Andy Warhol News
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Bloomberg's Erik Schatzker reports that Andy Warhol’s 1963 canvas of two Elvis Presleys brandishing guns fetched $37 million, above its low estimate of $30 million and less than half of the $71.7 million Warhol record. The painting was snapped up by the Mugrabi family, which owns one of the largest private Warhol collections. He speaks on Bloomberg Television's "Inside Track." (Source: Bloomberg)
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Roy Lichtenstein’s “Sleeping Girl” sold for $44.9 million at Sotheby’s in New York last night, a record for the artist, in a $266.6 million contemporary-art auction that was almost a third smaller by value than Christie’s the night before.
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“I walked along the road with two friends,” wrote Edvard Munch. “Suddenly the sky became blood … I heard a huge extraordinary scream pass through nature.”
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As General Motors Co. executives celebrated the opening of a special pavilion in Beijing to woo luxury customers away from Audi, a subtle message about the brand stood on display: a scale model of Cadillac’s U.S. presidential limousine.
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Justin Leverenz, who runs the $25 billion Oppenheimer Developing Markets Fund, is beating 97 percent of his peers by ignoring the economy.
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Billionaire Joseph Lau, who controls Chinese Estates Holdings Ltd., denied allegations of bribery made in the corruption trial of Ao Man-long, Macau’s former secretary of transportation and public works.
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Abbott Laboratories sued Watson Pharmaceuticals Inc. in Wilmington, Delaware, federal court for allegedly infringing two patents for its Niaspan cholesterol drug.
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Fashion designer Calvin Klein was among the VIPs browsing at the world’s biggest art and antiques fair as portraits of King Henry VIII and a New York drag queen were among sales each worth more than $2 million.
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Andy Warhol’s 1963 canvas of two Elvis Presleys brandishing guns against a silver background is heading to the auction block at Sotheby’s in May with an estimate range of $30 million to $50 million.
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Works by Mark Rothko, Jackson Pollock and Barnett Newman are part of an art trove that could fetch more than $100 million at Christie’s in New York next month.
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