Monthly Archives: July 2011

Listed property recovers

Posted on by Listify Me
The steady resurgence in listed property prices since March year has seen the sector recover by more than nine percent over the past four months, but fund managers say that property is currently an expensive asset class. Although property under-performed equities in the first two months of this year, the gap between the performance of listed property – as measured by the FTSE/JSE South African Listed Property Read more [...]

Home calendar

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Networking dinner: Aug. 2, dinner at Red Lobster on Eureka near Trenton in Southgate. 6-7:15 p.m. dinner and networking, 7:30 meeting ($20 for guests). Questions? Call Wayde Koehler, president, at 313-819-0919. Entrance fee of $20 for nonmembers to be applied toward annual membership. Find out more at www.reiawaynecounty.org .Southfield real estate open house: 1-4 p.m. today throughout Southfield. Many homes will be open for showings. Potential home buyers are encouraged to come see all that Read more [...]

Almost a quarter of entertainment enjoyed by Downing Street advisers was …

Posted on by Listify Me
The research, carried out by the Bureau of Investigative Journalism, is deeply embarrassing for Mr Cameron who is accused of being too cosy with news international in the wake of the phone hacking scandal. Labour MP Paul Farrelly, who sits on the Culture, media and Sport select committee, said yesterday: "These statistics reinforce concerns that News International's tentacles were everywhere just at the time when Rupert Murdoch was trying to clinch the biggest deal of his life. "At Read more [...]

FFC becomes 6th most profitable listed firm

Posted on by Listify Me
LAHORE: Fauji Fertiliser Company (FFC), Pakistan’s largest urea manufacturer, having 40 percent market share, has become the sixth most profitable listed firm in Pakistan, beating one of the largest banks, the United bank Limited (UBL), largest oil marketing firm, Pakistan State Oil (PSO) and the largest telecom operator Pakistan Telecommunication Company Limited (PTCL), experts said in a report.They said that five years back, FFC profit was Rs5 billion and this may reach Rs18 billion during the Read more [...]

Peoria has spent $258000 demolishing 39 properties in 2011

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Richard Canges can only think of the good old days when reminiscing about a nearby Central Peoria house he visited as a kid. The house was a nice, brick family-owned residence with a warming fireplace inside. "That is a shame," Canges said, as he glanced across the street recently at the now vacated 1618 N. Bigelow St. house, which one neighbor said is an attraction for raccoons and rodents. The two-story house is one of about 30 houses awaiting the wrecking ball, if the funding for city-wide Read more [...]

TAKING STOCK: Rise in salaries and a dearth of mergers force sale of brokers

Posted on by Listify Me
By Lawrie HolmesLast updated at 10:39 PM on 23rd July 2011 For a number of struggling brokers, the decision by investment banks to raise basic salaries in response to the bonus tax could not have come at a worse moment. As mergers and market listings have dried up, the rise in salary demands has meant the cost base of traditional stockbroking has outstripped revenues generated. The response from the firms, many of them listed, has been to seek buyers for their broking arms, give them away, Read more [...]

mixed emotions for Indian fans

Posted on by Listify Me
The little mobile shop of cricket 365, the betting agency, was a beehive of activity on Saturday morning. Fans streamed in even two hours before the scheduled start of the game at 11 am. Many stopped to read the white board which listed the odds. The most obvious one was listed at the top. Sachin Tendulkar's century fetched odds of 4:1. Rahul Dravid, who like Tendulkar was without a hundred at Lord's, was listed at 6:1. As both men came together to bat the margins went down with Read more [...]

HouseHunt: Open Houses in Los Altos July 23-24, 2011

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There are 45 homes open this weekend in Los Altos and Los Altos Hills. They range from a two-bedroom, one bath condominium on Lassen Street listed at $600,000 that was placed on the market this week, to a six-bedroom, five and a half bath home in Los Altos Hills listed at $6.45 million and has been on the market for nearly a year. Besides the Lassen Street condo, there are thirteen single-family homes that are new on the market and open this weekend. These range from a five-bedroom, three-bath house Read more [...]

Lloyds Banking Group branch sale plan rocked as bidders disappear

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The news will come as a blow to Antonio Horta-Osorio, Lloyds' new chief executive, who personally accelerated the disposal process shortly after taking the reins from Eric Daniels, his predecessor, on March 1. Of the other potential buyers, Australia's NAB, tipped ahead of the deadline to be the frontrunner, reserved its position to make a bid at a later date, Clive Cowdery's Resolution expressed interest and the Nationwide building society sent a letter focused on remutualising Read more [...]