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New home sales fall to lowest level in 13 years
New single-family home sales fell 2.8 percent in January to a seasonally adjusted annual rate of 588,000 units, the Census Bureau reported, reflecting a beaten and battered housing and mortgage market.
Great Lakes Dredge & Dock digs itself out of a hole
Shares of Great Lakes Dredge & Dock Corp. surged as much as 6 percent before closing up 2.8 percent Tuesday after the company swung to a fourth-quarter profit.
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