15:56:56

14 great reasons to visit the 'Ring

If you pick the right day to visit Germany's Nurburgring, you'll see more hot new metal than you would at any motor show, and one Autocar reader has just proved that to be true.

Long time Autocar fan Peter Brown visited the Nordschleife last week and snapped no fewer than 14 top-secret development mules doing flat-out laps. You can see his pictures in our gallery.

Among the cars he caught are the Aston Martin DBS, Alfa Romeo 8C Competizione, Mercedes C63 AMG, Vauxhall Insignia, the new BMW X6 and the next 7-series, and Lexus's ISF.

Peter also caught a rare shot of Jaguar's supercharged XF, the XFR, with all four wheels off the ground, and a couple of less readily identifiable mules; one of them's likely to be a chassis mule for Audi's Q5, and the other a BMW M5 with interesting flared arches.

20:27:28

Big 3 Ponder Pawning Health Care On Unions

There's a silver lining in the Detroit automakers' financial distress. Things appear so bad that the companies and their main labor union might agree to something radical.

Right now, a growing burden of retiree health care costs is one of the biggest challenges facing Ford, General Motors, and a soon-to-be-independent Chrysler.

That liability one not shared by competitors like Toyota and Honda goes a long way toward explaining why German-based DaimlerChrysler views its Chrysler Group as a clunker to be sold no matter the price. And it explains why the private investment firm Cerberus had to offer so little this month to become the buyer.

In this climate, a once-unthinkable idea is being seriously discussed: In effect, spin the health care problem off to the labor union.

9:02:25

Kubica Visits Bridgestone Poznan Tyre Plant

Employees at Bridgestones Poznan production plant in Poland enjoyed a day with BMW Sauber F1 driver Robert Kubica, who took time away from the track to pay them a visit. Polands star driver, who is currently nursing a leg injury after a horror crash at the Canadian Grand Prix in Montreal, toured the factory and saw how tyres are made before choosing Polands winner of the Bridgestone dreams at heArt childrens drawing competition.

He turned a few heads on the way, chatting to staff on the production line and signing autographs for a lucky few of his enormous fan club in Poland. The Kubica visit was part of official celebrations for the completion of the final expansion phase at the Poznan plant, raising daily production capacity to 22,000 tyres. The increased output will help meet growing demand across Europe for Bridgestones high-performance passenger car tyres.

14:09:29

Auto stocks lose speed on slowdown worries

Auto stocks are in a bear grip on concerns of a slowdown in sales. The ET Auto index has lost 15% of its value since the beginning of March this year. The first two months of the current fiscal reveal not very encouraging numbers. While the growth in passenger cars has slowed down, commercial vehicle makers are reporting negative growth. Two-wheeler manufacturers — Hero Honda, Bajaj Auto and TVS Motor — are trying to cope up with declining sales in their 'bread & butter' 100cc motorcycles. And going forward prospects don't look too bright. Analysts and industry insiders believe there could be a further slowdown in auto sales. This may just spell bad news for auto investors. However, a closer look at auto numbers for April-May 2007 shows that the scenario is not as bleak as it appears to be at first glance.

15:59:17

Parts & Labor Go on Tour Again

It seems like Parts & Labor just left the road. But even though it's been less than two months since the end of their last tour, the trio released Mapmaker (via Jagjaguwar) in that time, so this new tour is just a friendly little reminder that the album's out and we should all probably buy it and email the band later and say, "Hey, thanks dudes, this record is pretty good." Or maybe they just like playing live. Either way, the tour begins tonight (June 22) in Brooklyn and covers several North American cities (though none on the West Coast, sorry hippies!) until it ends July 15 in Chapel Hill. [MORE...] .

22:25:32

North American Union Coming to Your Canadian Neighbourhood by 2010

Just as with the formation of the European Union and the objections of the people in those countries, the North American Union is forging ahead, building new toll highways in the U.S. which by 2010 which will bring goods from overseas to Mexico, then to be loaded into trucks and transported north. So secretive is the SPP planning for the North American Union that it is apparently hands-off for newspapers, and the politicians either no nothing about it or are told to be silent. Only Peter Julian of the NDP party has insisted on hearings in the House of Commons that took place in May. Dr. Jerome Corsi, a well-known American journalist and writer, has just published a book this week entitled: The Late Great USA- The Coming Merger with Mexico and Canada. So I guess well have to get our news from this book or others, and then report the news to the newspapers so they can warn Canadians that by 2010 we will be a country in name only.

17:44:05

Honda Racing F1 United States Grand Prix free practice report

Just five days after leaving Montreal, Formula One was back in action in Indianapolis today where the first free practice sessions were held in preparation for Sunday's race. Hot and sunny weather prevailed during the two 90-minute sessions at the end of which the Honda Racing F1 Team's Rubens Barrichello and Jenson Button held 9th and 10th positions respectively.The drivers achieved plenty of laps through the day as they tailored the set-up of the RA107 to suit the characteristics of the Indianapolis Motor Speedway. The set-up challenge here is all about finding the right compromise between the higher downforce essential to good grip in the infield and the lower drag required for the very long straight.RUBENS BARRICHELLO"We have completed a lot of hard work today but we were able to achieve a lot, particularly in the afternoon session.

14:21:44

The 85th annual Pikes Peak International Hill Climb

The 85th annual Pikes Peak International Hill Climb is something of an American institution in the same way that the Daytona and Indianapolis events are part of USA racing folklore. BMW Motorrad is returning to this years race which takes place on Saturday 21July with two missions: to win the event outright and to break the outright speed record for the climb up the famous hill. And in order to achieve this, BMW Motorrad Motorsport will be fielding a team of four American riders and will also be showcasing the new HP2 Megamoto machine in this historic and arduous race.

