Word: solding
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...chief executive Robert Toll has unloaded more than 4.3 million shares and pocketed at least $82.5 million in pretax net proceeds, according to filings with the Securities and Exchange Commission. At least two other insiders - director Bruce Toll and president Zvi Barzilay - have also been selling: Bruce Toll sold 352,433 shares, netting proceeds of about $7.5 million, while Barzilay dumped 200,000 shares for net proceeds of about $3.5 million, the filings reported. In some but not all cases, the insiders sold shares they had acquired through stock options that were to expire on Dec. 20. (The cost...
...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 the buyer paid $5,356 per sq. ft. of living area...
Pamuk won the Nobel Prize in 2006. He has lived for many years in Istanbul, and is now a professor at Columbia University, where he teaches comparative literature and writing. His books have sold over seven million copies, and his statements on politics have generated much controversy, especially in Turkey...
...Sadder still is Najib Akhel Jabar, a rail-thin 12-year-old from the eastern Afghan city of Jalalabad, who said his father sold a piece of land to pay smugglers to take him and his cousin, also 12, to Europe, after Taliban fighters had repeatedly tried to press the boys into fighting with them. French Immigration Minister Eric Besson said on Tuesday that the 132 children arrested would be housed in special immigration youth centers until officials determined whether they qualified for asylum. In the camp on Monday Jabar described how he and his cousin hid in container trucks...
...same, there must be quite a few of those people, because even in a sluggish economy, the new stadium is close to selling out. By mid-September, the Cowboys were reporting that 95% of their club and reserve seats have been sold to season-ticket holders. That's all the more impressive when you remember that the Cowboys, who ruled the NFL in the early '90s, barely rule Texas these days. Between 1972 and 1996 they won five Super Bowls, three of them in the years after Jones bought the team in 1989 and started fiddling energetically with the coaching...