Word: tolls
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Dates: during 2000-2009
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...surge in insider selling at luxury homebuilder Toll Brothers Inc. in the past two weeks is raising red flags from jittery investors who nervously wonder if Toll and other homebuilding stocks may be overpriced and heading for a fall...
Since Sept. 8, chairman and 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...
...Robert Toll's sell-off that rattled analysts and investors the most, as many recall how Toll in 2005 sold off large blocks of shares in his company just as the homebuilding sector was peaking. Toll is viewed as a seasoned and savvy executive with an extraordinary knack for recognizing trends early...
...That prospect would be a big boost to the casino companies. During the boom years, Macau casinos minted profits at an astonishing rate, but over the past year, the recession has taken its toll on bottom lines. Melco Crown, for example, swung to a loss of $179 million in the first six months of 2009, compared with a gain of $37.5 million in the same period a year earlier. Wynn's Macau operations saw net profit sink 35% in the first half of 2009. CLSA's Fischer, however, believes the industry is set for a turnaround. Cost-cutting measures implemented...
FlyBy noticed that the Harvard Hotline is a toll free number, not one of the 617-495-xxxx numbers typical of Harvard, so we were interested to see who would pick up our call...