Guangzhou Auto Plans IPO estimate US$2 billion
Jun. 15, 2007 (China Knowledge) 鈥揋uangzhou Automobile Group Co. one of China's 10 largest car makers plans an initial public offering (IPO) early next year, the estimate will be between US $900 million and US$2 billion. Shanghai listing could be added to the Hong Kong listing said a source Guangzhou Auto hired investment banks China International Capital Corp., J.P. Morgan Chase & Co., Lehma..... .
Motorsport: Masons's three for three
Masterton driver Richard Mason made it a hat-trick of Rally Wairarapa wins yesterday in the third round of the New Zealand Rally Championship. Mason wiped any hint of competition with a clean-sweep of stage victories - pushing his overnight leading margin to a total of two minutes 05 seconds.
The Ford Fiesta of Auckland's Mark Tapper finished seventh overall, overtaking the previous leading two-wheel drive car of Kapiti's Aaron Cook (Honda Jazz), who finished eighth.
With 24 cars finishing the day, the major retirement was the Subaru Impreza of Emma Gilmour, who had gearbox problems.
The fourth round moves to Hawkes Bay on August 3-4.
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Szoke Fastest In Parts Canada Superbike Practice Friday At Mont ...
MONT-TREMBLANT, QC 鈥?The new Parts Canada Superbike Championship season started with a familiar name at the top of the timesheets Friday, as defending series champion Jordan Szoke led practice at Le Circuit Mont-Tremblant. The Brantford, Ont. racer rode his Canadian Kawasaki Motors Kawasaki ZX-10R to a time of one minute, 40.409 seconds around the 4.275km (2.65-mile) circuit. Cochrane, Alta.'s Clint McBain was second fastest with a time of 1:41.170 on his Suzuki acceleration Racing Suzuki GSX-R1000 and Steve Crevier of Maple Ridge, B.C. was third on the Team Toyota Yamaha / Fast Company Yamaha YZF-R1 with a lap at 1:41.503. 鈥淚 can't complain. I'm very determined and I'm very eager to defend the number one plate," said Szoke, who won five of seven races last season, including the round at Mont-Tremblant.
More From The WERA National At Miller Motorsports Park
The Millnic Media Honda Team of Melissa Paris, Greg White and Steven Breckenridge has accomplished a season long goal in only their third time on the track. On Saturday June 16th in the WERA/AMA National Endurance Series Millnic Media Honda notched its first win of their freshman season. Competing in the Mediumweight Superstock class the 2007 Honda CBR600RR mounted team completed 157 laps around the 3.02 mile Miller Motorsports Park Circuit. Not only did the Millnic Media Honda Team win their class, but were able to complete enough laps to finish 5th overall. Millnic Media Honda's weekend did not start the way they had hoped when team rider Greg White had an unfortunate incident with another rider during Miller Motorsports Park open track day on Thursday before the race. Greg was transported to the University of Utah's Trauma center and was out of racing competition for the weekend.
Master tuner AC Schnitzer's Tension Street Version of BMW's 6 Series range is claimed to be the fastest road legal BMW in the world, clocking a top speed of close to 332 km/h.
The two-toned body sports a fearsome body kit, boasting the tightest rear skirt, chrome-rimmed air intakes on the bonnet, and air ducts integrated into the side skirts.
Depending on the base model, the Tension Street Version can be specified with AC Schnitzer's new 5.1-litre V8 as an alternative to the 5.0-litre V10 used in the M5 and M6. This unit produces 302 kW and 550 Nm of torque.
The engine howl is transmitted via a bespoke exhaust system constructed totally from stainless steel with chromed sports trim tailpipes gleaming from the rear.
Stopping power on M6 versions is provided by eight-piston calipers at the front and special pads for razor-sharp efficiency.
Randy Pobst: 鈥淓very Time I Come Out of The Toe of The Boot ...
And, every time I come out of the toe of the boot, memories just fill my head. I put together a good lap with a lot of help from [teammate] Jeff Altenburg. He towed me two-thirds the way down the track. I passed him coming out of the toe of the boot and just rammed it home. I really got to thank my personal sponsors Team Janika Racing, Weathertech, and APR Tuning for supporting me. "
Pobst finished second to Altenburg in the opening two rounds before a frustrating weekend at Lime Rock, where he qualified 12th and finished 11th.
A driver on a roll is Sofronas. After finishing a career-best second at Lime Rock, Sofronas qualified his No. 29 Global Motorsports Group/Techmark BMW 325Ci second—equaling his best effort—with a fast time of 2:05.970 (97.166 mph).
Crash.net's British GP Blog: Saturday.
Rizla Suzuki manager Paul Denning confirms that there will be a third GSV-R in MotoGP soon - but it could arrive in 2009 rather than next year. Spain's racing legend Jorge Martinez Aspar, who has achieved success as both a rider and a team owner, would expand from his operations in the 125 and 250cc classes and run the team.
"2009 could be easier in terms of logistics, but it's not necessarily the case that it won't happen until then," Denning said. "We would like to work with Aspar and the Suzuki factory really want to do this."
The delay, if there is one, would be caused by Suzuki's desire not to divert attention from their factory team when riders John Hopkins and Chris Vermeulen are now pushing the Ducati-Yamaha-Honda big three. They also want to ensure that they can give Aspar the backing that a team owner of his stature deserves.
Hamilton bags second GP victory
LEWIS HAMILTON claimed his second victory in a row as McLaren scored a third straight one-two finish of the season at the United States Grand Prix.
The 22-year-old British rookie continued his dream start to life in Formula One in Indianapolis, following on from his maiden victory in Canada last Sunday with another pole position, another win and a seventh straight podium finish from the first seven races of his Grand Prix career. Hamilton opened a 10-point lead in the drivers' championship over McLaren team-mate Fernando Alonso, who was second. The Ferraris of Felipe Massa and Kimi Raikkonen were back in business after a terrible race in Canada, finishing third and fourth. Renault rookie Heikki Kovalainen was once again in the points in fifth..
Tackling some common misconceptions about video poker last week has me in a myth-busting mood. Let's take on a few myths from a table games player perspective.
MYTH: The third baseman is a team player, and shouldn't take the dealer's bust card. A third baseman hitting 12 when the dealer has a 2, for example, is hurting the entire table.
FACT: A player hitting in that situation helps the rest of the table as often as he hurts it. Anyway, it's the best play for his hand. Hitting 12 against 2 is what he SHOULD do.
