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Shares of Hovnanian Enterprises (HOV -6.4%) dip after S&P downgrades the company, saying its...

Nov. 03, 2011 3:52 PM ETHovnanian Enterprises, Inc. (HOV) StockHOVBy: David Yelle, SA News Editor
Shares of Hovnanian Enterprises (HOV -6.4%) dip after S&P downgrades the company, saying its latest offer to exchange debt technically constitutes a form of default.

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