Industry News

Standard Pacific reports $120 million quarterly loss

Some analysts troubled by company's debt
Published on Oct 26, 2007

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by CareyBot

Standard Pacific Corp. (NYSE:SPF), a home-building company that some analysts have suggested may be heading toward bankruptcy, on Thursday reported a net loss of $119.7 million in the third quarter, or $1.85 per share. The company’s debt load, coupled with ...