homebuilders

BOSTON — The SPDR S&P Homebuilders ETF rallied 2% at Wednesday’s open after a report estimated U.S. housing starts jumped 14.6% in January. Builder stocks Beazer Homes USA Inc. , M.D.C. Holdings Inc. , KB Home and Lennar Corp. all rose more than 2% in early trading. Copyright

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HORSHAM, Pa., Feb. 9, 2010 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), (www.tollbrothers.com), the nation’s leading builder of luxury homes, today announced that Institutional Investor has ranked Toll Brothers’ chairman and chief executive officer Robert I. Toll as the top CEO in the Homebuilders & Building Products industry for the third year in a row, chief financial officer Joel H. Rassman as the top CFO within the Homebuilders & Building Products industry for the fifth year in a row, Toll Brothers as the company with the “Best Investor Relations” for the Homebuilders & Building Products industry for the second year in a row and Frederick Cooper, Senior Vice President Finance, International Development and Investor Relations, as the top Investor Relations professional within the Homebuilders & Building Products industry. Institutional Investor went on to name Toll Brothers as the 2010 All-America Executive Team for the Homebuilders & Building Products industry.

Originally posted here:
Institutional Investor Magazine Names Toll Brothers to Its 2010 All-America Executive Team

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