KB Home narrows loss but revenue cut in half; stock falls

no sign of rebound anytime soon for the housing market as sales of kb homes wss cut in half.

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"KB Home narrows loss but revenue cut in half; stock falls"

KB Home's fourth-quarter loss is narrower than that of a year ago, but revenue and orders for new homes are roughly cut in half as residential builders continue to feel the bite of the housing slump.

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