Wouldn't it be nice if we knew whether or not the next card in the deck would make the dealer's hand go bust? Problem is, we don't know what the dealer has face down, and we don't know what the next card is. Sitting at third base, I've drawn a 9 to my 12 for a 21, had the dealer turn up a 10-value card, then draw another 10 to bust.
Shoppers sleep on floor for Euro PS 3 launch
Yahoo: Computer games fans slept on the floor of a London store on Thursday to be among the first in Europe to buy Sony's PlayStation 3 console, despite concerns over its price.
A small group of shoppers snatched a few hours' rest in sleeping bags at the Virgin Megastore and enjoyed a sneak preview of a motor racing game before the machine goes on sale at midnight.
But there was little sign of the frenzy that surrounded its launch in the United States and Japan last year when thousands queued or camped outside stores.
Only a handful of gamers were queuing at major London stores early on Thursday. (…)
PlayStation 3 Sony .
Multimedia Games to Present at JPMorgan Gaming, Lodging ...
AUSTIN, Texas--(BUSINESS WIRE)--Multimedia Games, Inc. (Nasdaq: MGAM) announced today that its President and Chief Executive Officer, Clifton E. Lind, will participate in an audio webcast in conjunction with the Company's presentation at the JPMorgan Gaming, Lodging & Restaurant Conference to be held at Caesars Palace in Las Vegas, NV on Thursday, March 22, 2007 at 1:45 p.m. PT.
Please visit www.events.jpmorgan.com to access the presentation and allow 15 minutes to register and to download and install any necessary software. The audio webcast will also be accessible at www.multimediagames.com in the "Investor Relations" section; an archived replay of the webcast will be available for 90 days at www.events.jpmorgan.com.
About the Company
Multimedia Games is a leading developer and supplier of comprehensive systems, content, electronic games and player terminals for the Native American gaming market, as well as for the casino, charity and international bingo, video lottery, and sweepstakes markets.
Motion-sensing comes to mobile phones
Mobility site: The same technology used in Nintendo's popular Wii video game console that lets you bowl strikes and hit tennis volleys like you're Venus Williams is also making its way into mobile handsets. Responding to a flick of the wrist or sweep of the arm, tiny sensors called accelerometers, which measure linear acceleration in the Wiimote game controller, translate motion into action on the screen.
When the technology is added to a cell phone, the handset's utility changes in several intriguing ways. It can, for example, function as a motion-sensing mouse that lets you browse the mobile Internet by tilting the device left, right, up or down. It even can allow you to monitor a fitness workout by measuring the number of steps you take, your speed and the calories burned. Nintendo Wii .
UAE: Ipic allocates $10b for global investments
(MENAFN) The Managing Director at Abu Dhabi-based International Petroleum Investment Company (Ipic) said that the company has agreed to raise its investments to $10 billion in the oil and gas industry worldwide, Gulf News reported.
The managing director clarified that the new rise is in lien with Ipic's plans for regional and international acquisitions of oil companies, in addition to investing in new areas such as liquefied natural gas (LNG).
The company has several ongoing projects such as the Khalifa Point refinery in Pakistan, extending the Abu Dhabi-Habshan-Fujairah pipeline, which is a $1 billion construction project and a $1.36 billion extension of Borouge (Abu Dhabi Polymers).
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Federal Jury Convicts A Kansas City Man For Committing $1.5 ...
Kansas City, MO (AHN) - A federal jury handed down a guilty verdict to a man for a series of fraudulent schemes that took $1.5 million from savings accounts Wednesday.
Jason E. Branch, Sr., 42, of Grandview, was found guilty of conspiracy to commit mail fraud and wire fraud, along with additional counts of mail fraud and money laundering.
Following the presentation of evidence, the jury in U.S. District Court in Kansas City deliberated three hours before returning the guilty verdict to U.S. District Judge Gary A. Fenner, ending a trial that began April 30, 2007.
From Jan. 1, 2003 to March 30, 2005, Branch convinced many of his victims to withdraw money from their retirement plans and savings accounts in order to invest in one of Branch's fraudulent schemes.
No need to rush into stock market
Would-be stock investors who see a buying opportunity amid the prevailing gloom and doom on the local political front could be disappointed, some analysts say.
Risk remains high and a wait-and-see approach to stocks is the most prudent course, says Adipong Puttarawigorm, the chief investment strategist at SCB Securities.
His view is that things will get worse before they get better so there's no rush to jump into the Stock Exchange of Thailand yet, he said at Money Expo 2007, which concluded yesterday.
''If it's not necessary, investors should avoid investing in stocks until the situation becomes much worse and everyone is desperate _ then there will be a buying opportunity. Right now, everything is so unclear and the temperature is rising,'' Mr Adipong said.
Beyond Brokerage Getting Some Help With the AMT
TAX TIME IS ALL over but the pouting. But for many members of the so-called mass affluent investing bracket, the April 17 deadline raised the specter of the alternative minimum tax, the formula that increasingly is an unwelcome fact of life in millions of moderately wealthy households.
It's unwelcome because it cuts out many of the itemized deductions that ease the pain of being in the top federal income tax bracket of 35%. While it's a complex formula, the most obvious difference in the way the AMT is calculated is that it eliminates the federal deduction for state and local income taxes, boosting one's overall tax liability. Since the feds require people to pay the highest calculated tax rate, and the numbers used to determine who's liable for the AMT haven't been changed in the 37 years since it was passed, it's easy to see why it's loathed by many.
No basis in latest oil price hike 鈥?IBON
The latest oil price increase was baseless as oil companies still owe the public P1.39 per liter in January and another P1.28 per liter in 2006. Militant think tank IBON Foundation said between December 2006 and January 2007, the foreign exchange rate improved from P49.43 per US dollar to P48.91 while the price of Dubai crude fell from $56.68 per barrel to $51.69. "These adjustments should have translated to a pump price reduction of P1.89 per liter but the oil firms lowered prices by only 50 centavos per liter in January this year for an overpricing of P1.39," it said. Also, it said that in 2006, oil companies were supposed to hike the pump price by only 34 centavos per liter based on the monthly movement of Dubai crude and forex but actual adjustments at gasoline stations hiked the price by P1.62 for an overpricing of P1.28.
Small cap share tips: SovGem and Choices
The share price discount to assets might reflect investor concerns about the risks of investing in China as well as early stage businesses generally. However, given management's track record of NAV accretion and de Lusignan's palpable enthusiasm for an array of investments within the portfolio, that discount should soon narrow.
