Turkiye Garanti Bankasi A.S. has filed a Home Country News Release – Announcement regarding the Offering Circular To view the full release click here (link to PDF).
The Google Now service – which aims to anticipate searches by offering information before it is asked for – extends to Apple’s iOS devices.
Read the rest here: Google Now service comes to iPhone
Big private equity firms are offering diversified products, but one size may not fit all investors.
Here is the original post: Private equity’s ‘bucket’ list
VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 23, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) (“Pretivm”) is pleased to announce that it has entered into a subscription agreement with Liberty Metals & Mining Holdings, LLC (“LMM”), a subsidiary of Boston-based Liberty Mutual Insurance, to issue to LMM by way of a private placement 5,780,346 common shares of Pretivm (the “Purchased Shares”) at a price per share of C$6.92 for gross proceeds of approximately C$40 million (the “Offering”). The purchase price is based on the volume-weighted average price of Pretivm’s common shares on the Toronto Stock Exchange for the twenty trading days ended April 19, 2013. The Offering is scheduled to close on or about April 26, 2013, subject to regulatory approvals.
See the original post: Pretivm Announces Strategic Investment by Liberty Metals & Mining
Watchdog says such firms provide useful service for homeowners but are often used by consumers in vulnerable situations
Companies who offer desperate homeowners a quick sale are to be investigated by the Office of Fair Trading, following concerns that their customers may be receiving tens of thousands of pounds less than their property is worth.
Quick house sale providers offer to buy a house or find a third party buyer very quickly, usually at a discount from the full market value. The sale is a cash sale, and the emphasis is on speed, with promises of completion in as little as five days in some cases. While most firms claim to offer fair or “realistic” prices and “no hidden fees”, consumers have reported cases where a price has been agreed, only to be dropped at the last minute, and being hit with high charges after a valuation has been accepted.
The OFT has launched a market study into the industry, writing to more than 50 quick house sale firms asking for information on their business models and calling for consumers who have used these services to tell it about their experiences.Cavendish Elithorn, the OFT’s senior director for goods and consumer, said: “Businesses offering quick house sales may provide a useful service for homeowners who need to unlock cash in a hurry.
“However, they are often used by consumers in vulnerable situations and therefore we are concerned about the risk of consumers being misled and losing out on large sums of money.”
Activity by these firms has increased in recent years, against a backdrop of falling property sales and a growing numbers of people struggling to repay their mortgages – by the end of 2012, more than 150,000 households had fallen behind on mortgage repayments.
In their website marketing some companies appear to be targeting people in danger of repossession, offering a quick sale before the lender can act. Many seem to be focussing on areas where the housing market is very slow or repossession rates are high.
Consumers who have used these schemes can contact the OFT at firstname.lastname@example.org by 16 May 2013.