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<item><link>http://www.alacrastore.com/storecontent/newstex/PZM-0001-39222282</link><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PZM-0001-39222282</newstex:docid><guid isPermaLink="false">newstex/PZM-0001-39222282</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><newstex:Contributor xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Contributor><newstex:CopyrightDate xmlns:newstex="http://www.alacra.com/newstex">2005</newstex:CopyrightDate><newstex:CopyrightHolder xmlns:newstex="http://www.alacra.com/newstex">Copyright (c) 2009, GlobeNewswire.</newstex:CopyrightHolder><newstex:CreditLine xmlns:newstex="http://www.alacra.com/newstex">Toll Brothers, Inc.</newstex:CreditLine><newstex:Provider xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Provider><newstex:ProviderId xmlns:newstex="http://www.alacra.com/newstex">newstex.com</newstex:ProviderId><newstex:PublicIdentifier xmlns:newstex="http://www.alacra.com/newstex">newstexPZM-0001-39222282</newstex:PublicIdentifier><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">GlobeNewswire</newstex:Publication><newstex:PublicationCode xmlns:newstex="http://www.alacra.com/newstex">0001</newstex:PublicationCode><newstex:Publisher xmlns:newstex="http://www.alacra.com/newstex">GlobeNewswire</newstex:Publisher><newstex:PublisherCode xmlns:newstex="http://www.alacra.com/newstex">PZM</newstex:PublisherCode><newstex:RevisionId xmlns:newstex="http://www.alacra.com/newstex">1</newstex:RevisionId><newstex:Source xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Source><newstex:SourceId xmlns:newstex="http://www.alacra.com/newstex">GlobeNewswire</newstex:SourceId><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04018000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016048</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><pubDate>28 Oct 2009 10:26:25 EST</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002007</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002004</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19001010</newstex:geo><newstex:loaddate xmlns:newstex="http://www.alacra.com/newstex">10/28/2009</newstex:loaddate><title>Toll Brothers' Website to Broadcast Its November 11, 2009 'Fourth Quarter 2009 Outlook' Conference Call Live</title><description> GlobeNewswire delivered by Newstex) --  HORSHAM, Pa., Oct. ##, #### (GLOBE NEWSWIRE) -- Toll Brothers, Inc. 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Announces Expiration and Final Results of Cash Tender Offer for Certain Outstanding Debt Securities</title><description> GlobeNewswire delivered by Newstex) --  HORSHAM, Pa., Oct. ##, #### (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), ( www.tollbrothers.com ), today announced the final results of the previously announced tender offer (the "tender...</description><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">TOLL BROTHERS INC</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">JOSEPH R SICREE</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">TOL</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Housing_Weekly_Monitor_Week_Ended_9_27_06_August_Home_Sales-45506</link><cs:docid xmlns:cs="http://www.alacra.com/cs">45506</cs:docid><guid isPermaLink="false">cs/45506</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">We update economic and financial indicators for the housing market, as well as equity and debt performance, to aid further analysis and provide a more complete overview of the sector.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">flee</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">srowin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">beazer_homes</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">centex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">d_r_horton</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">hovnanian_enterprises</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">ingersoll_rand</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">kb_homes</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lennar</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">masco</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">mdc_holdings</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">pulte_homes</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">standard_pacific</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">the_ryland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">toll_brothers</cs:company><cs:companyMention xmlns:cs="http://www.alacra.com/cs">beazer_homes</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">centex</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">d_r_horton</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">hovnanian_enterprises</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">ingersoll_rand</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">kb_homes</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">lennar</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">masco</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">mdc_holdings</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">pulte_homes</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">standard_pacific</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">the_ryland</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">toll_brothers</cs:companyMention><cs:csid xmlns:cs="http://www.alacra.com/cs">45506</cs:csid><pubDate>09 Oct 2009 05:09:43 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">45506</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:sector xmlns:cs="http://www.alacra.com/cs">home_builders</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">homebuilding</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">manufacturing</cs:sector><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">home_builders</cs:sectorFocus><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">homebuilding</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">manufacturing</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tagMention><title>Housing Weekly Monitor (Week Ended 9/27/06): August Home Sales</title><description> Housing Weekly Monitor (Week Ended #/##/##): August Home Sales Throughout August, both new and existing home salesÂ caught the market off-guard as sales for the month came in ahead of Street expectations.Â  

