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Thursday, September 07, 2006

Homebuilder Exits Home State

by Calculated Risk on 9/07/2006 06:14:00 PM

MarketWatch reports: St. Joe to exit Florida homebuilding

[Jacksonville, Fla.-based] St. Joe Co. after Thursday's closing bell said it plans to exit homebuilding in Florida, resulting a reduction in its workforce.
It's getting ugly out there.