While the headline number was bad, the builder emphasized that it wasn't for lack of sales. More
Uneven home sales plagued the New Jersey-based builder throughout 2010. More
The late chairman of Hovnanian Enterprises gave back to his native and adopted countries. More
The builder sells 1,409 lots to Czechoslovakian investors. More
The big builder has seen an uptick in sales throughout its second quarter. More
Hovnanian Enterprises (NYSE:HOV) president and CEO Ara K. Hovnanian told analysts during a late morning conference call Wednesday that he saw clear signs that the housing market is improving. More
Early returns from our Builder 100 survey identify the top 10 builders in America... More
With credit tight, builders and buyers line up for FHA financing. More
The past 24 hours haven't been kind to Hovnanian Enterprises. Tuesday night, the builder reported a fourth quarter net loss of $469 million. On Wednesday morning, around the time Hovnanian shares were falling on Wall Street, its CEO, Ara K. Hovnanian, told analysts in a conference call that "challenging" market conditions resulted in the builder's first fiscal year loss--$638 million--in a "very long time." More
