Finance Blog number 1

May 6, 2008

Ranking of

Filed under: money — Tags: , , — Sun @ 1:10 am

MDC Holdings Inc. will be the only Colorado home builder included in a report, to be released Tuesday, that ranks the 13 largest, publicly traded U.S. builders by their "green" practices.

The ranking of the most environmental and sustainable builders was compiled by Calvert Group Ltd. of Bethesda, Md., with Boston College’s Institute for Responsible Investment in Boston. Calvert underwrites and distributes mutual funds that specialize in "sustainable and responsible investing," through its Calvert Distributors Inc. subsidiary.

MDC (NYSE: MDC) of Denver builds houses nationwide under the name Richmond American Homes no fax payday loans.

Other builders in the Calvert survey include Beazer Homes USA Inc. (NYSE: BZH) of Atlanta, Centex Corp. (NYSE: CTX) and D.R. Horton Inc. (NYSE: DHI) of Texas, KB Home (NYSE: KBH) of Los Angeles and Pulte Homes Inc. (NYSE: PHM) of Bloomfield Hills, Mich.

MDC Holdings recently reported a first-quarter net loss of $72.8 million, down from a loss of $94.4 million a year earlier. Revenue dropped 45.5 percent to $406.1 million from $745.1 million during the same period.


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