bell yesterday, Mandalay Resort Group (NYSE: MBG) reported another record quarter, as the red-hot Las Vegas Strip continued to drive the casino operator&#39;s results.
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The online brokerage said that it sold $3 billion of mortgage-backed securities and municipal bonds, with a modest realized loss of $5 million.
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LAKE LOUISE, Alberta - As Bode Miller and Daron Rahlves were carving the texts of history with their first- and second-place men&#39;s World Cup downhill finishes in Beaver Creek Friday, Vail&#39;s own Lindsey Kildow was making some tracks of her own up north.
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The company founded by jailed lifestyle guru Martha Stewart reports that its quarterly losses have widened.
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Four Seasons Hotels, the worldâs largest operator of luxury hotels, reported a fourth-quarter profit on higher room revenue. Four Seasons, based in Toronto, said profit was $16.9 million, or 44 cents a share, in contrast to a loss of $37.8 million, or $1.03 a share, a year earlier. The company said it had higher costs in the year-earlier period related to retirement benefits and lower revenue after ending its lease for the Pierre in New York. Revenue rose 19 percent, to $69.8 million, from $58.5 million, because of an increase in hotel management and ownership fees. Revenue for each available room worldwide rose 14 percent, to $258.13; at properties in the United States, it was up 8.4 percent, to $297.83. Four Seasons agreed last month to be sold to a group of private investors.
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MIAMI - Tough times in the national housing market led to a company record loss of $513.9 million for Lennar Corp. in the third quarter, with drops in sales prices and home deliveries compounded by heavy charges to write down land values.
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The homebuilder said its fourth-quarter loss ballooned to $772.7 million as home sales slowed, prompting it to book charges to write down unsold inventory and for a tax allowance.
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The troubled mortgage lender posted a loss of $422 million, citing rising loss provisions and impairment charges.
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asino Resorts Incorporated&quot;/&gt;Trump Hotels and Casino Resorts Inc., the flagship of Donald J. Trump&#39;s faltering casino holdings, said late last night that a recently announced deal with
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The home builder KB Home posted a smaller-than-expected quarterly loss yesterday, sending its shares up, after taking a $343.3 million noncash charge for declining land values.
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Dubai World will take a 25 percent  stake in a planned multibillion-dollar resort on the Las Vegas  Strip led by MGM Mirage Inc , marking the state-owned  investment firm&#39;s latest foray in the U.S. gambling haven.
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Pulte Homes Inc , the No. 3 U.S. home builder, said on Wednesday its quarterly net loss widened as a deteriorating housing market led to charges related to the lower value of land and inventory, and charges tied to income taxes.
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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.