Share price - 22.5p
Market cap - 5.1m
Recommendation - Buy
GROWTH COMPANY INVESTOR OFFER: Subscribe to Growth Company Investor for immediate access to many more small-cap recommendations. Click here.
Time to chuck out Choices
Less than a month after retailer Choices UK boasted ongoing restructuring had boosted interim sales, a worrying update has informed its financial performance for the year to July will be 'substantially below market expectations'.
Macquarie Goodman NZ boosts year result
Macquarie Goodman Property Trust in New Zealand has posted an 87 per cent rise in annual net profit, partly reflecting the rising value of its properties.
After-tax profit for the commercial property investor rose to $NZ117.8 million ($A104.56 million) for the year ended March, including revaluations totalling $NZ65.9 million ($A58.49 million).
During the period, the company bought $NZ190 million ($A168.65 million) worth of properties and sold $NZ82 million ($A72.79 million).
"A clear strategy and a proven business model have contributed to a strong portfolio performance and an impressive operating result in 2007," chairman Jim McLay said.
"With an increased development capability this same strategy will ensure the Trust is well positioned to take advantage of a changing property and investment environment over the coming years."
Development land made up 7.6 per cent of assets.
Australian Mining Stocks Advance, Led by BHP, Rio: Banks Drop
April 23 (Bloomberg) -- Australian mining stocks rose, led by BHP Billiton Ltd. and Rio Tinto Group, as metals prices increased.
``It's metals price related,'' said Eric Betts, a strategist at Nomura Australia Ltd. in Sydney. ``There's confidence that the commodity story is intact and China's growth is still on track.''
St George Bank Ltd. led banks lower on concern last week's gains outstripped their earnings potential.
Lihir Gold Ltd. declined after it sold A$972 million ($813 million) shares at a discount.
The S&P/ASX 200 Index added 1.7 points to 6209.20 at the close in Sydney. About 10 stocks rose for every eight that fell.
New Zealand's NZX 50 Index increased 0.5 percent to 4201.64 at the close in Wellington.
UK 'less risky' for property investment
In news which may be of interest to first time home buyers looking to invest, the UK is a more stable place to spend than some overseas locations, an expert has claimed.According to Andy Smith, managing director of 1st Property Investment, the UK property market enjoys the protection of a "robust" legal system and greater transparency, which may be attractive to first time home buyers looking to invest for the first time.Indeed, according to Mr Smith, those investing in countries such as Spain may find themselves in a situation where despite taking precautions, they do not own the land their property has been built upon."I think a lot of English people run off to places like Spain and Italy to make their fortune, and Bulgaria, without looking at the facts, and they tend to get stung quite regularly," said Mr Smith."We have one of the [oldest] and [most] robust legal systems in the world," he added.Based in the UK, 1st Property Investment has provided investment assistance to more than 2,500 clients.To find out how to get onto the property ladder by buying to let in a different location click here.
DMO Launches Free Blogging Community
DMO (Digital Media Online) has officially launched the Blog Zone blog portal, the latest member of the DMO (Digital Media Net) portfolio of publications serving the digital media content creation market. With the Blog Zone (BZ), DMO now offers five distinct portal communities, including DigitalMediaNet.com (DMN), BroadcastNewsroom.com (BN), ConsumerElectronicsNet.com (CEN), and ITBusinessNet.com (IBN).
The Blog Zone (http://Blogs.DigitalMediaOnlineInc.com) offers multiple levels and types of free blogs for users and readers alike.
One Blog Zone area consists of our Star Blogger community. These are blogs run by industry leading technologists and writers who focus on a variety of topics, ranging from media production to visual Click for the lowest price on dmnobieblankeffects');" onMouseOut="hideAd();" class=Hotlink>effects to consumer electronics and information technology.
Rising yuan marks key milestone
BEIJING, May 9 -- The central parity rate of the renminbi broke the 7.70 barrier against the U.S. dollar Tuesday as the U.S. Congress on Wednesday starts a hearing on China's alleged exchange rate manipulation.
The mid-point rate stood at 7.6951 yuan to one greenback Tuesday, the first trading day after the week-long May Day holiday, according to the Chinese Foreign Exchange Trading System.
It was a gain of 104 basis points from the reference rate of 7.7055 on the last trading day before the holiday and the highest since it was de-pegged from the U.S. dollar in July 2005.
The yuan hit a new high for the 27th time this year.
Although it breached the psychological barrier of 7.70, it only shows that the currency is strengthening vis a vis the US dollar and does not have any special significance, said Yan Qifa, an economist with the Export-Import Bank of China.
Euro reverts to 2002 level pressured by foreign speculators
The euro fell to its lowest level in Bucharest yesterday since December 2002, after both local and foreign stock market players placed aggressive "buy" orders for RON on the stock market.
The NBR calculated an exchange rate of 3.3477 RON at one euro, the lowest published since the beginning of December 2002. The euro has fallen by more than 1.3% at the official exchange rate in March alone.
Rates decreased even further on the forex market, with the euro reaching a low not seen in four years of 3.3270/3.3320 RON, almost 0.8% below the level at which it had started the day. .
Source: PORTAL Insurance Agency, Inc.
WALNUT CREEK, Calif., May 3, 2007 (PRIME NEWSWIRE) -- Personnel Insurance Services Inc., a benefits administrator and insurance agency serving the needs of the non profit community announces it is changing its name to PORTAL Insurance Agency, Inc. The new name reflects PORTAL Insurance Agency's expansion of services for its clients and trust affiliates beyond their highly regarded outsourced benefits administration program. The company remains the administrator for the United Group Insurance Trust.
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eResearch Issues Initiating Report on Aldershot Resources Ltd.
TORONTO, ONTARIO--(CCNMatthews - May 14, 2007) - eResearch analysts, Michael Wood, B.A. (Sc.) (Mining Engineering) and Bob Weir, B.Sc., B.Comm., CFA, have written an Initiating Report on Aldershot Resources Ltd. (TSX-V:ALZ - $0.38). Aldershot Resources is a junior Canadian-based uranium exploration company with prospective projects in Canada, Australia, and Zambia, and a base metals project in Chile. The Company is actively drilling on several properties.
The report's Highlights state the following:
- Good land positions in large uranium camps
- Historic resources on key properties soon to be upgraded to NI 43-101 status
- Currently well-financed to conduct 2007 planned exploration activities
- Bullish outlook for the uranium industry
- Granting and timing of permitting issues often uncertain
- Risk that investor enthusiasm for uranium stocks could lead to over-valuations
- Shares are rated a Speculative Buy with a 12-months Target Price of $0.70 per share
eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies.
