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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 45-55
  • 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......
  • Saving MOCA

    Saving MOCA
    With the news this week that the Museum of Contemporary Art on Grand Avenue is in dire financial straits and might have to merge with another institution, or even close, in the not too distant future, the time has again come for this city to step up. I'd...
  • 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......
  • Jury has a question in KB Home options backdating case

     
    Jurors asked the judge for help last week during deliberations in the stock-options-backdating prosecution of former KB Home chief Bruce Karatz, according to documents released Monday. The panel asked the court for a definition of a "derivative action,"...