Toll Brothers falls 5.2 percent after unexpected loss
Toll Brothers Inc., the largest U.S. luxury-home builder, fell the most in three months after reporting a surprise first-quarter loss as revenue declined and expenses increased.
View ArticleStocks drift higher but can’t match last week
U.S. stocks drifted higher Monday but lost the momentum from their biggest week of the year. A dividend from Apple, a deal for UPS and the promise of greater demand for U.S. Steel drove those stocks to...
View ArticleU.S. home sales rise 2.1 percent in October
U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and record-low mortgage rates.
View ArticleToll Brothers 4Q profit soars on tax benefit
Toll Brothers says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury homebuilder delivered more homes and its order backlog...
View ArticleToll Brothers 3Q profit down, but upbeat on market
The Horsham, Pa., company said net income fell 24 percent to $46.6 million, or 26 cents per share, in the three months that ended July 31.
View ArticleU.S. home construction fell in November
WASHINGTON — Builders pulled back on constructing homes in November, after groundbreakings surged in October to the strongest pace in more than nine years. Housing starts fell 18.7 percent last month...
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