The Pikes Peak International Hill Climb is a long-standing tradition in Colorado Springs and the second oldest motorsport event in the United States. The hill climb itself started in 1916 and is run on a 12.4-mile course that begins at 9,197 feet and rises to 14,100 feet up a tight twisty Colorado Rockies mountain road with numerous tight hairpins.

21:43:36

Ace Combat 6 confirmed for Xbox 360

Only announced for North America so far where it's due to release later in the year, Ace Combat 6: Fires of Liberation - to give the game its full title - features Deathmatch, Team Deathmatch and Co-op online multiplayer modes to accompany its single-player action. Additional details released to date focus on Ace Combat 6's Dynamic Operation System - a fancy name for a feature allowing a maximum of six battles to ensue simultaneously on a single battleground - and the Allied Support System. Via this system, players can grab support from the likes of tanks, ships and other aircraft. You can check out the first screenshots from Ace Combat 6: Fires of Liberation on this here page. .

21:52:02

Classic Japanese Arcade Game Reborn on Windows Mobile Pocket PC

United Kingdom (PRWEB) February 26 2007 -- Europe's leading Direct To Consumer portal for Windows Mobile games, clickgamer.com , is exclusively promoting the worldwide release of one of the greatest Japanese arcade games on the Windows Mobile Pocket PC - XIIZeal. This release is a conversion of the Japanese arcade game XIIStag by Triangle Service Corp. XIIZeal is published and developed, in collaboration with the original developers, by Eurosoft-Games - game development division of Eurosoft International, Inc.who has secured the rights of the game for Microsoft's Windows Mobile platform. The game is currently available for all versions of Windows Mobile Pocket PCs.

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12:24:18

The whole world in their hands: Annual CAPE event celebrates its ...

MUSCATINE, Iowa 鈥?"A Whole New World" is awaiting Muscatine High School juniors and seniors following this year’s prom.Organizers of the 16th annual Carnival After Prom Extrava-ganza, set for Sunday morning, May 6, say this year’s party has an Arabian theme, and have titled it "A Whole New World" after the theme song from the Walt Disney movie, "Aladdin."But they will need the community’s help to make it real.

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10:49:48

Big day for PlayStation fans

AVID computer game fans stayed up until the early hours to pick up the hotly anticipated Playstation 3 console.

Keen gamers who had pre-ordered the 拢425 machine waited anxiously at computer shops including Gamestation, Great Bolton Street, Blackburn, to get their hands on it first.

At Gamestation they were allowed into the store at 11.30pm to get out from the cold but had to wait until midnight when the Sony-produced machine officially went on sale.

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RE/MAX promotes Abu Dhabi Projects through 120000 Real Estate ...

RE/MAX Silver Start Property Management Company, duly registered in the UAE Ministry of Economy, and the authorized local agent for RE/MAX International, announced it is seeking to open new horizons in the real estate industry in the emirate of Abu Dhabi. It is not only planning to attract local and foreign investors, but also to use its global network of 120,000 agents in 7000 real estate agencies and offices in over 68 countries, to market Abu Dhabi projects globally. The network will also identify attractive real estate opportunities worldwide for its clients within the UAE.

The company has signed contracts with real estate giants like Tameer, DAMAC, Hydra and High Rise, whereby it can sell or lease residential and commercial properties for these companies in Abu Dhabi, and to market such properties inside and outside the UAE, a company press release said lately.

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ING plans to add 130 jobs at DM offices

ING plans to hire 130 people in Des Moines to fill vacancies and staff a securities management business that it is moving here from California.

The Dutch-based insurance and financial services company is moving most of the brokerage operations of ING Advisors Network from El Segundo, Calif., to Des Moines. That will create 70 jobs at ING's downtown Des Moines headquarters.

Most of the management jobs will pay up to $65,000, and other jobs will pay $25,000 to $35,000.

Chris Welp, manager of the Des Moines operations of ING, said the company is focusing on the city because it has a work force available that is trained in insurance and financial services. ING also has in place in Des Moines technology that will be used to support the relocated California operations.

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Venture capitalists seek regional opportunities

The Ohio-Midwest Fund has invested $40 million in Ohio companies that has impacted 1,375 jobs in the state through venture capital investments.

However, none of that capital was invested in Toledo, but the Ohio-Midwest Fund is currently exploring opportunities in Toledo, said Mel Carter, in-state investment specialist for Credit Suisse's Customized Fund Investment Group, which manages the Ohio-Midwest Fund.

We want to bring this capital to Toledo and the university, said Steven Weathers, president and CEO of the Regional Growth Partnership.

The Ohio-Midwest Fund is the $51 million regional investment program of the Ohio Public Employees Retirement System. The fund is invested in eight private equity funds, all of which have strong ties to Ohio, but none directly to Toledo.

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P'ville board demands law firm name sources for report

PLEASANTVILLE 鈥?The Board of Education will pay a law firm for an internal investigation into insurance contracts, despite voting not to, the board president said Monday. But first, the firm must name its informants.

鈥淭hey will not be paid until those persons are identified," said President James Pressley, who is portrayed negatively in the report.

The board passed a resolution in March agreeing to pay DeCotiis, Fitzpatrick, Cole & Wisler no more than $50,000 for the investigation. An initial report dated April 4 alleged multiple violations of state law involving board members and district contractors. It also said two people claimed they were threatened with violence if they told investigators what they know.

But at the reorganization meeting April 24, the newly sworn in board opted not to pay the $28,704.10 bill.

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Red ink hits Pod's shares

Pod's shares have dropped 27.5 per cent, or 11c, to 29, after the firm announced it had fallen into the red.

