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Introducing the 24/7 Wall St. Wire

Things are getting worse at Toll Brothers (NYSE: TOL) For fiscal 2008′s first quarter ending January 31, home building revenues of approximately $842.7 million declined 22% compared to the same period a year ago. Gross signed contracts for the quarter of approximately $573.2 million and 904 homes declined 46% and 38% compared with last year. [...]

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Department Of Defense Blocks Lightsquared

The ultra fast high speed?wireless network company Lightsquared?has probably had its deployment plans blocked again. Lightsquared?is running out of time, as it tries to compete with other wireless services, and money, as its controlling shareholders financial problems widen. The Department?of Defense wrote the FCC and said that the?Lightsquared spectrum would interfere with some GDP signals. [...]

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September – Bad for Stocks, Great for this Investment

Investors don’t have a crystal ball that can predict the market, but they can study its past performance. History tells us that bull markets follow bear markets and that printing money causes inflation. It also shows that September is the worst month for the market. The average return for stocks during September has been about [...]