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NEWS BusinessDay Mobile Markets Quotes Portfolio Money Small Business My Small Business Starting Growing Managing Tools & Resources Executive Style Executive Style Travel Motors Culture Essential gadgets Management Style & Grooming You are here: Home » BusinessDay » Article Email...The red ink continues to flow at Fort Worth-based D.R. Horton, which lost almost $800 million in the quarter ended Sept. 30.
The big homebuilder said it sold 6,931 homes in its fiscal fourth quarter, compared with almost 12,000 in the same period last year.
Chief executive Donald Tomnitz doesn't see any quick relief from a "dismal housing market."
"Fiscal year '09 will be a ...
D.R. Horton Inc.'s chief executive said Tuesday he expects this fiscal year to be even more challenging than 2008, which ended with a nearly $800 million quarterly loss on slower home sales and more than $1 billion in charges.
The Fort Worth, Texas-based homebuilder reported a net loss of $799.9 million, or $2.53 a share, compared to a loss of $50.1 million or 16 cents a share, in the...
There's no mystery here. Teams lacking an adequate amount of talent eventually collapse under the weight of trying to play perfectly.
Four days before Thanksgiving, inside two-thirds-full Arrowhead Stadium, the Buffalo Bills snapped the back of the Chiefs, thrashing and humiliating the home team 54-31.
There's no reason to blame Tyler Thigpen, Glenn Dorsey, Tamba Hali or any of th...
Liberal Democrat activists who made false claims about cuts in Bristol police numbers have been asked to apologise for misleading residents.
A political news sheet delivered to homes across North Bristol claimed Labour cut 91 officers in the city.
The number of full-time police officers in the city is actually well up on last year - 1,006 against 955 for 2007.
Bristol West's ...
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Todd Werner (left), chief executive officer of Banner Children's Hospital, and Wilford Cardon tour the site for the hospital's expansion. The facility is located at Banner Desert Medical Center in Mesa.
Banner Children's Hospital's $356.6 million expansion will add a new patient tower to the hospital, which is on the campus of Banner Desert Medical Center in Mesa.
Banner expects...
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Washington, November 21 - FRB Chicago president Charles Evans (an alternate FOMC voter in 2008 and a full voter in 2009) hint...
WASHINGTON - Consumer prices plunged by the largest amount in the past 61 years in October as gasoline pump prices dropped by a record amount.
The Labor Department said Wednesday that consumer prices fell by 1 percent last month, the biggest one-month decline on records that go back to February 1947. The drop was twice as large as the 0.5 percent decrease that analysts had been expecting ...
LOS ANGELES (AP) - An industry trade group says homebuilder sentiment has gone from bad to worse. That news comes ahead of today's Commerce Department report on October housing starts.
The National Association of Home Builders says its monthly index has dropped to a new all-time low this month. It reflects increased worries about the financial crisis, surging unemployment and low consume...