Defiant Chavez seeks indefinite re-election – again Dec 1, 2008
com: Defiant Chavez seeks indefinite re-election again. Defiant Chavez seeks indefinite re-election again. (Globe and Mail)
Venezuela vote emboldens Chávez Nov 25, 2008
Split decision: Leftist leader Hugo Chvez claimed Monday that the vote was an endorsement of his push for '21st-century socialism. Carlos Garcia Rawlins/Reuters. (Christian Science Monitor)
Opposition makes gains in Venezuelan vote Nov 24, 2008
November 24, 2008 at 1:19 AM EST. CARACAS President Hugo Chavez's allies won a majority in Venezuela's local elections Sunday, but the opposition made important gains, capturing the Caracas mayor's office and two of the most populous states. (Globe and Mail)
Venezuela shuts down McDonald's Oct 13, 2008
October 10, 2008 at 10:38 PM EDT. CARACAS The Venezuelan government has ordered all McDonald's restaurants in the country closed for 48 hours for what it calls irregularities in the financial books of the fast-food chain. (Globe and Mail -- International)
SUNDAY[!]: One of the most dramatic days in Wall Street history... Sep 15, 2008
The humbling moves, which reshape the landscape of American finance, mark the latest chapter in a tumultuous year in which once-proud financial institutions have been brought to their knees as a result of tens of billions of dollars in losses because of bad mortgage finance and real estate investments ... But during the credit boom both firms piled into risky real estate and ended up severely weakened, with inadequate capital and toxic assets. (The Drudge Report)
Short sellers have banks worried Sep 15, 2008
The firm, he told the crowd, had used "accounting ingenuity" to avoid large write-downs and remained tainted by bad commercial real estate investments ... He pointed to Lehman's investments in two real estate companies, Archstone and SunCal, and said Lehman had not marked its mortgage assets down enough. (International Herald Tribune -- Business)
Bank of America agrees to buy Merrill for $50 bln Sep 15, 2008
While Merrill Lynch is burdened with soured real estate investments, its financial position is stronger than Bear Stearns' was. . (International Herald Tribune)
Lehman Brothers files for Chapter 11 protection Sep 15, 2008
Lehman Brothers has filed for bankruptcy protection under the weight of $60 billion in soured real estate holdings. The company's filing for Chapter 11 protection will allow it to restructure while creditor claims are held at bay. (International Herald Tribune -- Travel)
Finding profit in a distressed U.S. market Sep 14, 2008
For a growing number of investors, the spate of home foreclosures across the United States a result of the mortgage crisis and drop in real estate values is creating extraordinary buying opportunities for distressed properties, not to mention a flood of how-to books, seminars and infomercials on finding the right deals. "You'll probably never see anything like this in your lifetime again," said Gene Hacker, a broker for Century 21 Allstars in Brea, California, which specializes in... (International Herald Tribune -- Business)
Giant of Wall St. teeters amid fear of wider crisis Sep 14, 2008
Lehman and other companies have said for months that they had a handle on their troubled assets tied to real estate. But their share prices have continued to sink. (International Herald Tribune -- Business)
No last act yet for financial drama Sep 14, 2008
The speculation began in technology stocks in the 1990s and turned to real estate, commodities and private equity buyouts this decade ... Now Wall Street is reeling, as a significant fraction of the speculative real estate loans that banks made during the boom years are underwater. (International Herald Tribune -- Business)
Chavez tightens grip on Venezuelan economy Aug 7, 2008
August 6, 2008 at 11:49 AM EDT. CARACAS Venezuelan President Hugo Chavez has tightened his grip on the economy with a package of decrees bolstering government power to take over businesses and control prices in the run-up to tight regional elections. (Globe and Mail -- International)
PetroFalcon to Present at CAPP Oil & Gas Investment Symposium Jun 13, 2008
PetroFalcon to Present at CAPP Oil & Gas Investment Symposium: Financial News - Yahoo. Source: PetroFalcon Corporation. (CCNMatthews Press Releases)
PetroFalcon Releases First Quarter 2008 Interim Financial Statements and Operations Update May 14, 2008
Source: PetroFalcon Corporation. CARACAS, VENEZUELA--(Marketwire - May 14, 2008) - PetroFalcon Corporation ("PetroFalcon" or the "Company") (TSX: - ) today released its interim consolidated financial statements and related management discussion and analysis ("MD&A") for the three months ended March 31, 2008, and 2007. (CCNMatthews Press Releases)