Couple accused of Dow Jones insider trading
NEW YORK 鈥?U.S. regulators accused Tuesday a husband and wife in Hong Kong of insider trading stemming from their purchases of Dow Jones & Co. Inc. shares prior to News Corp.'s $5 billion (U.S.) takeover bid.
The U.S. Securities and Exchange Commission said Kan King Wong and Charlotte Ka On Wong Leung "engaged in widespread and unlawful trading activity" that put them in a position to make an estimated $8.1 million profit on Dow Jones shares.
The SEC and the New York state attorney general have been investigating unusual trading in Dow Jones' stock and options before the buyout offer was announced on May 1.
A civil complaint filed by the SEC in Manhattan federal court said the Hong Kong couple bought 415,000 shares of Dow Jones from April 13 to April 30 "while in possession of material, nonpublic information" regarding the impending News Corp.
Stealth Forex Systems Heralds the Release of Version 9i of Its ...
Currency trading system developers Stealth Forex Systems www.stealthforex.com have implemented the latest version changes to their much acclaimed forex trading system. Version 9i became available on all downloads from March 1, 2007.
(PRWEB) March 15, 2007 -- Currency trading system developers Stealth Forex Systems www.stealthforex.com have implemented the latest version changes to their much acclaimed forex trading system. Version 9i became available on all downloads from March 1, 2007.
The main differences with the latest version are in the set-up.
Previous versions required the user to have at least some basic PC skills. When using version 9i, the set-up instructions arelaid out in pictorial steps which are extremely easy to follow, making set-up for the user virtually foolproof.
du Receives 4400 Applications From Young Emirates At Careers ...
According to figures released by du, the new telecommunications operator in the UAE, a record 4,400 applications were received from visitors to the du stand over three days, at the recently conducted 7th Annual Careers UAE 2007.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, along with His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Industry, and His Excellency Mohamed Al Gergawi, Minister for Cabinet Affairs, visited the du stand.
Fahad Al Hassawi, Executive Vice President, Human Resources, du, said: Our participation in Careers UAE 2007 has brought us closer to our goal of increasing the number of nationals in our workforce."
Our participation provides us with new insights which will assist us in constantly updating our Emiratization programme, as we remain committed to supporting His Highness Sheikh Mohammed’s vision of providing attractive opportunities for Emirati jobseekers, he added.
New or used? Peace of mind is a crucial factor
It's hard to remember when there was a better time to consider a used car instead of a new one.
The record number of new cars and trucks sold in recent years -- fueled largely by extremely attractive rebates and low- or no-interest financing -- has created an overabundance of used cars. That gives the used-car shopper a lot of choice.
The flooded market also means depressed prices on used cars -- bad news for new-car buyers trading in their old models, but good news for bargain-hunting used-car shoppers.
Furthermore, an increasing number of certified pre-owned car plans have cropped to provide consumers with peace of mind when it comes to buying a used car.
In the end, the decision to buy new or to buy used boils down to what you can afford and what will give you peace of mind.
Proof of insurance should be shown
For a person to receive a disability tag for his car, he has to go to the license bureau and show proof from his doctor in the form of a special piece of paper that says he is disabled, shows the doctor's name, how he is disabled and how long he will be disabled.
This I understand. But what I don't understand is that people can walk in and get their license renewed and they are not asked to show proof that they have auto insurance. People should not be behind the wheel if they don't have auto insurance. This is not right for people who are paying for their insurance.
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Making mandatory insurance mandatory
THE ISSUE: The state's auto liability insurance law has a loophole that allows people to drive without insurance and get away with it.
Since Alabama's mandatory auto liability insurance law went into effect a few years ago, the number of uninsured drivers in the state has stayed about the same. There's something wrong with a "mandatory" system that allows so many uninsured drivers.
About one in four Alabama drivers is driving without the required insurance. Some of these men and women are simply too cheap, but every driver who refuses to buy insurance is irresponsible and shouldn't be allowed behind the wheel of a vehicle. Driving without insurance isn't only dangerous and careless for the driver and his passengers; it's also dangerous to others on the roadways who are protecting themselves with insurance.
Community news roundup for Palm Beach County
Kolter Communities' effort to turn the Boca Raton Executive Golf Course into a residential development has hit a roadblock, with some angry neighbors promising to stop the project.
A lawyer for the developers has asked the city for help. Mitchell Kirschner wrote the City Council and City Manager Leif Ahnell asking them to clarify the city's position on buying the property and turning it into a park.
"Certainly, it is the prerogative of those few residents to have their own opinions; however, it should not be their prerogative to have their own facts," Kirschner wrote.
The council asked Ahnell to let the neighbors know that the city has no plans to buy the golf course.
West Boynton
Safety fest for children
begins at 10 this morning
The sixth annual free Kids' Safety Fest is happening from 10 a.m.
Health care: A universal need with a universal answer
The Register stands on the correct side of health-care reform in its March 5 editorial dismissing individual mandates and continuing to embrace national single-payer health insurance ("Mandating Private Health Insurance is Misguided"). Growing numbers of Iowans and Americans get it. A recent CBS/New York Times poll found 64 percent agreed government should guarantee insurance to all and 60 percent said they were willing to pay more taxes if necessary.
But what to make of the related March 5 op-ed in which state Sen. Jack Hatch cheerleads for Mitt Romney's mandated health-care hoax ("Should Iowa Require All Residents To Have Health Insurance? It's Like Mandating Auto Insurance")?
To avoid penalizing workers, small employers and further fragmenting the insurance pool, any mandate would necessitate massive public subsidy and oversight, a health-insurance boondoggle.
Forget Ducks vs. Winthrop; it's really about Nike vs. New Balance
If it weren't for the physical exertion involved, we'd clearly see basketball is as vain as modeling. It's all about style, baby, from headband to sneaker.
Rebecca Romijn has nothing on LeBron James.
So before you compare the X's of Oregon with the O's of Winthrop, check out their shoes first. They present a squeaky juxtaposition.
Today, we give you Team Nike versus Team New Balance.
It best explains the prince/pauper, rags/riches, gluttonous/ravenous delight of this game.
Oregon is Nike's pet school, the alma mater of Nike founder Phil Knight. It's the school that America's richest shoe company assists with marketing and uses as a guinea pig for cool new products. It's the school that Knight gave $40 million for football-stadium renovations.
New York Supreme Court Upholds Recognition of Out-of-State ...
