Sunday, June 3, 2007

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Arkansas adopts SEMA custom car title legislation

We recently reported how SEMA had helped get new kit and custom car registration legislation passed in Virginia. Well, the razorbacks didn't want their Southern rivals to get too far ahead and recently passed a similar bill of their own. Arkansas made changes to their vehicle titling and registration classifications for street rods and created a new class for custom vehicles too. The bill was recently signed into law by Governor Mike Beebe after being approved by the Arkansas State Legislature. Arkansas now defines a street rod as "an altered vehicle manufactured before 1949" and a custom as "an altered vehicle at least 25 years old and manufactured after 1948." And like the Virginia law, kit cars and replicars will get tagged as being the same model year as the car they aim to replicate. So a freshly built '32 Ford would be a 1932 Ford, and a new Cobra would be a 1960's car on the books.

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Rick Majerus: My March Madness

Florida has the same team and unless too many players have become the "newest best friends" of the Porsche dealer, I like the Gators and their 16-point margin of victory in last year's tourney to be dancing to Elton John's Crocodile Rock all the way to Atlanta.

Maryland has a pass through to the Sweet 16.

The Leprechaun (Notre Dame) will come up "Road Kill" to Winthrop, driving in from the heart of NASCAR to romp the pedal to the metal Irish.

Wisconsin has been seeded in a great lower bracket, where they stay in the same time zone at their first two sites. In St. Louis their fans will out number the Florida fans who will be saving their money to party at the Final Four. Badger faithful, better get Ticket King on speed dial.

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If Kansas loses in the first round this year, there should be an investigation.

Saturday, June 2, 2007

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Captain Cooks Casino Introduces Latest in Online Video Slots

HITMAN is a video game which revolves around a man known as Agent 47 (usually simply referred to as 47), an assassin for hire, whose skills place him in high demand for jobs. Since it's inception HITMAN has acquired a massive following of video game fans from around the world. Next week slot players can meet HITMAN themselves as he brings his variety of assassination services and contract winnings to Captain Cooks Casino in the form of a 5 reel, 15 payline video slot.

(PRWeb) March 22, 2007 -- Captain Cooks Casino is the industry leader in innovative online gaming and is part of a network of 12 online casinos that have built a lasting reputation over years of outstanding services for players around the world.

All the great graphics, thrilling themes and sinister plots of the Video Game are transformed into a multilevel game with more features than you could shake…a gun at!

The last time Captain Cooks Casino released a game of this calibre was when the still popular Tomb Raider™ game was released two years ago.

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Prep Prime Time: Drew Storen

Drew Storen is the top pitcher for the Brownsburg High School baseball team, which opened the season ranked No. 1 in Class 4A. The son of radio personality Mark Patrick, the 6-1 senior is headed to Stanford in the fall to play baseball. Storen went 10-1 last year with a save, striking out 114 in 71 innings. He is 22-1 in his high school career for the program that won the 4A title in 2005. .

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Mayor's letter aired; where is the other side?

Recently, WDAM-TV news aired Mayor Melvin Mack's letter foiling a deal between Jones County Board of Supervisors and the mayor to build a new Department of Human Services building in the vicinity of the old Kress building.

The Hattiesburg American excerpted the letter in the March 6, 2007, edition, justifying withdrawing from the deal, which states, in part: "... I feel that we must be attentive to our downtown merchants and support the group that committed not only their time and efforts but also considerable financial resources to the improvement of our city."

According to the March 6 edition of the Leader-Call, "... Mayor Melvin Mack said that construction of the building would conflict with the downtown revitalization efforts." Will "revitalization" develop into a "canopy?"

However, it is interesting if one thinks back when the old Kress store was bustling with business.

Thursday, May 31, 2007

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Rantoul's population has continued to decline

Jerry Zachary remembers being in awe of the huge crowds that filled the Rantoul Township High School gym when he played for the Eagles in the 1950s.

"We packed the gym for every game," remembers Zachary, who's now superintendent of Ludlow grade school. "It was a great feeling playing before 1,600 people.