Rusoro Reports on Positive Meetings and Tour of Projects With Venezuela Mines Minister Apr 23, 2008
Source: Rusoro Mining Limited. VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 23, 2008) - Rusoro Mining Ltd. (TSX VENTURE: - ) is pleased to report on the positive nature of recent meetings and a subsequent tour of Rusoro's mining projects with Venezuelan Mines Minister, Mr. Rodolfo Sanz. (CCNMatthews Press Releases)
PetroFalcon Signs Definitive Agreement to Acquire Anadarko Venezuela Apr 7, 2008
Source: PetroFalcon Corporation. CARACAS, VENEZUELA--(Marketwire - April 7, 2008) - PetroFalcon Corporation ("PetroFalcon" or the "Company") (TSX: - ) announces the signing of a binding sale and purchase agreement for the acquisition of 100% of the issued and outstanding shares of Anadarko Venezuela Company ("Anadarko Venezuela") from an affiliate of Anadarko Petroleum Corporation ("Anadarko Petroleum") (NYSE: - ). (CCNMatthews Press Releases)
PetroFalcon Releases 2007 Annual Disclosure Documents and Operational Update Apr 1, 2008
Source: PetroFalcon Corporation. CARACAS, VENEZUELA--(Marketwire - April 1, 2008) - PetroFalcon Corporation ("PetroFalcon" or the "Company") (TSX: - ) today released its annual information form ("AIF"), annual consolidated financial statements and related management discussion and analysis ("MD&A") for the year ended December 31, 2007. (CCNMatthews Press Releases)
Chávez seeks Shangri-La with 'socialist cities' Apr 1, 2008
Camino de los Indios, Venezuela: Venezuelan President Hugo Chavez is building a 'socialist city' outside Caracas, to be called 'Caribia. Residents will have equal voices on community councils and grow crops outside their homes. (Christian Science Monitor)
Multiple Grammy(R) Winner Carlos Vives Helps Herbalife Family Foundation Raise $250,000 Feb 22, 2008
You no longer need to remember symbols. Simply type in a company name or stock symbol for instant results. (Yahoo! Wire -- Entertainment News)
Venezuelan backlash rising against Chávez plan Nov 28, 2007
No ms': Venezuelans create a banner against constitutional changes launched by President Hugo Chvez. Juan Barreto/AFP/Getty Images. (Christian Science Monitor)
Macleod Dixon LLP Celebrates 10th Anniversary in Caracas Nov 8, 2007
We serve clients around the globe and across a wide variety of industries including energy, financial, insurance, mining, real estate, technology and transportation. For further information: Anne Derby, Marketing Director, Macleod Dixon LLP, Telephone: (403) 267-8225, Email: anne. (Canada Newswire)
Venezuela's gas prices remain low, but the political costs may be rising Oct 31, 2007
In a country moving toward socialism, the beneficiaries of government largess here are still people like Nicols Taurisano, a businessman who dabbles in real estate and machinery imports. He is the proud owner of a Hummer. (International Herald Tribune)
Hedge fund shares crash again as spat continues Sep 20, 2007
Absolute hit back, saying: "It is disingenuous that Mr Homm has sought to portray himself as the employees' champion." It said its fixed income and real estate funds, which oversee $1. 1bn (500m), were not affected by the events. (Guardian Unlimited)
Cash-stuffed suitcase splits Venezuela and Argentina Aug 14, 2007
Opposition figures have suggested that the money was either part of a government slush fund or evidence of illegal enrichment on her part, but Miceli said in a previous interview with The New York Times that she borrowed most of it from a brother for a real estate transaction she hoped to make. 1. (International Herald Tribune)
Chávez is no enemy of free speech Jun 4, 2007
from the June 4, 2007 edition. Chvez is no enemy of free speech. (Christian Science Monitor)
* Venezuela set for property reforms Mar 27, 2007
Venezuela's government already helps to organize and finance thousands of cooperatives, but the state does not have full ownership of the real estate or infrastructure used by most co-ops. Chavez, who hosted Sunday's program from a ranch in the nation's sun-baked plains, said his government would move to seize control of large ranches and farms spanning more than 300,000 hectares and redistribute lands deemed "idle" to the poor under a nationwide agrarian reform. (Taipei Times, Taiwan -- World)
Computer Modelling Group Announces Record Third Quarter Results Feb 9, 2007
Source: Computer Modelling Group Ltd.. CALGARY, ALBERTA--(CCNMatthews - Feb. 9, 2007) - Computer Modelling Group Ltd. (TSX: - ) is very pleased to announce third quarter record results for both the three months and the nine months ended December 31, 2006. (CCNMatthews Press Releases)
Venezuelan stocks dive Jan 10, 2007
Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)
