DR Horton awards bonuses to top execs after profitable year
Homebuilder DR Horton paid its top two executives nearly $4 million in bonuses after the company had its first profitable year since 2006, The Wall Street Journal reported.
The company had a net income of $245.1 million, up substantially after losing $549.8 million in 2009.
Although its 21,000 closings are up from a year earlier, they remain far below the company’s peak.
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