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Tuesday, April 1, 2008

Article : Tarragon posts Q4, 2007 losses

Tarragon Corp. released fourth quarter and full-year losses on Friday as the company wrapped up a year of significant sales.

The New York-based home builder, which sold many major properties in South Florida and across the state last fall, said it lost $18.4 million, or 65 cents a share, on revenue of $157.1 million in the fourth quarter. In the prior-year quarter, it lost $24 million, or 85 cents a share, on revenue of $159.5 million. ...

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