Tuesday, November 29, 2016

The 'barn find' Cars of Roger Baillon

A team from French auction house Artcurial Motorcars discovered a treasure trove of “barn find” condition cars, five dozen cars from the Roger Baillon collection in western France in late 2014. They wore badges from the likes of Ferrari and Maserati as well as prewar greats like Delahaye and Bugatti.

The whole collection was sold by Artcurial at their annual Paris sale.
The specialists at Artcurial regularly traverse France finding cars for sales. This was definitely the find of a lifetime. Sixty collector cars in one place is something special, but the quality of the machinery found was the stuff dreams are made of.

Included were cars from Bugatti, Hispano-Suiza, Talbot-Lago, Maserati, Ferrari, Porsche, Delahaye, Delage and Facel Vega as well as coachwork by famous names like Chapron and Saoutchik. Even grimy and neglected, any one of them would be an incredible find on its own.

One car that was the highlight at auction was the 1961 Ferrari 250 SWB California Spider. Found under a pile of papers, it is one of just 37 built, and was thought lost by marque car experts.

The last SWB California Spider to sell at auction went for $15 million. This example made $18,586,482.
The cars were amassed by shipping magnate Roger Baillon in hopes of one day opening a museum. Some of the cars were bought in the 1950s by Baillon who dreamt of restoring them to their former glory.
1936 Panhard et Levassor Dynamic X76.

Talbot-Lago T26

1949 Talbot-Lago T26 Grand Sport SWB
A Frua-bodied Maserati A6G 2000 brought $2,280,550. Two Saoutchik-bodied Talbo-Lago T26s from the collection also found spots in the top ten with a 1949 Grand Sport SWB bringing $1,938,467.

A 1948 Record Cabriolet sold for $849,504.

1956 Maserati A6G 2000 Gran Sport Berinetta

Monday, November 21, 2016

Royal Bank of Canada - RY.t

Royal Bank of Canada - RY.t is the largest financial institution in Canada. The bank serves 18 million clients and has 80,100 employees worldwide.

It was incorporated as a Canadian chartered bank in 1869, and has grown to become one of North America's leading diversified financial services companies providing banking, wealth management, insurance and capital markets services on a global basis.

On November 18, 2016 the media released News

The Financial Post reports in its Friday, Nov. 18, edition that the election of Donald Trump is being hailed as a "game changer" for the U.S. banking sector, as the Republican sweep of the White House and both houses of Congress appears to have shifted investors' expectations about interest rates, regulation and the broader business environment.


Friday, November 18, 2016

Saputo Inc. - SAP.t

Saputo Inc. - SAP.t produces, markets, and distributes a wide array of dairy products of the best quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients.

Saputo is the one of the finest dairy processors in the world, the largest in Canada, the third in Argentina and the fourth in Australia. In the US, the Company ranks among the top three cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products.

On November 10, 2016 the company released News
"Saputo Inc. (TSX: SAP) (Saputo or the Company) announced today it may purchase for cancellation up to 1,000,000 of its common shares pursuant to private agreements with an arm's-length third-party seller. The common shares so purchased would be counted towards the 19,547,976 common shares Saputo is entitled to repurchase for cancellation under its normal course issuer bid announced on November 12, 2015.