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Vanity Fair announced the story the other day, but it was Josh Baer of BaerFaxt who first broke it in 2011: the purchase of Cezanne’s "Card Players" for $250 million from the estate of Greek shipping magnate George Embiricos. While no one had actually announced the identity of the buyers, the size of the purchase made it reasonably obvious to most art-market cogniscenti: the royal family of Qatar, longtime players in the international art scene with a history of making magnificent --if at times troublesome -- purchases. (The “troublesome” came into play in 2005, when, as reported in the Telegraph, Sheikh Saud Al-Thani of Qatar – then 38 and considered “the biggest art buyer in the world “ was arrested and investigated for “misuse of public funds” in connection with his purchases of more than £1 billion in art.)
Publ.Date : Mon, 6 Feb 2012 09:08:44 GMT
When I moved out of my parents' house and into my freshman dorm room, I had no idea that my existing concept of “home” would change so dramatically. Throughout college and my first few years in the real world, I found a reason to move every single year. Yes, really—nine times in nine years, always during the summer, and never without a flight of stairs on at least one end. It’s a small wonder no one was ever seriously hurt on account of my furniture.
Publ.Date : Fri, 3 Feb 2012 18:06:38 GMT
Publ.Date : Sun, 5 Feb 2012 15:51:09 GMT
Simon Property Group (SPG) announced its quarterly dividend of 95 cents per share, an increase of about 6% over its prior dividend in November of 90 cents. The company also reported that it earned $363.8 million, or $1.24 a share, last quarter, compared with a profit of $218.8 million, or 74 cents a share, in the same period last year, beating analyst estimates of 90 cents.
Publ.Date : Fri, 3 Feb 2012 18:55:57 GMT
In trading on Friday, general contractors & builders shares were relative leaders, up on the day by about 4%. Leading the group were shares of M D C Holdings (MDC), up about 6.2% and shares of Lennar (LEN) up about 6% on the day.
Publ.Date : Fri, 3 Feb 2012 17:01:23 GMT
February may be the shortest month of the year, but it’s big on new-car bargains as automakers continue to fine-tune their sales incentives – here’s the best deals from the new-car brands reported to be offering the deepest discounts in the industry.
Publ.Date : Fri, 3 Feb 2012 17:44:30 GMT
Photos of the Celebrity 100
Publ.Date : Fri, 3 Feb 2012 16:04:51 GMT
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