27.05.2010 - US luxury home builder Toll Brothers says housing market is turning the corner
From Proactiveinvestors.com: One of America’s largest luxury home builders, Toll Brothers Inc , told investors that its business has "finally emerged from the tunnel and into a bit of daylight", as the company’s Q2-2010 results showed sharply narrowing losses compared to the same period in 2009. For the second quarter of the financial year ended 30 April 2010, Toll Brothers reported a net loss of US$40.4 million, which equates to US$0.24 per share, compared to an US$83.2 million / US$0.52 per share net loss in Q2-2009..............................................Full Article: Source
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