Luxury home builder Toll Brothers Inc. said Tuesday that its third-quarter profits fell by 19 percent
Aug. 22, 2006

Luxury home builder Toll Brothers Inc. said Tuesday that its third-quarter profits fell by 19 percent as the housing-market malaise weighed on sales and caused the company to abandon some building locations.

The possibility fo the October melt down just like 1987 is real again
Sam Adelton
Stagflation and slow consumer spending are making market ready for October crash again - Dow Ends Down 36, Nasdaq Closes Down 16
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The slowdown in the once-sizzling housing market is spreading
Media Release
The slowdown in the once-sizzling housing market is spreading, with 28 states and the District of Columbia reporting spring sales declines, led by big drops in former boom areas of Arizona, Florida and California.
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Dow industrials and S&P 500 give back almost all gains as oil prices stem losses but Nasdaq holds on
Media Release
A morning mega-rally turned into a small tech advance Monday as a broad advance petered out by the close, with only the Nasdaq holding on to gains.
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Disagreement between union and bankrupt auto parts maker raises the possibility of strikes
Media Release
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Fed finally pauses rate hikes
Media Release
Chairman Ben Bernanke and his colleagues appear ready to call a halt to the longest unbroken stretch of Fed interest rate increases in recent history, providing at least temporary relief to millions of consumer and business borrowers.
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US raised its forecast for the average price of oil in August by $3 a barrel, citing July's heat wave and decreased production from the closure of BP's oilfield
Media Release
The Energy Information Administration (EIA), the numbers arm of the Energy Department, estimated in its monthly energy forecast that oil is expected to average $76.50 a barrel in August, up from its prior forecasts of $73.50.
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The United States will consider revoking trade benefits under the Generalized System of Preferences for 13 advanced developing countries
Media Release
The announcement comes after the collapse of the Doha round of World Trade Organization talks, blamed by some U.S. legislators on a failure of large developing countries to open their markets to foreign goods.
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Starbucks Corp. third-quarter profits jumped 16 percent as it opened a record number of coffee houses
Media Release
For the 13 weeks ended July 2, the Seattle-based coffee retailer posted net earnings of $145.5 million, or 18 cents per share, up from $125.5 million, or 16 cents a share, in the same period a year earlier.
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Alliance Boots, the international drug distribution and retail group, could soon be selling its No 7 lipsticks in Florida as it hammers out a deal with CVS
Media Release
...it hammers out a deal with CVS, one of the US’s largest pharmacies, to roll out its own-brand ranges across the US.
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