Lennar, the second-largest US homebuilder, posted a second-quarter loss of $121 million. Around 60 cents a share out of the 76 cents a share in losses was attributed to more write-downs, indicating that the company is still losing money selling houses.
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Goldman posted net income of $2.09 billion, or $4.58 a share, on revenues of $9.42 billion for the second quarter. Although this was a decline from the previous year's quarter, it beat analysts' lowered expectations and it actually reported earnings instead of losses, in contrast with Lehman.
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Northern Foods that had earlier announced three year strategic plan, reports "good progress" for the first year and reaching profitability.
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Freddie Mac shares rose this morning as the company posted a narrower loss than estimated by analysts. Freddie lost $151 million in the first quarter.
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In a brilliant PR move, XM Satellite Radio managed to report its earnings in the sixth paragraph of its actual earnings release.
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MBIA posted a loss twice as large as anticipated by analysts, as the company was forced to write-down the value of its credit default swaps by $3.58 billion.
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Hudson Highland Group, Inc. (Nasdaq: HHGP), one of the world's leading providers of permanent recruitment, contract professionals and talent management solutions, today announced financial results for the first quarter ended March 31, 2008.
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Clarus Corporation (OTC Bulletin Board: CLRS.PK) today announced financial results for the quarter ended March 31, 2008. Clarus reported no revenues for the quarters ended March 31, 2008 and 2007, respectively. Net loss for the first quarter of 2008 increased $0.6 million, to $417,000 or $0.02 per diluted share compared to net income of $0.2 million or $0.01 per diluted share during the comparable period of 2007.
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Parkway Properties, Inc. (NYSE: PKY) today announced results for its first quarter ended March 31, 2008.
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Banco Santander Chile (NYSE: SAN; SSE: Bsantander) announced today its unaudited results for the first quarter 2008. These results are reported on a consolidated basis in accordance with Chilean GAAP(1)(2)(3) in nominal Chilean pesos.
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Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the first quarter ended March 31, 2008. Revenues for the first quarter of 2008 totaled $55.0 million, compared with the prior year's $52.6 million. Income from continuing operations for the first quarter of 2008 totaled $5.7 million, compared with the prior year's $2.7 million.
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Cogdell Spencer Inc. (NYSE: CSA), a real estate investment trust (REIT) that invests in specialty office buildings, including medical offices and ambulatory surgery and diagnostic centers, and provides advance planning and design-build services for the medical profession, today announced financial results for the quarter ended March 31, 2008.
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