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Auctions Wholesale News

OPENLANE Partners with Physical Automotive Auctions to Provide New Listing Options for Wholesale Vehicles Friday, March 19, 2010 @ 1:01PMREDWOOD CITY, CA – OPENLANE, Inc., an online auction company in North America for automotive dealers to buy and sell wholesale vehicles, announced the launch of the OPENLANE Certified Auction Partner program aimed at giving physical automotive auction companies a sales channel to remarket vehicles that did not sell in the auction lane though OPENLANE.com , an industry-leading online open auction.
OPENLANE Partners with Recovery Database Network to Expedite Repossessed Vehicle Sales Friday, March 19, 2010 @ 12:45PMREDWOOD CITY, CA – OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, announced a partnership with Recovery Database Network (RDN), a specialized provider of software and data solutions related to the recovery of assets for the automotive finance industry.
Hilco Industrial Sets Asset Auction Record for San Francisco Public Utility Company Friday, March 19, 2010 @ 11:15AMFARMINGTON HILLS, Mich.----Hilco Industrial, LLC, a leading distressed asset disposition company, announces the sale of four surplus, never-used General Electric LM6000 Sprint Turbine Generators on behalf of San Francisco Public Utility Company .
News in pictures on Friday Friday, March 19, 2010 @ 12:21AMA LOOK at some of the best pictures from around the world on Friday, March 19.
City Diaries Thursday, March 18, 2010 @ 7:04PM'Raising VAT to 20% would be a brave move'
KAR Auction Services, Inc. Announces Participation in Upcoming Investor Conferences Thursday, March 18, 2010 @ 7:57AMCARMEL, Ind.----KAR Auction Services, Inc. today announced its participation in the following investor conferences which will also be available via live audio webcast: Barclays High Yield Bond and Syndicated Loan ConferenceEric Loughmiller, Chief Financial Officer & Executive Vice President will speak on Thursday, March 25th at 4:05 pm Bank of America / Merrill Lynch New York Automotive ...
Treasury 10-Year Yields Near Two-Week Low on Rate Speculation Thursday, March 18, 2010 @ 6:51AMMarch 18 (Bloomberg) -- Treasury 10-year yields reached the lowest in almost two weeks as investors stepped up bets that the Federal Reserve will keep interest rates on hold until late this year.
Treasury 10-Year Yields Near Two-Week Low on Rates Speculation Thursday, March 18, 2010 @ 6:09AMMarch 18 (Bloomberg) -- Treasury 10-year yields reached the lowest in almost two weeks as investors raised bets the Federal Reserve will keep interest rates on hold until late this year.
Formaldehyde issue shadows FEMA houses Thursday, March 18, 2010 @ 5:45AMA Columbus company has been thrust into the national spotlight as one of the largest resellers of manufactured houses built for people displaced by Hurricane Katrina. Greenlawn Homes thought it got a great value, paying $27.5 million for about 15,000 units, but the company said it didn't realize it was also signing up for controversy.
Two decades of plant life Thursday, March 18, 2010 @ 5:22AMBy Lashonda Stinson Curry Staff writer In 1990, Alan Shapiro planted an small idea that grew into a huge Gainesville tradition. The event consolidated the smaller plant sales and created one large festival dedicated to plants and gardening.
Formaldehyde issue shadows FEMA houses Thursday, March 18, 2010 @ 4:45AMA Columbus company has been thrust into the national spotlight as one of the largest resellers of manufactured houses built for people displaced by Hurricane Katrina. Greenlawn Homes thought it got a great value, paying $27.5million for about 15,000 units, but the company said it didn't realize it was also signing up for controversy.
Treasuries Gain a 5th Day on Greece Concern, Slowing Inflation Thursday, March 18, 2010 @ 4:13AMMarch 18 (Bloomberg) -- Treasury 10-year notes rose for a fifth day on speculation Greece will fail to get financial assistance from the European Union at a meeting next week, spurring demand for safer assets.
U.S. Yield Curve Near Least Since January Before Inflation Data Thursday, March 18, 2010 @ 1:13AMMarch 18 (Bloomberg) -- The difference between 2- and 10- year Treasury yields was near the smallest since January before a government report that economists said will show consumer- price inflation slowed last month.
