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Robert Toll was not immediately available to comment, but a spokeswoman, Kira McCarron, says his stock sales are normally done for "diversification" reasons, to lower risk in his personal investment portfolio...
...Sharon Camp, president of the Guttmacher Institute, could be a further widening of the birth rate between wealthier women and the working poor. "Those who can afford better methods with a big upfront cost - like IUDs or vasectomies - may see pregnancy rates continue to fall," says Camp. "But among lower-income women, a third of them are saying that they can't afford the contraception they'd like to use. They're relying on less effective, over-the-counter methods. We could likely see an increase for them in unintended pregnancies...
...Richard A. Posner, who typically vote together, according to Ramseyer. Easterbrook sided with the majority, saying that fee levels should be determined by the market, while Posner—who wrote a dissent—argued that compensation has become excessive and the courts should intervene. According to Coates, lower courts that have affirmed shareholder complaints have asserted that mutual funds rates are not determined by the market and should thus be externally regulated because the funds do not compete with each other. “Mutual funds are often in price wars,” Coates said...
...economy has escaped the recession. The unemployment rate remains high - for Hong Kong at least - at 5.4%; retail sales dropped 5.5% year-on-year in July, the most recent data available. Though average prices for non-luxury housing has rebounded 25% this year, they are still a third lower than the market's all-time high, in 1997. (See pictures of Hong Kong...
...High-end residential real estate around the world has been hit hard by the recession. Prices for luxury flats in London are still a fifth lower than they were in March 2008. But confidence in Hong Kong's luxury market, driven by surprisingly strong economic growth in China, is recovering quickly. Just last week a penthouse apartment located in a new tower built not far from the Cullinan in Hong Kong's Kowloon district sold for $3.16 million. That may not sound like much for an upscale address, but the apartment has just 590 sq. ft. of useable space - meaning...