Archive for May, 2007

Brazil - central bank holds auction to buy dollars

Wednesday, May 30th, 2007

Brazil’s central bank said on Wednesday it will hold an auction to buy U.S. dollars on the spot foreign exchange market as part of an ongoing effort to build up international reserves.
The Brazilian currency, the real (BRBY: Quote, Profile, Research, was 0.31 percent stronger at 1.944 per dollar after the announcement. The real has traded […]

Important Great Britain Stamp Collection to be sold on 13 June

Wednesday, May 30th, 2007

In Tennants Summer Stamp Sale on Wednesday, 13th June there will be a superb used specialized Great Britain Stamp Collection of Queen Victoria engraved issues covering 1840. To include 1d blacks, 2d blues and 1d reds, with all the plate numbers and a range of varieties and flaws. The collection comes from a […]

Swallows and Amazons First Edition for Tennants Auction

Wednesday, May 30th, 2007

Arthur Ransome’s children’s book Swallows and Amazons became an instant classic when it was first published more than 70 years ago and is still in print today.
And now a rare first edition has come on the open market - and is expected to sell for several thousand pounds.
The book will be sold at the summer […]

ADESA and Insurance Auto Auctions Report First Quarter 2007 Results

Wednesday, May 30th, 2007

Press Release
ADESA, Inc., a leading provider of wholesale vehicle auctions and used vehicle dealer floorplan financing, and Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services in the United States, today reported their first quarter financial results.
Acquisition of ADESA by Private Equity Group
As previously announced, the acquisition of […]

Bank of Italy 7-yr CCT auction 79.34 pct oversubscribed

Wednesday, May 30th, 2007

The Bank of Italy said its auction of seven-year treasury certificates (CCTs) was 79.34 pct oversubscribed, while the yield was up from the previous auction.
The bank received 3.587 bln eur of bids for the 2.000 bln on offer, while the yield rose to 4.25 pct from 4.14 previously, the bank said.
The price established was 101.04, […]