Finance counsels

Memphis International Airport was named the No. 1 air cargo airport in the world for the 16th consecutive year by the Airports Council International.
According to preliminary rankings released by ACI, Memphis International Airport handled 3,840,574 tons of cargo during 2007, an increase of 4 percent over the 3,692,205 tons of cargo handled during […]

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The Classic Wines Auction at the Oregon Convention Center raised $3 million for five local charities.
The five charities are Metropolitan Family Service, New Avenues for Youth, Friends of the Children, Trillium Family Services and YWCA Clark County. Auction chairs were Linda Hickey, Mark Miller and Dan Agnew.
"This year's auction went […]

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New Zealand's house prices rose at the slowest pace in three years in February as higher interest rates curbed demand for property.
Prices climbed 7.7 percent in February from a year earlier, Quotable Value New Zealand Ltd., the government valuation agency, said in a report released in Wellington today. That's the slowest pace since […]

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The Bank of England will probably keep the benchmark interest rate unchanged today as accelerating inflation prevents policy makers from lowering borrowing costs to support economic growth.
The nine-member Monetary Policy Committee, led by Governor Mervyn King, will leave the bank rate at 5.25 percent, according to 59 of 60 economists in a Bloomberg […]

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Cell Therapeutics Inc. said it issued $51.7 million in new convertible senior notes on Tuesday, the same day that shares in the company plummeted more than 42 percent.
Shares in the Seattle-based biotech (NASDAQ: CTIC) plunged 55 cents to close at 74 cents in Tuesday trading.
Company officials said they'll hold a conference […]

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Minnesota Innovation Center, a research facility which will be built near the U of M, is being pre-leased by Wall Cos., the companies said Monday.
Minneapolis firm Colliers Turley Martin Tucker has been retained by Minneapolis-based Wall to market and pre-lease the facility, which is slated to be built in several phases, a […]

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Nobel economics laureate Joseph Stiglitz, author of a new book that claims the Iraq war will cost the U.S. more than $3 trillion, said the final tally is likely to climb much higher than that.
“It's much more like five trillion,'' Stiglitz said yesterday in an interview with Bloomberg Radio. “We were trying […]

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The California Container Tax bill is back.
Senate Bill 974, which had been shelved last September, is back in the California Assembly. The bill calls for a $30 fee on each 20-foot unit on every cargo container going through the ports in Long Beach, Los Angeles and Oakland.
The added costs to […]

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