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DR-HORTON

The Wire

D.R. Horton Swings to 1Q Loss on Charges

D.R. Horton Inc., the nation's largest homebuilder, said Thursday it swung to a loss in its fiscal first quarter, due to hefty charges to write off inventory and land values as the housing slump continues to worsen.

D.R. Horton Swings to 4Q Loss

Homebuilder D.R. Horton Inc. said Tuesday it swung to a loss in the fourth quarter as the company again wrote down the value of unsold homes and land options, and the housing market showed few signs of improvement.

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