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Wednesday, May 30, 2007

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BT criticised by Court for failing customers

British Telecom faced heavy criticism by a London Judge today (25/04/2007) for failing its customers and not responding efficiently enough when it had power to do so. In a terse judgment, BT were ordered to pay costs to Capital Fortune Mortgage Advisers and the national telecoms provider were held to be in clear breach of contract. The battle began some 10 days ago when incompetent BT engineers mistakenly cut off the award winning www.capitalfortune.com' target='_blank'>Mortgage Brokers Internet connection at its London based service centre. The action caused the loss of thousands of pounds and left homeowners across the capital unable to complete their mortgages. There were fears that BTs actions could push the Company to the brink of bankruptcy threatening legal action and costs if the London mortgage brokers did not back down.

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Payless hopes Tailwind line of shoes pushes it to victory

Payless ShoeSource Inc. has paired with a subsidiary of Nike Inc. to market a high-performance $34.99 running sneaker, a move that both companies hope will tap a lucrative market.

Under the terms of the multiyear deal, Exeter Brands Group LLC, a wholly owned subsidiary of Nike, will design and produce the shoes under the Tailwind collection, while Topeka-based Payless will serve as the exclusive retailer.

Marshal Cohen, chief analyst at NPD Group Inc., a Port Washington, N.Y.-based market research company, said that the Tailwind shoe will break new ground in the $3.5 billion mass-market athletic shoe industry because of the footwear's technology.

"This takes the low end to a new extreme," said Cohen, who noted that what is being offered in the high-performance athletic footwear sold at mass chains is not high-tech.

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Chinese plant rolls out first MG

Nanjing Automobile, which bought the MG brand in July 2005, has rolled out the first Chinese-built MG sports cars from its production line in the eastern city of Nanjing.

These are the MG7 saloon and the MG-TF sports car, which, Nanajing officials say would be priced between $23,300 (approximately Rs10 lakh) and $51,700.

According to reports, the models are a replica of the British version and even sport the Union flag on their bodywork. The Chinese company has retained the acronym of the popular auto brand, MG, marketing it in China as "modern gentleman".

Nanjing Auto, which had acquired the bankrupt MG Rover's models and assets for £53 million in 2005, outbidding China's biggest carmaker Shanghai Automotive Industry Corp (SAIC), built a massive new factory and installed robots and assembly lines it bought from MG Rover within six month.

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3 Questions to Ask Before Selling

Here's a mystery straight from the "odd things that investors do" vault: Why do investors continue to follow a stock's performance after they've already sold it? If price gyrations in the stock have no impact on a portfolio, why bother?

Good question. In my case, I sometimes watch a stock much more closely after it has no part in my portfolio than I did when I actually owned it.

Why? Because I want to feel good about my sell decision. I want to know that I made the right choice. A stock that tanks after I sell crowns me as a market seer, and one that shoots higher goes in the "just kick me" file.

Aside from my own delusions, though, I've learned that my post-sale paranoia is evidence that I sold a stock with more emotion than reason. If I were selling for the right reasons, I'd show much more confidence in the decision and have little need to validate the choice.

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Rants, raves and random thoughts 03 12 2007

Greetings, one and all, and welcome! Thanks much for joining me. As has been the case for about as long as I can remember, there's plenty of mail to consider. One quick thought from Your Humble Narrator (that's me) and we'll check it out. Rants, raves and random thoughts 03 12 2007 Kevin L. Green Greetings, one and all, and welcome! Thanks much for joining me. As has been the case for about as long as I can remember, there's plenty of mail to consider. One quick thought from Your Humble Narrator (that's me) and we'll check it out.

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Tuesday, May 29, 2007

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Are these stocks in your portfolio?

Jigar Shah of KR Choksey Securities gives some of his value picks in mid and smallcap stocks that he feels could outperform the broader market over the next 6-12 months.

Jigar Shah of KR Choksey Securities picks Sundram Fasteners, 3i Infotech and Sterlite Optical among stocks

Excerpts from CNBC TV18s exclusive interview with Jigar Shah:

Q: Couple of stocks that you like, the first is Sundram Fasteners, what is the business rationale behind it?

A: Sundram Fasteners is one of the top fastener companies in the world with global presence at many locations including China and is likely to get the biggest advantage of the outsourcing of the auto components from India.

