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Wednesday, August 1, 2007

Beazer closes at record low

In Georgia business news … shares of Beazer Homes fell sharply today in a sign that subprime lending worries are expanding into other parts of the market. Some are concerned builders won’t be able to pay their bills and housing prices will continue to fall. The Atlanta-based company's shares closed at a record low. The stocks of other homebuilders also were down, but not as much.

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