Chron.com - "Homebuilder Hovnanian Reports Loss in 4Q" (12-18-06)

"After paying preferred stock dividends, the company reported a quarterly loss of $117.9 million, or $1.88 per share for the quarter that ended Oct. 31. That compared to a profit $165.4 million, or $2.53 per share, for the same period a year ago."