Friday, September 08, 2006
Business & Financial News: Lennar joins home-builder warning chorus
11:40 am ET Sep 8, 2006
Lennar joins home-builder warning chorus
Lennar Corp. became the latest residential builder to lower its profit
outlook Friday when the Miami company knocked down its third-quarter
estimate because of a weakening market for homes.
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OPEC to weigh options carefully at Monday meeting
A flood of news over the past three months drove crude prices to a
record level then pushed them back to a more than five-month low.