U.S. Yield Curve Near Narrowest Since January Before CPI Report Wednesday, March 17, 2010 @ 7:44PMMarch 18 (Bloomberg) -- The difference between 2- and 10- year Treasury yields was near the lowest since January before a government report that economists said will show consumer-price inflation slowed last month.
ADESA: Used-Car Prices Stay High Wednesday, March 17, 2010 @ 5:10PMUsed-vehicle prices have continued their year-over-year increases because of tight supply and solid demand, wrote ADESA’s Tom Kontos in his February 2009 Kontos Kommentary column.
U.S. Yield Curve Touches Lowest in Almost Two Weeks on Prices Wednesday, March 17, 2010 @ 3:51PMMarch 17 (Bloomberg) -- The difference between 2- and 10- year Treasury yields narrowed to the least in almost two weeks as a report on producer prices signaled there are few inflation pressures building in the early stages of the economic recovery.
Two-Year Treasuries Snap Two-Day Gain as Risk Appetite Rises Wednesday, March 17, 2010 @ 8:21AMMarch 17 (Bloomberg) -- Treasury two-year notes snapped a two-day gain after stocks rallied, damping demand for the relative safety of government debt.
Treasuries Snap Three-Day Gain as Rallying Stocks Sap Demand Wednesday, March 17, 2010 @ 6:22AMMarch 17 (Bloomberg) -- Treasuries snapped a three-day gain after stocks rallied, damping demand for the relative safety of government debt. Ten-year yields rose from near the lowest in a week after the Federal Reserve said yesterday it will keep interest rates near a record low to support economic growth.
Treasuries Snap Three-Day Gain as Rallying Stocks Sap Demand Wednesday, March 17, 2010 @ 6:01AMTreasuries snapped a three-day gain after stocks rallied, damping demand for the relative safety of government debt.
Treasuries Snap Three-Day Gain as Rallying Stocks Sap Demand Wednesday, March 17, 2010 @ 4:13AMMarch 17 (Bloomberg) -- Treasuries snapped a three-day gain after stocks rallied, damping demand for the relative safety of government debt. Ten-year yields rose from near a record low after the Federal Reserve said yesterday it will keep interest rates low to support economic growth.
Power, interrupted Wednesday, March 17, 2010 @ 2:29AMLooking at the bright side, the electricity shortage situation today is not as dire as 20 years ago--yet. For one, power outages today are not due to an acute shortage of power generating capacities but have been triggered by an El Nino induced drought, hence the suddenness and surprising severity.
Treasuries Drop, End Three-Day Gain, as Stock Rally Saps Demand Wednesday, March 17, 2010 @ 2:07AMMarch 17 (Bloomberg) -- Treasuries dropped, snapping three days of gains, as a rally in Asian stocks damped demand for the relative safety of government debt.
Femtocells and LTE Symbiosis Tuesday, March 16, 2010 @ 1:02AMFCC Delivers it National Broadband Plan The FCC delivered its National Broadband Plan to Congress, setting in motion the most significant reforms to the nation's telecommunications market in the broadband era.
Broadband Winners: AT&T, Verizon Monday, March 15, 2010 @ 10:43AMMobile-phone outfits may be the big winners in an FCC plan for more high-speed Internet service
Canada's Alberta Province Rolls Back Oil, Gas Royalties To Lure Back Investment Thursday, March 11, 2010 @ 5:59PMThe Alberta government is rolling back most of its year-old royalty hike and launching a study on how to trim red tape as it attempts to revive its political fortunes and woo oil and gas investment back into the province.
(AFX UK Focus) 2010-03-11 20:09 UPDATE1-New Zealand/Australia Morning Call-Global markets Thursday, March 11, 2010 @ 2:11PM-----------------------(06:50 / 1950 GMT)----------------------- Stock Markets S&P/ASX 200 4,814.20 -5.76 NZSX 50 3,223.45 +0.00 DJIA 10,571.41 +4.08 Nikkei 10,664.95 +101.03 NASDAQ 2,357.75 -1.20 FTSE 5,617.26 -23.31 S&P 500 1,144.95 -0.66 Hang Seng 21,208.29 +19.91 SPI 200 Fut 4,817.00 -2.00 CRB Index 273.39 -1.23
2009 State of the Market Report for PJM Released: Market Monitor Finds PJM Wholesale Electricity Markets Remain ... Thursday, March 11, 2010 @ 12:10PMPJM Interconnection's wholesale electric energy and capacity markets produced competitive results last year, according to the 2009 State of the Market Report, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. Â
Treasurys dip ahead of auction Wednesday, March 10, 2010 @ 11:12AMTreasurys traded lower Wednesday morning ahead of a government auction of $21 billion in 10-year notes.
