http://moneyauction.info Auctions Finance Business News and Financial Information Thu, 04 Sep 2008 09:01:37 +0000 http://backend.userland.com/rss092 en Brazil will hold two auctions of onshore oilfields in December, Mines and Energy Minister Edison Lobao said Wednesday. The government plans to auction 171 blocks in Round 10 on Dec. 18, Lobao said. The country's national petroleum agency, known as ANP, will sell another 13 onshore fields as part of the ... http://moneyauction.info/2008/09/04/brazil-to-hold-oilfield-auctions/ Deutsche Post are considering the future of its banking subsidiary Postbank, a press report said Tuesday as sector consolidation shifted up a gear. Deutsche Post's supervisory board is to meet on September 12, the business daily Handelsblatt reported. Deutsche Post owns 50 percent plus one share of Postbank, but has made it ... http://moneyauction.info/2008/09/02/postbank-auction/ Camco International, the Aim listed climate change business, held its first auction of carbon certificates to companies seeking offsets to meet pollution reduction targets. The auction of 5.8m tonnes of carbon was over-subscribed four times as oil companies and utilities bid for the equivalent of almost 24m tonnes to avoid breaching ... http://moneyauction.info/2008/08/29/camco-auction-a-boost-for-carbon-trading/ Bank Muscat will issue 250 million rials ($649.7 million) in certificates of deposit (CDs)through an auction in a move supported by the nation's central bank to encourage saving, the bank said yesterday. The auction is the first of its kind in Oman, where CD auctions are reserved for the central ... http://moneyauction.info/2008/08/28/bank-muscat-launches-650m-cd-auction/ PT Indonesia Power (IP) and PT Wijaya Karya (WIKA) have secured three geothermal power plant projects in West Java with a total capacity of 285 megawatts (MW). Director of geothermal utilization at the Energy and Mineral Resources Ministry Sugiharto Harsoprayitno said Monday IP would exploit geothermal reserves in Cisolok Sukarame and ... http://moneyauction.info/2008/08/26/indonesia-power-wika-win-geothermal-auctions/ The Royal Bank of Scotland is close to abandoning the auction of its Direct Line and Churchill insurance empire after raising close to £6 billion from the markets. Coupled with the £1 billion sale of its 50% stake in Tesco Personal Finance and the disposal of Angel Trains, RBS’s finance ... http://moneyauction.info/2008/08/17/rbs-drops-direct-line-and-churchill-auction/ NEW YORK - Morgan Stanley announced today that it will repurchase at par auction rate securities (ARS) that are held by its retail accounts and were purchased through the Firm prior to February 13, 2008. Morgan Stanley has informed the appropriate authorities at the Office of the New York State ... http://moneyauction.info/2008/08/14/morgan-stanley-to-repurchase-auction-rate-securities/ The US Federal Reserve has auctioned $25billion in loans to banks in its latest bid to boost credit markets. The results of Monday's auction were revealed on Tuesday and showed the auction was oversubscribed with 64 bidders seeking $54.8bn from the bank. This latest auction involved lending firms money for 84 ... http://moneyauction.info/2008/08/13/us-central-bank-auctions-25billion/ Extreme Networks Inc. has announced that it has planned to start a modified Dutch auction tender offer to buy $100 million of common stock at a price per share not less than $3.30 and not greater than $3.70. Extreme Networks intends to start the stock tender offer on August 11 ... http://moneyauction.info/2008/08/11/extreme-networks-dutch-auction/ The State of Massachusetts sued Merrill Lynch & Co Inc. yesterday, charging the company with fraud over its sales of auction-rate securities, as the state widened its actions against Wall Street firms. The case, brought by the state's top securities regulator, William Galvin, charged Merrill with fraud and "dishonest and unethical" ... http://moneyauction.info/2008/08/01/merrill-sued-over-auction-securities/