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KB Home Has Narrower Quarterly Loss as Home Sales Climb

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - June 29, 11:05AM from (www.bloomberg.com)

By Prashant Gopal - 2012-06-29T14:40:06Z


KB Home (KBH), the Los Angeles-based homebuilder that targets first-time buyers, rose to a three- month high after reporting a narrower quarterly loss as the company sold more houses at higher prices.
The net loss for the fiscal second quarter ended May 31 ...


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