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    News and Articles on Minimum Price

    Archives: Minimum Price

    Centre gives in on cane pricing issue  Nov 21, 2009
    Under the old system, the Centre would announce a Statutory Minimum Price (SMP) which was usually lower than the SAP declared by the state government. The sugar mill owners were bound to pay at least the SAP to the farmers. (India Times)

    Rohana: Quantum hike in sports package hasnt been determined  Nov 21, 2009
    The BPL is a commodity that has a minimum price attached. Astro negotiated the best price for the Malaysian market and one of Astros promises is to try to make it comparatively the best proposition in the region, if not the world, in terms of sports pricing. (The Star Online, Malaysia -- Business)

    * World Business Quick Take  Nov 21, 2009
    The Dutch auction methodology establishes a market price by allowing investors to submit bids at specified increments above a minimum price specified for each auction. INTERNET eBay completes Skype sale. (Taipei Times, Taiwan -- World)

    Russia plans minimum vodka price  Nov 20, 2009
    Moscow - A Russian government commission approved plans on Thursday to set a minimum price for vodka, the latest step in a campaign led by President Dmitry Medvedev to crack down on alcohol abuse, local news agencies reported ... The draft decree sets a minimum price for a half litre bottle of vodka at 89 roubles ($3. (Business Report, South Africa)

    Sugarcane ordinance: Govt isolated, opposition closes ranks  Nov 20, 2009
    The latter, created by the ordinance, replaces the statutory minimum price. The government will have a difficult time in limiting the damage as the ordinance is already in place. (India Times)

    Carbon trading  Nov 18, 2009
    Professor Helm agues for a tax to be used to provide a minimum price for carbon dioxide. The UK's Committee on Climate Change, chaired by Lord Turner, has called for state intervention to buy up credits in order to increase the price. (BBC News -- Business)

    Tomato farmers appeal to government to curb imports  Nov 18, 2009
    "The EU guarantees European tomato producers a minimum price and subsidizes tomato processors and exporters.". He said processed tomato products in EU received about 300 million Euros per year indirect subsidies and that was how cheap imported tomato products found their way onto the Ghanaian market. (Ghana Web, Ghana)

    Condo auctions draw many sales at big price cuts  Nov 17, 2009
    At 1400 S. Michigan, sales prices average $278 a square foot, or about 152% of the average minimum price ... At the Motor Row project, the average sales price was lower, about $185 a square foot, or 58% above the average minimum price. (Crain's Chicago Business)

    Calligraphy works for sale to help poor students  Nov 16, 2009
    Showcasing 1,000 pieces is a record-breaking feat itself in Malaysia, and we are setting a minimum price of RM100 a piece. If every piece is sold, it would raise a minimum of RM100,000, which is quite a good sum, she said. (The Star Online, Malaysia)

    France's Vivendi takes control of Brazil's GVT  Nov 14, 2009
    Shareholders decided that the company could be sold for a minimum price of 48 reals per share, if the buyout were carried out before February 28, 2010, and that payment was made in cash. They decided that potential buyers must also be able to buy 100 percent of the GVT shares and be willing to operate the company's mobile, landline and broadband operations in Brazil and abroad. (Yahoo! Asia News)

    Ambassadors Int. gets NASDAQ warning  Nov 14, 2009
    Ambassadors has until May 11, 2010 to regain compliance with the $1-per-share minimum price requirement. Most Read Stories. (Puget Sound Business Journal, WA)

    Farmers refuse Pawar's advice in UP  Nov 14, 2009
    The standoff has been triggered by the Centres controversial decision to implement a Fair and Remunerative Price for sugarcane, replacing the earlier Statutory Minimum Price (SMP). Apprehensions are mounting that if an amicable resolution is not found soon, wheat production in the top notch agricultural state may fall markedly, impacting consumer prices. (India Times)