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Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_186763_753065</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_186763_753065</moodys:docid><guid isPermaLink="false">moodys/PR_186763_753065</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>16 Sep 2009 04:35:23 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Toll Brothers, Inc.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Toll Brothers Finance Corp.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Toll Corporation</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Toll Brothers Finance Corp.; Toll Brothers, Inc.; Toll Corporation</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">753065</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600068509</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">187400</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">15 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's rates Toll Brothers' new senior notes Ba1</title><description>Global Credit Research Rating Action ## SEP ####   Rating Action: Toll Brothers, Inc. 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(NYSE:TOL) ( www.tollbrothers.com ), the nation's leading builder of luxury homes, today reported preliminary results for its...</description><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">TOLL BROTHERS INC</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">JOEL H RASSMAN</newstex:index_entry_person><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">ROBERT I TOLL</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">TOL</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><title>Toll Brothers Inc is rumored to be planning to acquire Hovnanian Enterprises Inc</title><description>US - Toll Brothers Inc was rumored to be in negotiations to merge with Hovnanian Enterprises Inc, a Red Bank- based provider of home construction and financial services.</description><pubDate>07 Aug 2009 08:14:14 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xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2096913020</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>New York</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Construction Firms</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United States</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Operative builders</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>1531</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>PA</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Pennsylvania</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>TOL</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">1521:Single-family housing construction</sdc:value><sdc:value sdc:p="1">1522:Residential construction, nec</sdc:value><sdc:value sdc:p="2">1531:Operative 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Apr 09</sdc:value></sdc:fiscal_ADATEFIN><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_AEPS><sdc:value>-1.75000</sdc:value></sdc:fiscal_AEPS><sdc:fiscal_ANI><sdc:value>-280.17600</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>2303.92100</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>6061.88500</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_CURRENCYLONG><sdc:value>U.S. Dollar</sdc:value></sdc:fiscal_CURRENCYLONG><sdc:fiscal_DATEFIN><sdc:value>30 Apr 09</sdc:value></sdc:fiscal_DATEFIN><sdc:fiscal_FISCAL><sdc:value>31 Oct 08</sdc:value></sdc:fiscal_FISCAL><sdc:fiscal_FISCAL1><sdc:value>31 Oct 07</sdc:value></sdc:fiscal_FISCAL1><sdc:fiscal_FISCAL2><sdc:value>31 Oct 06</sdc:value></sdc:fiscal_FISCAL2><sdc:fiscal_FISCAL3><sdc:value>31 Oct 05</sdc:value></sdc:fiscal_FISCAL3><sdc:fiscal_FISCAL4><sdc:value>31 Oct 04</sdc:value></sdc:fiscal_FISCAL4><sdc:fiscal_RATE><sdc:value>1.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Toll Brothers Inc,</sdc:value><sdc:value sdc:p="1">headquartered in Horsham,</sdc:value><sdc:value sdc:p="2">Pennsylvania, is a</sdc:value><sdc:value sdc:p="3">construction company focused</sdc:value><sdc:value sdc:p="4">on building luxury homes</sdc:value><sdc:value sdc:p="5">serving the move-up,</sdc:value><sdc:value sdc:p="6">empty-nester, active-adult and</sdc:value><sdc:value sdc:p="7">second-home home buyers and</sdc:value><sdc:value sdc:p="8">operating in 21 states:</sdc:value><sdc:value sdc:p="9">Arizona, California, Colorado,</sdc:value><sdc:value sdc:p="10">Connecticut, Delaware,</sdc:value><sdc:value sdc:p="11">Florida, Georgia, Illinois,</sdc:value><sdc:value sdc:p="12">Maryland, Massachusetts,</sdc:value><sdc:value sdc:p="13">Michigan, Minnesota, Nevada,</sdc:value><sdc:value sdc:p="14">New Jersey, New York, North</sdc:value><sdc:value sdc:p="15">Carolina, Pennsylvania, South</sdc:value><sdc:value sdc:p="16">Carolina, Texas, Virginia and</sdc:value><sdc:value sdc:p="17">West Virginia. The company was</sdc:value><sdc:value sdc:p="18">founded in 1967.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Toll Brothers Inc, headquartered in Horsham, Pennsylvania,</sdc:value><sdc:value sdc:p="1">is a construction company focused on building luxury homes</sdc:value><sdc:value sdc:p="2">serving the move-up, empty-nester, active-adult and</sdc:value><sdc:value sdc:p="3">second-home home buyers and operating in 21 states: Arizona,</sdc:value><sdc:value sdc:p="4">California, Colorado, Connecticut, Delaware, Florida,</sdc:value><sdc:value sdc:p="5">Georgia, Illinois, Maryland, Massachusetts, Michigan,</sdc:value><sdc:value sdc:p="6">Minnesota, Nevada, New Jersey, New York, North Carolina,</sdc:value><sdc:value sdc:p="7">Pennsylvania, South Carolina, Texas, Virginia and West</sdc:value><sdc:value sdc:p="8">Virginia. The company was founded in 1967.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Toll Brothers Inc, headquartered in Horsham, Pennsylvania, is a construction company focused on building luxury homes serving the move-up, empty-nester, active-adult and second-home home buyers and operating in 21 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. The company was founded in 1967.