Homebuilder Stocks Sagging

Following about 10 months of mostly steady improvement in share prices, growth has flattened out a little in the homebuilders' stocks. Upbeat reports...

KB Home Earnings Fall by $30.7 Million

KB Home, one of the country's top homebuilders, posted a second-quarter net loss of $30.7 million, or 40 cents a diluted share, as revenues fell. In the second quarter of last year, the company posted a net loss of $78.4 million, or $1.03 a diluted share.