    Auctioneer: T. rex fossil headed for museum  Nov 12, 2009
    Bidders didn't meet a minimum price when Samson went on the block at the Venetian hotel-casino on the Las Vegas Strip. Auctioneers were hoping it would fetch $6 million, but the highest bid came in at only $3. (MSNBC -- Environment)

    Whats in a number? Car number TAN 1 was worth RM200,000  Nov 9, 2009
    Under the current system, the minimum price for a Premier Value Number is only RM2,000; an Interesting Number RM800; and a Popular Number RM200. (You can check the website at jpj. (The Star Online, Malaysia)

    States to bridge cane FRP, SMP gap  Nov 7, 2009
    NEW DELHI: The fair and remunerative price (FRP) fixed for the 2009-10 sugar year by the government replacing the earlier statutory minimum price (SMP) will function as the floor price for sugarcane 00004000 payable to the farmer, the Centre has indicated ... The fair and remunerative price (FRP) fixed for the 2009-10 sugar year by the government replacing the earlier statutory minimum price (SMP) will function as the floor price for sugarcane payable to the farmer, the Centre has indicated. (India Times)

    A Meaty Debate  Nov 7, 2009
    By guaranteeing a minimum price for corn, for example, Washington encourages farmers to plant that crop on every square acre of land available. So theres always too much corn, and it gets turned into everything: high fructose corn syrup, McDonalds Happy Meals, cattle feed and so forth. (Townhall.com)

    Rio de Janeiro's Niemeyer Designed Hotel Nacional Gets No Bids at Auction  Nov 6, 2009
    Nov. 5 (Bloomberg) -- An auction of Rio de Janeiros was canceled after potential buyers declined to offer the minimum price of 118. 5 million reais ($69 million) for a property that has been closed for 14 years, the auctioneer said. (Bloomberg -- Latin America)

    Breakwater Resources Ltd.'s Third Quarter 2009 Financial and Operating Results  Nov 6, 2009
    6 million of price protection losses related to the purchase of put options to protect the minimum price on certain zinc sales while retaining further price increase exposure ... 9 million to guarantee a minimum price on a portion of its zinc production for 2010. (CCNMatthews Press Releases)

    Neither fair nor sweet  Nov 6, 2009
    The trigger for the new regulation was a Supreme Court order saying that the government should pay for levy sugar a price linked to the actual cost of cane, not the much lower statutory minimum price fixed by the government. The governments gain cannot be at the cost of the farmer. (India Times)

    The future: Robots aid Japan's elderly residents  Nov 5, 2009
    At a minimum price of $3,800, the device is still out of reach for many. But it has won converts at the Vinson Hall Retirement Community in McLean, Va. (USA Today)

    Sugar mills must pay gap b/w FRP and SAP  Nov 5, 2009
    The switch over from the earlier scheme of a Centre advised statutory minimum price (SMP) to a fair and remunerative price (FRP) was also aimed at addressing the issue of states suggesting a much higher price, the state advised price (SAP), for sugarcane. 1. (India Times)

    Bank's profit to top 6bn  Nov 5, 2009
    Please activate cookies in order to turn autoplay off. Bank's profit to top 6bn. (Yahoo News -- Banking & Financial Services)

    Govt cuts fair price for cane  Nov 3, 2009
    Farmers were paid a highly depressed statutory minimum price (SMP) thus far only so the government could pay low levy sugar price to millers. In reality, millers paid anywhere between Rs 140-180/qtl for cane in 2008-09 against a low SMP of only Rs 81+/qtl. (India Times)

    Rise in poverty worse than stated  Nov 1, 2009
    Please activate cookies in order to turn autoplay off. political correspondent. (Yahoo News -- Poverty)

    Dairies propose state hike milk's base price  Oct 31, 2009
    Western United Dairymen and the Alliance of Western Milk Producers asked California Agriculture Secretary A.G. Kawamura to raise the minimum price paid to dairy farmers for the milk they produce. "We are seeking 50 cents per hundredweight of milk," said Michael Marsh, chief executive officer of Western United Dairymen. (Modesto Bee, CA)

