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ID: 25131
Title: Weak housing drives down Toll profits (Reuters)
Description:

Robert Toll, chief executive of luxury home builder Toll Brothers Inc. , speaks at the Reuters Real Estate Summit in New York, June 27, 2006. Toll Brothers Inc. on Thursday said the weak U.S. housing market drove down its quarterly profit 67 percent after write-downs for lower land values, and the luxury home builder lowered its forecast. (Brendan McDermid/Reuters)Reuters - Toll Brothers Inc. on Thursday said the weak U.S. housing market drove down its quarterly profit 67 percent after write-downs for lower land values, and the luxury home builder lowered its forecast.
Category: Business/Company Earnings/
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Date Added: February 22, 2007 06:45:47 PM
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