Levitt is a homebuilding and real estate development company with activities throughout the Southeastern U.S. As of Dec 31 2006, Co.'s principal real estate activities...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) today announced financial results for the fourth quarter and year ended December 31, 2007. For the fourth quarter 2007, Levitt Corporation ("Levitt" or "the Company") reported a net loss of ($8.3) million, or ($0.09) per diluted share, compared with a net loss of...
George Scanlon, CFO of Fort Lauderdale-based Levitt Corp., has resigned. Patrick Worsham, a partner in ... George Scanlon, CFO of Fort Lauderdale-based Levitt Corp., has resigned. Patrick Worsham, a partner in executive services firm Tatum LLC, will become acting CFO.
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) today announced financial results for the period ending September 30, 2007. For the third quarter of 2007, Levitt Corporation ("Levitt" or "the Company") reported a net loss of ($169.2) million, or ($8.37) per diluted share, compared with net income of $3.0 million or...
Levitt Corp. will lay off 200 employees in its home building subsidiary, Levitt and ... Levitt Corp. will lay off 200 employees in its home building subsidiary, Levitt and Sons, because of the housing slowdown.
FORT LAUDERDALE, Fla. -- Levitt Corporation ("Levitt") (NYSE:LEV) today announced that it has set a subscription price of $2.00 for its proposed rights offering of up to 100,000,000 shares of its Class A Common Stock. Upon commencement of the rights offering, Levitt will distribute non-transferable subscription rights to purchase shares...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) today announced that at its annual meeting of shareholders held earlier today, Levitt's shareholders approved an amendment to its Amended and Restated Articles of Incorporation increasing the number of authorized shares of its Class A Common Stock from 50,000,000 to 150,000,000 and elected...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) today announced that it has set August 27, 2007 as the record date for its proposed rights offering. The specific terms of the rights offering will be contained in a prospectus, a copy of which will be mailed to each holder of Levitt's...
BFC Financial Corp. has terminated its merger agreement with home builder Levitt Corp. BFC made the decision a few days after Levitt announced ... BFC Financial Corp. has terminated its merger agreement with home builder Levitt Corp. BFC made the decision a few days after Levitt...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) announced today that it plans to post its financial results for the first quarter ended March 31, 2007 in a press release to be issued after the market closes on Wednesday, May 9, 2007.
FORT LAUDERDALE, Fla. -- Levitt Corporation ("Levitt") (NYSE: LEV), the parent company of Levitt and Sons and Core Communities, today announced preliminary information for the fourth quarter 2006 for its Homebuilding and Land Division subsidiaries.
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) today announced financial results for the period ending June 30, 2007. Net loss for the second quarter of 2007 was $58.1 million, or ($2.93) per diluted share, compared with a net loss of $737,000, or ($0.04) per diluted share in the second quarter...
FORT LAUDERDALE, Fla. -- BFC Financial Corporation (NYSE Arca: BFF) and Levitt Corporation (NYSE: LEV) announced today that they have entered into a definitive merger agreement pursuant to which Levitt will become a wholly-owned subsidiary of BFC. Levitt is one of the Southeast's premier home builders and land developers. BFC,...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) announced today that it had completed its Rights Offering at 5:00 p.m. on October 1, 2007 and will receive $153,114,690 of proceeds in connection with the exercise of rights by its shareholders. As a result, it will be issuing an aggregate of 76,557,345...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) announced today that it plans to post its financial results for the fourth quarter and year ended December 31, 2006 in a press release to be issued after the market closes on Wednesday, March 7, 2007.
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) announced today that it expects to post its financial results for the second quarter ended June 30, 2006 in a press release, to be issued after the market closes on Wednesday, August 2, 2006. Levitt Corporation will also host an investor and media...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) today announced financial results for the period ending March 31, 2007. Net income for the first quarter of 2007 was $1.3 million, or $0.06 per diluted share, compared with a net loss of $660,000, or ($0.03) per diluted share in the first quarter...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV), the parent company of Levitt and Sons and Core Communities, today announced preliminary results for the fourth quarter 2005 for its homebuilding and land division subsidiaries. Levitt Corporation is unable to provide more complete financial information at this time because the financial results...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE: LEV) announced today that it has delayed the release of its financial results and its previously scheduled earnings conference call for the fourth quarter and full-year 2005. Late yesterday, Bluegreen Corporation advised Levitt of an additional balance sheet adjustment in connection with the...
FORT LAUDERDALE, Fla. -- Levitt Corporation (NYSE:LEV) ("Levitt") announced today that it has received a notice from BFC Financial Corporation (NYSE Arca:BFF) ("BFC") terminating the merger agreement between BFC and Levitt which was entered into in January 2007.
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