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Archive for February 7th, 2006
Tuesday, February 7, 2006 Realtors fear new Web sites By Ian Mylchreest The $60 billion business of realtors is again threatened by Internet startups, reports the New York Times. One site gives buyers information that was once only available to realtors and the other has started online house auctions.
Zillow.com gives consumers information such as previous sales prices and the prices of similar properties on 60 million residential [...]
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Tuesday, February 7, 2006 Kyle Gateway takes shape By Ian Mylchreest The Focus Group's 1,700 acre purchase at Kyle Gateway is shaping up and soon to be presented to the City Council, reports the Las Vegas Sun. The final plan will include 15,000 homes, some 3,000 more than originally announced.
That's got Mt. Charleston residents very nervous but City Councilman Steve Ross is upbeat about the [...]
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Tuesday, February 7, 2006 GM takes Kerkorian's deal By Ian Mylchreest General Motors decided to accept the Kirk Kerkorian plan on Monday when it appointed his man, Jerome York to the company's board. The move is a sign that the board may be poised to take a more activist stance as GM struggles financially, reports USA Today.
The company followed up Tuesday when it announced, according to [...]
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Tuesday, February 7, 2006 Grocer ups his Wild Oats By Ian Mylchreest Los Angeles supermarket investor Ron Burkle has increased his bet on Wild Oats, the high-end food store, reports the Denver Post. The news came in a 13D filing with the SEC, which anounced that Burkle's investment vehicle had increased its stake in the Colorado-based chain to 14.9 percent.
The announcement insisted that the investment would remain [...]
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Tuesday, February 7, 2006 Citadel buys ABC Radio By Ian Mylchreest Las Vegas-based Citadel Broadcasting will be moving into some major markets with the acquisition of ABC Radio and 22 of Disney's stations, reports Reuters. The deal will leave Disney stockholders with 52 percent of the new radio company and Disney is keeping some cash for ABC Radio's value.
Citadel is not getting the prize brands like [...]
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