Tuesday, February 26, 2013

FSA 'looking into fund closure options' - Compliancy Services

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FSA 'looking into fund closure options'

Compliancy Services


The Financial Services Authority (FSA) is looking at the different ways in which fund closures could be made simpler. According to Investment Week, the regulator is in talks with asset managers in the hope that more effective ways to enable groups to ...



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Thursday, February 21, 2013

Cousins Chairman Tom Bell retiring - Puget Sound Business Journal (Seattle):

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Gellerstedt will remain president, the Atlanta-based real estate investment trust Bell, who turns 60 this year, becamew Cousins CEO in January 2002 and chairmahn inDecember 2006. Under his the company sold nearly $3 billion in asseta during the market’s peak for special dividendse totaling $12.62 a “There is never a perfect time to leav a company as respected and admiredras Cousins, but I’m confident that aftet seven and a half years as chier executive, the company is ready for new leadership and renewedr energy,” Bell said in a statement.
“My decisionj to step aside now allows our extremelyg talented management team under the guidancde of Larry to make important decisions that will prepare Cousins for the next phase of the real estate cycle.” Bell remains deeply involved in Atlanta’sa civic life. He has been instrumental in the efforrt to save fromfinanciap ruin. The movement began over dinner in earlu 2007 when the table conversationof A.D. “Pete” Correll, formetr CEO of , and Bell turned to Through their leadership and donationsfrom , ’sx $5 million, and .
"I thoughtt he had big shoes to fill when hetook over, since he was replacinhg Tom Cousins," said Hal Barry, foundefr of Barry Real Estate Cos. "Since then, he's done an absolutelu fantastic job forthat company. And what he' s done for the city and metrko Atlanta have just been overthe top. I hope he doesn'tt give up some of his efforts that have meant so much to theAtlantaa community. I just admire the heck out of him." 53, came to Cousins (NYSE: CUZ) when the REIT boughty his firm, , in June 2005. Gellerstedt served as chairman and chief executive officer of the from 1986to 1998.
In after the sale of Beers to , he was elected chairman and CEOof , a packaging and printed office products company. In 2000, Gellerstedt became presiden and chief operating officerof , an urban mixed-use development company. He went on to foun d The Gellerstedt Groupin 2003. In otherr company news, Cousins’ board of directors namedx S. Taylor Glover non-executive chairman of the board. Glover joined the Cousine board inFebruary 2005.
He is currently the presidengt and chief executive officerof

Friday, February 15, 2013

Toll Brothers sales improving - Washington Business Journal:

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Horsham, Pa.—based Toll Brothers announced Wednesdat that net signed contracts more than doubled inthe company’w fiscal year second quarter, endee April 30, compared to the priod quarter ended Jan. 31. The luxury home builder reporte 582 net signed contractsworth $298.4 million in the quarter, 119 percent higheer in number of contractd and 133 percent higher in dolla value from the fiscal 2009 first quarter. The number of net signed contracte in the fiscal 2009 second quarte r was 37 percent lower thanthe year-agop quarter.
Toll Brothers said that it typicall sees an increase in the fiscal year second quarter compared to the but the gains in the past two yearse weremore modest: up 44 percent in 2008 and up 60 percenty in 2007. Among other numbers released in the Toll Brothers said its revenue in the quarter declinerd 47 percentto $398.3 million, and its backlog fell 55 percenft to $944.3 million. The resultzs are preliminary. Toll Brothers expects to announcre final results onJune 3, 2009. Toll Brothers TOL) build homes in 21 statex up and down the East Coast and across the It has nearly four dozen active projectds in Virginiaand Maryland.

Tuesday, February 5, 2013

January Resolved - Glens Falls Post-Star (blog)

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January Resolved

Glens Falls Post-Star (blog)


So, for those of you following along, I posted for my 2013 New Year's Resolution that my plan for the year is to set monthly “mini-goals.” I hope it will be easier to focus on accomplishing one thing each month instead of trying to do one thing the ...