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Money & CompanyLos Angeles home builder KB Home posted lower earnings in the fiscal fourth quarter compared with a year earlier as the company sold fewer homes in higher cost areas. But another development signaled some cause for optimism: New orders for......
Money & CompanyLos Angeles home builder KB Home widened its loss in its second quarter as the housing market stalled and the company continued to suffer the fallout from the bankruptcy of a Las Vegas development. The company posted a net loss......
Money & CompanyKB Home's loss widened slightly in the third quarter as the nation's housing market continued to show weakness, though the company said orders for new homes increased....
Money & CompanyIn the latest indicator that home construction in California is suffering tough times, permits for single-family abodes in August dropped 12% from July. The 1,811 permits issued for single-family homes in the Golden State last month was a 19% drop......
Money & CompanyThe sales pace of newly constructed homes remained unchanged at a record low in August, indicating continued weakness in the market for new homes months after the expiration of a popular tax credit for buyers. New single-family dwellings sold at......
Money & CompanyThe probation sentence handed down to former KB Home chief Bruce Karatz on Wednesday was the latest in a string of disappointments in the Justice Department’s crackdown on stock options backdating. The criminal investigations began in 2005, following...
Money & CompanySouthern California's housing market lacked vitality in March, a sign that the year could be a lackluster one for the region’s housing market as shoppers continue to sit out buying despite high affordability. The median price of a home in......
Money & CompanyThe nation's top publicly traded home builders have a long way to go toward improving their policies and practices related to the environment, according to a study released Tuesday. The study, by Calvert Investments, a Bethesda, M.D.-based investment...
Money & CompanyLos Angeles homebuilder KB Home unexpectedly reported a fourth-quarter profit on Friday. The building titan delivered fewer homes than during the same period one year earlier and orders for new dwellings plunged. But the company sold properties at a...
Money & CompanyLos Angeles-based homebuilder KB Home is taking a page from the car industry by slapping an efficiency label on all its new properties. Like automakers, who are rolling out a legion of electric and hybrid vehicles, residential construction companies are.....
Money & CompanySouthern California’s housing market kicked off 2011 with a slump. Sales were at their worst level for a January in three years and prices also dipped. The price declines, which were steepest in the Inland Empire, were driven by a......
L.A. LandAs the new home market struggles to find its footing, executives at Los Angeles builder KB Home aren't quite ready to call the bottom. The company said today that its revenue for the three months ended in August fell 33%,......
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Sep 25, 2009 | Los Angeles Times
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