The listed fashion and garment firm said yesterday it had incurred a $1.173 million interim net loss, after being stung by poor hedging positions. It reported a net trading profit of $507,000 in the same 2005 December half.

No interim dividend will be paid.

Pod's chairman and cornerstone investor, George Gould, said bottom line profitability would return in the June 2008 year.

Fashionable merino garments have recently been Pod's key focus, but the high kiwi dollar has hit export returns for those products, causing foreign exchange losses of $1.035m.

Gould said the strategy would now be to accelerate overseas merino-product manufacturing in Sri Lanka and China to remain competitive.

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Fidelity unveils systems for RIAs

Fidelity Investments, in cooperation with Oracle Corp. and Emerging Information Systems Inc., has created two web-based customer relationship management and financial planning systems for registered investment advisers, the Boston-based firm announced today.

Through a customized version of Oracles Siebel CRM On Demand, Fidelity offers advisers with automatic data management.

The new software will be integrated with Advisor CHANNEL, Fidelitys brokerage platform.

Client data within Advisor CHANNEL can now be imported into the CRM program, showing account valuations and contact information on one screen.

Fidelitys NaviPlan financial planning software, coming from EISIs NaviPlan Central program, also works with Advisor CHANNEL, allowing advisers access to Fidelitys brokerage account demographic.

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Medicare | Prices for 10 Top Brand-Name Drugs Under Private ...

Prices under Medicare prescription drug plans for 10 of the most prescribed brand-name medications have increased 6.8% since December 2006, while wholesale prices for the same drugs have increased 3%, according to a House Oversight and Government Reform Committee report, the Washington Post reports. Previously, Medicare actuaries had projected that drug prices would increase by 7% over the entire year.

According to the report, insurance companies that offer Medicare drug plans likely will negotiate rebates from pharmaceutical companies that amount to 4.6% of total drug costs this year, compared with 5.2% last year. Medicare actuaries previously had estimated insurers in 2007 would obtain rebates of 6%. According to the Post, a reduction in discounts from 6% to 4.6% over 10 years would result in about $17 billion in unanticipated prescription drugs costs for beneficiaries and taxpayers, with all of the additional money going to drug companies.

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IL Cochran Caronia

CHICAGO, April 20 /PRNewswire/ -- Cochran Caronia Waller recently issued a research report titled "Broker Deals: Potential Buyout Premiums". Our findings and investment conclusions are summarized below. The Insurance Broker segment should continue to see a high level of buyout activity. The main driver will likely be increased interest from the private equity community. To date, current shareholders have reaped huge gains (40% plus) from the recent buyouts (Hub and USI). The major question is can future buyouts provide similar levels of return to the shareholders? This report contains a simplified LBO analysis that demonstrates potential premiums from current share prices for all of the public insurance brokers and resulting returns for financial buyers. Our conclusion is that premiums are still possible, but at lower levels compared to the previous deals.

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Bear Stearns to Take Write-Off on Specialist Unit (Update4)

May 14 (Bloomberg) -- Bear Stearns Cos. slashed the value of its New York Stock Exchange specialist unit and will take a $225 million charge as the shift to automated trading eliminates the need for brokers on the floor of the Big Board.

Bear Stearns also bought the 40 percent of the Bear Wagner unit it didn't already own from Hunter Partners LLC to ``give us more flexibility in managing the business in this changing environment,'' Chief Executive Officer James Cayne said in a statement today. Terms of the transaction weren't disclosed.

The NYSE's new automated trading system has eliminated work for floor traders who now handle about 18 percent of the 1.6 billion shares traded daily on the Big Board, down from 86 percent at the start of 2006, according to the exchange's Web site.

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Sequenom Reports First Quarter 2007 Financial Results

SAN DIEGO--(BUSINESS WIRE)--May 7, 2007 - Sequenom, Inc. (NASDAQ: SQNM) today reported financial results for the three months ended March 31, 2007. Revenues for the first quarter of 2007 rose 43.1% to $9.9 million, compared with revenues of $6.9 million for the first quarter of 2006. The increase in revenues for the quarter was primarily due to an increase in the number of placements of MassARRAY(R) systems, related product sales and growth in the Contract Research Services group. The net loss for the first quarter of 2007 of $3.7 million, or $0.11 per share, was primarily unchanged from the same period last year of $3.7 million, or $0.28 per share.

Cost of product and service revenue for the first quarter of 2007 was $4.4 million, compared with $2.7 million for the first quarter of 2006, with the increase primarily associated with higher sales volumes.

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MPS Group Announces First Quarter 2007 Results

JACKSONVILLE, Fla., April 26 /PRNewswire-FirstCall/ -- MPS Group, Inc. , a leading provider of specialty staffing, consulting, and business solutions, today announced financial results for the first quarter ended March 31, 2007. Revenue was above the range of guidance previously provided by management, and diluted net income per common share was within the range of guidance previously provided by management.

First Quarter Summary * Revenue was $510 million, up 16% versus the first quarter of 2006; * Excluding the effect of foreign currency exchange rates and acquisitions, revenue increased 7% versus the first quarter of 2006; * Gross profit was $140 million, up 19% versus the first quarter of 2006; * Diluted net income per common share was $0.17, up 13% from the first quarter of 2006; and * The Company used $11 million during the first quarter to repurchase Company stock.

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Forex - Dollar mixed in rangebound trade Sydney morning

SYDNEY (XFN-ASIA) - The dollar was up against the yen but softer against the euro in rangebound trade here ahead of today's Bank of Japan interest rate decision and US housing market data for February due later tonight, dealers said.

At 10.17 am here (2317 GMT Monday), the dollar was at 117.55 yen, up from 117.50 in late New York trading, while the euro was at 1.3309 usd, up from 1.3295 in New York.