    Failed Wallace development site for sale — again (1037)  Oct 31, 2009
    Now Higgins Ranch is up for auction, with a minimum price of 750,000 ... The amount is also less than the reserve in a spring auction, when nobody bought it for the minimum price of a little less than 1. (Lodi News Sentinel, CA)

    Unsold condos at Waterfront Park Place to be auctioned  Oct 30, 2009
    MacDonald said the 15 condos up for auction will be divided into three groups, with one absolute sale in each group meaning the developer will accept the highest bid for that sale with no minimum price. Bidders will submit offers in terms of dollars per square foot and get to choose among the condos available in each of the three groups, she said. (Courier-Journal -- Business)

    CAP wants ciggy prices to be set at RM30 per pack  Oct 30, 2009
    GEORGE TOWN: The Consumers Association of Penang (CAP) has lauded the Governments move to impose a minimum price on cigarettes but hopes it would be higher -- about RM30 per pack -- to seriously deter people from smoking ... Liow had announced on Wednesday that a minimum price for packs of cigarettes would be implemented from next year in an effort to check the availability of cheaper cigarettes in the market. (The Star Online, Malaysia)

    Govt set to hike levy price for sugar  Oct 29, 2009
    The government through an ordinance passed last week amended the Essential Commodities Act, 1955 by replacing the statutory minimum price for cane by an F further stipulated that state governments rather than sugar mills, as has been the case up to now, would henceforth pay farmers the difference between a higher State Advised Price and the F/div. Read business stories in. (India Times)

    URA to launch tender for Pioneer Road North industrial site  Oct 29, 2009
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    Unfair pricing for sugarcane  Oct 27, 2009
    Last year, mills paid between Rs 145 and Rs 180 per quital of cane, proving that the statutory minimum price (SMP) announced by the Centre (Rs 81. 18/quintal) was depressed below fair support price. (India Times)

    States' control on sugar prices to dilute  Oct 27, 2009
    Meanwhile, Uttar Pradesh, the countrys second biggest sugarcane producer, raised the state-fixed minimum price paid to farmers for sugarcane by 18% to Rs 165 per quintal, compared to Rs 140 per quintal last year ... The higher minimum price will provide an additional Rs 2,100 crore to farmers in the state. (India Times)

    Big allocation to boost rice production  Oct 27, 2009
    70 per kg respectively effective June 1, 2008 and raising the guaranteed minimum price of padi from RM650 a tonne to RM750. Apart from the subsidies for padi price of over RM400mil and fertiliser of RM300mil, incentives are also given to increase padi yield, production and rice subsidy. (The Star Online, Malaysia -- Business)

    Delist: Does it make sense to wait for firm to relist or sell shares  Oct 25, 2009
    The fair value is the minimum price they have to pay to the shareholders. 1. (India Times)

    Dairy farmers weigh in on the ‘real' low milk price problem (3)  Oct 25, 2009
    He added there was enough money in the pot right now for an 18 minimum price. What consumers were paying for their products last spring was enough money for producers, enough money for processors and enough money for the retailers, he said. (Minnesota Farm Guide, MN)

    Plan panel sour with new sugar rate  Oct 23, 2009
    NEW DELHI: The Centre 00004000 has replaced the statutory minimum price (SMP) for sugarcane with a higher fair nerative price (Frough an ordinance-backed amendment to the Essential Commodities Act despite serious objections from various quarters including the Planning Commission ... The proposed change in regulation seeks to replace the MSP in the case of sugarcane with Faking the minimum price that mills have to pay to the farmers much higher than the MSP. ... The Centre has replaced the... (India Times)

    Pick n Pay reads riot act to suppliers  Oct 21, 2009
    Pioneer Foods MD Andre Hanekom said, "We are concerned about the plight of the consumer, and as such won't hesitate to adjust prices lower when we're in a position to do so. It is a balancing act with upward and downward cost pressure at any given time and a minimum price required to ensure our sustainability.". Shoprite has also called on manufacturers to reduce costs. (Business Report, South Africa)

