Archive for October, 2007

Ableauctions Purchases Back 2 Million Shares Through Stock Buy-Back Program

Wednesday, October 31st, 2007

Ableauctions.com (AMEX:AAC) announced today that it has purchased back in excess of 2 million shares of its own stock since initiating the stock purchase program on July 23, 2007. The Company intends on continuing purchasing its stock back from time to time at the Company’s discretion, with the Company’s currently available cash reserves. No specific [...]

Ecclestone Mercedes Makes 3.9 million pounds at London Auction

Wednesday, October 31st, 2007

Bernie Ecclestone’s Mercedes-Benz 540K Special Roadster sold for 3.9 million pounds, including commission, at a London auction today, short of its top estimate.
Ecclestone, Formula One’s billionaire chief executive officer, is selling more than 40 cars valued at a combined 15 million pounds by RM Auctions Inc. in London’s Battersea Park. The silver 1937 Mercedes had [...]

Thurman Naylor photography collection auctions for around USD 2m

Wednesday, October 31st, 2007

Thurman “Jack” Naylor’s photography collection is estimated to have brought in around USD 2m in Guernsey’s auction, according to Arlan Ettinger, Guernsey’s founder. Naylor said the money from the auction will go towards his 14 grandchildren’s college education.
“I have been trying to sell it for the past two years so it will be a relief [...]

Glenloths 1892 Melbourne Cup at auction

Wednesday, October 31st, 2007

THE trophy won by 1892 Melbourne Cup champ Glenloth is expected to sell for more than $100,000 at auction this month.
The 45cm-high sterling silver trophy is one of the few from the 3200m classic to be put up for sale.
Glenloth, ridden by G Robson, was a 50-1 outsider who won on a wet Flemington track. [...]

US Treasury to auction $18 billion

Wednesday, October 31st, 2007

The government department will auction $13 billion in 10-year notes and $5 billion in 29-year, 6-month bonds to refund $51.5 billion in maturing securities and pay down about $33.5 billion.
The rest of the government’s financing requirements will be met with weekly bills, monthly 2-year and 5-year notes and other instruments, Treasury said.
Treasury added it’s likely [...]

Bono motorbike for charity auction

Wednesday, October 31st, 2007

The Red Ducati was previously owned by his U2 colleague Adam Clayton and the late Michael Hutchence of INXS.
The proceeds from the sale will go to ‘Riders for Health’, a group which provides vehicles and safety training for healthcare workers in Africa.
Bono has dedicated the bike to Hutchence, signing the fuel tank: “To Michael, Bono”.
Riders [...]

Brenham meteorite withdrawn from auction

Wednesday, October 31st, 2007

San Antonio Geologist, Phil Mani’s 1,410-pound piece of space rock that was expected to sell at auction Sunday at Bonhams in New York for up to $700,000, was withdrawn after it drew a top bid of only $200,000.
The meteorite, dug out of a Kansas farm field in 2005, is co-owned by Mani; Steve Arnold, an [...]

Auction of Kaufmann House Raises Concerns

Wednesday, October 31st, 2007

The Kaufmann House, a 1946 glass, steel and stone landmark built on the edge of this desert town by the architect Richard Neutra, has twice been at the vanguard of new movements in architecture — helping to shape postwar Modernism and later, as a result of a painstaking restoration in the mid-1990s, spurring a revived [...]

eBay fraudsters hijack Led Zeppelin concert

Tuesday, October 30th, 2007

The huge demand for tickets to the Led Zeppelin reunion concert has spawned a series of scams, Computeractive has discovered.
Among the genuine auctions for spare tickets to a range of events on Ebay are a number of traders who are selling non-existent tickets for thousands of pounds.
Harvey Goldsmith, rock promoter and organiser of the Led [...]

US wine auctions take $25m in five days

Tuesday, October 30th, 2007

Over US$25m has changed hands in American wine auctions in the last few days.
Four major sales in three cities, which have all taken place since 25 October, fetched US$27,551,707 in total October.
The most largest sale, Acker Merrall Condit’s in New York on 26-27 October, made US$15,563,359. Acker had estimated the 1,963-lot cellar, believed [...]




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