NEW YORK, March 14, 2007 (LifeSiteNews.com) - The New York Supreme Court ruled yesterday to uphold a county officials recognition of same-sex marriages performed out of state. Westchester County Executive Andrew Spano announced in June of last year that same-sex couples would be granted legal privileges previously reserved for heterosexual marriage partners. Supreme Court Justice Joan Lefkowitz said Spanos executive order to recognize homosexual marriages did not violate the state Constitution and did not conflict with the states high court ruling last year that banned gay marriages from taking place in the state. It is clear that there has been change in this state concerning the rights of same-sex persons, Justice Lefkowitz said, referring to recent court rulings granting homosexual couples adoption and inheritance rights, The Journal News reported March 13.
Good casting is true present in entertaining `Ultimate Gift'
If you ever wonder why we still call them ``movie stars,'' look no further than The Ultimate Gift. It's a parable, a slight movie about a poor rich boy who has to learn the meaning of work, thrift, selflessness and faith from his richer-and-deader-than-Midas grandfather. Casting the right dead grandfather and ``names'' in some supporting roles never paid off better.
This latest and most entertaining offering from Fox Faith, the religious-themed arm of 20th Century Fox, has James Garner as the charming old man whom his greedy, mean-spirited relatives watch on video as he tells them what he's willed to them.
Bill Cobbs (Night at the Museum) is the crotchety old attorney presiding over this will reading. Lee Meriwether (Barnaby Jones) is his longtime assistant.
And after grandpa's dispensed with his other heirs, he gets around to announcing a series of tests for his estranged, spendthrift grandson, Jason (Drew Fuller), all leading up to The Ultimate Gift.
Fleming nominated to replace Poulin; speeder hits 100 with ...
Lt. Patrick Fleming of Fairfield has been nominated to become the 17th chief of the Maine State Police. Gov. Baldacci has forwarded the nomination to the Legislature. Fleming, a 23-year Maine State Police veteran, is in charge of the Liquor Licensing, Gaming and Weapons and the Executive Protection Unit. He has overseen that division since 2004. "Lt. Fleming has the highest level of personal and professional integrity and has always conducted himself with fairness and compassion, which are core principles of the State Police," said Baldacci. Fleming joined the department in 1984 and patrolled in Troop C (Skowhegan) for nine years. He was named detective in 1993 and assigned to Executive Protection guarding Gov. McKernan. Fleming remained in that unit during the entire eight years of the King administration and two years of Gov.
More Memories Of Northgate Mall
I enjoyed reading John Shearer's article concerning the history of Northgate Mall. I want to add my list of stores that were not mentioned.
The Leader was the place to shop during the "preppy" heydays of the mid to late 1980's. The Leader, owned by Herb and Ival Goldstein, also had locations downtown, Brainerd Village, and Belle Meade in Nashville. At Northgate, it was located toward Sears in the old G.C. Murphy location. The last location of The Leader was at Hamilton Place, downstairs close to Sears. The Leader closed all locations by 1988.
Craft Castle was located in the exterior of the mall, close to where Applebee's is today. Craft Castle was a predecessor of Michael's and Hobby Lobby. It was a small store, probably about the size of one department of the big box craft shops.
Power couple manages jobs, kids
Fifty years ago, the typical family consisted of a full-time working dad and a stay-at-home mom. Today, less than 3 percent of the population fits that mold.
June Cleaver was the great American mom. She cooked, cleaned and cared for her family. Now, fast forward fifty years. The challenge of balancing family life and successful careers in a 24-7 world can be difficult, but one couple is making it work. With three kids, two jobs and a home in the suburbs, Alison and Craig Lumbatis are a power couple with their hands full.
Can old rockers share the wealth?
To some, heritage rock acts like Rod Stewart, Paul McCartney and the Rolling Stones are the saviors of the touring industry. They are the cornerstones of the live-music economy because of their appeal to the mammoth and powerful boomer population, lazy record executives and radio programmers out for the easy sell. These acts pack arenas consistently with above-average ticket prices, and they annually top the year- end grosses as the most successful and powerful artists to hit the road.
But others see these rockers as part of a greater problem, one that threatens the very foundation of rock 'n' roll. If you're shelling out $29.50-$95 .
National Basketball Association
The Magic are now tied with Indiana for the eighth and final Eastern Conference playoff spot. The Magic now hit the road for a quick two-game swing against Miami and Toronto, two teams above them in the conference standings. Trevor Ariza scored 17 points, J.J. Redick 12, and Dwight Howard added 12 boards for the Magic, who are 20-14 at home this season. Forward Darko Milicic (strained lower back) returned to notch 10 points.
Final Score: Indiana 113, Atlanta 90 Indianapolis, IN (Basketball News) - Troy Murphy scored 22 points, one short of a career high, and the Indiana Pacers ended an 11-game losing skid with a 113-90 rout of the Atlanta Hawks. Mike Dunleavy scored 21 points for the Pacers, who pulled back into a tie with the Orlando Magic for the eighth and final playoff spot in the Eastern Conference.
World Fuel Services Stock Tumbles On Q1 Results - Stock To Watch
(RTTNews) - Thursday evening, World Fuel Services Corp. (INT | charts | news | PowerRating) announced first quarter EPS of $0.51, down from $0.52 in the prior year quarter. Analysts expected EPS of $0.61.
Quarterly revenues rose to $2.70 billion from $2.53 billion in the previous year quarter.
INT finished Thursday's regular trading session at $46.58, down $0.34 or 0.72%. In after-hours, the stock further plunged $5.08 or 10.91% and traded at $41.50.
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P.S. INT has received a PowerRating of 5. TradingMarkets PowerRatings are a proprietary stock rating method which ranks stocks on a scale of 1-10. The higher the rating, the greater the one week historical gain has been for stocks with that rating. PowerRatings is an easy-to-use system that assigns a rating based on the relative strength or weakness of particular stocks.
Nike unveils fitted uniforms for four schools
Players from four elite basketball universities will be hitting the court this week with distinctly different Nike uniforms that showcase player's upper bodies but show a little less leg.
Nike unveiled the new line of basketball uniforms Tuesday. They are being introduced for the University of Florida, Ohio State University, University of Arizona and Syracuse University. The shoe and apparel giant plans to start introducing personalized uniforms to all its NCAA-Nike partner schools beginning next fall.
The new look is decidedly different. The jerseys are tighter and the shorts are longer and baggier. And players have an option of "personalizing" their look with aerodynamic underlayer tops and leggings.
Nike says the look creates a "dramatic new silhouette" and responds to player requests.
