Overstock.com has discontinued its auction affiliate program. Overstock.com spokesperson Jared Matkin said the reasons for the program’s termination were the high rate of non-paying bidders that were generated by affiliate traffic, and that overall, the affiliate program was contributing roughly 1 percent of auction sales.

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In an overnight auction run by the U.K. takeover regulator, India-based Tata’s 608 pence-a-share bid edged out a final bid of 603 pence a share from Brazilian steelmaker Companhia Siderurgica Nacional (SID), or CSN.
The move establishes the world’s fifth-largest steel maker by output.
In a statement later Wednesday in London, Tata said it expects, subject to […]

In what could be the most valuable sale they have ever staged in Europe, auctioneers Sotheby’s said on Wednesday they expect to raise more than 100 million pounds ($195 million) from an Impressionists’ auction next week.
Many of the works have not been offered on the market for many years and among the highlights of Monday’s […]

The first Rolls-Royce Phantom drophead coupé destined for the United States has been sold for $2–million at a charity auction during the annual Naples Winter Wine festival.
More than $1.6-million will go to the Naples Children and Education Foundation which supports charitable and educational programmes to improve the physical, emotional and educational lives of underprivileged or […]

[ May 5, 2007; ] The Worldwide Group auction house says the 1964 model Cadillac hearse will be on the block May 5th at the Houston Classic Auction in Seabrook, Texas. It transported Kennedy’s body from Parkland Memorial Hospital in Dallas to Air Force One.

Hearse distributor Ardeen Vaughan has resisted selling the JFK hearse for 4 decades. Now he’s planning […]