D.R. Horton Posts Quarterly Loss

May 5, 2008

D.R. Horton Inc., the largest U.S. home builder, posted a large quarterly loss on Tuesday after a $834.1 million charge for the lower value of land and inventory of unsold homes and aggressive price cuts to move unsold homes.

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read the full Reuters article.

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D.R. Horton Posts Quarterly Loss

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