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...making the technology way better. After all, 3-D entertainment is nothing new. The early 1950s were flooded with 3-D movies, and the technology has made an occasional comeback ever since. (The highest-grossing 3-D film, oddly, was 1970's The Stewardesses, which made $27 million.) Each time, though, it's done in by the same complaints: poor image quality and headaches and eyestrain from extended viewing. Early reviews of the new models from Sony and Panasonic suggest they've solved the problem. Both use glasses that contain tiny shutters, opening and closing at 120 frames per second...
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...
Despite Toll's decision to sell off shares, he still holds 14.5 million shares in the company either directly or indirectly - about 9% of the shares outstanding. "So his interest in the company and alignment with shareholder interests is still extremely strong," says Talbott McGrath. However, she believes the insider selling is contributing to the stock's underperforming many of its peers in the homebuilding sector...
...million, six-year trial, which involved more than 16,000 people in Thailand - the largest AIDS-vaccine trial ever conducted - found that an experimental vaccine was 31% effective in preventing HIV infection. The volunteer group in the study was representative of the general Thai adult population, including low-risk, heterosexual adults. Calling the results of the trial a "significant scientific advance," officials at the World Health Organization said the results reinvigorated the stalled quest for a vaccine against AIDS, which is estimated to kill some 2 million people globally each year. (See the top 10 medical breakthroughs...
...About 40 million doses of the vaccine should be ready by mid-October, with an additional 10 to 20 million doses added each week through the end of the year. The 2009 H1N1 vaccine will be free, with public distribution in most areas. Among those the government has prioritized for the voluntary vaccine: all school-age children, pregnant women, caretakers of young babies and people with chronic health conditions that could weaken their immune systems. In Spokane, Springer is carefully tracking the numbers to see how the illness behaves before local school children have a chance to be vaccinated...