Eddie Griffin, You're An Idiot
The Enzo Ferrari is a car that explains itself with it's price tag. Sold at over $1.5 million, there were only 400 produced in 2003 and you had to be approved by Ferrari to own one. And yesterday, Eddie Griffin proved that celebrity drivers should be approved by Ferrari as well. As the video shows, Griffin was practicing for a charity event at Irwindale Speedway in Daniel Sadek's Enzo Ferrari. Sadek, who would later refer to the Ferrari as his "dream car", is the executive producer of the new movie Redline. He brought several of his own personal cars out for the race, and unfortunately gave Eddie Griffin the keys.Girffin slammed the car into a barricade and completely destroyed it. Enzo Ferrari's just simply don't head to the repair shop. The car is done for.But the good news is Griffin is OK.
State Farm(R) Now Accepting Applications for Associate Youth ...
BLOOMINGTON, Ill., March 6 /PRNewswire/ -- State Farm announces that Associate Board Member positions are available on its Youth Advisory Board.
The State Farm Youth Advisory Board is comprised of 30 young adults ages 17-20 from communities across the country and Canada with three at-large members representing State Farm's national service-learning partners. The Board's mission is to create and oversee a signature service-learning initiative to address pressing issues that have a direct impact on communities. The Youth Board is responsible for identifying these issues, overseeing the site selections and grant making process, providing technical assistance to the site grantees, and assisting with communications and outreach.
Students selected to serve on the Board will serve as an Associate member in 2007, with the option to serve as a Board member in 2008.
Retiring detective's advice for community: 'Raise your kids'
Doyle Burke was a street cop fresh out of the Dayton police academy in 1978 and working the midnight shift when he first saw homicide detectives in action.
"We had a lot of homicides on the midnight shift — still do. The uniform officers would get little or no cooperation (from witnesses). But as soon as the homicide guys came in, they took charge and nobody challenged them. If somebody refused to talk, they'd say, 'OK, he's the first guy to go in for questioning.' I thought, 'OK, that's me. I want to be there.'?"
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Homebuyers turning to a mortgage consultant for advice expect to be recommended a loan that suits them - not one that benefits the adviser or the firm. But the emails sent to mortgage advisers of estate agent Your Move suggest this may not have always been the case.
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Karan Replogle, DDS (dentist); licensee same, 521 N. 11st St., Richmond 23219. Maria Fernandez, DDS (dentist); licensee same, 521 N. 11st St., Richmond 23219. Totty Studio (retail merchant); licensee Patricia Sauer, 15 Roslyn Road, Richmond 23226. Home Inspirations LLC (interior designer); licensee same, 212 Banbury Road, Richmond 23221. Yeren Outdoor Adventure LLC (retail merchant); licensee same, 1912 E. Main St., Richmond 23223. Setliff & Holland PC (attorney); licensee same, 500 Libbie Ave., Richmond 23226. Glappy World (retail merchant); licensee Glappy World LLC, 2910 Floyd Ave., Richmond 23221. Key Signatures LLC (professional service/retail merchant); licensee same, 5705 Grove Ave., Richmond 23226. Image Enhancement Center LLC (beauty parlor); licensee same, 1 E. Broad St., Richmond 23219.
Used Police Car For Sale? Tips and Tricks for Buying Used Cars
(ARA)Buying a used police car for sale can be a tricky experience. Make sure you follow the steps outlined below before purchasing any used vehicle. And make sure that you print out a copy of our used car checklist to take with you when you inspect the used police car for sale. Steps to Buying a Used Police Car for Sale (ARA) - Industry statistics show that almost three times as many people buy used cars as buy new. To help consumers make informed decisions in the process, the experts at CarMax, America's leading used car retailer, have put together a basic list of the things to check when buying a used car. 1. Check the vehicle's safety features. Consider a vehicle with air bags and anti-lock brakes. Not only will they make a car safer, but insurance companies sometimes give discounts on their rates for cars with these features.
Fortune's Alex Taylor III sat down with Bangle after the Geneva show to find out what the future of the automobile will look like.
How will environmental concerns influence the car designs of the future?
At the most fundamental level, sustainability is just a new problem to solve. I've lived under this before, whether it was the need to strengthen bumpers in the 70s, or improve aerodynamics in the '80s, or deal with pedestrian safety regulations today.
For the most part, sustainability will be solved in ways that don't show up in the car design itself. It will be subtle under-the-skin differences in engines, and drivetrains, and technology.
But if we believe that cars reflect their owner's personalities, then what we are seeing here is a shift in the value system for customers where they want to reflect these responsibilities.
Were they the cat's meow? Auditioners for Renaissance production hope it was purr-fect
MANSFIELD -- Casting for "Cats" started Sunday with a parade of wannabe felines singing and dancing on the Renaissance Theatre stage.
Mariah Cheyney, a speech and hearing major at The Ohio State University, drove up for the first of two days of auditions for the Andrew Lloyd Webber musical to be staged this summer. The 19-year-old, who had spotted the casting call online, prepared "I Move On" from Chicago for her audition. She was stretching in the back of the theater as other teenagers, pint-sized girls and middle-aged moms came in for their moments behind the microphone.
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Scene Genesis Names Insurance Software Executive Kuebler to Board ...
ROCHESTER, NY -- (MARKET WIRE) -- 03/13/07 -- Scene Genesis, Inc., a leader in connectivity and workflow solutions for the property-casualty insurance industry, elected Bill Kuebler to its board of directors.
The founder of two insurance software companies and a former executive at Aon and ChoicePoint, Kuebler brings more than 20 years of insurance software experience to the Scene Genesis board. He is currently chairman of Clear Data Strategies Inc. in Danbury, Conn.
"We're thrilled to have Bill's vast insurance and technology experience as a part of our company," said Scene Genesis CEO Ian Cunningham. "Bill's knowledge, insights and experience will help Scene Genesis tremendously as we enter a new growth phase in the company."
In 2000, he founded Insurance Decisions, a leader in rules-engine technology for the insurance industry, which was acquired by ChoicePoint in 2003.
Experts urge tilt to Inland jobs
Inland business, education and work force development officials say the goal of those preparing the region's youths for careers should be to steer them toward occupations that will be prominent here, rather than training them to commute to Southern California's coastal counties.
Mike Gallo, president of Kelly Space & Technology Inc., said that collaboration among the various interested sectors will see a trained-for-local-industries work force as one of the most immediate tangible benefits.
Gallo and other participants at a Riverside conference on work force and economic development Thursday said that businesses want to move to a location with a work force they can use already in place, rather than relocate and then train the existing work force to meet their needs.
