Monthly Archives: June 2011

Housing market at tipping point as buyers dry up

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News Story Housing market at tipping point as buyers dry up Tuesday 14th June 2011The housing market appears to be at a tipping point, with sales faltering and potential buyers thin on the ground – whilst rentals flourish. Two new surveys both tell the same story. According to the Royal Institution of Chartered Surveyors, the traditional spring bounce has failed to materialise. Its latest report, published this morning, says that sales in May Read more [...]

North Iowa Today for Tuesday, June 14

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For other fun events, go to www.globegazette.com and click on the Entertainment link. To suggest events to be listed here, e-mail specifics to judy.delperdang@globegazette.com. You can also post them in the online Events Calendar by following the posting prompts. • CHARLES CITY — A Flag Day ceremony will be 5 p.m. in Central Park with speaker Col. Greg Hapgood, public affairs officer for the Iowa National Guard. • HAMPTON — The Hampton Municipal Read more [...]

DEALTALK-Speed bumps ahead for BYD’s China share sale

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Tue Jun 14, 2011 12:24am EDT * BYD seeking to raise $330 mln with offer of 79 mln shrs * Fund managers balk at 45 pct premium to HK shares * BYD HK shares already trade at richer PE than mainland rivals * BYD should price sale to raise $185 mln-$309 mln - fund managers By Kelvin Soh and Fang Yan HONG KONG/BEIJING, June 14 (Reuters) - Warren Buffett-backed BYD Co Ltd faces stiff headwinds raising the $330 million it seeks from its China share sale, with weakened markets Read more [...]

Laxey listed PE arm signs up TMT banker

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    • The City is a place for people, not a museum

    Posted on by Listify Me
    The houses in my neighbourhood are mainly more than 100 years old; in many ways they are typical of the turn-of-the-century garden maisonettes built by socially aware factory owners in north London.It would, nonetheless, be a shock should anyone suggest they be given listed building status, to stop a neighbour from converting a loft into a nursery, for example. And therein lies the difficulty in preserving our heritage, where the desire to protect the outstanding or the unique is often in conflict Read more [...]

    NZ’s PGG Wrightson agrees sale of finance business

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    WELLINGTON | Mon Jun 13, 2011 4:41pm EDT WELLINGTON Jun 14 (Reuters) - New Zealand's biggest listed agribusiness PGG Wrightson said on Tuesday that it had agreed the conditional sale of its finbance operation to newly established banking firm Heartland New Zealand Ltd . It said it expected the purchase price would be around NZ$100 million ($81.3 million), and part iof the deal would be the finance business transferring certain loans, worth around NZ$96.5 Read more [...]

    Manchester United Finances: Club to Be Listed in Hong Kong Stock Exchange

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    American owners of Manchester United could be set to list the football club on the Hong Kong stock exchange which could value the club at around £1.7 billion. Manchester United is the most valuable sports franchise in the world and has a large following across Asia, meaning that listing in Hong Kong could make a rather large increase in the valuation. The Glazer family paid just £790 million for the club in 2005 and have loaded their own personal debt onto the club ever since. The English Read more [...]

    BBC Television centre sell-off Q&A

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    Why is the BBC selling Television Centre?To raise money – and save money. The BBC is hoping the sale of the 14 acre Television Centre site on Wood Lane in west London to a commercial property developer will generate significant income – £300m has been touted. This cash will come in handy as the BBC makes cost savings required by a six-year licence-fee freeze, which will see its income cut by 16% in real terms. The BBC owns a number of large premises around the UK and aims to find some Read more [...]

    Former top-secret Hollywood military base for sale as a home at $6.3m

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    By John StevensLast updated at 7:44 PM on 13th June 2011 With its sprawling grounds, swimming pool and views over the Sunset Strip this ten bedroom mansion looks like a typical Hollywood Hills home. But deep underneath this 53,000 square foot house is a bomb shelter that gives a clue to its secret past.The property, which has just been listed for sale at $6.3 million, used to be a top-secret military base and was used as an Air Force film studio and research facility for the atom bomb. Top Read more [...]

    Suspects trapped in fire listed in critical condition

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    Ralph Shane Pace and Nicholas Surrett were airlifted to the Joseph M. Still Burn Center at Doctors Hospital in Augusta, Ga., following the explosion and fire at 656 Stoney Mountain Road about 1:30 a.m. Saturday.Hospital officials did not release any further details on the men's condition.Pace and Surrett were attempting to cut what they thought was a water line when they ruptured a gas line instead, according to Chief Deputy Greg Cochran of the Henderson County Sheriff's Office.Cochran said Read more [...]