ADVFN - Advanced Financial Network.
HOME» NYSE » K » KBH Stock Price » KBH Stock News

Kb Home Share News

 Kb Home Stock Price
KBH Stock Price
 Kb Home Stock Chart
KBH Stock Chart
 Kb Home Stock News
KBH Stock News
 Kb Home Company Information
KBH Company Information
 Kb Home Stock Trades
KBH Stock Trades

KB Home Consolidates Accounting Centers, 66 Workers Affected

By Dawn Wotapka Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- In a cost-cutting move, builder KB Home (KBH) said Thursday it is consolidating its two accounting and administrative services centers into one Phoenix office. The Los-Angeles based builder said it will move the Denver operation to Arizona during the next few months. The Phoenix office will manage accounting-related operations for its 30 markets nationwide. The builder, one of the nation's largest, did not say how much money will be saved. Some of the 66 affected Denver-based employees will be offered positions in Phoenix. The Denver home-building operation will not be affected. "The decision to consolidate our accounting centers allows us to better manage our costs and streamline our operations," said Jeff Kaminski, KB Home's chief financial officer. He added this is "one of the many steps we are taking in restoring KB Home to profitability." Home builders, battered by the housing downturn, have spent the last few years cutting costs, doing everything from simplifying housing plans to exiting underperforming markets. Shares of KB Home was up 2 cents to $11.13 in midday trading Thursday. -By Dawn Wotapka, Dow Jones Newswires; 212-416-2193; dawn.wotapka@dowjones.com

Stock News for Kb Home (KBH)
DateTimeHeadline
07/27/201617:38:14Statement of Changes in Beneficial Ownership (4)
07/21/201611:00:00KB Home Announces the Grand Opening of Mission Villas in San...
07/21/201609:10:00PulteGroup Reports Upbeat Earnings
07/20/201616:54:52Current Report Filing (8-k)
07/19/201608:00:00KB Home Announces the Grand Opening of Creekstone in Orlando
07/14/201617:05:49Securities Registration: Employee Benefit Plan (s-8)
07/14/201616:05:00KB Home Declares Third Quarter 2016 Dividend
07/14/201611:00:00KB Home Celebrates the Grand Opening of Groves and Greencourts...
07/13/201609:00:00KB Home Announces the Grand Opening of Williams Ranch Preserve...
07/08/201616:32:08Quarterly Report (10-q)
07/08/201608:10:00Residential Construction Equities Under Scrutiny - PulteGroup...
07/07/201611:00:00KB Home Introduces Villas Escalante in East Tucson
07/06/201611:00:00KB Home Announces the Grand Opening of Oakmore Reserve in Tucson
06/24/201616:07:57Annual Report of Employee Stock Plans (11-k)
06/22/201609:00:00KB Home Announces the Grand Opening of Cayden Creek in Conroe
06/21/201617:00:00First-Time Buyers Boost KB Home Results
06/21/201616:23:18Current Report Filing (8-k)
06/21/201616:15:00KB Home Reports 2016 Second Quarter Results
06/14/201608:00:00KB Home Recognized with Seventeen 2016 ENERGY STAR® Certified...
06/09/201611:00:00KB Home Celebrates Model Home Grand Opening at Hideaway in Hayward

Kb Home and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad