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April 30th, 2007, 04:05 PM
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Homebuilder Centex posts quarterly loss
(Reuters)
Reuters - Centex Corp. , the
fourth-largest U.S. home builder, on Monday reported a wider-than-expected quarterly loss as it scrambled to deal with the real-estate slowdown by selling off land that was decreasing in value and exiting the sub-prime lending and commercial contracting businesses. View the Entire Article
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