Dealers said currency pairs moved in fairly narrow ranges overnight due to a lack of key data, while renewed risk appetite encouraged the rebuilding of carry trade positions, which saw dollar/yen hit a high of 117.80.

NAB Capital strategists said expectations that the BoJ will issue a relatively dovish statement after its policy decision later today also helped underpin dollar/yen, with hedge funds, leverage-type accounts and Japanese importers seen as buyers of the greenback.

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Apollo a Recommended Buy - Broker

The online stock broking firm India Infoline has indicated that Apollo Tyres is a prudent share purchase, and has placed a recommended buy rating on the stock with a target of Rs 397 (4.74). India Infoline describes Apollo as the leading commercial vehicle tyre player in India and adds that the company is expanding at a rapid pace, both organically and inorganically. The brokerage firm expects Apollos topline and bottom line to grow by 14.3 per cent and 26.2 per cent respectively between the 2006 and 2009 financial years.

Apollo is expanding passenger car tyre capacity by 1,100,000 units and light commercial tyre capacity by 100,000 units by the end of the 2007 financial year, increasing total production to 410 tonnes per day. To add to the tyremakers sharemarket desirability, Apollo have also recently commenced production of its Dura Tyre range of retreads, scheduled for initial launch in northern India in May 2007.

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Stocking the Wild Rainbow

McKenzie River: About 7,000 adipose fin-clipped rainbow trout will be scattered by boat between Blue River and the head of Leaburg Lake.

Leaburg Lake: The still waters behind Leaburg Dam will be stocked with 3,000 hatchery trout.

Clear Lake: To be planted with 4,500 trout. Resort restaurant won't be open, but rowboat rental will be available.

Carmen Reservoir: To be stocked with 3,500 trout.

Blue River: Stream above the reservoir will get 1,500 trout. .

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Easy Uploads from Flickr to Stock Photo Library 123RF

Royalty-free stock photo library 123RF is bringing stock photography to another level with the introduction of its Flickr API (Application Programming Interface) integration. Flickr is an online photo management and sharing community that lets users store, organize, share and create personalized premiums to family and friends. Flickr members can now upload their personal portfolio for sale at 123RF.com. With this new feature, Flickr members have the opportunity to convert their images into royalty-free stock photos and earn instant cash. Instead of just having their personal collection stored online, Flickr members now have the opportunity to see their masterpieces used in a commercial capacity. When Flickr users license their images on 123RF.com, customers can purchase the right to use these images on billboards, press advertisements, publications and other marketing campaigns.

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SuperDerivatives Opens Mumbai Office and Data Center to Support

SuperDerivatives, the benchmark for options and leading derivatives solution provider for option pricing, independent revaluation, trading and risk management systems, today announced the opening in Mumbai of a sales and support office, together with a dedicated data center, to support the company's rapidly expanding customer base in India.

The new regional office and extended local team will provide sales, support training and professional services to the hundreds of SuperDerivatives users coming from both the private and public sectors. These include ICICI Bank, HDFC Bank, IDBI Bank, Kotak Mahindra Bank, Yes Bank, ING Vysya Bank, Reliance Industries, Tata Steel, Forexserve, Greenback Forex, Bharti Airtel and Essar Group. The Mumbai office is an new addition to SuperDerivatives' long established APAC offices in Singapore and Tokyo and future planned office locations in Hong Kong, Sydney, Bangkok and Seoul.

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Residents pay as incidents mount

Criminals in Jackson make off with $1.6 million in cash, cars and stolen merchandise every month.

That's the average amount the Jackson Police Department concludes is lost monthly in stolen cars, robberies, burglaries and thefts around the city. The figures are contained in monthly reports the city makes to the FBI and are twice the national per-capita average.

"That's an astounding number," said Tricia Raymond, executive director of the local crime watchdog group SafeCity. "That just kind of points to the fact that the criminals are getting smarter and they are following the money."

About half of that lost value comes from cars stolen in the city. On average, $700,000 worth of vehicles are stolen in Jackson every month.

Clinton resident Cyndi Stewart became part of that calculus when she pulled her car into a shopping center parking lot on Old Canton Road in Jackson on the afternoon of Oct.

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Tips On Selling Your Current Car Yourself

(NAPSI)-If you are buying a new car and want to get rid of your present vehicle, it can often be to your benefit to sell the car yourself. That's because you can often get more by selling a car than you would get for it as a trade-in. Chances are, if your car is over four years old, a trade-in will only yield about 25 percent of the market value. For many people, the difference could be several thousand dollars. However, sometimes you have to spend a little bit of time and money on marketing to save a lot-particularly when it comes to selling a used car. Here are some tips: 鈥?Give the inside and outside a thorough cleaning or spend the money to have it detailed. Let no nook and cranny go overlooked. 鈥?Gather up all service and repair records. Be up front about any incidents to build trust with any potential buyers.

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Bid for steel mill still up in the air

BATON ROUGE -- Gov. Kathleen Blanco said Thursday that it may be another two or three months before she knows whether a German corporation will build a $2.9 billion steel plant in St. James Parish or spurn the state for a rival site in Alabama.

Blanco's comments came as she stepped off a jet at Baton Rouge Metropolitan Airport from Dusseldorf, Germany, where she met with executives of ThyssenKrupp AG, who are reviewing the economic development pitches of both states before making a decision on where to locate the steel mill that will employ 2,700 people.

Blanco estimated the timetable for a decision based on her conversations with company officials during rounds of meetings from Sunday through Wednesday. She pointed out that ThyssenKrupp indicated earlier that they would have announced a site in December but that a decision was delayed.