NRG To Lay Off Nearly 70 Workers At Four Connecticut Power Plants Wednesday, March 10, 2010 @ 5:10AMNRG Energy plans to lay off nearly 70 employees at its four operating Connecticut power plants in June, about 35 percent of its state workforce, a company spokesman confirmed Tuesday.
AWMA Buyers Program Opens 2010 AWMA Show; Draws Rave Reviews Tuesday, March 9, 2010 @ 11:29PMLAS VEGAS -- A special program designed specifically for distribution company buyers opened the 2010 AWMA Show in Las Vegas and featured a spirited discussion led by top industry experts on steps companies can take to improve their bottom line.
Bidz.com Announces Financial Results for the Fourth Quarter and Full Year 2009 Tuesday, March 9, 2010 @ 3:00PMStable financial position with approximately $31.2 million in positive working capital Maintains profitability through careful expense management Federal District Court denied plaintiff's motion for Class Action Certification in "Marla Tidenberg v. Bidz.com" and litigation settled Launched deal with Aramex to offer effective shipping services to customers in 15 Middle East countries Zero balance ...
Capital-hungry small business owners see 'disconnect' with lenders Tuesday, March 9, 2010 @ 1:34PMFor small-business owner Skip Gronauer, the quest for capital continues.
Japan’s Bonds Rise as Lowest Sale Price Beats Dealer Forecasts Tuesday, March 9, 2010 @ 10:15AMMarch 9 (Bloomberg) -- Japan’s government bonds rose, pushing 30-year yields down to the lowest in five weeks, after a sale of 600 billion yen ($6.6 billion) in the debt drew stronger demand than the market expected.
‘On the Edge’ Banks Face Writedowns on FDIC Auctions Tuesday, March 9, 2010 @ 8:09AMMarch 8 (Bloomberg) -- A Federal Deposit Insurance Corp. plan to auction more than $1 billion in assets seized from failed banks next month, including a loan to build a W Hotel in Atlanta, may trigger...
Sugar prices drop to Rs 30/kg level Monday, March 8, 2010 @ 2:20PMSugar prices in parts of the country, especially Maharashtra, dropped to below Rs 3,000 a quintal (S-30 grade) on Monday. In the wholesale Vashi market, prices dropped to Rs 3,050-3,110 a quintal, a four-and-a-half month low.
Research and Markets: Netherlands - Mobile Market - Overview, Statistics & Forecasts Monday, March 8, 2010 @ 12:01PMDUBLIN----Research and Markets has announced the addition of the "Netherlands - Mobile Market - Overview, Statistics & Forecasts" report to their offering.
January 2010 Connecticut Business Starts Monday, March 8, 2010 @ 10:00AMThe following business starts were recorded in January 2010 by the Connecticut Secretary of the State's Office. When available, the name of a registered member or officer is given.
Garden Calendar Saturday, March 6, 2010 @ 2:04AMCLASSES/WORKSHOPS Home Improvement workshops — The Home Depot will host the following free workshops in March. Interior Paint, 10 a.m. Saturdays.
AGRI-BIZ & COMMODITIES Wednesday, March 3, 2010 @ 12:45PMCOTTON: AP farmers say no to hike in Bt cotton seed prices State in talks with all players as companies seek higher rate. Cotton farmers and seed companies in Andhra Pradesh are at loggerheads again.
OPENLANE Partners With Physical Automotive Auctions to Provide New Listing Options for Wholesale Vehicles Wednesday, March 3, 2010 @ 7:30AMREDWOOD CITY, Calif.----OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced that it has launched the OPENLANE Certified Auction Partner program aimed at giving physical automotive auction companies a sales channel to remarket vehicles that did not sell in the auction lane though OPENLANE.com, an industry ...
