Monthly Archives: June 2011

Teolane can fend off stiff competition at Naas

Posted on by Listify Me
A pair of Listed juvenile events take centre stage on today's Flat card at Naas, with Jim Bolger bidding for his third win in four years in the most valuable race on offer.Bolger's Leopardstown scorer Teolane tackles eight others in the €43,875 Coolmore Stud EBF Fillies' Sprint. The daughter of Teofilo faces no easy task, but ought to prevail, having slammed the Aidan O'Brien-trained colt Secretary Of State last time.Naseem Sea, which finished second to Choir -- another Ballydoyle colt Read more [...]

78 percent of distressed listings: $500000 or less

Posted on by Listify Me
The latest on the distressed housing market in Orange County from broker Steve Thomas, who does a bi-weekly analysis. Here's his report as of May 27th: •3,808 distressed Orange County properties were listed for sale – 34 percent of the 11,219 listed overall. •18 percent of the distressed listings were foreclosures being sold by banks.•82 percent of the distressed listings were short sales sold by owners whose mortgage exceeded the home's current value.•3 percent of distressed listings Read more [...]

NBA Finals: Brendan Haywood Listed As Game-Time Decision For Game 3

Posted on by Listify Me
Read More: Brendan Haywood (C - DAL), Tyson Chandler (C - DAL), Rick Carlisle (H - DAL), Dallas Mavericks After the Mavericks’ shootaround Sunday both Brendan Haywood and Rick Carlisle called Haywood a game-time decision for Sunday night’s Game 3 in Dallas. Haywood had to leave Game 2 late because of a hip flexor. While Haywood hasn’t played heavy minutes or posted big numbers – he’s averaged just 11 minutes, 2.5 points Read more [...]

Former Southern Cross tycoon Stephen Schwarzman owns 5 houses worth £77m

Posted on by Listify Me
By Sharon ChurcherLast updated at 6:58 PM on 5th June 2011 Stephen Schwarzman owns a 35-room Manhattan apartment, mansions in Palm Beach, The Hamptons and St Tropez - and a winter villa in Jamaica Billionaire: Ex-Southern Cross tycoon Stephen Schwarzman, who has made a fortune from the now-struggling care-home business The tycoon behind the controversial U.S. firm that made £640million from the embattled Southern Cross care-home business boasts one of the world's most magnificent property Read more [...]

Leaseback property deals in spotlight

Posted on by Listify Me
Sale and leaseback property deals are being questioned as legitimate sources of corporate finance as Southern Cross, the struggling care home provider, labours under the high rents imposed by its sales programme five years ago. During the property boom years, sale and leasebacks – in which companies sell property assets and then rent them back – became increasingly popular as companies realised that their properties could be turned into easy cash in a rising market. However, such deals also involved Read more [...]

Listed companies post 22% growth in profit

Posted on by Listify Me
PSEi firms outperformed market in 2010 By: Doris C. DumlaoPhilippine Daily Inquirer Publicly listed local companies grew their cumulative profit by 22.2 percent in 2010, with many of them posting record-high incomes. The combined net income of listed firms increased to P440.72 billion from P360.63 billion in the previous year, the Philippine Stock Exchange reported based on annual financial statements filed by companies. Companies belonging to the PSE index, or PSEi, Read more [...]

Auctions flat as market enters winter

Posted on by Listify Me
THE depressed national real estate market is expected to remain flat for at least the next three months, with the arrival of winter prompting the usual drop in the number of properties for sale. The first weekend of winter saw significantly fewer houses up for auction in the bigger markets of Sydney and Melbourne, with 409 and 761 properties listed in the two cities respectively, down from 545 and 841 the previous week.Auction clearance rates remained steady, Read more [...]

Domain Dollars: Pay.com Now Up For Sale

Posted on by Listify Me
We just wrote about the sale of Social.com, which will auctioned off this week at DOMAINfest Barcelona with an opening bid of a whopping $5 million. The current record holder for the highest sale of a domain is Sex.com, which sold for $13 million in April. And today, we hear a new domain is on the market which could also bring in millions. Pay.com is now listed exclusively for sale with DomainAdvisors. The domain company’s CEO Tessa Holcomb seems optimistic that the domain will command a Read more [...]

9 companies that got listed in 2011 trading below issue price

Posted on by Listify Me
MUMBAI: The majority of the companies that made their debut on the bourses in the year 2011 are trading well below their issue price, resulting in significant negative returns for investors. Out of the 15 companies that hit the secondary market in 2011, nine entities -- including PTC India Financial Services and Future Ventures India -- are attracting negative returns in the range of 16-75 per cent, according to data available with Read more [...]

Hunts Point parcel, without house, sells for $14.75 million; Starbuck banking …

Posted on by Listify Me
An empty two-acre parcel sold for nearly $15 million this past week, and it wasn't a downtown high-rise site — quite the opposite. It's the rounded tip of the exclusive Hunts Point enclave, which juts into Lake Washington a bit east of the 520 floating bridge. The property, listed at $19.7 million, features 846 feet of waterfront. It made headlines a few years back when the home on the site — a 6,860-square-foot rambler designed in 1949 for hydroplane-racing legend Stan Sayres — was Read more [...]