Hovnanian stock price target cut to $2.00 from $2.50 at CFRA

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Private Charitable Foundations Give Lavish Rewards to Insiders

Officers and directors, whose job is to safeguard charities’ funds, can receive a chunk of the money by claiming exemptions from a law designed to protect the assets. More than 1,800 foundations checked boxes on their fiscal 2016 tax filings indicating they engaged in business activities with insiders.

  • on The Wall Street Journal

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