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AIG enters housing fin with Weizmann buy

MUMBAI: US financial services giant AIG has made a lateral entry into housing finance in India by buying out Weizmann Homes. On Tuesday AIG Capital India, a wholly-owned subsidiary of American International Group Inc, signed an agreement to acquire 100% of the outstanding equity of Weizmann Homes. Weizmann is a housing finance company registered with the National Housing Bank from Weizmann, Federal Bank, Asian Investment & Finance Corporation and other minority shareholders. The transaction is expected to close in April. "The credit market is so underpenetrated there is enough room for everyone to grow. We will look at expanding the market across India in a calibrated manner," said Sunil Mehta, country head & CEO AIG India in response to a query on the kind of market share AIG is looking at in India.

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Automotive Experts to Assess Revolution in Occupant Protection

WASHINGTON, March 12 /PRNewswire/ -- The Automotive Occupant Restraints Council (AORC), at its annual membership meeting in Tucson, will focus on issues and answers in highway safety worldwide, especially on the accelerating adoption of innovative safety technology in cars and trucks.Members of the panel, to be featured on Thursday, March 15, will include Robert Lange, Executive Director of Vehicle Structure and Safety Integration for General Motors Corporation; Adrian Lund, President, Insurance Institute for Highway Safety; Michael Stanton, President and CEO of the Association of International Automobile Manufacturers; and Dr. Mark Rosenburg, Executive Director of the Task Force for Child Survival and Development at Emory University.Also at the meeting, the AORC will present its highest honor, the Pathfinder Award, to Juichiro "Jim" Takada, President and Chief Executive Officer of Takata Corporation.

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Teens, parents learn driving ethics

Road rage, underage drinking and chatting on the cell phone while driving were among the topics discussed at Sunday's "You're Driving Me Nuts" workshop at the Tucson Jewish Community Center. And though some teens were reluctant to attend this ethics course for new drivers with their parents, many had changed their minds by the end. .

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Personal and Business Insurance Tax Do's and Don'ts

(New York - WABC, March 10, 2007) - There are many questions around tax time about what type of deductions are available and what kind of income needs to be reported on a tax return. The laws are especially confusing in relation to personal and business insurance. In addition to having an attorney and an accountant, another professional to have is an insurance agent to handle all of your insurance needs.

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KSM and the missing 2nd shoe bomber

In the recent military tribunal hearing on his combatant status, Khalid Sheikh Mohammed owned up to 29 separate acts of terror in which he served, at the very least, as "responsible participant." Some such acts, Sept. 11 for instance, he claimed to have successfully masterminded and executed.

Others he helped plan but, happily, did not manage to pull off. These include schemes to destroy the Sears Tower in Chicago, the New York Stock Exchange and the Panama Canal as well as plots to assassinate Pope John Paul II and Presidents Clinton and Carter.

It is likely that KSM has inflated his role in many of these events, but just as likely that he was at least involved.

The Department of Defense does not edit a word out of 28 of the 29 acts that KSM listed. But one act, No. 3 in KSM's line-up, the DOD originally redacted entirely.

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Record round gives Calcavecchia share of the lead

One round into the PODS Championship and Mark Calcavecchia already had his bags packed to go home. He wasn't quitting. He was just being honest.

Calcavecchia had been in a major slump with his putter, so bad that he went through five clubs in five rounds. And when he took 36 putts in the opening round on his way to a 75, he figured this would be a short week.

"All I had sitting out was a pair of shorts and a T-shirt," he said. "I was ready for the fast exit."

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Concord Camera Corp. Unveils Frame & Store™ Photo Storage Solution ...

LAS VEGAS--(BUSINESS WIRE)--Concord Camera Corp. ("Concord") (Nasdaq:LENS) a leader in award-winning, high-quality, affordably-priced cameras, today unveiled the Frame & Store Photo Storage System at the PMA trade show. Developed based on extensive consumer testing, this exciting and innovative new photo organization and storage solution consists of the Frame & Store Photo Storage Cartridge, the Frame & Store Photo Storage Frame and the Frame & Store Decorative "Lock & Load" Frame. "The Frame & Store Photo Storage System meets a significant unmet need among consumers for a complete, yet affordable solution to conveniently organize and share printed photos," said Urs Stampfli, Senior Vice President and Director of Global Sales and Marketing at Concord. "With the increased demand in digital prints, and the need to organize and share large numbers of older prints, Frame & Store is a superior solution for consumers to eliminate inefficient and unorganized means of photo storage such as shoe boxes and unprotected photo finishing envelopes," Stampfli added.

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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 .

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Celebrating the Birth of a School

Celebrating the Birth of a School recognizes the opening of The HeartShare School in Brooklyn that focuses on children with autism and spectrum disorders. In addition to celebrating the opening of HeartShare’s newest program, the Gala also benefits 17,000 New Yorkers served by HeartShare each year. Attendees can expect to start the evening with a cocktail hour that will allow time to bid on a variety of items within the silent auction. Past auction items have included airfare and tickets to the Oprah Winfrey Show, an autographed basketball shoe from Miami Heat’s Shaquille O’Neal, memorabilia from New York Mets Jose Reyes, David Wright and Steve Trachsel and legendary singer Barbra Streisand. This year’s auction items include VIP Passes to the Macy’s Thanksgiving Day Parade, a Golf Resort getaway, an all-terrain vehicle, and more will provide entertainment for the entire family.

