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alstry (35.17)

Headline Nonsense

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February 09, 2009 – Comments (1)

HEADLINE:

Beazer Homes USA narrows loss on fewer impairments

STORY:

 

Revenue slumped to $232.4 million from $500.7 million.

The Atlanta builder said it closed 53% fewer homes

saw new orders drop 56.5%.

backlog of 965 homes worth $227 million compares to last year's backlog of 2,231 homes worth $605 million

first-quarter loss narrowed to $80.3 million, or $2.08 a share, from $138 million, or $3.59 a share

 http://www.marketwatch.com/news/story/Beazer-Homes-USA-narrows-loss/story.aspx?guid=%7B7E4601FE%2D62DA%2D486C%2D9CDB%2DF9B2C61E38DE%7D

Maybe the healine should have been....

Beazer still losing lots of money even though it is not selling many homes!!!!!!!!!!!!!!!!!

 

 

1 Comments – Post Your Own

#1) On February 09, 2009 at 1:27 PM, mliu01 (< 20) wrote:

It sickens me to hear all those bullshit.

What is wrong with people? Damn it.

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