Marina Pez Vela Contest Offers Boaters Transport to Costa Rica
QUEPOS, Costa Rica - Marina Pez Vela in Quepos, possibly one of the top billfish locations in the world, has announced a new contest for boaters.
The contest will entitle one lucky boat owner to free transport for his or her vessel to Marina Pez Vela. Entry forms are available online and will also be available at the Palm Beach Boat Show March 22-25. All entries must be submitted before April 2, when a winner will be drawn at the Marina Pez Vela offices.
The contest winner need not be present to claim his or her prize.
To fill out the online entry form, visit www.marinapezvela.com, click on "Our Team" and scroll down to "Contest."
Sea Tow Announces Launches of Insurance, Loan Programs
SOUTHOLD, N.Y. - Sea Tow Services International Inc., the world's largest and only international marine assistance company, recently announced the launch of Sea Insure, a comprehensive marine insurance program designed exclusively for Sea Tow members, as well as the Sea Loans marine financing program, also for members.
Antioch bank pairs loans with charities
ANTIOCH -- An employee-owned bank based in Antioch is offering a unique home equity loan that benefits the borrower and the community.
Dubbed "There's No Place Like Home," First National Bank-Employee Owned has launched the campaign to offer 10-year home equity loans one point below the prime rate. But more significantly, under the program, the bank will donate $1 for every dollar borrowed up to $100 per loan to one of two charities in the customer's name.
The charities are Soliders Angels, which helps soldiers who are away from home, and Open Arms Mother Teresa Home, which assists individuals and families that are experiencing extraordinary life situations. It also operates a food pantry in Antioch.
"We want to promote our home equity loans, but also to appeal to our customters to contribute to the community," said Karen Kubin, marketing representative.
S. Korea's overseas direct investment barely rises in Q1
SEOUL, April 27 (Yonhap) -- Overseas direct investment by South Korean companies and individuals barely rose in the first three months of the year from a year earlier as investments in retail, telecommunications and the mining industry fell, a government report showed Friday.
The nation's overseas investment was tallied at US$3.84 billion in the first quarter, up 0.4 percent from $3.83 billion a year earlier, according to the report by the Ministry of Finance and Economy.
The pace of year-on-year growth was slow due to lower investment in real estate, mining and telecommunications, the report showed. South Koreans invested relatively less in those industries this year after putting in lump-sum money in the same period last year.
South Korean investment in foreign real estate dropped 21.3 percent to $480 million, while that in telecommunications plunged 97.3 percent to $10 million.
TALLAHASSEE — The state's no-fault insurance system is being exploited, resulting in more fraud tips and crimes than investigators can handle, the former director of the state's Division of Insurance Fraud, told a House committee Thursday.
But if lawmakers do away with the system, set to expire in October, criminals will find another way to file false claims, said Eric Miller, who recently left his post with the fraud division and is now a state Deputy Chief Financial Officer.
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Advantage Floyd As Performance Cars Open Their Season
Holden hero Peter Floyd came out fighting with the fastest practice time when the Australian Performance Car Championship opened its 2007 season at Wakefield Park circuit, near Goulburn, today.
Floyd, the 2005 champion, topped the timesheets after two practice sessions in his Holden HSV GTS, his margin of 0.69 seconds to second place suggesting he has adapted sooner to the introduction of a new Pirelli control tyre.
Much of the field of production-based performance touring cars experienced the tyres for the first time only today and times are expected to tumble when drivers return to the track tomorrow for qualifying and then two races on Sunday at the Fujitsu V8 Supercar event.
Three Mitsubishi Lancer Evo 8 drivers, Mark King, Gary Young and Graham Alexander, came in behind Floyd.
How many of you recall your very first semester at MIT? I'm sure you can't forget it; you know, that one time long ago when you put minimal effort into your classes and ended up passing with that obscure letter P. Man, wasn't pass/no record great? My young self thought naively at the time, "This place isn't all that bad. MIT is a pretty darn fun place. People shouldn't be complaining so much. All this complaining just coalesces into a negative stereotype of this place." That is, to outsiders all we do is work and work. Yeah right … I laughed, and laughed some more when thinking about the truth. Then that fateful day came: second semester started.
Maybe I would be exaggerating just a little bit if I said reality came crashing down on me. I mean, I knew I would have to work when I made the decision to go to college.
A year after Plan B change, access still hit-or-miss
WASHINGTON - When the Food and Drug Administration allowed the so-called "morning-after pill" to be sold over the counter last year, reproductive rights advocates felt they'd cleared a major hurdle in eliminating delays that diminish the drug's effectiveness.
But nearly a year after the emergency contraceptive Plan B became easier to purchase, obtaining it without a prescription remains a hit-or-miss proposition for some women.
Inconsistent or confusing state laws and store policies, along with some pharmacists who won't dispense it for religious reasons, are complicating and sometimes blocking access to the drug.
FDA restrictions on how the drug is sold without a prescription are contributing to the problem, experts said. The agency requires Plan B to be stored behind the pharmacy counter rather than on store shelves, and buyers must be at least 18 years old and must prove it with government identification.
Gross Analysis - How to create an even bigger mess of the US Economy
When the most esteemed market strategists espouse questionable economic theories, they should not be able to do so without being exposed to critique. Recently, two revered men of finance, Bill Gross and John Rutledge, made some pretty extraordinary comments, remarks which haven't gotten the attention they deserve.
Let's Make Nothing!
Sacramento State's Budget Task Force released a report today detailing the university's $6.5 million budget deficit. The report explains the reasons the deficit has grown from $2 million in 2005-06. It also gives recommendations to help make future budget processes less confusing.
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Attorney General files suit against insurance companies
The four companies listed in the suit, American Heritage Life Insurance Company, Protective Life Insurance Company, Old United Life Insurance Company and Resource Life Insurance Company, have been accused of defrauding customers who purchased "credit insurance." The insurance was supposed to cover the purchaser for the duration of that person's auto loans. If the insured incurred disability or died during the loan period, the insurance would pay off the balance of the auto loan. The companies listed promised to return the unearned premiums if the consumer paid off their car loan early as required by the Texas Insurance Code.
The lawsuit seeks to refund money to approximately 27,000 Texas residents who purchased the insurance. If approved, the consumers affected would get back an average of $222 plus interest.
A scarcity of good-value used car imports and a fierce new car market have pushed second-hand imports for February down 15 per cent on the same period last year.
Figures issued by Land Transport New Zealand show that the monthly imports of used cars have dropped nearly 25 per cent since 2004, with last year's comparison the most stark.