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Car Washes Held For Victims Of Monday's Crash

(CBS13) SACRAMENTO It may have started as a simple car wash but it turned into much more today in South Land Park. It was a labor of love for the friends of four people killed this week in a crash.The cause? Allegedly, a drunk driverThe weather was sunny and the mood at this fundraiser upbeat even though all this was for something very dark and sad. Last Monday, at this very spot, Brizchelle Rice, her 19-month-old son Kamall Osby, her sister Brittanya, and Shanice Carter, a friend, were all killed when a suspected drunk driver slammed into their car head-on."No one expects for their kids lives to be taken during the middle of a day on a street as peaceful as this," said Gerald Pliman, victim's friend.A second car wash was going on simultaneously just around the corner at john Cabrillo Elementary, where Brizchelle Rice's other young son attends preschool.

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Chess player's latest move like so many others MARK FUNKHOUSER

And yet, he thinks, his chess game is terrible, "like an 8-year-old's." He often gets whipped at these Tuesday night games. So why does he keep coming back? Why does he continue to play if he's so bad?

Because he relishes intellectual challenges. Running for mayor is just his latest one.

- - -

Chess, of course, is an individual game. There is no teamwork involved. It's a solitary endeavor. And in the eyes of some people, that perfectly summed up Funkhouser's longtime role as a numbers-crunching auditor at a desk in City Hall.

Once Funkhouser ran for mayor, park commissioner Sandra Aust zinged him for his lone-wolf approach and "relentless negativity." Mayor Kay Barnes accused him of not being a team player. City Councilman Chuck Eddy called him a "loner." Even now on the campaign trail, Funkhouser drives to events alone.

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Replacing auto parts presents problems

A reader once called and expressed this frustration: After another driver backed into her car and hit her front bumper, his insurance company wanted to replace her bumper with an aftermarket product.

She felt that by not replacing the bumper with the same thing, the car's value would diminish.

The accuracy of that claim depends upon whom you ask.

Some body shop owners and auto dealers say they can tell a difference during trade-in if a vehicle has aftermarket parts and they discount the trade-in.

``A good trained eye will look at a hood, for example, and be able to tell that hood is not the original hood,'' said Lou Kaltenstein, president of Norris Auto Group, with dealerships and body shops in Lodi, Medina and Middleburg Heights. ``Would there be diminished value? Absolutely.''

But those in the insurance industry disagree.

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Why PCs are no good for gaming any more

If you claim your £50 cash back and can reclaim the VAT, you're looking at 20" of widescreen goodness for approx £100.

Steve

Subject: XNA bods talk DirectX 11+

MS and their Vole allies best be careful or they will blow their own legs off. I switched from gaming PCs to consoles because of the never ending (expensive) upgrades required for PC gaming.

Quote, "4x Multi-Sampling AA will be minimum for 10.1". MS is doing a good job at killing off open GL and they may up DX requirements too fast and lose support from the PC gaming area because of upgrade requirements. The vast majority of PC gamers buy a cheep Dell or Gateway with underpowered gaming capability and never upgrade them. The also keep those PCs for many years. Look at it this way, Joe Smoe who has been playing PC games buys a new game for his cheap Dell that he just bought.

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Michael Price Buys American Standard Companies In, Altria Group ...

Michael Price buys American Standard Companies In, Altria Group Inc., Bristol-myers Squibb Co., Armstrong World Indu, Goodrich Corp., Bancorp Rhode Island Inc., Unitrin Inc., Time Warner Cable, Republic First Bancorp Inc., Keyspan Corp., sells Conseco, Inc. 5.50% Mandatorily Convertible Prefer, Healthsouth Cp, Lydall Inc., Lynch Interactive Cp, Sun-times Media Group, Inc. Class A Common Stock, Novoste Corp, Markwest Hydrocarbon Inc., Millicom International Cellula, Saks Inc., Centennial Bank Holdings, Inc. - Common Stock during the 3-months ended 03/31/2007, according to the most recent filings of his investment company, MFP Investors LLC. Michael Price owns 76 stocks with a total value of $639 million. These are the details of the buys and sells.

New Purchases: ASD, AWI, BARI, BMY, FRBK, GR, KSE, MO, TWC, UTR, Added Positions: ABFS, COP, FFIC, GAP, GY, MOT, NWSB, PGC, UB, WTM, Reduced Positions: CMCSK, FBTX, GTW, HTV, LTD, MWA-B, OGBY.PK, PNC, TAXI, Sold Out: CBHI, CNO-PB, HLS, LDL, LICT.PK, MICC, MWP, SKS, SVN, Added: Motorola Inc.

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Running on fumes, Diesel refuels

Brian Hill was confident from the start that the massive center the Orlando Magic drafted out of Louisiana State University in 1992 had the potential for greatness.

Hill, the Magic's coach then and now, remembers being amazed by all of the intangibles Shaquille O'Neal possessed when he entered the league. The size. The agility. The charisma. The dominant game.

Despite all of those gifts, there was one thing at that time that Hill was not certain O'Neal would have: longevity.

''You just didn't think of it at that point in his career, you just didn't know,'' Hill said shortly before the Magic snapped the Heat's winning streak at nine games Sunday. ``You knew he was going to be one of the best big men to ever play the game. How long he was going to go, nobody [knew].

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Nigeria: Autoreg Leapfrogs Lagos State Licensing Revenue By 212.5 ...

Lagos state government in the last six weeks generated on the average a total of N180million from vehicle licencing and renewals. This is about 212.5 per cent leap in revenue generated from this source previously. The improvement in the last six weeks in licensing revenue is as a result of the outsourcing of vehicle licencing and renewal to Courteville Investment Limited which has developed the automatic registration called Autoreg.

Disclosing the remarkable improvement in the pilot scheme which Lagos state is championing Thursday in Lagos, the Chief Executive of Courteville Mr. Bola Akindele said that his company developed the Autoreg system and approached Lagos state government who bought into it. He said that six Nigerian banks and one insurance company have become partners in the project through which vehicles' licenses are renewed daily as long as the offices of the partnering banks are opened.

