December 6, 2007

Toll Brothers loss smaller than expected (Reuters)

Robert Toll, chief executive of luxury home builder Toll Brothers Inc. , speaks at the Reuters Real Estate Summit in New York, June 27, 2006. (Brendan McDermid/Reuters)Reuters – Toll Brothers Inc on Thursday
reported a smaller-than-expected quarterly loss, as a charge
for the reduced value of its land came in at the lower end of
the company’s forecast.

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