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 […]

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 “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 […]

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. […]

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 […]