Word: stocked
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Dates: during 2000-2009
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...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 of exercising the options was netted out of the proceeds figures.) (See pictures of 10 scared stock traders...
Robert Toll "has been an astute investor and has opportunistically sold stock" in the past, says Bob Curran, managing director at Fitch Ratings. "Many have suggested that they think the [homebuilding] stocks might be ahead of themselves." (See pictures of Americans in their homes...
...pictures of the top 10 scared stock traders...
...financial crisis has largely ended. Earnings at a number of large banks are rising again, and some smaller banks have been able to raise money on their own. Since the end of June, at least 15 small or regional banks have together raised more than $1 billion in stock offerings, without the assistance of the government, according to research firm SNL Financial. Some banks have already paid back the money they got from the government with interest. That's raised the question of why the Treasury's signature financial-assistance program is continuing...
...optimism is the buzz surrounding upcoming initial public offerings by two Macau casino operators. Las Vegas casino titan Steve Wynn, who opened the Wynn Macau luxury hotel and casino in the city in 2006, plans to offer 25% of his Macau operations in an IPO on the Hong Kong stock exchange. The IPO could raise as much as $1.6 billion; the shares are expected to start trading on Oct. 9. "With this IPO, we're a Chinese company with Chinese ownership," Wynn said, adding that the move would help management "assimilate ourselves with China more efficiently...