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Lennar Posts $171 Million Q3 Loss on Write-Downs (LEN)

By Dividend.com Staff
September 21st, 2009

lennar-posts-171-million-q3-loss-on-write-downs-len

Homebuilder Lennar Corporation (LEN) said Monday that its third quarter loss almost doubled from last year, hurt by continued write-downs on the value of its land and inventory of unsold homes.

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