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Last updated: 04:58:31 Thursday Dec 4, 2008


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  • Toll Brothers 4Q loss narrows, no 2009 forecast
    HORSHAM, Pa. - Toll Brothers Inc. said Thursday its fiscal fourth-quarter loss narrowed slightly as it took fewer write-downs on land values, but warned that fiscal 2009 revenue will fall significantly below 2008 levels.   Activities:U.S. Foreclosure Crisis   Source:(AP)   2008-12-04

    GE expects to hit low end of 4Q guidance
    WASHINGTON - General Electric Co. said Tuesday it expects fourth-quarter earnings to be near the low end of its guidance and will take a charge of up to $1.4 billion as it starts to shrink its struggling GE Capital finance arm next year because of the ongoing credit crisis.   Activities:Global Financial Crisis   Source:(AP)   2008-12-02

    Sears suffers 3Q loss on weak US, Kmart sales
    CHICAGO - Hefty charges and poor results at its U.S. stores led Sears Holdings Corp. to post a bigger-than-expected loss for the third quarter on Tuesday, and the struggling retailer withdrew its operating profit outlook because of the nation's recession.   Nations:Canada   Source:(AP)   2008-12-02

    New home sales fall to slowest pace since 1991
    WASHINGTON - Sales of new homes fell in October to the lowest point in nearly 18 years while the median price of a new home dropped to the lowest level since 2004.   Nations:U.S.   People:Barack Obama   Activities:U.S. Foreclosure Crisis   Source:(AP)   2008-11-26

    DR Horton swings to $800 million loss
    FORT WORTH, Texas - D.R. Horton Inc. reported Tuesday a nearly $800 million loss in its fiscal fourth quarter on slower home sales and more than $1 billion in charges amid a troubled housing market.   Activities:U.S. Foreclosure Crisis   Source:(AP)   2008-11-25

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    [2007-8 Oil Crisis]: Oil hits near 4-year low on weak economic news (06:40 12/4)

    [2008 Mumbai Terror Attack]: Officials: Pakistan militants masterminded attacks (06:40 12/4)

    [2008 Global Recession]: BoE cuts interest rates, ECB decision due shortly (06:40 12/4)

    [Afghan Terror War]: Suicide bombers hit Afghan southeast (06:40 12/4)

    [Second Gulf War]: Iraq officials: Car bombings in Fallujah kill 10 (06:40 12/4)

    [U.S. Foreclosure Crisis]: Toll Brothers 4Q loss narrows, no 2009 forecast (06:40 12/4)

    [Global Financial Crisis]: European markets surge ahead of rate decisions (05:40 12/4)


    [U.S.-Russia Military Relations]: Russia to send warship through Panama Canal (23:38 12/3)


    [India-Pakistan]: Official: Pakistan group leaders linked to attacks (23:28 12/3)

    [2008 Automakers Downturn]: Automakers plead with Congress; votes lacking (23:28 12/3)




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