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AFTER THE CLOSE.(TO THE POINT)
HOVNANIAN met Q1 views for a 29% rise to $1.74 a share. It cited lower-than-expected costs and strong demand for luxury homes. Revenue rose 24% to $775 mil, a little below views. It raised its '04 outlook to over $9.50. Analysts expect $9.36.
THE AIR FORCE admitted omitting data about the threat of corrosion in its aging refueling tankers. The military wants to lease new tankers from Boeing, a controversial plan.
EDS said the SEC wants more info on its ...
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