Finance
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Hovnanian Posts Unexpected Profit
Posted on June 06, 2012 at 14:11 PM EDT
Hovnanian Enterprises Inc. (NYSE: HOV) swung to an unexpected second quarter profit of 2 cents per share compared with a loss of 69 cents per share a year earlier as revenue climbed. Shares of the homebuilder rose 28 cents to $1.98. Related Stocks:
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