GM Reports Preliminary First Quarter 2008 Financial Results What, did GM become a Wall St. bank? The company lost $3.3 billion in the quarter, related to various things including GMAC stuff and a strike at American Axle. The good news:...

Toll Brothers Swings to Loss (WSJ) The big homebuilder, whose properties you sometimes see in NYC, reported a loss of $96 million, down from $54.3 million. Net signed contracts in the quarter fell 50 percent to $375.3 million. None of...