Turiaf listed as Bosh’s replacement for Game 2

MIAMI (AP) -- When LeBron James and Dwyane Wade were busy recruiting Ronny Turiaf, they viewed it as an insurance policy of sorts for the Miami Heat. He may turn out to be a very important one. Now that All-Star forward Chris Bosh is out indefinitely - almost certainly the rest of the Eastern Conference semifinal series against Indiana, and possibly longer - with a strained abdominal muscle, Turiaf will be among those asked to fill the void. Turiaf Read more [...]

Shortage of homes for sale in San Fernando Valley triggers bidding…

A shortage of houses for sale in the San Fernando Valley is triggering bidding wars, quick sales and an investor feeding frenzy, according to real estate agents. With prices low after the market crash, more homeowners are reluctant to sell - and with banks still stinging from the foreclosure crisis, financing is harder to come by. At the same time, the lower prices and rates are luring more buyers into the market. The result: Not nearly enough homes are on the market to satisfy the demands Read more [...]

London-listed sports content firm Perform agrees to acquire Swiss rival …

British multimedia sports content distributor Perform Group plc (LON:PER) said on Wednesday it will take over Swiss real-time sports data provider RunningBall Holding AG for a maximum of EUR120m (USD152.5m) in cash and stock. The move will boost the number of licensees Perform has, as well as the average number of events which are currently acquired by its existing ones. The group’s directors believe that the combination of its own sports editorial and video products with RunningBall’s Read more [...]

SpareBank 1 SR-Bank ASA: Listing of subscription rights

The rights issue was originally underwritten by a syndicate, established 7 February 2012, comprising Sparebankstiftelsen SR-Bank, Gjensidige Forsikring ASA and companies in the SpareBank 1 Alliance. Parts of the syndicate's original underwriting liabilities have been syndicated to, and taken over by, larger owners and institutional investors. The syndication led to an increase in the underwriting amount for Sparebankstiftelsen SR-Bank, and an unchanged or reduced amount for Read more [...]

Facebook options seen listed on May 29

By Doris Frankel Tue May 15, 2012 10:58pm BST (Reuters) - Traders will have their first crack at using options to hedge their bets or speculate on the direction of Facebook shares in two weeks, when U.S. options exchanges expect to list contracts on the hot new stock. "There is a lot of excitement around Facebook and investors are anxious to trade it by any means possible, either through the stock or its options," said TD Ameritrade chief derivatives strategist Read more [...]

Shortage of homes for sale in San Fernando Valley triggers bidding wars

A shortage of houses for sale in the San Fernando Valley is triggering bidding wars, quick sales and an investor feeding frenzy, according to real estate agents. With prices low after the market crash, more homeowners are reluctant to sell - and with banks still stinging from the foreclosure crisis, financing is harder to come by. At the same time, the lower prices and rates are luring more buyers into the market. The result: Not nearly enough homes are on the market to satisfy the demands Read more [...]

home prices edge up with fewer listings

With fewer houses competing for buyers, the median price edged up from $115,000 in March to $116,00 in April. Last month's mid-point price was up 10 percent from a year ago. "The overall median price has increased for three consecutive months, while demand has created inventory declines for the last 18 months" said Stephen Baker, chairman of the Orlando-based association. "Add in today's prices and the lowest mortgage rates since the 1950s, and now we have a market with buyers competing for available Read more [...]

Wilkinson short-listed for award

(UKPA) – 45 minutes ago  Jonny Wilkinson is the only Englishman and the only player from outside Heineken Cup finalists Leinster and Ulster to be named on the shortlist for European player of the year.Wilkinson has been integral in Toulon's run to a second Amlin Challenge Cup final, following his 17 points against Harlequins with a 27-point haul in the semi-final victory over Stade Francais.The former England fly-half is joined on the short-list by Leinster pair Jonathan Sexton and Rob Kearney, Read more [...]