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BRIEFCASE.


Byline: -- Staff and Wire Services

Toll Brothers sees Q4 slide

PHILADELPHIA -- Luxury-home builder Toll Brothers Inc.'s fourth-quarter earnings fell 44 percent, but the company said it sees some signs of stabilization in the slumping housing sector and raised its forecast for first-quarter home deliveries.

Robert Toll, the company's chief executive officer, told analysts Tuesday that ``it appears we're off the bottom or a level above it'' in some markets. But, he stopped short of saying the housing market seems to have turned, since many other markets served by Toll Brothers still see sluggish sales.

Shares of Toll Brothers rose 96 cents, or 3.01 percent, to close at $32.87 in trading on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
.

McDowell ready on FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S.  impasse

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- FCC Commissioner Robert McDowell Robert David McDowell (born April 1 1900) was the Mayor of Maryborough, Queensland from 1939 to 1950.

When McDowell was a child of ten, his father lost a leg in a workplace accident, and was paid up until the hour of his injury.
 expressed confidence Tuesday that he could get up to speed quickly if he is called upon to join the agency's deadlocked dead·lock  
n.
1. A standstill resulting from the opposition of two unrelenting forces or factions.

2. Sports A tied score.

3.
 review of AT&T Inc.'s proposed purchase of BellSouth Corp.

He offered few clues, however, to his views on the $2.8 billion buyout or the impasse among his fellow members at the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. .

IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. , preparers agree on e-file

WASHINGTON -- The Internal Revenue Services and private tax preparers have agreed that a free electronic filing program will be offered for 2006 tax returns without solicitations for refund loans that sometimes carry high interest charges and fees, the IRS said Tuesday.

The IRS said the Free File Alliance, a coalition of tax-preparation software manufacturers that make their software products available for free, would no longer include side offerings such as refund-anticipation loans in their programs.

Such loans let customers immediately take home an expected refund. But consumer groups have complained that some loans come with high interest rates and fees.

The IRS said its data showed that only 0.5 percent of Free File users requested a refund-anticipation loan this year in filing their 2005 tax returns.

GM set to offer rollover A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover.  air bags

MILFORD, Mich. -- General Motors Corp. will make side curtain air bags that protect people in rollover crashes standard equipment on all retail vehicles by the 2012 model year, the automaker announced Tuesday.

The announcement was made as GM unveiled a new $10 million crash-test facility in suburban Detroit that will help it study rollover crashes.

GM said it planned to perform 150 rollover tests next year at the Milford Proving Grounds
Proving Grounds is a third season episode of Beast Wars. Plot
Blackarachnia is growing steadily more annoyed with the tension between her and the Maximals.
 to help the company better understand rollover crashes, which in 2005 accounted for about 4 percent of all crashes but 33 percent of those occupants of passenger vehicles killed on the nation's highways.

GM's new facility includes a 120-foot bay of lights, which can move from 27 feet above to within one foot of the floor and articulate to 80 degrees, allowing better illumination of the crashes that are captured on high-speed video for analysis.
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Dec 6, 2006
Words:473
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