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KB Home

A collection of news and information related to KB Home published by this site and its partners.

Top KB Home Articles

Displaying items 34-44
  • KB Home posts a narrower loss, awaits recovery

     
    As the new home market struggles to find its footing, executives at Los Angeles builder KB Home aren't quite ready to call the bottom. The company said today that its revenue for the three months ended in August fell 33%,......
  • Northrop move worsens Southern California's Fortune-500 brain drain

     
    Southern California is losing its third-largest Fortune 500 company headquarters with Northrop Grumman Corp.’s decision to move to the Washington, D.C., area. That leaves 19 of the Fortune 500 firms based in the Southland. As recently as 2006 there...
  • KB Home books a fourth-quarter profit

     
    Los Angeles builder KB Home booked a fourth-quarter profit by taking advantage of new tax rules. The company said this morning that net income was $100.7 million ($1.31 per share) for the three months ended Nov. 30 compared with a......
  • Gary Ray, key witness in case against former KB Home chief Bruce Karatz, completes testimony

     
    The key prosecution witness in the stock-options backdating trial of former KB Home chief Bruce Karatz completed his testimony Friday afternoon after four days on the witness stand. Gary Ray, who served as KB's vice president of human resources from......
  • KB Home narrows first-quarter loss over 2009

     
    Los Angeles builder KB Home reported a narrower loss in the first quarter compared with the first quarter of 2009 and predicted it would return to profitability later this year. The company said Tuesday it had posted a net loss......
  • Former L.A. Mayor Riordan is star witness at former KB Home chief Bruce Karatz's trial

     
    Former KB Home chief Bruce Karatz turned to a powerful ally Thursday in his defense against stock-options backdating charges, presenting former Los Angeles Mayor Richard J. Riordan as the first of his character witnesses. Riordan, who served as mayor...
  • Judge scolds jurors in KB Home options trial

     
    The judge overseeing the stock options backdating trial of former KB Home chief Bruce Karatz was unhappy to learn that a juror had a brief conversation with former Los Angeles Mayor Richard Riordan after his testimony Thursday. The Times reported......
  • Testimony concludes in trial of former KB Home chief Bruce Karatz

     
    Testimony concluded Tuesday morning in the trial of former KB Home chief Bruce Karatz, who federal prosecutors allege made $6 million in secret profits by backdating stock option grants for himself and other company executives and failing to account for.....
  • Jurors begin deliberations in backdating trial of former KB Home CEO Bruce Karatz

     
    The fate of former KB Home Chief Executive Bruce Karatz is now in the hands of a federal jury in Los Angeles. Karatz, who faces 20 felony charges, is accused of making millions of dollars by backdating stock options and......
  • No verdict in Karatz case [Updated]

     
    [Updated at 4:11 p.m.: A federal jury in Los Angeles completed its fifth day of deliberations Friday without reaching a verdict in the stock options backdating prosecution of former KB Home chief Bruce Karatz. The jury of nine men and......
  • Jury still out in Karatz options backdating case

     
    A federal jury in Los Angeles began its fifth day of deliberations Friday in the stock options backdating prosecution of former KB Home chief Bruce Karatz. The jury of nine men and three women began deliberations April 9 following one......