NASDAQ Notification of Bid Price Non-Compliance

COPENHAGEN, Denmark, Jan 4, 2012 (GlobeNewswire via COMTEX) -- TORM has received a letter from the listing qualifications department staff of the NASDAQ Stock Market LLC ("NASDAQ"), notifying the Company that for 30 consecutive business days the bid price of the Company's American Depository Shares (ADS) had closed below USD 1.00 per share, the minimum closing bid price required by the continued listing requirements of Read more [...]

Demand for luxury market increases from overseas buyers realtor

<!----> Make text smaller Make text larger Photos Multi-million-dollar view: Rego Sotheby's says there is increased demand for luxury properties like "Forty Palms" in Tucker?s Town, listed for sale for $8.7 million.<!--2 of 3--> High-end market hot: Rego Sotheby's says it's seeing a queue of buyers for properties like"Coral Harbour" in Warwick, listed at $9.7 million.<!--3 of 3--> Luxury home and condo sales Read more [...]

S’pore-listed Yoma shares jump on Myanmar expansion plan

SINGAPORE | Tue Jan 3, 2012 8:13pm EST SINGAPORE Jan 4 (Reuters) - Shares of Singapore-listed Yoma Strategic Holdings jumped as much as 7.6 percent on Wednesday after the company said it plans to acquire the right to develop an area about six miles away from Myanmar's main city Yangon. At 0106 GMT, Yoma shares were up 7.6 percent at S$0.285, outperforming the broader Straits Times Index which was 0.9 percent higher."Investors are increasingly showing interest Read more [...]

BC property assessments all over the map

Homeowners in Whistler can expect lower property assessments this year, their counterparts in some Vancouver neighbourhoods can anticipate double-digit increases, and people in other cities and regions will likely see little or no change.The variations are consistent with real estate trends of the past year, said Tsur Somerville, a professor at University of British Columbia’s Sauder School of Business. More related to this storyLiving in Vancouver comes at a price What's driving Vancouver house Read more [...]

Mystery Apple event to focus on education, iTunes U, digital publishing?

According to recent reports, Apple will be holding an event in New York at the end of the month to discuss media-focused services. Several new claims have been made concerning the content of this secretive event, with rumours suggesting that it concerns digital publishing. It is also possible that the announcement may have repercussions for those in the textbook publishing industry. Clayton Morris shared some grapevine tidbits with the online community, saying that the event “has been long in Read more [...]

Forest Park post office building off the market

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Top-Performing U.S.-Listed Chinese Stocks (Jan 03, 2012)

E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the best-performing U.S.-listed Chinese stock on Jan. 3. It was up 12.2% on the day. EJ's upside potential is 129.1% based on brokerage analysts' average target price of $10.97. It is trading at 29.5% of its 52-week high of $16.25, and 19.2% above its 52-week low of $4.02. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the second best-performing U.S.-listed Chinese stock on Jan. 3. It was up 11.1% on the day. DANG's upside potential Read more [...]

Asking prices high in the Willows

When it comes to pricey homes, the Willows Golf Community is the most expensive neighbourhood in Saskatoon and surrounding area.That’s according to Dale Neufeld, owner of Saskhouses.com, who tracked more than 1,600 properties listed for sale on Saskhouses.com in 2011 and found the average asking price in the Willows Golf Community was $665,975.Willowgrove was the second priciest neighbourhood with an average asking price of $520,642, followed by Rosewood at $509,938, Evergreen at $491,107 Read more [...]

Skateboarding Events Scheduled in February 2012

Skaters have quite a few events to look forward to in February 2012. Here's a quick rundown on several of the gnarly ones on tap: Just Another Female Skateboarding Contest The Just Another Female Skateboarding Contest is slated to take place at the Prahran Skatepark on Malvern Road in Melbourne, Australia, from 2 p.m. until 7 p.m. on February 4th. It has long been considered the biggest ladies only skate event in the country. There will Read more [...]

Sebi creates two new routes for sale of shares

In an effort to help Indian companies raise capital and increase public shareholding in rough market conditions, the capital market regulator on Tuesday created two additional ways through which listed local firms can sell shares without floating a public issue. The two new share-sale methods announced by the Securities and Exchange Board of India (Sebi) after a board meeting are the institutional placement programme (IPP) and the offer for sale through stock exchanges. These are expected to ease Read more [...]