Auctions

Tue April 03, 2007

Ritchie Bros.’ Gross Auction Sales Break Record in 2006

Ritchie Bros. Auctioneers Inc. announced its financial results for the year ended Dec. 31, 2006. The company finished 2006 with net earnings of $57.2 million, or $1.64 per diluted weighted average share, a 7 percent increase over 2005 net earnings of $53.6 million, or $1.54 per diluted weighted average share....

Thu March 15, 2007

Auction Raises $500,000 for Concrete Industry Management Scholarships

The Concrete Industry Management (CIM) program — a business intensive program that awards students with a four-year Bachelor of Science degree in concrete industry management — raised approximately $500,000 at its auction held at World of Concrete. The second annual CIM Auction was held Thursday, Jan....

Wed March 07, 2007

Accruit Selected as Provider of LKE Services in America

Ritchie Bros. Auctioneers has announced that it has selected Accruit LLC as its exclusive provider of 1031 Like-Kind Exchange (LKE) services in the United States. Ritchie Bros. has further announced that Peter Blake, chief executive officer of Ritchie Bros....

Thu January 25, 2007

Ritchie Bros. Breaks Company’s Sales Record in Calif.

Ritchie Bros. Auctioneers, released results of its two-day unreserved industrial auction held at the company’s permanent auction site Perris, Calif., near Los Angeles. More than 3,200 truck and equipment items were sold Dec....

Wed November 08, 2006

Ritchie Bros. Auctioneers Reports Record Quarter, Declares Dividend

Ritchie Bros. Auctioneers announced net earnings for the nine months ended Sept. 30, 2006, of $47.4 million, or $1.36 per diluted weighted average share, which is a record nine-month performance for the company....

Wed November 01, 2006

Ritchie Appointed Chairman Emeritus

Ritchie Bros. Auctioneers announced that David E. Ritchie will step down as chairman of the board and a director of Ritchie Bros. Auctioneers Incorporated effective Nov. 30. Dave has accepted an appointment to the honorary position of chairman emeritus, also effective Nov....

Fri August 04, 2006

Ritchie Bros. Breaks Another Quarterly Earnings Record

Ritchie Bros. Auctioneers Incorporated had another record-breaking quarter, with net earnings for the six months ending on June 30 hitting $37.7 million, or $1.08 per diluted weighted average share. The figures compare to $34.8 million, or $1 per diluted share, in 2005....

Tue March 14, 2006

Ritchie Bros. Smashes Previous Gross Auction Sales Record

Ritchie Bros. Auctioneers Inc. smashed its previous gross auction sales record during its five-day sale in Orlando, FL, from Feb. 21 to 25. The company’s unreserved auction generated gross auction sales of more than $113 million....

Sat February 11, 2006

IRAY Wins First Place Awards at Annual Minnesota Convention

I.R.A.Y. Auction, owned by Ray and Cheryl Henry did a clean sweep at the Annual Minnesota Auctioneers Association Convention Jan. 14 by winning three first place awards and three second place awards in each of the different marketing categories....

Wed February 08, 2006

North Dakota Auctioneer Acquired by Ritchie Bros.

Ritchie Bros. Auctioneers Incorporated has announced the completion of the acquisition of the auction business of Dennis Biliske Auctioneers, a North Dakota-based auctioneer of agricultural equipment and real estate — including a 25-acre agricultural auction facility....