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ID: 30449
Title: Lennar profit drops 73.4 percent (Reuters)
Description:

A Lennar Corp. development in an undated photo courtesy of the company. The No. 3 U.S. home builder posted a 74 percent plunge in profit on Tuesday and withdrew its earnings forecast, saying the industry's spring selling season has failed to bloom and its outlook for the rest of 2007 does not look bright. (HO/File/Reuters)Reuters - Lennar Corp. , the No. 3 U.S. home builder, posted a 73.4 percent plunge in profit on Tuesday and withdrew its earnings forecast, saying the industry's spring selling season has failed to bloom and its outlook for the rest of 2007 does not look bright.


Category: Business/Company Earnings/
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Date Added: March 27, 2007 06:38:04 PM
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