Industry News

Centex reports $644 million Q2 net loss

Company cites 'serious disruptions' in mortgage, credit markets
Published on Oct 24, 2007

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by CareyBot

Home builder Centex Corp. on Tuesday reported that “serious disruptions” in the mortgage and credit markets contributed to a net loss of $643.8 million in the second quarter ended Sept. 30, compared with net earnings of $137.4 million in second-quarter ...