Wednesday, January 30, 2008

Centex (CTX) Loss Widens....

Home Builder Centex's 3Q net loss widens to $975.2 million, or $7.94 a share, hurt by weakness in housing market. Quarter includes a non-cash charge of $500 million to establish a valuation allowance related to deferred tax assets. Revenue falls 30% to $1.91 billion

No comments: