| 1st Day — Collectible, Ephemera & Decorative Auction
First hour of the auction will be dedicated to sell a collection of approximately 100 HUMMELS from a home in Montgomery, MA. Several POST CARD & TRADE CARD Albums, autographed albums including wooden post card 1909. CLOCKS: New Haven banjo, Atmos Jaeger Le Coultre, Kroeber time strike & alarm shelf clock, coocoo clocks etc. CABINET PHOTOS; old car wreck, two hearse photos, Indian in military uniform. BOOKS: Children's books with mystery and Tom Swift, Hardy Boys, cookbooks & recipe pamphlets. Old SHEET MUSIC lots and children's records. STAMP lots, COINS & numismatic coin catalogues. Old German STEINS. POTTERY & CHINA: Roseville Futura vase, Mason's ironstone Staffordshire vases, early McCoy planter, signed Italian contemporary pottery, Famille Rose jardinière, Majolica pedestal & jardinière signed Limoges by Osborne DeWolf.
E.On and Enel Preparing Bids for OGK-5
German energy giant E.On and Italy's power firm Enel will bid for 25 percent in wholesale power firm OGK-5 in June and have already put down deposits, an industry source said Friday. The source close to the sale said both firms had paid a $97 million deposit to participate in the June 6 auction, when the stake will be sold at a starting price of $957 million -- 30 percent below its current market value. He said two Russian bidders had also sent applications, but that they had yet to put down deposits. He did not name them but said Gazprom was not among them. Gazprom; industrial conglomerate Interros; coal and energy firm SUEK; the investment vehicle of billionaire Viktor Vekselberg, KES; and Finish Fortum are among the most active bidders for Russian power assets, which are being spun off from former power monopoly Unified Energy Systems.
EBay results bolstered by newer businesses
NEW YORK: EBay posted better-than-expected profit in the first quarter as several of its newer businesses compensated for disappointing results in its mainstay auction service. The faster-growing units include shopping.com, a price comparison site; some classified listing sites; a service to let online merchants accept credit cards; and Skype, the online voice chat service. "We are on track with our well-crafted portfolio," Meg Whitman, eBay's chief executive, said in an interview after the earnings report Wednesday. The results sent eBay's stock up about 3 percent in after-hours trading. Overall, the company earned $377 million in the first quarter, up 52 percent from a year earlier. Excluding charges related to stock-based compensation and some other items, the company earned 33 cents a share, above the 29 cents that analysts had predicted.
Cable networks shun eBay online exchange
AUCTIONS on eBay may be adored by millions of consumers around the world, but the large cable television networks have decided they want nothing to do with them. Cable networks like Turner Networks, Discovery, Lifetime and ESPN have decided to boycott an online exchange designed by eBay to sell advertising time, the Cabletelevision Advertising Bureau, a trade group in New York, said. Without the participation of cable networks, the eBay exchange will have no air time to sell to advertisers. .
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