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Home Builder Toll Brothers Cuts 2006 Forecast

NEW YORK – Luxury home builder Toll Brothers Inc. (TOL), which warned last month it plans to build fewer homes, on Thursday cut its profit outlook for the current year and put its forecast for 2007 in doubt, citing the slowing U.S. housing market. The company also posted a better-than-expected …

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Iraqis Hand Over 'The Butcher,' High-Ranking Al Qaeda Member

BAGHDAD, Iraq – Iraqi citizens turned over a high-ranking Al Qaeda member known as “the Butcher” to U.S. forces in Ramadi Friday a military statement said. Amir Khalaf Fanus was No. 3 on the 28th Infantry Division’s High Value Individual list for Ramadi, wanted for murder and kidnapping in connection …

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SEC OKs Faster Financial Filings Schedule

WASHINGTON – The Securities and Exchange Commission Wednesday voted 5-0 to require some companies to file financial reports faster, but pushed back implementation of the new schedule for large companies to early 2007 when most 2006 annual reports come out. Under the new rule, large companies with market capitalizations above …

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