Content about Red Bank

March 10, 2012

Residential builder Hovnanian narrowed its losses during the first fiscal quarter to $18.3 million, compared to a loss of $64.1 million during the same quarter a year ago.  Revenue for the Red Bank, N.J.-based company grew by 6.7% during the quarter , which ended Jan. 31, to $269.6 million.

"The spring selling season is off to a good start," said company CEO Ara  Hovnanian in a prepared statement. "We are hopeful that these positive trends continue." 

Net contracts increased 27% to 1,079 homes from 850 homes last year. 

December 20, 2007

The company reported it delivered 13,564 homes for the year, down 24.4 percent from last...

October 7, 2007

Lumber and building material operators received some no-nonsense advice from several home-building executives at the...

September 9, 2007

Hovnanian posts third-quarter losses; Beazer receives purported default notices....