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Hispanic Market: Adjusting to Life in the Mainstream

The Hispanic upfront presentations in New York the week of May 14 occur amidst a backdrop of evolutionary changes. Advertisers are eager to romance the continually growing domestic Hispanic audience, estimated at 43 million and rising, according to updated U.S. Census statistics. Kagan Research projects multichannel penetration in Hispanic households to continue its gradual climb, reaching 71.7 percent in 2010, up from 69.9 percent in 2005.

Jessica Pantanini, an Association of Hispanic Advertising Agencies board member, said, "Corporate America realizes it needs to gain new customers and address other markets like Hispanic, which it hasn't done in the past."

AHAA's projection for this year's upfront buying is $1.8 billion; last year's figure was $1.5 billion, with $1.3 billion the previous year.

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Celebrating the Birth of a School

Celebrating the Birth of a School recognizes the opening of The HeartShare School in Brooklyn that focuses on children with autism and spectrum disorders. In addition to celebrating the opening of HeartShare’s newest program, the Gala also benefits 17,000 New Yorkers served by HeartShare each year. Attendees can expect to start the evening with a cocktail hour that will allow time to bid on a variety of items within the silent auction. Past auction items have included airfare and tickets to the Oprah Winfrey Show, an autographed basketball shoe from Miami Heat’s Shaquille O’Neal, memorabilia from New York Mets Jose Reyes, David Wright and Steve Trachsel and legendary singer Barbra Streisand. This year’s auction items include VIP Passes to the Macy’s Thanksgiving Day Parade, a Golf Resort getaway, an all-terrain vehicle, and more will provide entertainment for the entire family.

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Met hun gedurfde nieuwe reclamecampagne laat Marsh de andere kant ...

Rather than being solely something to guard against, Marsh believes managing risk smartly can give proactive companies a competitive advantage in their marketplace. "This campaign expresses our belief there should be a new, more complete approach to managing risk going forward, and also signals to our clients and the market that Marsh is back on its front foot," said Brian Storms, chairman and chief executive officer of Marsh. "There's no company in the world better positioned than we are to help clients understand the new realities of risks, mitigate them, and turn them into opportunities for upside." The Marsh campaign is running in print publications both in the U.S. and globally, including The Wall Street Journal, New York Times, Financial Times and key local and trade media. There is also an aggressive out of home campaign in several major cities throughout North America that includes airports, bus shelters, billboards and subway elements.

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Sweetly fumbling toward love

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.

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Ahlibank launches chip-based credit cards

Ahlibank has launched new chip-enabled credit and debit cards, offering customers additional security against frauds.
The EMV (Europay Mastercard Visa) compliant card, also known as smart cards, carries data that ensure that it could be used only by an authorised customer, Ahlibank said.
Once all retail outlets have point-of-sale machines to read the smart chip, cardholders need to key in a secret PIN number, that reduces the risk of fraud.
Apart from enjoying higher protection against frauds, the customers also get a range of benefits including insurance and a package of reward options at a later stage.
Smart chip technology is gaining worldwide acceptance and a large volume of card transactions across the world are now carried out by 'chip and PIN'.

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Nanjing Automobile produces MG Rover cars

In a reversal of fortunes of both the British and Chinese auto industries, the Nanjing Automobile Group Corp. (NAC), started to make Britain's famed little sports car the MG in Nanjing.

NAC's new plant in Pukou area of Nanjing can produce 200,000 MG Rovers a year. The company won't say how many cars it will produce this year.Investment in the 300,000-square-meter factory will total 3.5 billion yuan (450 million U.S. dollars) over the next five years.

NAC bought the failed British carmaker MG Rover in July 2005 for 97 million U.S. dollars.

NAC will first make the MG7, a mid-scale sedan, and the MG TF sports car, which the company claims will be the first real sports car to be manufactured in China.

Construction of the new plant started last March. "It's amazing that in just one year's time, NAC has transferred equipment and facilities from the UK and has started producing cars," said Paul Stowe, NAC's quality director who has worked for MG Rover for 10 years.

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Celebrating the Birth of a School

Celebrating the Birth of a School recognizes the opening of The HeartShare School in Brooklyn that focuses on children with autism and spectrum disorders. In addition to celebrating the opening of HeartShare’s newest program, the Gala also benefits 17,000 New Yorkers served by HeartShare each year. Attendees can expect to start the evening with a cocktail hour that will allow time to bid on a variety of items within the silent auction. Past auction items have included airfare and tickets to the Oprah Winfrey Show, an autographed basketball shoe from Miami Heat’s Shaquille O’Neal, memorabilia from New York Mets Jose Reyes, David Wright and Steve Trachsel and legendary singer Barbra Streisand. This year’s auction items include VIP Passes to the Macy’s Thanksgiving Day Parade, a Golf Resort getaway, an all-terrain vehicle, and more will provide entertainment for the entire family.

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Debunking auto insurance myths

Just as there are many differences between a Toyota and a Lexus, there are many differences between auto insurance policies, although you have to look more closely to spot them. However, choosing a low-cost auto insurance policy may end up costing you thousands of dollars. The familiar pitch, "save hundreds of dollars in 15 minutes," obscures complex coverage issues that may have you paying much more in the end.

Your Liability Exposure

Many auto insurance policies have low liability limits which don't reflect an individual's true worth. In fact, in several states, the recommended limits are as low as $25,000. Because every auto insurance policy is different, it's best to read your policy carefully and make sure you're not part of the up to 50 percent of drivers who are under-insured.

