British homebuilder Taylor Wimpey PLC's shares fell by 12 percent Wednesday morning, after the company reported a huge first-half loss resulting from 1.51 billion pounds ($2.79 billion) worth of write-downs to the value of its assets.
homebuilderUK homebuilder Taylor Wimpey posts $2.6B lossNewsvine - business Wed, 08/27/2008 - 06:09
Taylor Wimpey PLC, Britain's largest homebuilder by volume, reported a $2.6 billion loss for the first half of the year on Wednesday, reflecting a nearly $2.8 billion write-down in the value of its assets. Tags:
Beazer Homes 3Q loss narrowsNewsvine - business Fri, 08/08/2008 - 06:10
Beazer Homes USA Inc. says its fiscal third-quarter loss narrowed despite lower revenue as the homebuilder's expenses declined. |
