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Tuesday, February 16, 2010
Realogy cuts '09 loss to $262 million
Real estate franchise giant Realogy Corp. said net losses for 2009 totaled $262 million, as revenue fell by 17 percent from the year before, to $3.9 billion. Cost-cutting measures allowed Realogy to cut its annual loss considerably from the $1.9 billion loss reported for 2008. Realogy's revenue picture also improved in the final three months of the year, with fourth-quarter revenue up 11 percent from the same period of 2008, the company said in announcing results for the year. More »
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Builders boost confidence
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READER COMMENT
"Alain Pinel is the person so many aspire to be -- engaged, passionate, driven and happy. Fantastic article, and a wonderful reminder to all of us to continue our pursuit of our "next" in life. Thank you!" --Amy Stoehr
KRIS BERG
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Mob mentality
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