Tuesday, July 17, 2007

UPDATE 1-Pulte sees second-quarter loss

(Reuters) - Pulte said the quarterly loss would include charges of $740
million to $770 million on a pretax basis, or $1.85 to $1.92
per share after taxes, related to impairments and lower land
values.




The company said the outlook also includes a pretax charge
of about $40 million, or 10 cents per share after taxes,
related to a 16 percent staff cut announced on May 29.


Read more at Reuters.com Bonds News

No comments: