Among the earnings stories for Friday, March 28, from AP Financial News:
LOS ANGELES (AP) _ KB Home, one of the nation's biggest residential homebuilders, said Friday it posted a loss of more than $268 million in its first quarter as weak home sales amid a worsening housing market forced the company to take a large write-down related to falling home prices.
TROY, Mich. (AP) _ Auto parts supplier Noble International Ltd. said Wednesday its fourth-quarter loss more than doubled as hefty one-time charges offset a more than twofold increase in sales.
MINNEAPOLIS (AP) _ Dolan Media Co., a provider of legal and professional publications and services, said Thursday that it swung to a profit in the fourth quarter, beating Wall Street expectations, as its mortgage default processing business grew.
NEW YORK (AP) _ Shares of Elixir Gaming Technologies Inc. fell to a 52-week low Friday as an analyst downgraded the gaming equipment supplier and slashed his price target on disappointing fourth-quarter results.
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