Dutch group raises its stake in Rouse Co.
A Dutch pensioners group raised its stake in Rouse Co. to 5.5 percent of the company's outstanding common shares.
Algemeen Burgerlijk Pensioenfonds, which invests on behalf of the Dutch public sector pensioners, purchased 430,000 common shares for a total of $9.58 million between Sept. 7 and Sept. 15, according to a Schedule 13D filed yesterday with the Securities and Exchange Commission.
The group now holds 2.62 million shares in the Columbia-based development company.
Rouse stock closed at $22 yesterday, up 31.25 cents.
BBB is accepting nominations for award
The Better Business Bureau of Greater Maryland Inc., said yesterday that it will take nominations for a new national award, The BBB's Torch Award for Marketplace Ethics.
The award will recognize companies that treat their suppliers, customers, employees and neighbors ethically.
Nominations are due Nov. 15. Winners will be announced in April -- one each for small, medium and large businesses.