    Govt plans statutory min price for sugarcane  Oct 20, 2009
    Under the regime, the concept of statutory minimum price (SMP) would give way to a Fir and remunerative price), pegged at 60% higher than the SMP, in order to increase domestic cane production ... The ECA amendment is likely to be done, with retrospective effect, through a clarification to section 3 (3 c) of the ECA. This section requires that the government price levy sugar obtained from producers be based on a minimum price for sugarcane, besides some other elements of cost of sugar ...... (India Times)

    Merchants vs. Credit-Card Fees  Oct 17, 2009
    Currently, merchants are barred from demanding a minimum price for credit-card purchases. "We can't keep absorbing these fees," Miller said. (BusinessWeek)

    JSE welcomes additions  Oct 17, 2009
    For both gold and platinum, each contract size equates to 10 troy ounces with the minimum price movement set at 100 South African cents per ounce. The gold contract expiry months are April, June, August and December with a minimum of two expiries always available for trade. (iAfrica.com)

    Energy and climate change: Questioning the invisible hand  Oct 16, 2009
    France has imposed a minimum price on carbon, for instance, and Germany and Spain give subsidies directly to renewable-energy firms. Yet to row back on deregulation would be intensely shaming for a country that pioneered the idea in the first place, and has been preaching its benefits ever since. (The Economist)

    Sugar may rise on policy ills  Oct 16, 2009
    The government has, however, not revised the price for levy sugar despite a Supreme Court ruling in the Mahalaxmi Sugar Mills case which said that levy sugar price, frozen for six years now, should be based on the SAP wherever applicable and not just the Statutory Minimum Price (SMP) announced by the government. The State Advisory Price (SAP), announced by the state governments, is usually much higher than the Centres SMP for sugarcane. (India Times)

    Sugar mills to sell 20% of output to PDS  Oct 13, 2009
    The levy sugar price is technically linked to the Centres statutory minimum price (SMP) for cane as against the price fixed ( advised ) by the state governments, which is always higher ... At present, levy price is technically linked to the Centres statutory minimum price (SMP). (India Times)

    Mountain Views  Oct 7, 2009
    Minimum Price i.e. 100000. Maximum Price i.e. 225000. (Atlanta Journal-Constitution -- Home & Garden)

    South Loop Motor Row condo project up for auction  Oct 7, 2009
    The 20 units being put up for auction start with a minimum price of $140,000 for a 926-square-foot, one-bedroom unit ... The most expensive one being auctioned off is a three-bedroom, 2,049-square-foot unit thats being offered with a minimum price of $359,000. (Crain's Chicago Business)

    Tyrannosaurus rex still looking for a home  Oct 6, 2009
    A fossilized Tyrannosaurus rex is still looking for a home after bidders failed to meet the minimum price Saturday at a Las Vegas auction ... T. rex still looking for home after Vegas auction Articles (10-03) 18:00 PDT LAS VEGAS, (AP) -- A fossilized Tyrannosaurus rex is still looking for a home after bidders failed to meet the minimum price Saturday at a Las Vegas auction. (San Francisco Chronicle -- Weird News)

    Infotainment  Oct 6, 2009
    6 million fell way below the minimum price. Samson, a female T-Rex found on a South Dakota ranch in 1992, also trailed the record $8. (Daily Times, Pakistan)

    T-Rex Still Needs A Home  Oct 5, 2009
    Sampson, a fossilized Tyrannosaurus rex, still needs a home after bidders failed to meet the minimum price at a Las Vegas auction. But Tom Lindgren of Bonhams & Butterfields says the auction house is talking with a number of institutions and individuals, and is confident a sale will be completed in the next couple of weeks. (13WMAZ.com, GA)