OPENLANE Sets Sales Records in 2009; Momentum of Success Continues into Early 2010 Wednesday, March 3, 2010 @ 7:30AMREDWOOD CITY, Calif.----OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced the company has begun 2010 with significant momentum in both sales and the number of value-added programs it has rolled out to dealers and consignors during the first two months of the year.
Jeff Grandstaff Featured Panelist at Conference of Automotive Remarketing Wednesday, March 3, 2010 @ 1:01AMGrandstaff, general manager of ShipCarsNow, is an authority on auto transportation for used vehicles. As part of the Conference of Automotive Remarketing, March 3-4, 2010, in Las Vegas, Grandstaff will speak to auto remarketing professionals about how auto transportation can be used to expand wholesale auto trading on the Internet.
CarsArrive Network Named Exclusive Transportation Solution for Volkswagen Credit, Inc. Wednesday, March 3, 2010 @ 12:25AMREDWOOD CITY, Calif.--CarsArrive Network, a leading transportation solution company in North America serving dealers, financial institutions and automotive manufacturers, today announced it is now the sole transportation solution for Volkswagen Credit, Inc. (VCI), including Audi Financial Services, for all vehicles being moved to physical auctions.
Conroy unsold on Telstra "erosion" claims Monday, March 1, 2010 @ 11:24PMIncumbent already eroding.
MANHEIM HONORED WITH AWARDS RECOGNIZING INDUSTRY EXCELLENCE Monday, March 1, 2010 @ 10:30PMMarch 1, 2010 MANHEIM HONORED WITH AWARDS RECOGNIZING INDUSTRY EXCELLENCE ATLANTA - From Seattle to Central Florida, Manheim locations and team members across North America were recently honored with awards from customers and partners, recognizing outstanding operating location performance, customer service, online results and reconditioning.
OPENLANE Provides Access to Greater Number of Wholesale Rental Vehicles Online Monday, March 1, 2010 @ 10:25PMREDWOOD CITY, Calif.--OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced that Ford Motor Company is now making Ford rental fleet vehicles available for purchase on Accelerate, OPENLANE’s private label auction service for Ford franchisees to purchase vehicles from Ford Motor Credit Company.
KAR Auction Services, Inc. Reports Fourth Quarter and Full Year 2009 Results and Files Fiscal 2009 Annual Report on ... Friday, February 26, 2010 @ 11:15PMCARMEL, Ind.--KAR Auction Services, Inc. , today reported its fourth quarter and annual financial results for the period ended December 31, 2009. For the fourth quarter of 2009, the company reported revenue of $417.9 million as compared with fourth quarter 2008 revenue of $396.2 million, an increase of 5%. Adjusted EBITDA for the fourth quarter of 2009 was $99.7 million as compared with fourth ...
KAR Auction Services, Inc. Reports Fourth Quarter and Full Year 2009 Results and Files Fiscal 2009 Annual Report on ... Thursday, February 25, 2010 @ 4:46PMCARMEL, Ind.----KAR Auction Services, Inc. , today reported its fourth quarter and annual financial results for the period ended December 31, 2009. For the fourth quarter of 2009, the company reported revenue of $417.9 million as compared with fourth quarter 2008 revenue of $396.2 million, an increase of 5%.
New billing system could raise gas bills Thursday, February 25, 2010 @ 6:10AMBy JON CHAVEZ BLADE BUSINESS WRITER State regulators yesterday approved results of an auction that, beginning April 1, will help determine future monthly natural gas rates charged by Columbia Gas of Ohio. Based on current commodity prices, customer bills for the heating fuel could rise from the low levels of this winter. On Tuesday, a group of seven independent gas suppliers submitted their ...
World Energy Makes Bold Smart Grid Debut, Launches Auction-Based Exchange for Demand Response Wednesday, February 24, 2010 @ 6:00AMWorld Energy Solutions, Inc. , an operator of online exchanges for energy and green commodities, today unveiled the World DR Exchange, a new auction platform that changes the economic and competitive dynamics of the multi-billion dollar demand response market.