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Empresas y finanzas

KB Home reports quarterly loss


    NEW YORK (Reuters) - Builder KB Home posted a quarterly loss on Friday, citing unprecedented pressures on the industry and the economy, and said conditions in 2009 would remain difficult or worsen.

    The No. 5 U.S. homebuilder posted a net loss of $307.3 million, or $3.96 per share, for the fourth quarter ended on November 30, compared with a year-earlier loss of $772.7 million, or $9.99 per share.

    Revenue fell 56 percent to $919 million.

    (Reporting by Helen Chernikoff; Editing by Lisa Von Ahn)