    T. rex: been around auction block, needs home  Oct 5, 2009
    A fossilized Tyrannosaurus rex is still looking for a home after bidders failed to meet the minimum price Saturday at a Las Vegas auction. Images. (San Francisco Chronicle)

    T-Rex fails to impress Las Vegas bidders  Oct 4, 2009
    6 mln fell way below the minimum price ... 6 million dollars fell way below the minimum price ... 6 mln fell way below the minimum price. (Yahoo! Asia News)

    Tyrannosaurus Rex Fossil Still For Sale  Oct 4, 2009
    A fossilized Tyrannosaurus rex is still looking for a home after bidders failed to meet the minimum price Saturday at a Las Vegas auction. But auction house Bonhams & Butterfields is in negotiations with a number of institutions and individuals, and Tom Lindgren, thecompany's natural history director, said he's confident a sale will be completed in the next couple of weeks. (KLAS-TV.com, NV)

    Malawi: Surplus Crop, But We Are Starving - Farmers  Sep 30, 2009
    It is a situation many blame on government, which has been in a protracted disagreement with buyers over minimum prices ... The Malawi government fixed the minimum price for cotton at 54 cents per kilo, but the buyers offered only 30 cents, saying the global financial crisis had lowered the demand, and therefore the prices. (allAfrica.com)

    Thomas Group receives warnings from NASDAQ  Sep 22, 2009
    said Monday that it has received two notices of deficiency from the NASDAQ Stock Market, warning the company that it has slipped below the $1 per share minimum price requirement for listing on the exchange. Irving-based Thomas Group (NASDAQ: TGIS) is an operations and process improvement firm. (Dallas Business Journal, TX)

    Zimbabwe: 'White Gold' Buyers Leave Rural Farmers in Debt  Sep 21, 2009
    "My family has absolutely nothing to show for the cotton we sell every year. We are living in poverty despite all the work and time we spent in the cotton fields. "The company that contracted me paid US 25 cents per kg. I sold two bales for US$100, but the money is not enough to buy food and farming inputs," laments a disgruntled Shiri as he pushes a wheelbarrow full of ripe tomatoes and lush green vegetables for resale at the growth point. He said the money he got from cotton sales this year... (allAfrica.com)

    Nasdaq may delist Atlanta companies  Sep 19, 2009
    On Sept. 15, Atlantic American (Nasdaq: AAME) received notice from Nasdaq that it was not in compliance with the exchange because its stock price did not close at or above the minimum price of $1 for a period of 30 consecutive trading days. The stock closed Friday at $0. (Atlanta Business Chronicle, GA)

    To boost or not to boost property  Sep 19, 2009
    One of the measures includes having a minimum price threshold for properties that foreigners can invest in. Our real estate market is an open one where supply is largely driven by demand. (The Star Online, Malaysia -- Business)

    Rice output to be lower than estimated in '09-10  Sep 18, 2009
    Rice output this year to be lower than estimated- Agriculture-Economy-News-The Economic Times. Rice output this year to be lower than estimated17 Sep 2009, 0508 hrs IST, ET Bureau. (India Times)

    Trading place  Sep 16, 2009
    At the same time, the Chinese can secure a minimum price for the credits, ensuring that they would not be selling economic growth for a pittance. This one-two punch reduces the overall monetary exchange while giving each party what they want; it can be a modest extension of the carbon market and sold in secondary markets to provide liquidity and stability for the carbon market. (BBC News -- Science)

    TSX Venture Exchange Daily Bulletins for September 15, 2009  Sep 16, 2009
    "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1253107822", "close" : "1253131222", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (CCNMatthews Press Releases)

    Industrial buildings in Round Rock to be auctioned  Sep 12, 2009
    Each building features a reserve price the minimum price that will be accepted for the property as much as $60 to $80 per-square-foot less than the original asking price. The sale must close within 30 days of the auction date. (Austin Business Journal, TX)

