Industry News

Home builder Lennar Corp. reports $514 million Q3 loss

Company cuts workforce by 35%, expects more reductions
Published on Sep 26, 2007

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by CareyBot

Home builder Lennar Corp. this week reported a net loss of $513.9 million, or $3.25 per diluted share, in the third quarter, compared with net earnings of $206.7 million, or $1.30 per diluted share, in third-quarter 2006. Stuart Miller, Lennar ...

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