Toll Brother Sinking Like a Stone?: Things are not well over at... - NBC New York

Toll Brother Sinking Like a Stone?: Things are not well over at...

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    Toll Brother Sinking Like a Stone?: Things are not well over at...

    Things are not well over at the Toll Brothers. The country's biggest luxury homebuilder, said fourth-quarter revenue plunged 41 percent as the housing and credit crisis pummeled its business. Says Robert Toll: "Unfortunately, the preliminary signs of stability we had discussed in early September were upended by the past month's financial crisis." We hate when that happens. [Bloomberg via Brownstoner]

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