    Malawi defends tobacco expulsions  Sep 10, 2009
    The minimum prices were introduced for burley and flue-cured tobacco, Malawi's main export earners, last year ... In May he stormed the tobacco-auctioning floors to vent his frustration that the minimum price was not being paid to farmers. (BBC News -- Africa)

    Carbon Auction Prices for U.S. Northeast Set to Fall Amid Senate Delays  Sep 10, 2009
    Permits should trade at the minimum price because pollution levels are below the groups 2018 target of 169 million tons and will probably stay there, Sjardin said in an Aug. 7 research note. There will be a surplus of 78 million permits in the regional cap-and-trade program by 2014, according to estimates in a report released today by Oslo-based environmental market analysis firm. (Bloomberg -- Canada)

    Market Forecaster  Sep 5, 2009
    By doing this; you have established a minimum price with the long put and a maximum price with the short call ... The advantages are a lower initial investment of the options as well as a minimum price floor. (Midwest Bulls Eye, NE)

    Rise in poverty worse than stated  Sep 5, 2009
    Please activate cookies in order to turn autoplay off. political correspondent. (Yahoo News -- Poverty)

    Private exchange to aid startups seeking more cash  Sep 3, 2009
    The average transaction is priced at $75,000, three times the minimum price. Brogger estimated that another 25 deals started on SharesPost but were completed off the site. (Yahoo News -- Technology)

    Mexico's Peso Gains for First Time in Eight Days as Dollar Sales Extended  Sep 3, 2009
    In March, the central bank began auctioning $100 million in daily auctions that didnt require a minimum price and cut that amount to $50 million in June. Marginally. (Bloomberg -- Latin America)

    Bank's profit to top 6bn  Sep 1, 2009
    Please activate cookies in order to turn autoplay off. Bank's profit to top 6bn. (Yahoo News -- Banking & Financial Services)

    Sugar crisis  Sep 1, 2009
    It can take care of the weaker sections through the PDS. Likewise, there needs to be more sanctity for the scientifically determined statutory minimum price for sugarcane. A minimum price needs to be established mills can pay more if they want to and state governments must be encouraged to respect the same. (India Times)

    Deed sale draws no bidders for 11 eyesores  Aug 30, 2009
    At the next sale, which county officials hope can be held yet this fall, the commissioners can set the minimum prices for the properties ... The commissioners can then set minimum prices, which are generally very low to entice local residents to buy and clean up the properties ... SRI, the county s consultants, already has conducted title searches on these properties, the cost of which was included in the minimum price set by the commissioners. (Hartford City News-Times, IN)

    Highland tourist attractions  Aug 29, 2009
    This can be a fun activity for the whole family for a minimum price. Among the farms providing this service are Highland Honey Bee farm in Ringlet, Cameron Tringkap Bee Farm and the Healthy Strawberri Farm, Tanah Rata. (The Star Online, Malaysia)

    Govt may announce bonus for paddy  Aug 27, 2009
    NEW DELHI: The government may announce a bonus over and above the the minimum price paid to paddy farmers for the next season starting October ... The government may announce a bonus over and above the the minimum price. (India Times)

    NCSBA hired to search for superintendent  Aug 23, 2009
    The job could carry an annual minimum price tag of $150,000, Belcher said. Around 35 percent to 40 percent of that cost would be in benefits, he said. (Washington Daily News, NC)

    Triad community banks stuffed with foreclosures  Aug 22, 2009
    If no other buyer will pay a minimum price for the property, the bank takes it back and it becomes Other Real Estate Owned, or OREO on the bank s books. At the end of the third quarter of 2008, before the worst of the current recession had set in, ten of the largest community banks in the Triad were sitting on a combined $30. (Business Journal of the Greater Triad Area)

    Sugar cos seek decontrol promise  Aug 21, 2009
    The industry also wants the government to hike the statutory minimum price of sugar cane to Rs 180 a quintal, from the present level of Rs 107 for a quintal of cane from which 9. 5 kg of sugar can be recovered (if the recovery rate is lower, the price of cane falls proportionately), at a to ensure availability of cane at least in the subsequent crushing season. (India Times)

