May 9, 2007

Toll Brothers Sees More Home-building Downturn

“This, in turn, can impact the entire ‘housing food chain,’ including some of our potential customers’ ability to sell their existing homes”

Luxury home builder Toll Brothers Inc. said on Wednesday it expected to report lower quarterly revenue and warned that its profit would fall short of its own forecasts, as the protracted downturn in the U.S. … via BNET

Original post by BNET

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