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Hovnanian Enterprises Inc,</sdc:value><sdc:value sdc:p="1">located in Red Bank, New</sdc:value><sdc:value sdc:p="2">Jersey, provides home</sdc:value><sdc:value sdc:p="3">construction and financial</sdc:value><sdc:value sdc:p="4">services. The company designs,</sdc:value><sdc:value sdc:p="5">constructs, markets, and sells</sdc:value><sdc:value sdc:p="6">single-family detached homes,</sdc:value><sdc:value sdc:p="7">attached townhomes and</sdc:value><sdc:value sdc:p="8">condominiums, mid-rise and</sdc:value><sdc:value sdc:p="9">high-rise condominiums, urban</sdc:value><sdc:value sdc:p="10">infill, and active adult</sdc:value><sdc:value sdc:p="11">homes. It also provides</sdc:value><sdc:value sdc:p="12">various financial services,</sdc:value><sdc:value sdc:p="13">including originating</sdc:value><sdc:value sdc:p="14">mortgages from homebuyers, and</sdc:value><sdc:value sdc:p="15">title insurance activities.</sdc:value><sdc:value sdc:p="16">The company was founded in</sdc:value><sdc:value sdc:p="17">1959.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Hovnanian Enterprises Inc, located in Red Bank, New Jersey,</sdc:value><sdc:value sdc:p="1">provides home construction and financial services. The</sdc:value><sdc:value sdc:p="2">company designs, constructs, markets, and sells</sdc:value><sdc:value sdc:p="3">single-family detached homes, attached townhomes and</sdc:value><sdc:value sdc:p="4">condominiums, mid-rise and high-rise condominiums, urban</sdc:value><sdc:value sdc:p="5">infill, and active adult homes. It also provides various</sdc:value><sdc:value sdc:p="6">financial services, including originating mortgages from</sdc:value><sdc:value sdc:p="7">homebuyers, and title insurance activities. The company was</sdc:value><sdc:value sdc:p="8">founded in 1959.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Hovnanian Enterprises Inc, located in Red Bank, New Jersey, provides home construction and financial services. The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill, and active adult homes. It also provides various financial services, including originating mortgages from homebuyers, and title insurance activities. The company was founded in 1959.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>77.21000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>05 Aug 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 05 Aug 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 08/05/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Merger</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Not Appl.</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>1293.07900</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>-0.14600</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>18.89900</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>-6.21300</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>-5.73400</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>14.68800</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>-1.36100</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.58500</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>2506.52000</sdc:value></sdc:m_AMV><sdc:m_C1DAY><sdc:value>3.81000</sdc:value></sdc:m_C1DAY><sdc:m_C1WK><sdc:value>3.07000</sdc:value></sdc:m_C1WK><sdc:m_C4WK><sdc:value>1.81000</sdc:value></sdc:m_C4WK><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.94500</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>1910.15400</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>139.74800</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>88.03500</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>-58.56900</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>-28.34600</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">US - Toll Brothers Inc was</sdc:value><sdc:value sdc:p="1">rumored to be in negotiations</sdc:value><sdc:value sdc:p="2">to merge with Hovnanian</sdc:value><sdc:value sdc:p="3">Enterprises Inc, a Red Bank-</sdc:value><sdc:value sdc:p="4">based provider of home</sdc:value><sdc:value sdc:p="5">construction and financial</sdc:value><sdc:value sdc:p="6">services.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>US - Toll Brothers Inc was rumored to be in negotiations to merge with Hovnanian Enterprises Inc, a Red Bank- based provider of home construction and financial services.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">US - Toll Brothers Inc was rumored to be in negotiations to merge with Hovnanian</sdc:value><sdc:value sdc:p="1">Enterprises Inc, a Red Bank- based provider of home construction and financial services.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>US - Toll Brothers Inc was rumored to be in negotiations to merge with Hovnanian Enterprises Inc, a Red Bank- based provider of home construction and financial services.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">US - Toll Brothers Inc was rumored to be in negotiations to merge with Hovnanian Enterprises Inc, a Red Bank- based provider of home</sdc:value><sdc:value sdc:p="1">construction and financial services.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Rumor</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>3086.39500</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>-280.17600</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>2303.92100</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>6061.88500</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>-1.01800</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>-208.11500</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>-189.68300</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>161.19100</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>735.57400</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>890.42600</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>669.52300</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>-78.60200</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>-225.49500</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>-16.04000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>-10.11000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>2.14000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>7.16000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>5.35000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>-12.41000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>88.03500</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>356.12000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>1385.53100</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>2074.64800</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>1972.60600</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>1350.96200</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>-1124.59000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>-627.11900</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