    To settle suit, UBS will reveal data on 4,450 accounts  Aug 20, 2009
    2 million UBS shares, securing a certain minimum price, Peter Siegenthaler, director of the federal finance administration, said. He declined to identify the banks or the minimum price, saying the state expects to make a significant profit. (Boston Globe)

    Free sale curbs on sugar may be lifted  Aug 19, 2009
    The government also proposes to hike the statutory minimum price for sugarcane to ensure adequate supply of cane for the crushing season beginning October 2010 ... At present, the Centre controls the sugar sector by fixing the statutory minimum price (SMP) or floor price for sugarcane to be paid by mills to farmers. (India Times)

    The World's Sweetest Investment  Aug 19, 2009
    Under its terms, the U.S. government guarantees a minimum price to domestic sugar growers by restricting imports and by buying and storing excess production. The result. (Human Events Online)

    Alesco Financial Inc. Announces Second Quarter 2009 Financial Results  Aug 18, 2009
    If the Company is not compliant by that date, its common stock will be subject to suspension and delisting by the NYSE. However, on February 26, 2009, the NYSE granted NYSE-listed companies a reprieve from the NYSE's $1 minimum price requirement until June 30, 2009, which reprieve was subsequently extended for an additional month through July 31, 2009. In addition, the NYSE permanently decreased its market-capitalization standard to $15 million for listed companies, which previously required... (PR Newswire)

    Former Vanilla Bean site to be auctioned in Sept.  Aug 18, 2009
    No minimum price has been set for the auction, but Passonno said the lot was appraised for about $700,000. The corner lot is at the intersection of Troy-Schenectady Road and Gaffers Court. (Albany Business Review, NY)

    Common short-sale hang-ups (2)  Aug 16, 2009
    " Jim, as this example illustrates, short sales are exceedingly complex. Sadly, this example is not the exception. Here are some of the other common reasons for short-sale approval delays: 1. Missing documentation To approve a short sale, the lender must have the appropriate documentation. For example, did the sellers submit a hardship letter explaining why they need a short sale? Just owing more than the property is worth is normally not an adequate reason for the lender to approve the short... (Lodi News Sentinel, CA)

    Citadel slashes stake in E-Trade  Aug 14, 2009
    The hedge fund manager intends to sell some E-Trade stock daily, under the terms of the plan, at a minimum price of $1. 20 a share. (Crain's Chicago Business)

    Charity warns over child drinkers  Aug 13, 2009
    Alcohol Concern has called for the introduction of a minimum price per unit of alcohol to tackle the problem. The Scottish Government is proposing such a measure in an Alcohol Bill due later this year, while in England and Wales the focus is on tackling the sale of alcohol to underage drinkers as well as helping those with problems. (BBC News)

    Maple Leaf Signs Letter of Intent Regarding Whitebark Pine Technology  Aug 12, 2009
    If this Letter of Intent turns into contract orders, hopefully by September, our seedling orders will exceed our greenhouse capacity. As a result we will inevitably need to access additional greenhouse space next year, which we believe is a very significant operational achievement. (Canada Newswire)

    Redwood City's Agilaire grows by offering the whole package  Aug 6, 2009
    Because Agilaire works with a variety of manufacturers, Haley says it can deliver on the client s needs with maximum efficiency and minimum price. Agilaire s scalable infrastructure has allowed for continued growth. (San Jose Business Journal, CA)

    Real estate: Short-sale snags hurt fight against foreclosures  Aug 5, 2009
    To try to avoid such delays, Bank of America has begun doing appraisals and determining a minimum price it will accept before a home goes up for sale. Meanwhile, has created a real estate agent education guide that explains the process, has increased staffing and has set up procedures to handle short-sale requests and explain the process to homeowners. (USA Today -- Money)

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