Purchases by government agencies from private sector firms are often initiated by solicitation of bids to supply the desired items. Payment to the firm that is awarded the supply contract may be determined by a the bid price or b bid price plus a share of the difference between observable...
Make way, the Godfather of Soul will be in the house today. Clarification: the house is Christie's in New York, while the man, James Brown, is no longer with us. But be ready for the grand sale of some 350 items of the late, great soul singer's memorabilia, from a...
MARKET REPORT A broker upgrade and bid rumours boosted British Energy, which rose while the FTSE 100, spooked by risking inflation, falling retail sales and the spectre of yet more turmoil in the US financial system, sunk deeper into bear market territory yesterday, The...
FRANKFURT AFP — The family-owned Schaeffler auto and aerospace parts company launched Tuesday an offer for its much larger German rival Continental but said it was not necessarily seeking a majority stake. Schaeffler offered 69.37 euros (102 dollars) per share, a statement said, which valued Continental at 11.3...
Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) ("Comstock" or the "Company") today announced that on July 9, 2008 itreceived notice ("Notice") from The Nasdaq Stock Market ("NASDAQ") that itsstock was to be delisted from the NASDAQ Global Market as a result of theCompany having not regained compliance with Marketplace Rule 4450a(5).Pursuant...
STOCKHOLM, Sweden -- Neonode (NASDAQ:NEON), the Swedish mobile communication company that develops touch screen technologies and designs mobile handsets, today announced that on July 3, 2008 the Company received a Nasdaq Staff deficiency letter from The NASDAQ Stock Market Listing Qualifications Department stating that for the last 30 consecutive business...
On July 6, 2008, Inmet Mining Corporation announced that it intends to make an all-cash offer (the "Offer") for all of the outstanding common shares of Petaquilla Copper Ltd. (the "Company") (TSX: PTC) at a price of $2.00 per share. Until the Offer is formally commenced and has been reviewed,...
WATERTOWN, Mass. -- Acusphere, Inc. (NASDAQ: ACUS) announced today that on July 14, 2008, it received a letter from The NASDAQ Stock Market LLC indicating that the Company had not regained compliance with NASDAQ's minimum bid price requirement for continued listing of $1.00 per share, as set forth in Marketplace...
SAN DIEGO, July 15 /PRNewswire-FirstCall/ -- Favrille, Inc. today announced that it has received Nasdaq staff deficiency letters dated July 9, 2008 indicating that, for the last 30 consecutive trading days, i the closing bid price for Favrille's common stock has been below the minimum $1.00 per share...
The internet giant Yahoo rejected a restructuring proposal put forward by Microsoft and the activist shareholder Carl Icahn at the weekend, claiming it had "anything but the interests of Yahoo's stockholders in mind". Mr Icahn and Microsoft approached Yahoo on Friday, giving it just 24 hours to...
NEW YORK AFP — Waste Management, the US waste services leader, said Monday it had offered to buy rival Republic Services for 6.19 billion dollars, a bid aimed at thwarting Republic's planned tie-up with Allied Waste. Waste Management proposed to acquire all outstanding shares of Republic Services for...
Allstate, the US insurance giant, has brought in investment bank JPMorgan, alongside advisers Lehman Brothers, to arrange the financing for its estimated 7bn tilt at Royal Bank of Scotland's insurance arm RBSi. Allstate is thought to be the front-runner in an auction for the unit, with Zurich...
IF you're wondering when the right time to buy your next home will be, keeping a close eye on property auctions is the best barometer in this turbulent market. House hunters waiting for the market to bottom out - so they can snap up a bargain...
TRANSPORT depot manager Ken Jones was paying pounds 800 a month on his mortgage until he decided to sell his Swansea home and find a bargain property at auction as a cash buyer. Last summer he managed to buy a three-bedroom ex-council property for pounds 72,000,...
By Phil Anderson THE CAPITAL-JOURNAL Bids by contractors for Topeka street repair projects are substantially higher than anticipated, in large part because of skyrocketing oil prices. "We know what projects we want to do," said city spokesman David Bevens. "We know...
Installment sales of real estate -- when a seller takes back a purchase money mortgage for all or part of the sales price -- become more important in markets such as our current one, when bid-offer spreads widen. Sellers seek to benefit from reportedly low cap...
By Phil Anderson THE CAPITAL-JOURNAL Bids by contractors for Topeka street repair projects are substantially higher than anticipated, in large part because of skyrocketing oil prices. "We know what projects we want to do," said city spokesman David Bevens. "We know...
JAKARTA AFP — Brazilian President Luiz Inacio Lula da Silva and his Indonesian counterpart pledged cooperation on biofuels during talks here Saturday in a bid to take advantage of surging oil prices. Lula and President Susilo Bambang Yudhoyono signed off on an agreement to share knowledge on biofuel...
Chelsea are interested in signing Real Madrid's Robinho this summer - and may also push ahead with a bid for Valencia's David Villa as they re-shape their squad under new manager Luiz Felipe Scolari. But they faced further pressure yesterday to hold on to Frank Lampard with the Internazionale coach,...
Articles 2008-07-11
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