Tue April 22, 2008
Ritchie Bros. Splits Stocks 3-for-1
Ritchie Bros. Auctioneers’s shareholders have approved a three-for-one stock split of its outstanding common shares at the company’s 2008 annual and special meeting held on April 11. The stock split will be effected by an amendment to the company’s articles of amalgamation....
Mon April 07, 2008
City of Odessa Celebrates ’Ritchie Bros. Auctioneers Day’
The city of Odessa, Mo., proclaimed March 12 “Ritchie Bros. Auctioneers Day” at the grand opening of the company’s new permanent Kansas City auction site in Odessa. Mayor Anthony Bamvakais made the proclamation before cutting the grand opening ribbon to officially open the new site — one of 38 Ritchie Bros....
Wed April 02, 2008
Ritchie Bros. Auctioneers Celebrates 50-Year Milestone at ConExpo in Vegas
Ritchie Bros. Auctioneers marked its 50-year milestone in Las Vegas March 13 and 14 while conducting its first unreserved auction at its new Las Vegas auction site. Ritchie Bros. combined the Las Vegas auction with the nearby Henderson, Nev., site on March 15....
Tue March 18, 2008
Ritchie Bros. Gross Auction Proceeds Topped $3 Billion; 17 Percent Increase
Ritchie Bros. Auctioneers Incorporated achieved net earnings of $76 million, or $2.17 per diluted weighted average share, for the year ended Dec. 31, 2007, representing growth of 33 percent over 2006 net earnings of $57.2 million, or $1.64 per diluted weighted average share....
Wed March 19, 2008
Ritchie Bros. Hosts Iron Sale at Perris, Calif., Location
Ritchie Bros. Auctioneers hosted an unreserved sale at the company’s Perris, Calif., location Feb. 26 and 27. More than 2,500 people from 25 countries, including 40 U.S. states and 12 Canadian provinces and territories, registered for the two-day event....
Tue March 11, 2008
Ritchie Bros. Breaks Record as Florida Auctions End
Ritchie Bros. Auctioneers conducted the largest auction in its 50-year history, selling almost 6,200 lots over five days for total gross auction proceeds in excess of $190 million. The company sold more than $51 million of trucks and heavy equipment on day three of the auction: the most equipment ever sold at a Ritchie Bros....
Sat March 01, 2008
Proxibid Puts New Spin on Bidding
Based in Omaha, Neb., Proxibid provides the auction industry with a turn-key, live Internet bidding alternative for companies of all sizes. Since the company’s first live online auction in January 2003, Proxibid has provided live auction Webcasts for more than 1,100 auctioneers across the United States....
Fri February 29, 2008
I.R.A.Y. Receives Awards at Five-Day Event in Minn.
Minnesota State Auctioneer’s Association Conference took place Jan. 23 to 27 in Bloomington, Minn. During the five-day event, Auctioneer Ray Henry of I.R.A.Y. Auction received multiple awards such as first place for auction clothing as well as first and second place awards for various auction flyers....
Mon February 18, 2008
IronPlanet Reports Record Growth in ’07
IronPlanet, a leading online auction company for used construction and agricultural equipment, continued to gain significant marketplace momentum in 2007, with gross auction sales of $231 million, an increase of more than 42 percent over 2006....
Wed February 13, 2008
Ritchie Bros. Preps for Orlando Auction
Ritchie Bros. Auctioneers will conduct a large unreserved industrial auction at its permanent auction site in Orlando, Fla. from Feb. 19 to 23. A Ritchie Bros. auction held during February last year in Orlando broke worldwide records, generating gross auction proceeds of more than $172 million....
