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KB Home (KBH -1%) reaffirmed its FY13 outlook earlier today, saying it continues to see healthy...

KB Home (KBH -1%) reaffirmed its FY13 outlook earlier today, saying it continues to see healthy profitability in 2013. Its gross margin is expected to improve sequentially throughout the year. It also plans to invest more than $1B on land acquisition and development over the course of the year. (Webcast).
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