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Reddy doesn't have magic pill

Zooming credit: The main problem is that the brakes havent worked so far. Banks have raised interest rates repeatedly and the RBI has been stamping hard on liquidity, but all these moves have had little impact on credit growth. RBI data on Saturday showed that as of March 16, 2007, credit growth was nosing 29%. Thats just a shade below the average credit growth of 30.38% for the last one year, according to Bloomberg Data.

More importantly, the number is 400 basis (4%) points above the RBIs stated comfort zone of 25% or less credit growth.

Banks and corporates continue to mop up money through floating rate notes and yen borrowings abroad. This is a double whammy for the RBI: the resultant forex inflows upend the RBIs efforts to slow down credit growth and infuses additional rupee liquidity, which feeds inflation.

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Report: Wal-Mart moves to offer more financial services

Wal-Mart Stores Inc. has renegotiated the terms of leases with several banks that operate in its stores to give Wal-Mart the right to offer financial service products it does not currently sell, such as mortgages, home-equity lines of credit and consumer loans, according to a report.

The Wall Street Journal reported that at least one of the leases, obtained by Dow Jones Newswires, also gives the store the ability to offer debit cards and investment products.

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Our Readers' Views

I see where citizens who live in the Port of Vancouver's tax district are gathering signatures to place an initiative on the ballot to repeal the tax increase imposed by the port to buy industrial land. Here in Camas and Washougal, we may see a similar action by our port. However, our port will more than likely be asking to purchase waterfront land to hand over to RiverWalk, LLC, so they can build condominiums and retail shops for a ridiculously low lease- agreement.

I want to be the first to tell the Port of Camas-Washougal that I will oppose any new port taxes to purchase private land to promote RiverWalk, LLC. Further, because the port has committed millions of dollars in public assets toward a lease agreement that was not approved by the public, nor was the lease open for competitive bidding from other developers, might this contract be interpreted as gifting state assets?

Bernice S.

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Running the realty check

One of the first companies to attract strategic foreign investments in India's real-estate sector, Mantri Developers is focused on residential as well as commercial realty. In an interview to Business Line, Mr Sushil Mantri, Chairman and Managing Director of the company, dwelt on several issues of interest to investors in property as well as property stocks. What is the business model that works in the residential space? How should investors evaluate IPOs of realty companies? He also discussed the benefits that Morgan Stanley's investment has brought to the table for Mantri and the competencies required to tap such Private Equity (PE) investors.

Excerpts from the interview:

Why do you think Mantri was the preferred option for Morgan Stanley's first investment in India's real-estate sector?

We started our operations in 1999 and from Day One we had set some norms, including that we will do all the projects through one company.

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Credit cards pick up fee if you damage rented car

When you try to use your credit card to cover collision damage to a rental car, the rental agent may lie to you about the coverage your card provides. Recently, I received e-mails from two readers reporting on the same scam at two rental companies: Agents told them that although their cards covered damage to the vehicle, they didn't cover the additional "loss of use" fee the car company would collect for the rental revenue lost while a damaged car was out of service. That statement is a flat-out lie.

When you rent a car, you're on the hook for any damage done to that car during your rental, plus loss of use, so you have to find some way to cover your risk. Rental companies, of course, are happy to sell a "collision damage waiver" (CDW) or "loss and damage waiver" -- essentially the same thing -- to absolve you of that risk.

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US STOCKS-Indexes slip on growth worry, profit-taking

NEW YORK, May 14 (Reuters) - U.S. stocks fell on Monday as renewed concerns about the economy's health overshadowed news of a $7.4 billion deal to buy a majority of Chrysler.

In addition, investors opted to take profits after six straight weeks of gains by the main indexes, traders said.

The Dow Jones industrial average (.DJI: Quote, Profile, Research was down 16.90 points, or 0.13 percent, at 13,309.32. The Standard & Poor's 500 Index (.SPX: Quote, Profile, Research was down 6.50 points, or 0.43 percent, at 1,499.35. The Nasdaq Composite Index (.IXIC: Quote, Profile, Research was down 22.69 points, or 0.89 percent, at 2,539.53.

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Businesses urge govt to define 'hoarding'

Country's businesses yesterday urged the government to provide them with a guideline defining the volume of stock of essentials that will be treated as hoarding.

Business leaders from across the country also promised their all-out cooperation with the government actions against the hoarders and food adulteration and sought revision of the law regarding stockpiling of essential products.

"To meet the market demand I need to maintain a reserve of 500 sacks of rice every day. But, if the joint force finds such an amount of rice at a place, they suspect it as hoarding, and the businessmen are harassed," said Shahjahan Mollah, president of Faridpur Chamber of Commerce and Industry.

There is no doubt that the joint force is working for collective interest but they should understand the reality and try to feel which actions are actually required to benefit the people, he said.

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Fitch Rates Indiana Finance Auth $211.5MM Lease Appropriation Bnds ...

NEW YORK--(BUSINESS WIRE)--Feb. 28, 2007--Fitch Ratings assigns an underlying 'AA' rating to approximately $211.5 million Indiana Finance Authority (authority) lease appropriation bonds (stadium project), series 2007A. The bonds are expected to be sold the week of March 5 through negotiation with a syndicate led by J. P. Morgan Securities Inc. The bonds are insured by the Financial Guaranty Insurance Company, whose insurer financial strength is rated 'AAA' by Fitch. In addition, Fitch affirms at 'AA' approximately $2.9 billion of Indiana's appropriation debt. The Rating Outlook is Stable. Indiana does not issue general obligation debt, rather meeting a bulk of its capital needs through debt issuance by the authority, which by its creation in 2005 consolidated debt issuance for the state. The 'AA' rating is based on Indiana's solid lease/appropriation credit, the importance of the stadium and convention center project to the state, and the lease and moral obligation provisions.

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I'M happy today