UBS offers settlement to Telik over auction-rate securities

The News Review:

- UBS offers settlement to Telik over auction-rate securities
- Hong Kong wine auction nets $6.7 mln
- Texas Stadium items up for bid in online auction
- Aftermarket.com Auction Catalog Officially Released
- TREASURIES-US 30Y bond dives on weak auction, stock rally
- Kimball International Completes Final Sales of Land Holdings …
- Hirst Painting Flops at `Brutal’ New York Art Auction (Update1)

UBS offers settlement to Telik over auction-rate securities
San Jose Mercury News,  USA 
5 million, got some good news Friday, even if it is off a bit in the future. UBS, the financial firm, has. But Telik will have to wait until June 30, 2010, for the offer to kick in, and then it will have a two-year period during which to decide to sell them.

Hong Kong wine auction nets $6.7 mln
Reuters 
7 mln| Lifestyle| Reuters. 7 million of fine vintages in Hong Kong on Saturday with Asian buyers attracted to cheaply-priced wines.

Texas Stadium items up for bid in online auction
Dallas Morning News, TX 
That’s when bidding begins in an online Dallas Cowboys auction for select memorabilia items from Texas Stadium. Fans will be able to go online and bid on everything from players and coaches lockers to turnstiles with the Cowboys logo on them. The items date back to the stadium’s opening in 1971. The bidding period runs through Dec.

Aftermarket.com Auction Catalog Officially Released
MarketWatch 
Down Under consists of aggressively
priced, top-category names, especially in the. ”

The upcoming Aftermarket. com auction will feature high-quality domains
with substantial monetization potential.
Related from Harrypotterstore: Noble Collection 2008 Harry Potter Catalog Scans

TREASURIES-US 30Y bond dives on weak auction, stock rally
Reuters 
0 percent percent in late trading after briefly hitting itslowest level since March 2003. For a stock update, see [. N]
Thursday’s auction of a prior 30-year bond issue saw weakdemand amid concerns about the ballooning supply of long-termgovernment debt to fund industry bailouts. “The fear had been that there isn’t that much demand for4. 0 percent long bonds, particularly when the kind of accountsthat are interested in duration such as insurers or pensionfunds don’t want to commit the balance sheet,” said Carl Lantz,U. interest rate strategist with Credit Suisse in New York.

Kimball International Completes Final Sales of Land Holdings …
MarketWatch 
The auction sales totaled $50. 605
million. The Company confirmed that it reached an agreement to sell the nearly
12,000 acres in Union and Crittenden counties in western Kentucky, known
as the “Sturgis”
property for $24. 583 million, after previously rejecting a high bid of
$23. 9 million submitted Saturday, November 8 during the live auction.

Hirst Painting Flops at `Brutal’ New York Art Auction (Update1)
Bloomberg 
's New York auction didn't sell, the biggest upset of lastnight's auction that missed presale low estimates by more thanhalf. It was the third sale this week to disappoint art dealersand may herald a decline that tracks the drop in stock markets. 6 million with fees, against its presale lowprojection of $23 million. Two in five lots didn't sell.

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