Wednesday, June 16, 2010

Toll Brothers (TOL) Looking to Blame Oil Spill for Performance

I think they are the first ones to mention it. From a press release today:

"At the moment, consumers view the economic glass as half empty: volatile financial markets, global deficit concerns and the oil spill in the Gulf are all contributing to this gloom. We believe that once the employment picture begins to brighten and the economy stabilizes, consumer confidence will improve and the housing market should begin a steadier recovery."
You heard about it on Credit Bubble Stocks first!

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