>149.53300</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>471.84700</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>348.68100</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>-949.96700</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>-1131.44800</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>-618.74300</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>217.72100</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>745.54600</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>549.77200</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>-870.15400</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>3308.11100</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>4798.92100</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>6148.23500</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>5348.41700</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>4160.40300</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>2209.75400</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>2693.13200</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>3637.32200</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>4540.54800</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>5480.03500</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>4719.95500</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>3156.26700</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Rumor</sdc:value></sdc:q_STATUS><sdc:r_CURR_CODE><sdc:value>US</sdc:value></sdc:r_CURR_CODE><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>-26.64800</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>-5.57000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>61.39800</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>-18.53000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>3.61000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">1521:Single-family housing construction</sdc:value><sdc:value sdc:p="1">1522:Residential construction, nec</sdc:value><sdc:value sdc:p="2">1531:Operative builders</sdc:value><sdc:value sdc:p="3">6162:Mortgage bankers and loan correspondents</sdc:value><sdc:value sdc:p="4">6361:Title insurance</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>6040001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>New York</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>United States</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>1531</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Pennsylvania</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>TOL</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">1521:Single-family housing construction</sdc:value><sdc:value sdc:p="1">1522:Residential construction, nec</sdc:value><sdc:value sdc:p="2">1531:Operative builders</sdc:value><sdc:value sdc:p="3">6162:Mortgage bankers and loan correspondents</sdc:value><sdc:value sdc:p="4">6361:Title insurance</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>2932001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>New York</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>United States</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>1531</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>New Jersey</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>HOV</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/458566_report_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">458566_report_frame</fitch:docid><guid isPermaLink="false">fitch/458566_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pulte Homes, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">MDC Holdings, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">NVR, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Toll Brothers, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Standard Pacific Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">M/I Homes, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Ryland Group, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Meritage Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lennar Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hovnanian Enterprises, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">KB Home</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">D.R. Horton, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Beazer Homes USA, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Centex Corporation</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090412</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80092359</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091237</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091096</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090627</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361521</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091751</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80610455</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089922</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82176029</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81199689</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091415</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091167</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80092080</fitch:companyid><pubDate>15 Jul 2009 10:18:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01032400</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">375</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Industry Comments</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PHM</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HOV</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MDC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">BZH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MTH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LEN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">NVR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">KBH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CTX</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SPF</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MHO</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TOL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">RYL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DHI</fitch:ticker><title>U.S. Homebuilding/Construction: The Chalk Line -- Quarterly Update: Summer 2009</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item></channel></rss>