PHILADELPHIA - Luxury-home builder Toll Brothers Inc. on Tuesday posted a second-quarter loss that was smaller than Wall Street expected, as a hefty write-down driven by joint ventures was offset by other income.
Shares of Toll Brothers rose 64 cents, or 3.1 percent, to $21.60.
Chief Executive Robert Toll said demand continues to be weak in […]
Entries from June 2008
Toll Brothers swings to hefty 2Q loss on write-downs
June 3rd, 2008 · Permalink
Tags: builders · gloom & doom
