Monthly Archives: February 2012

CEO’s wife listed as council land agent

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Councillors concerned over potential conflict of interest Rotorua district councillors are concerned about a potential conflict of interest after learning the council chief executive's wife is selling a million-dollar property on behalf of the council. The Rotorua District Council is selling a piece of land in Horohoro that is on the market for $1.2 million. It is listed on the Ray White Real Estate (formerly Coopers) website with council chief executive Peter Guerin's wife Toni Guerin, named Read more [...]

Vedanta aims to ensure India-listed units have stake in group firms

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New Delhi: London-listed Vedanta Resources Plc’s plan to recast the cross-holdings of its group companies is aimed at ensuring that at least one listed Indian unit owns a stake in each of the firms, an executive said on Wednesday.“We are looking at various strategies that would increase the share value of the companies and also to see how to use the funds available,” said the official in a Vedanta unit, who requested anonymity. “The thinking also is that if we are operating in India, we have Read more [...]

Updated Realtor.com app: search for REOs, price-reduced homes

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Houses for sale image via Shutterstock.com.Realtor.com has updated its app for Apple mobile devices to allow users in some markets to search for recently sold homes and listings with price reductions, and to identify listings that have been through the foreclosure process.Realtor.com operator Move Inc. said it plans to launch a new "HyperSocial" agent search tool to connect consumers with participating agents based on shared connections during the second quarter of 2012.The latest Realtor.com Read more [...]

Rock Hall Announces Induction Week Events – Cleveland News

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<!--See more photos in the gallery--> The schedule of events for one of the most anticipated weeks of the summer has been released by the Rock and Roll Hall of Fame. The museums 27th Annual Induction Ceremony will take place at Cleveland’s historic Public Hall on Saturday, April 14, 2012. In the week leading up to the ceremony Clevelanders will be able to enjoy a week of public events and concerts. The Rock and Roll Hall of Fame Induction 2012 Schedule of Events includes: 60th Read more [...]

Home sales jump to highest level in nearly two years

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WASHINGTON — The housing market is flashing signs of health ahead of the spring-buying season. Sales of previously occupied homes are at their highest level since May 2010. More first-time buyers are making purchases. And the supply of homes fell last month to its lowest point in nearly seven years, which could push home prices higher. Sales have now risen nearly 13 percent over the past six months. While they are still well below the 6 million that economists equate with a healthy market, Read more [...]

Alibaba Group Offers $2.5 Billion to Buy Out Listed Unit

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Feb. 22 (Bloomberg) -- Alibaba.com Ltd., China's biggest corporate e-commerce site, jumped the most in more than four years after its parent company bid as much as HK$19.6 billion ($2.5 billion) to buy out minority shareholders. Alibaba Group Holding Ltd., run by billionaire Jack Ma, offered HK$13.50 a share for the 27 percent it doesn't already own in Alibaba.com, according to a statement yesterday. Shares climbed 43 percent, the most since Read more [...]

Church House Conference Centre

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Its 19 spacious and flexible rooms make it one of London’s most versatile venues, accommodating up to 600 guests in one area. The spectacular venue is the perfect location for a wide range of events including gala dinners, dinner dances, receptions, award ceremonies, product launches, and conferences. The venue also offers access to its roof top which provides spectacular panoramic views of London, including many of the city’s famous landmarks, making it an ideal backdrop for broadcasting. Over Read more [...]

Mardi Gras event starts controversy

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BUFFALO, N.Y. (WIVB) - Party goers lived it up on “Fat Tuesday,” however, the festivities took a controversial turn. In Buffalo, there was an unusual contest, to collect the most beads and win a chance to boost your bust. The event was put on by local bars and night clubs as a way to promote business on what's normally not a busy party night in Buffalo. The prize of the night is what's starting the controversy. Thirteen clubs in Buffalo's entertainment district strung together a promotion for Read more [...]

ASA bans ad from property website

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22 February 2012 | By Natalie Thomas Email Share Comment Save The Advertising Standards has banned an advert from property website PropertyWikia, which offered to pay affiliates £100 for every week that the site did not sell a property. A complainant challenged whether the following claims were misleading and could be substantiated: 1. Each property listed for sale – earns you a £2,000.00 once-off sales commission 2. Each property listed Read more [...]

Listed property ‘lacks value’ for investors

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JSE-listed property funds are overpriced at current levels as a result of a strong run in this sector in recent years, according asset manager, RE:CM. John Rainier, property analyst at RE:CM, said on Tuesday the listed property sector was more expensive than it had been for a number of years, with prices having grown much faster than earnings. "The South African economy is still under pressure and the property market is not immune from this. With inflation currently exceeding Read more [...]