| Biggar and better as Lanarkshire town bids to be Scotland's first ...
A CAMPAIGN to create the first "carbon neutral" town in Scotland is to be launched tomorrow in an attempt to kick-start a green revolution. Under the plan, the town of Biggar, which has a population of about 2,000, would grow its own food, create its own electricity and dump no waste. .
$1.3M in bids approved for HMS renovation
HAMMONTON -- Over $1.3 million in bids were approved Thursday by the Board of Education, paving the way for the final phase of renovations and expansion work at the Hammonton Middle School. The work will begin this June. Eleven new and renovated classrooms are part of the upcoming construction, which was approved in January 2006 as part of a $2.6 million referendum. The first phase of the construction involved replacing the aging and leaking roof at the school on North Liberty Street. The work eventually came in under budget, leaving the district with a balance of $1.6 million in funds from the referendum. With architectural costs and other related expenditures, district officials expect to have just enough funds to cover the project. Any added expenditures above the referendum amount would have to be made up through the district's regular budget.
Wellcome Trust enters the bidding fray for Alliance Boots
The Wellcome Trust, the world's largest medical research charity, has waded into the battle for Alliance Boots by teaming up with the private equity group Terra Firma to launch a bid for the retailer. The charity and Terra Firma, which is owned by the financier Guy Hands, have asked for permission to examine the company's books to conduct due diligence. Employees at the private equity firm were thought to have been in their London office over the holiday weekend working on the details of the potential offer. .
AOT must clean up its act entirely
The Airports of Thailand (AOT) decision last month to terminate King Power International's concession contracts to exclusively operate duty-free shops and manage the commercial area at Suvarnabhumi Airport is no surprise. Everyone saw it coming. After the September 19 coup, King Power, which had until then been extremely good at finding all the right political connections, found itself in a tight spot. The AOT board resolved to nullify the two concessions on technical grounds, after the Council of State, the government's legal advisory body, ruled that King Power had intentionally skirted the Public-Private Joint Venture Act through deception, an allegation the company denies. The Council of State said King Power deliberately under-declared the value of the investment in each of the two contracts as being below Bt1 billion to avoid the greater scrutiny that would otherwise have been applied.
WWA Group Reports Record Revenues and Earnings in 2006
DUBAI, United Arab Emirates--(BUSINESS WIRE)--WWA Group Inc. (OTCBB: WWAG), one of the world's largest auctioneers of transportation and industrial equipment, announced record-setting results in 2006, as disclosed in WWA Group's Form 10-KSB, available at http://www.sec.gov. Revenue for the year ended December 31, 2006 increased 8% to $17,622,384 from $16,312,971 for the comparable period ended December 31, 2005. Revenue increases came from a 10% increase in commission and service revenue in 2006 over 2005, and the addition of revenue from the acquisition of a shipping business in 2006. Gross profit increased 29% to $5,519,858 in 2006 from $4,272,735 in 2005. Net income for the twelve month period ended December 31, 2006 increased 5% to $1,179,911, after a non-cash charge of $175,175 incurred as a result of stock option expenses.
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