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HOMEBUILDER-LENNAR

The Wire

Lennar 4Q loss narrows on smaller charges

Homebuilder Lennar Corp. eased back from the biggest loss in its history Thursday, helped by smaller charges to write down land values.

Lennar Swings to Loss, Sales Skid

Lennar Corp., one of the nation's largest homebuilders, said Thursday it swung to a loss in the first quarter as it absorbed charges to adjust land values, while new home sales and prices sank amid the stumbling real estate market.

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