| Ritchie Bros. Continues to See Worldwide Participation in its ...
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 2, 2007) - Ritchie Bros. Auctioneers (TSX:RBA)(NYSE:RBA), the world's largest auctioneer of industrial equipment, announces the results of three large unreserved auctions held last week. The largest was a two-day auction in Edmonton, Alberta that generated over CA$58 million (US$50 million) in gross auction sales - beating Company records for the largest Canadian auction ever held by Ritchie Bros. in more than 40 years of business. The other two large auctions were held in Atlanta, Georgia and Houston, Texas, generating over US$29 million and US$33 million in gross auction sales (respectively) - also breaking a number of Company records in those regions.
Ritchie Bros. continues to attract buyers from around the world to its auctions, including those who are bidding live and on-line, using the Company's online bidding service rbauctionBid-Live.
Troubled waters ahead for Indian River Inlet bridge
Just when it seemed the Indian River bridge project was finally moving forward, controversy has erupted over the bidding process to construct the $130 million structure over the inlet. And the bid has not even officially been awarded.
Darrel Cole, director of Delaware Department of Transportation (DelDOT) public relations, said the bidding process is under review by the governor’s office.
State labor officials are questioning the bidding process, and the possibility of legal action looms.
Union officials said the awarding of the apparent winning bid to the team of PCL Civil Contractors Inc. and Buckland & Taylor Inc. of Tampa, Fla., is questionable, Bridge
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based on a point system used to evaluate the bid.
Stars Partake in Elephant Project Auction
Broadway, film, and TV stars have been posing for photos with elephants for a charity project called the Elephant Project to benefit the Alzheimer's Association. Celebrities including Felicity Huffman, Kristin Chenoweth, and Julianne Moore, have been posing with an elephant beanie baby and signing specialized Elephant Project cards in order to create items for auctions. Rounds of auctions are held every few months, with each celebrity package consisting of an 8x10 photo of the celebrity and an elephant, an autographed card, and an elephant beanie baby.The current round of auctions began on April 15th and 16th and will end on April 22nd and 23rd. At this time, forty celebrity packages have been placed on eBay in hopes of raising over a thousand dollars by the end of the round.The Elephant Project was created in July 2006 by 16-year old David Niederhoffer, who wanted to create an organization to raise awareness and funds for the Alzheimer's Association after his grandfather passed away from Alzheimer's disease.
TAYLOR: Faith in action: volunteerism
Child Abuse Prevention is a focus all month and culminates in the Bids for Kids activities with a golf outing April 24 and televised auction April 27 and 28; the nation's largest food drive is May 12 and involves everyone with a mailbox through the support of the National Association of Letter Carriers; and the Play for Family Peace Golf Outing is set for May 14. Studies report volunteerism in America at between one-third to something under half of adults. Indiana tends to rank below average in number of volunteers. While most non profit organizations rely on volunteers for numerous activities, they also struggle with providing the resources to effectively manage volunteer activities. In our community, we are fortunate to have an entity that promotes and coordinates volunteerism: the local Retired and Senior Volunteer Program (RSVP), which is sponsored by the Anderson Public Library.
$10m TestaRossa headlines upcoming auction of rare Ferraris
For those who like their meat rare and red, news has come of the most scrumptious slab of automotive prime rib. At its upcoming event in Maranello, RM Auctions will be putting up on the block one of the rarest and most valuable Ferraris in existence: the one-of-a-kind 1962 Ferrari 330 TRI/LM Testa Rossa. The car that Phill Hill and Olivier Gendebien drove to victory at Le Mans in '62 has an estimated value between $8-10 million. Not only was it the last Testa Rossa ever built, but it was the only one to feature a 4-liter engine. As if the pedigree were not enough, Hill and Gendebien chalked up their third Le Mans win with this car . Canada-based RM Auctions is collaborating with Sothebys and Ferrari to hold the "Leggenda e Passione" auction at the Ferrari headquarters in Maranello outside Modena, Italy, on May 20.
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