toll brothers

U.S. New-Home Sales Fell in Dec., Sales for Year Up

The housing market is back, but how strong will it be this year? New home sales were weaker than expected in December, down nearly eight percent from a year earlier. But the housing recovery for all of 2012 was surprisingly strong after the collapse that started four years earlier.

5 Things to Watch on Wall St. Next Week

Now more than ever, there's never a dull moment on Wall Street. Next week will bring plenty of critical headlines, from a panoply of retail earnings reports to Pandora's first results as a public company. Read on for a complete preview of the news to come.

Toll Brothers Posts Quarterly Earnings of 30 Cents Per Share

Luxury-home builder Toll Brothers Inc (TOL) reported earnings of 30 cents per share for the quarter ending Oct. 31, compared with a loss of 68 cents per share a year earlier. Revenue declined 17% to $402.6 million, the company said in a statement. Earnings benefitted from factors including a net tax benefit of $59.9 million, lower write-down costs and reduced costs associated with retiring debt.

Lennar Could Be
a Hotspot in Cold Housing Stocks

Housing is one cold spot in the economy that continues to baffle and rattle investors. Lennar, however, is among the few that some big investors are moving back into. Its diversification and appeal to first-time buyers are among company's strengths.

Investors Need to Look Beyond the Headlines

Instead of embracing what the daily voices of doom are proclaiming -- a double-dip recession and the demise of stocks -- notice how equity prices continue to edge higher in spite of all the seemingly bad news. Long-term vision is needed instead of instant gratification.

Toll Brothers Cuts Losses in Half, Points to Signs of Rebound Ahead

Luxury home builder Toll Brothers beat analysts' expectations and cut its losses to $0.25 per share diluted or $40.8 million in the first quarter of fiscal 2010. And while quarterly revenues were down, the number of net signed contracts it booked for houses nearly doubled.