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Stock Market & Financial Investment News

News Breaks
March 12, 2014
06:13 EDTTOLToll Brothers downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Toll Brothers to Neutral from Outperform following monthly survey results that indicate continued demand weakness and lower buyer traffic. The firm expects lower 1H 2014 absorption rates and margins. Price target is $39.
News For TOL From The Last 14 Days
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January 15, 2015
10:00 EDTTOLOn The Fly: Analyst Initiation Summary
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07:38 EDTTOLToll Brothers initiated with an Equal Weight at Morgan Stanley
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January 13, 2015
12:48 EDTTOLOn The Fly: Midday Wrap
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11:50 EDTTOLKB Home comments hit shares of Homebuilders
Shares of companies in the Homebuilders space declined after KB Home (KBH) said on its earnings conference call that it will not meet its housing gross profit margin goal in 2015. KB cautioned that there is "still much work to do be done" to achieve its financial goals going forward. The homebuilder noted that as Q4 progressed, demand in some of its markets softened. It expects gross margins in Q1 to be down "significantly" from the year-ago period. Publicly traded companies in the space include Beazer Homes (BZH), D.R. Horton (DHI), Hovnanian (HOV), Lennar (LEN), M.D.C. Holdings (MDC), PulteGroup (PHM), Ryland Group (RYL) and Toll Brothers (TOL). The stocks moved lower following KB's comments.
11:44 EDTTOLHomebuilders decline after KB says won't hit 2015 housing margin goal
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January 12, 2015
10:00 EDTTOLOn The Fly: Analyst Downgrade Summary
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08:50 EDTTOLToll Brothers downgraded at KeyBanc
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06:52 EDTTOLToll Brothers downgraded to Hold from Buy at KeyBanc
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