Friday, May 4, 2007

UPDATE 2-Hovnanian sees bigger loss than previously thought

(Reuters) - The company said it expects to lose about 30 cents per share before certain land-related charges. It had earlier forecast a loss at 5 cents to 20 cents.

After the charges, the company expects a loss of 45 cents to 50 cents per share for the quarter, ended April 30.


Read more at Reuters.com Bonds News

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