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Stock Market & Financial Investment News

News Breaks
March 22, 2013
07:33 EDTTOLToll Brothers management to meet with Deutsche Bank
Meeting to be held in Frankfurt on March 22 hosted by Deutsche Bank.
News For TOL From The Last 14 Days
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July 2, 2015
12:37 EDTTOLToll Brothers management to meet with MKM Partners
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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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