| Private schools are sold on online auctions
If asked, and she usually is, Donna Bates will buy the $9 roll of wrapping paper to support her niece's school.
She'd also drop $850 on four Red Sox tickets for the same worthy cause.
From a professional fundraiser's perspective, that's a home run.
This spring, Stoneridge Montessori School in Beverly is tapping out-of-state relatives like Bates by putting its annual auction items online. Instead of one night a year, the auction now lasts two weeks and is open to anyone with a credit card and a computer.
"In the past, I've always been called upon to baby-sit so mommy and daddy can attend the auction," said Bates, of Stratham, N.H. "I wouldn't have the ability to even bid on them, and that is the wonderful thing."
Stoneridge isn't the only North Shore private school using online auctions to capitalize on far-flung alumni, relatives and family friends.
BP and Shell submit bids for UAE sour gas project
DUBAI: Oil majors BP and Royal Dutch Shell have submitted bids for a sour gas project in the United Arab Emirates that could have a price tag as high as $10bn.
The UAE holds the world's fifth largest gas reserves, and needs to develop them to meet soaring domestic demand.
It and neighbouring Gulf countries are facing rising energy needs as their populations grow and economies expand, fuelled by record oil revenues.
“We have made a submission," a BP company spokesman said yesterday. Bids for the project were due in to state-run Abu Dhabi National Oil Company (Adnoc) yesterday.
A Shell company source also confirmed that it made a bid.
Industry sources said that France's Total and US Occidental Petroleum had also submitted bids.
Adnoc invited bids from several other companies including BG Group, Chevron, ConocoPhillips, Exxon Mobil and Japan Oil Development Co.
Algonquin quits bidding war
Algonquin Power Income Fund has bowed out of the bidding for Clean Power Income Fund, leaving Macquarie Power & Infrastructure Income Fund the sole contender with its $226 million offer. Algonquin Power said yesterday its most recent bid of $5.47 per unit remains on the table, but it declined to match Macquarie's higher bid worth about $6.39 a unit. Should Clean Power decide to accept Macquarie's offer, Algonquin is entitled to a break fee of $1.75 million. Canadian Press .
Property auctions diversify market
Three Intracoastal Waterway lots in Carolina Forest will go on the auction block on Thursday - a form of marketing that real estate agents say is becoming more popular for residential properties in a slow market. "It's just another alternative. You get more focused marketing, and you have a day of sale," said Jerry Blanchard, real estate broker and part owner of Sea Land Properties and Auction LLC. Auctioning is becoming more popular for residential properties, analysts say, because of high inventories and a buyer's market. Sea Land Properties has been a real estate brokerage company in Ocean Isle Beach, N.C., for three years, but just added the auction part to the business in December because they saw the demand. "With the current market and properties not moving, we felt it was a good decision to offer this as well as the standard listing, put a sign in the yard and wait to see what happens," Blanchard said.
EXCITING EBAY AUCTIONS FOR DETROIT SUPERCROSS!
Scottsdale , AZ- The Road 2 Recovery Foundation announces exciting Ebay auctions for the 13th Round of Amp'd Mobile AMA Supercross Series. The first auction includes four VIP Credentials which allow the winners all day pit access before and after the race, Press Box Access and seating for the race. The Press Box is some of the greatest seats in the house, and there is closed circuit T.V. so if you missed something chances are you'll be able to see it again. Also included is a tour of a team race rig (team and time to be determined by promoter). The other auction includes 4 tickets to Detroit SX with all day pit access, tour of a team race rig (team and time to be determined by promoter), Set of SUNLINE Flex Levers (Brake and Clutch) personally autographed by James Stewart, Oakley sunglasses, Thor Backpack, SixSixOne Defender 2.5 Flat White Chest Protector with Neck Roll installed and other cool swag from One Industries and Rockford Fosgate.
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