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Stock Market & Financial Investment News

News Breaks
January 23, 2013
10:36 EDTTOLToll Brothers to expand into 'high-end' college dorms, Bloomberg says
Toll Brothers (TOL) is expanding into the development high-end college dormitories, says Bloomberg citing an interview with CEO Douglas Yearley Jr. at the International Builders’ Show in Las Vegas. Reference Link
News For TOL From The Last 14 Days
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June 19, 2015
14:26 EDTTOLHomebuilders advance after KB Home reports earnings
Shares of homebuilder stocks are rallying in a down market after group member KB Home (KBH) reported second quarter EPS of 10c on revenue of $623M, beating consensus estimates of 8c and $619M, respectively. Net orders grew 33% to 3,015 in the current quarter, compared to 2,269 in the year-earlier quarter, largely driven by expansion in the company’s average community count. PRICE ACTION: In afternoon trading KB Home is up about 10% to $16.46. Other homebuilder stocks are moving up as well, with DR Horton (DHI) and PulteGroup (PHM) each up about 2% and Lennar (LEN) up 3%.

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