News: KB Home (KBH.N)

KBH.N on New York Stock Exchange

23.11USD
24 May 2013
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$-0.29 (-1.24%)
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Thu, Mar 21 2013

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KB Home to ramp up growth amid strong housing recovery

- KB Home , the fifth-largest U.S. homebuilder, plans to invest more than $1 billion this year on land acquisition and development as it steps up growth initiatives amid a strong U.S. housing recovery.

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UPDATE 2-KB Home to ramp up growth amid strong U.S. housing recovery

* To invest more than $1 billion in 2013 on land acquisition

KB Home reports smaller-than-expected loss

March 21 - KB Home, the fifth-largest U.S. homebuilder, reported a smaller-than-expected first-quarter loss and a jump in new home orders.

TEXT - Fitch rates KB Home's proposed convertible senior note offering

Jan 22 - Fitch Ratings has assigned a 'B+/RR4' rating to KB Home's (NYSE: KBH) proposed offering of $150 million convertible senior unsecured notes due 2019. The new issue will be equal in right of payment with all other senior unsecured debt. Concurrent with the notes offering, KBH also announced the public offering of $100 million of its common stock. The company intends to use the proceeds of the notes issuance and the common stock offering for general corporate purposes, including land acqu

BRIEF-KB Home shares off 2.1 percent after the bell

NEW YORK, Jan 22 - KB Home : * Shares off 2.1 percent after the bell, to offer $100 million of common stock

KB Home to form mortgage company with Nationstar unit

Jan 22 - KB Home, the fifth-largest U.S. homebuilder, said it would form a mortgage company with a unit of Nationstar Mortgage Holdings Inc to offer services to KB Home customers.

Higher costs keep KB Home from benefits of housing recovery

- KB Home reported a 20 percent rise in quarterly revenue as selling prices rose, but higher costs prevented the fifth-largest U.S. homebuilder from taking full advantage of a recovering housing market.

UPDATE 4-Higher costs keep KB Home from benefits of housing recovery

Dec 20 - KB Home reported a 20 percent rise in quarterly revenue as selling prices rose, but higher costs prevented the fifth-largest U.S. homebuilder from taking full advantage of a recovering housing market.

KB Home 4th-qtr revenue jumps, orders rise

Dec 20 - KB Home, the fifth-largest U.S. homebuilder, reported a rise in quarterly revenue as selling prices rose and orders jumped for the third straight quarter.

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