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To: shades who wrote (50613)5/5/2006 6:17:24 AM
From: shades  Read Replies (1) | Respond to of 116555
 
Toll Brothers 2Q Signed Contracts Fell 29% To $1.56B >TOL

Dow Jones Newswires

Luxury home builder Toll Brothers Inc. (TOL) Friday reported a 29% decline in signed contracts during the second quarter ending April 30, as speculative buyers exited the market and ordinary demand slackened on house price direction concerns.

But Toll said it believes that excess supply is a short-term phenomenon, noting the demographics of the luxury market remain strong and approval processes are getting tougher.

Toll said quarterly home-building revenue rose 18% to $1.4 billion, and its backlog rose 3% to $6.07 billion, both company records. It expects to deliver between 9,000 and 9,700 homes in the fiscal year, a reduction of 200 homes from its previous forecast.

-Steve Goldstein; 415-439-6456; AskNewswires@dowjones.com


(END) Dow Jones Newswires

May 05, 2006 05:16 ET (09:16 GMT)

Copyright (c) 2006 Dow Jones & Company, Inc.- - 05 16 AM EDT 05-05-06



To: shades who wrote (50613)5/5/2006 6:44:09 AM
From: shades  Read Replies (1) | Respond to of 116555
 
EU Seeks Ways To Avert Palestinian Humanitarian Crisis

(people starving all over eh? First afghans now palestines - hungry people can be violent)

BRUSSELS (AP)--The European Commission said Friday it was looking at alternative strategies to help the Palestinian people who could face increased food shortages because of the international opposition to their Hamas-led government.

With 1.4 million people there already living off food aid, a collapse of the cash-starved Palestinian Authority could swell that number by another million, officials said.

"This new phenomenon will aggravate the situation and increase pressure on all humanitarian partners," said European Union spokesman Amadeu Altafaj Tardio.

He said E.U. Humanitarian Aid Commissioner Louis Michel was preparing a decision to approve EUR34 million in additional assistance, primarily food aid, to help the Palestinians.


(END) Dow Jones Newswires

May 05, 2006 06:41 ET (10:41 GMT)

Copyright (c) 2006 Dow Jones & Company, Inc.- - 06 41 AM EDT 05-05-06