Word: selling
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...move that may be even more important to the long-term interests of the mainland, the China Development Bank agreed to loan Brazil's oil giant Petrobras (PBR) $10 billion for exploration projects. The South American oil company also apparently agreed to sell China-controlled oil company Sinopec (SNP) crude supplies for the balance of the year. It does not take detective work to come to the conclusion that the two arrangements were related. In late 2007, Petrobras said it had discovered new fields far off its coast that contain as much as 8 billion barrels...
...fairly quickly learn that when they finally run out of options, it is time to sell the family farm...
...greatest moments in modern American sports history, the "Miracle on Ice," when the U.S. ice-hockey team unexpectedly defeated the Soviet Union at the 1980 Olympics. Add in an avuncular presidential candidate - Ronald Reagan - who would come to tap the victory's almost mythical national significance to sell the idea of a new American dawn. Turn it all into a movie. Who would you cast? Arnold Vosloo as Reagan and Presley Chweneyagae as U.S. hockey team captain Mike Eruzione, right...
...During the downturn, auctioneers in Michigan, Indiana, Tennessee, Pennsylvania, Georgia and other places have either added groceries to their programs, or increased the frequency of food sales. Grocers are eager to hand over their goods to the auction houses once they know they're not going to sell them in the store. For example Clyde DeHart, owner of DeHart's Auction Service in Carlisle, Pa., takes "scratch n' dent" items from a nearby BJ's Wholesale Club store. Since BJ's sells in bulk, if one can of corn gets smashed in the truck, the whole case...
...Some items are near or slightly past their sell-by dates, but these days, expiration won't keep shoppers from a discount. Other stuff is just sitting on the shelves, and will go to waste if it's not auctioned off. The grocers get the proceeds from the sale, and the auctioneer takes a cut for commission. DeHart, for example, says he usually receives about 30% of an auction's proceeds. He started running grocery auctions three months ago. During one five-hour auction in March, bidders paid $10,000 for groceries that retailed for $26,000. (See pictures...