Russia Now Eyeing Only 10% VTB Stake Sale In 2011 – Source

MOSCOW (Dow Jones)–The Russian government is slashing plans to sell a 20% stake in state-controlled bank VTB Group (VTBR.RS) in 2011 after the bank’s stock price fell when investors were rattled by the prospect of so many shares hitting the market, a person familiar with the plans said.

Now the government’s plan is to sell only 10% of VTB this year, according to a person familiar with the …

Homeowners cut asking prices to sell properties

Some 37.4 per cent of all properties listed for sale on Wednesday have experienced at least one price reduction since coming to the market, up from 36.4 per cent in November, data from Zoopla has shown. The average discount now stands at £18,475 or 6.9 per cent off the original asking price, up from £15,879 in November. Zoopla claimed that the figures provide a clear indication of sellers becoming more realistic in terms of their expectations and will be a welcome sign to buyers as the gap narrows Read more [...]

Advance Realty Listed in Top 100 Fastest Growing Franchises

Advance Realty makes another debut and joins the ranks of the top fastest growing franchises in the world this week, when the company was listed as number 100 on The Fastest Growing Franchises list by Entrepreneur Magazine, with Real Living, the only other real estate company on the list coming in at number 86. The top 100 list by Entrepreneur Magazine (entrepreneur.com) is one of the world's first, best and most comprehensive franchise ranking. Qualifiable measures of success are Read more [...]

INEC releases list in Bayelsa, Delta, C-River, Rivers

By Samuel Oyadongha, Austin Ogwuda, JOHN IGHODARO and Jimitota Ono-yume Governor Timipre Sylva of Bayelsa State of the Peoples Democratic Party, PDP,  and former Special Adviser to the President on Niger Delta Timi Alaibe of the Labour Party were, yesterday listed by the Independent National Electoral Commission, INEC, among 20 governorship candidates of the various political parties in the state for the April general elections. Among the 20 governorship candidates listed, only the Citizen Read more [...]

INEC withdraws Alao-Akala, Chime from gov candidates’ list •As Uduaghan, Orji …

| Print | E-mail Written by Our Reporters Wednesday, 09 February 2011 THE Independent National Electoral Commission (INEC), on Tuesday, removed the names of Oyo State governor, Chief Adebayo Alao-Akala and Governor Sullivan Chime of Enugu State from the list of gubernatorial candidates in the two states for the April general election. A Federal High Court sitting Read more [...]

Expert: Median price of houses could dip to $100000

The service that lists Phoenix-area homes for sale is expecting the median home-sale price to drop as low as $100,000 during the next three months. The supply of homes flowing onto the market is increasing, while sales have declined, according to Bob Bemis, chief executive of the Arizona Regional Multiple Listing Service, which real-estate agents in the Valley use to list homes for sale. Bemis said those trends are likely to exert downward pressure on prices in the coming months. January's median Read more [...]