Daily Stocks News » TOL

Homebuilders’ Shares Rally after Bernanke’s Dovish Remarks (DHI, KBH, TOL, SPF, LEN, PHM)

Warren Paige — Fri, 12 Jul 2013 07:57:25 +0000

Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks.

While addressing a group of economists at the National Bureau of Economic Research,the Fed Chairman on Wednesday said that the bank still believes the need for continuing with its accommodating policy for foreseeable future. Bernanke said [...]

KB Home Tops Q2 Estimates, Shares Gain (KBH)

Warren Paige — Thu, 27 Jun 2013 16:09:35 +0000

KB Home (NYSE: KBH) reported lower-than-expected fiscal second-quarter loss on Thursday as the homebuilder benefitted from strong growth in home deliveries and higher average selling price amid gradually improving U.S. housing market.

Both adjusted loss and revenue exceeded analysts’ consensus estimate. Shares climbed about 3% in early trade.

KB Home’s better-than-expected performance follow some [...]

Lennar Corp. Q2 Results Beat Estimates (LEN, TOL)

Warren Paige — Tue, 25 Jun 2013 16:39:08 +0000

Lennar Corp. (NYSE: LEN) said on Tuesday that fiscal second quarter net income fell by 70% as the company had unfavorable comparables (more tax gains in the year earlier quarter); however shares climbed as both revenue and earnings exceeded street’s estimate. Strong growth in new orders and increase in home prices boosted the top line [...]

Major Movers on May 22; ZLC, NTAP, TGT, TOL, SKS

Warren Paige — Wed, 22 May 2013 18:11:40 +0000

Shares of Zale Corp. (ZLC) catapulted more than 20% by afternoon trade after the jewelry retailer reported on Wednesday that it swung into fiscal third quarter profit. The Company also announced that the appointment of its new Chairman, Terry Burman, who previously served at the Chief Executive at rival firm, Signet Jewelers Ltd. For the [...]

Toll Brothers Beat Q2 Estimates (TOL)

Warren Paige — Wed, 22 May 2013 17:01:43 +0000

Toll Brothers Inc. (NYSE: TOL) reported on Wednesday that its fiscal second-quarter profit climbed 46% as vastly improving U.S. housing market allowed the luxury homebuilder to sell more homes at higher average prices.

Shares rallied after the results were announced.

The Horsham Pa. based Company has been benefitting due to record low interest rates, [...]

Major Movers on February 20; TOL, DELL, SINA, CDE, JOY

Warren Paige — Wed, 20 Feb 2013 16:30:18 +0000

Shares of Toll Brothers Inc. (NYSE: TOL), a Horsham, Pennsylvania-based company engaged in designing, building, marketing and arranging financing for single-family detached and attached homes in luxury residential commodities, are down sharply in trading today even as the company swung to a profit in its fiscal first quarter.

Earlier today, TOL reported fiscal first-quarter [...]

Toll Brothers Shares Gain on Q4 Result (TOL)

Warren Paige — Tue, 04 Dec 2012 15:58:51 +0000

Shares of Toll Brothers Inc. (NYSE: TOL) have edged higher in trading today after the homebuilder reported its fourth-quarter financial results. The company’s fourth-quarter profit jumped thanks to a large tax benefit. TOL’s results have once again highlighted the fact that the housing market is seeing a strong recovery.

For the quarter ended October [...]

Major Gainers and Losers on August 22; TOL, EXPR, WSM, DELL, AEO, YELP, CHS, CLWR, SRZ, HCN

Warren Paige — Wed, 22 Aug 2012 21:00:24 +0000

Shares of luxury homebuilder, Toll Brothers Inc. (NYSE: TOL) rose sharply in trading today. The stock rose to a 52-week high of $33.68 before finishing the day 3.77% higher at $33.01 on above average volume of 10.16 million.

TOL shares rose in trading today after the company reported its third-quarter financial results.

Year-to-date, the [...]