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Philly Ticker

Losses are rarely good news for investors. But Orleans Homebuilders Inc. shares soared 56 percent last week even after airing its substantial red ink from its latest earnings report. Of course, the Bensalem company also detailed the steps it's taking to restructure its operations.

That made Orleans the biggest mover among local non-penny stocks. Add in recent interest rate cuts, and some investors may be hoping the worst is behind the builders.

- Mike Armstrong

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This page contains a single entry from the blog posted on February 3, 2008 8:28 PM.

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