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  • Barclays boss Staley promises hike in investor payouts despite £1.9bn loss
    
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  • BAE Systems spies future opportunities with Typhoon jets but flat forecast disappoints
    
  • Amey buys Carillion rail contracts, saving 700 jobs
    
  • Moneysupermarket shares plunge as investors told not to expect growth 
    
  • Kaz Minerals edges closer to long-awaited dividend on surging profits
    

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LOS ANGELES - The housing bust left homebuilders with plenty of red ink on their books as they walked away from swaths of land they no longer needed.

But now homebuilders are on the hunt, vying for choice parcels even in foreclosure-riddled markets, such as Las Vegas, Southern California and Orlando, where prices are cheap and there are signs of recovery.  more…

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