(Sharecast News) - Second-quarter profits at DR Horton dropped 20%, the American homebuilder revealed on Tuesday, as new home demand was pressured by affordability constraints and weak consumer confidence, though the company kept its full-year guidance.
Group revenues totalled $7.56bn over the three months to 31 March, down from $7.73bn the...

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE