| Louisville eclipses million-dollar milestone in surplus sales
LOUISVILLE, Ky. -- Mayor Jerry Abramson today announced that the city has "unloaded" more than a million dollars worth of surplus government vehicles, equipment and other items through online auctions. Metro Government sells obsolete and other surplus items through its website, LouisvilleKy.gov, and GovDeals.com, an online service similar to eBay. The $3,760 sale of a Case International 585 tractor to a bidder in Cookeville, Tenn., recently brought the total funds generated through the online auctions to more than $1 million. "The online auctions are a creative way this government is operating efficiently and effectively for our citizens," Abramson said. "We're unloading items that have outlived their useful life for government, and in doing so creating a revenue stream and reducing warehouse space." Abramson said the online auctions often generate more money than traditional auction-house auctions because items are up for bids around the clock and the online auctions allow more people - virtually from anywhere - to participate.
Putting the right options on your car can impact used values
Motorists should take more care with the options they fit to their new car as making the right decision could improve used values by hundreds of pounds according to a Manheim Auctions survey. Worryingly, making the wrong decision can cost drivers literally thousands.
Manheim, which has 19 auction sites across the UK, quizzed nearly 100 of its top used car buyers for their views on the impact of optional extras on the second hand values of cars in the Family, Compact Executive and Executive car sectors.
Desirable options, now expected on virtually all types of car include leather, metallic paint and a decent sound system. Satellite Navigation is increasingly sought after and healthy premiums are paid for cars with this as a factory fitted option.
Not surprisingly it's the luxury cars in the Executive sector which are most sensitive to the right specification.
Bidding battle expected for Boots
'Boots the Chemist', Alliance Boots, is considering opening up its books to a potential rival bidder to Kohlberg Kravis Roberts (KKT), which has offered £10.2 billion (approximately Rs86,914.2 crore) for the UK-based cosmetics and pharmaceuticals retail leader.
UK's largest investor in private equity and Britain's largest charity, The Wellcome Trust and private equity group Terra Firma, which owns the Odeon and UCI cinema houses, are believed to have asked to see the books of Britain's biggest pharmacy chain, while the German owner of the Lloyds pharmacy chain, Celesio, may also throw its hat in the ring. Boots will decide by Friday whether to open its books for inspection to Wellcome and Terra Firma. The company has already opened its books to the potential buyer, which had teamed up with Boots' deputy chairman Stefano Pessina, who already owns 15 per cent of the company and wants to take it private.
Colombian government to offer 13 offshore oil fields for ...
The Colombian government Thursday officially announced that it is to auction oil and natural exploration rights for 13 offshore blocks along its Caribbean coast on Sept. 18. The fields, with an average of 290,000 hectares, cover almost all of the Colombian Caribbean shore except for natural reservation areas and areas already handed to different oil companies, according to the announcement by Mining and Energy Minister Hernan Marinez. He said the area's oil and gas reserves might be rich, but that was "pure speculation" as no thorough studies have been carried out. Previously Colombia has only discovered small reserves of oil, which with the current oil prices in the world market have not been profitable. So far, Italy's Eni Spa, Royal Dutch Shell and Colombia's state-owned oil company Ecopetrol have requested information on the auction process, while many others have approached the Colombian government, said Armando Zamora, president of the National Hydrocarbon Agency, which is the government's oil licensing body.
Multi-Billion Dollar B2B Companies Standardize End to End ...
NetSuite, Inc., the leader in on-demand business management software, recently unveiled a B2B ecommerce platform consisting of advanced functionality that extends the benefits of Software as a Service (SaaS) applications to companies' B2B ecommerce operations.
Designed to address the needs of today's complex B2B businesses, the NetSuite® B2B platform encompasses sophisticated features – including quantity pricing, customer price levels, minimum order amounts, invoicing with customer terms and credit limits, easy re-ordering, and multiple webstore capabilities that allow the same company to create different sites for their B2B and B2C customers. With the NetSuite B2B ecommerce platform, companies of all sizes can run their end-to-end B2B ecommerce operations without having to go through the pain and high costs of developing complex custom applications or tying together different ecommerce point solutions.
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