Year-to-date used imports decreased by 3469 vehicles between 2006 and 2007, a bigger drop than the previous two years combined.
New cars continue to attract buyers as distributors sharpen their marketing.
New car imports for January and February were up 2.6 per cent on 2006 and 15 per cent on 2004. Motor Industry Association chief executive Perry Kerr said February sales of new cars had been the second-highest in a month since 1990.
Flirt Greeting Cards(TM) Introduces Flirt Keys: A Fun, Easy Way to ...
ATLANTA, March 20 /PRNewswire/ -- Flirt Greeting Cards(TM) have arrived with a variety of fun, Flirt Keys for you. Flirt Keys are 3-inch x 3-inch note-sized greeting cards with flirtatious messages imprinted inside each one. If you've ever had difficulty letting someone know that you'd like to meet them, or you want someone to know that you're thinking about them, let Flirt Greeting Cards(TM) help you count the ways. Each message has its own unique number, offering a one-of-a-kind flirt-by-number system. The days of the awkward, uncomfortable, search for the right words to approach someone with are over. Let your Flirt Key do the initial talking for you.
"You never know where you'll be when you see someone who catches your eye, and you want to find a way to say something to them, even if it's just a nice compliment.
Tennis ShoeNike Unveils The Official New Mens NCAA Basketball Uniforms
Players from four elite basketball universities will be hitting the court this week with distinctly different Nike uniforms that showcase their upper bodies - and a little less leg.
Nike unveiled the new line of basketball uniforms Tuesday. They are being introduced for the University of Florida, Ohio State University, University of Arizona and Syracuse University. The shoe and apparel giant plans to start introducing personalized uniforms to all its NCAA-Nike partner schools beginning next fall.
The new look is decidedly different. The jerseys are tighter and the shorts are longer and baggier. And players have an option of "personalizing" their look with aerodynamic underlayer tops and leggings.
Nike says the look creates a "dramatic new silhouette" and responds to player requests.basketball nike presented shoes
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Cheap Nike Shoes
USA : Accessories for coming spring!
Tennis Shoe With the advent of spring, new horizons of fashion arrives but once you buy an accessory it can be used and reused for a long time. Accessories are multifunctional, they can renew any outfit.
Here are some updates for the coming spring season.
This season shoe are prepared to make a fashion statement with lucite heels, cork-soled platforms, high-heeled pumps in yellow, red, polka dot, striped and animal prints. You can also wear flats with shorts, skinny pants or the new wide-legged slacks.
Patent leather jacket is back to add oomph to an outfit. You can wear them over a dress, jeans, capris.
Wide belts worn at the waist made of washed silks and patent leather can bring a 'get up and go' look in you.
Gone are the days when handbags had larded studs, embroidery and accents.
- 125 home equity loan
a safeguard for distressed homeowners, The Ohio Housing Finance Agency (OHFA) has pledged to provide refinancing for certain at-risk borrowers across their state.On April 2, 2007, the agency will officially unveil a refinancing program designed to help borrowers dealing with financial hardships such as job loss, divorce, or rising interest rates on adjustable-rate mortgages."We are aware of the detrimental effect of unaffordable monthly mortgage payments on the people of the State of Ohio," said Doug Garver, executive director. "The agency has worked diligently with our partners to develop a refinancing program that will address this issue. After helping over 100,000 families purchase their first residence, OHFA is determined to help other families continue to afford the place they call home."The agency says the program will offer 30-year fixed-rate loans and a 20-year fixed-rate second mortgage option at an amount up to four percent of the home's appraised value to assist with closing costs. D2C.
- Born Shoes Womens
Cashback is a sweet, melancholy comedy for rueful romantics that should have landed here to honour St. Valentine. But we'll happily take it in the name of St. Patrick.
This expanded feature-length version of the 2006 Oscar-nominated short film by hugely talented young British writer-director Sean Ellis deals with the unhappy consequences of being dumped by a girlfriend.
The question asked is, What is love, anyway? And while we're at it, What is beauty? As formulated by shoe-gazing art student Ben Willis (appealing Sean Biggerstaff, the Quidditch captain in the first two Harry Potter films), there is no easy answer.
Ben is in pain. One day he's thick as thieves with Suzy (Michelle Ryan). The next, she's ditched him for a bigger man on campus. Because he's a sensitive artist, he takes the news like a shaft to the heart. Buy-in-Home.
- Womens Athletic Shoes
Cashback is a sweet, melancholy comedy for rueful romantics that should have landed here to honour St. Valentine. But we'll happily take it in the name of St. Patrick.
This expanded feature-length version of the 2006 Oscar-nominated short film by hugely talented young British writer-director Sean Ellis deals with the unhappy consequences of being dumped by a girlfriend. 
The question asked is, What is love, anyway? And while we're at it, What is beauty? As formulated by shoe-gazing art student Ben Willis (appealing Sean Biggerstaff, the Quidditch captain in the first two Harry Potter films), there is no easy answer.
Ben is in pain. One day he's thick as thieves with Suzy (Michelle Ryan). The next, she's ditched him for a bigger man on campus. Because he's a sensitive artist, he takes the news like a shaft to the heart. Buy-in-Home.
TO MOST, AIR FORCE ONE MEANS the presidential jet. But for sneaker lovers from hip-hop artist Kanye West to aspiring musician Travis Johnson, a pair of Air Force Ones are a fashion must. "They're fresh," says Johnson, 25, of Long Island, N.Y. That kind of respect has made them the hottest selling athletic shoes behind Air Jordans, generating sales of about $500 million a year for sneaker king Nike.
AF1 turned 25 last month, and Nike celebrated by launching Air Force 25 and collaborating with MTV on a special highlighting the shoe's history. It's a sure bet ...
Swiss insurer Zurich Financial Services AG said Friday that an American subsidiary intends to buy Bristol West Holdings Inc. for around $712 million, helping to beef up the Swiss insurer's U.S. operations.
Bristol West, an auto insurer based in Davie, Fla., confirmed that it had agreed to be acquired by the Zurich Financial's wholly owned subsidiary Farmers Group Inc., which offers a range of insurance and other products. The cash offer to Bristol West shareholders works out to $22.50 a share.
As part of the transaction, Farmers will immediately sell the underlying insurance business to the Farmers Exchanges, which Farmers Group manages but doesn't own.
"Adding Bristol's auto insurance business to the Farmers platform is a great fit and contributes to increase our outreach,'' said Farmer Group Chief Executive Paul Hopkins.