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Selected NewsEarnings roundup: KB Home, Noble Intl (Sharewatch)Among the earnings stories for Friday, March 28, from AP Financial News: LOS ANGELES (AP) KB Home, one of the nations biggest residential homebuilders, said Friday it posted a loss of more than $268 million in its first quarter as weak home sales amid a worsening housing market forced the company to take a large writedown related to falling home prices. Read more Peter G. Miller: Selling a home and buying a new one all about the local market (San Antonio ExpressNews/KENS 5)Q: I have a paidoff home. I would like to buy a replacement property. Should I buy the second home before selling the first Read more HigherQuality Loans May Trip Merrill Next (TheStreet.com)A littleknown banking subsidiarys home equity and AltA debt could lead to unforeseen losses. Read more KB Home Reports First Quarter 2008 Financial Results (Business Wire via Yahoo Finance)LOS ANGELESKB Home , one of Americas largest homebuilders, today reported financial results for its first quarter ended February 29, 2008. Results include: Revenues totaled $794.2 million in the first quarter of 2008, down 43 from $1.39 billion in the yearearlier quarter. Read more Blogs about Home Equity Services
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