(Reuters) - M/I also estimated second-quarter impairment and write-off
charges of $60 million to $70 million, as well as $5 million
for charges related its 2005 acquisition of a Florida builder.
"Today's announcement is further evidence of the
challenging and uncertain conditions facing the home building
industry," M/I Chief Executive Robert Schottenstein said in a
statement.
Read more at Reuters.com Market News
charges of $60 million to $70 million, as well as $5 million
for charges related its 2005 acquisition of a Florida builder.
"Today's announcement is further evidence of the
challenging and uncertain conditions facing the home building
industry," M/I Chief Executive Robert Schottenstein said in a
statement.
Read more at Reuters.com Market News
No comments:
Post a Comment