auction

Walmart Will Join Auction to Buy Indonesia's Hypermart

The world's largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari's hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sources told Reuters on Thursday.

James Bond's Aston Martin Sells for $4.6 Million

A 1964 Aston Martin used in two James Bond movies sold for $4.6 million at a London auction. The car, complete with guns that poke out through the taillights and a license plate that rotates to display different numbers, was used in Goldfinger and Thunderball, CNNMoney reported.

Barbie With Diamond Necklace Sells for $302,500

A Barbie doll featuring a diamond necklace sold at a New York auction for a record $302,500. The one-off Barbie is wearing a black strapless evening gown with a choker necklace featuring a one-carat square-cut pink diamond, BBC News said.

Bernie Madoff's Prized Possessions Up For Auction

Bidders will have the chance to dip into the lifestyle of convicted Ponzi schemer Bernie Madoff, when a collection of his prized possessions are put up for sale. Among the goods to go under the hammer are a Steinway & Sons grand piano, a woman%u2019s ring with a 10.54-carat diamond and a miniature bronze bull, USA Today reported.

Presidential Escape: Who Bought Obama's Ford Hybrid?

The recent winning bidder for a low-mileage 2008 Ford Escape hybrid may have gotten more than he or she bargained for -- especially if it's dark gray in color. It seems that matches the description of the vehicle President Barack Obama drove prior to his bid to become president of the United States.

Is J.D. Salinger's Toilet a Good Investment?

As anyone who pays attention to the market can attest, valuation is a delicate dance. And, as the recent decision to auction J.D. Salinger's toilet demonstrates, this process is even more pronounced when the commodity is a commode.

Don't Swing at Stephen Strasburg's $40,000 Rookie Card

Bidding on a one-of-a-kind Stephen Strasburg autographed rookie card is already up to $11,000, and is expected to go as high as $40,000. But while the new rising star of the Washington Nationals appears to be worth the hype, the value of that baseball card almost certainly won't be.

X-Rays of Marilyn Monroe's Chest Sold for $45,000

A set of X-rays of Marilyn Monroe's chest was sold for $45,000 at an auction in Las Vegas. The X-rays, which were taken during a 1954 hospital visit, were sold at a movie memorabilia auction at Planet Hollywood, the BBC reported. The pre-sale estimate was a mere $3,000. A chair from the star's final photo shoot was purchased for $35,000.

Philadelphia Media Mogul Loses Newspaper Battle with Creditors

Former public relations executive Brian P. Tierney had wanted to be the top media dog in Philadelphia in the worst way, and he succeeded, taking over The Philadelphia Inquirer and The Philadelphia Daily News in 2006. But now his reign has ended. Creditors won the newspapers' bankrupt parent company, Philadelphia Newspapers, in an auction Tuesday.

Own a piece of 'Miracle on Hudson'

The sky's the limit for the amount of money a water-logged jetliner that an U.S. Airways pilot ditched in New York's Hudson River last year may bring...

Sotheby's Prepares to Revive Art Price Guarantees

Christie's International says expects to have a better year in 2010 than it did in 2009. Yet there are degrees of recovery: Though the practice of guaranteeing minimum prices is poised to return, sellers won't see a swift return to the prices objects fetched at auction in 2007.