The company has taken lot of steps to basically de-risk itself and get into several other auto components as well.

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Barricade erected on Hwy 17 in Garden River, car hits it

GARDEN RIVER FIRST NATION - Sault Ste. Marie OPP and Anishinabek Police Service were called to the 300 area of Highway 17 in Garden River this morning. At about 2 a.m officers were called to that area of the highway after a report of a large number of people, possibly under the influence, on and alongside the highway. Officers discovered that a large number of teens had left a party and were congregating alongside the roadway. Two teens were charged with being intoxicated in a public place and the others were asked to make their way home. The two charged people were given transportation to their respective residences. Shortly after the officers left the area with the two drunks, the remainder of the group pulled smaller logs onto the roadway. As the group made their way down the highway they took the plywood garbage boxes at the end of driveways and also put the garbage boxes on the roadway.

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San Diego to refinance ballpark bonds

SAN DIEGO - A deal has been reached to refinance the bonds used to build downtown San Diego's ballpark that will save the city about $93 million over the next 25 years, it was announced Tuesday.The $156.6 million bond issuance with Bank of America N.A. will save the city about $3.7 million annually over the 25-year financing schedule, according to Mayor Jerry Sanders' office.

San Diego will pay back the bonds at a fixed rate of 4.8 percent, compared to the 7.5 percent previously being charged the city.

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Growing US home loan defaults could be contagious

Pretoria - The increase in home loan defaults in the US could affect the South African housing market and economy, Standard Bank warned in its latest residential property gauge yesterday. It said slower US growth might hamper local exports and commodity prices, which in turn might slow house prices through reduced economic and income growth. In addition, there may be contagion to global housing markets to the extent that investors regard residential property as a single asset class and equity prices may soften if the mortgage lenders and buyers of their securitised assets experienced a further deterioration in their earnings and loss experiences. However, the bank said in the final analysis the fallout in the US subprime mortgage loan market "as it has occurred so far" had little effect on local house prices.

Monday, May 28, 2007

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GAINSCO/Bob Stallings Racing - Grand Prix Of Miami Review

VICTORIOUS! Round two of the 2007 Grand Am Series, the Mexico City 400k will be remembered as the most important race in the teams history. Gurney and Fogarty scored the teams long-awaited maiden victory, bringing home the win in one of the most thrilling finishes in Grand-Am history.

OFF TO A STRONG START: Bob Stallings and his GAINSCO team have one goal in mind: they are committed to winning the 2007 Grand Am Championship. Theyre off to a strong start, since Alex Gurney shattered the Daytona track record, scoring the pole position for the 2007 Rolex 24 and he and his teammate followed that up with their first victory at Mexico City. The team jumped from 22nd to sixth in the championship point standings.

HOME RUN FOR GAINSCO: GAINSCO Auto Insurance is one of the fastest growing auto insurers in the country, and Miami is a leading market for the Dallas, Texas-based company.

Sunday, May 27, 2007

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Philippine Condotel Properties being snap up by agile UK ...

"Rents which we thought we would get in two years we're getting now," said Beth Collingz, a managing director in Metro Manila of the Condotel Marketing arm of PLC Global Pinoy, the International marketing partner of Pacific Concord Properties Lancaster Brand of Condo Hotels in the Philippines.

Collingz expects rental income to rise 15 percent in the coming 12 months after gains of as much as 30 percent since January 2006, when Pacific Concord Properties Inc are set to launch Condo Hotel operations of their flagship Lancaster Suites located in the Ortigas business district in Metro Manila.

UK Private equity units of banks and investment clubs, driven in part by the current strength of the Pound Sterling in international trading, are being attracted by returns in the Philippines as much as double those in the United States and Europe, are purchasing significant blocks of real estate for investment trusts for Asian commercial property.

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AMB Generali, BMW, Deutsche Boerse, Thiel: German Stock Preview

March 14 (Bloomberg) -- The following stocks may rise or fall in German markets today. Stock symbols are in parentheses after the company names and prices are from the Xetra close today unless otherwise stated.

DAX futures expiring in March tumbled 103.50, or 1.6 percent, 6527.50 as of 8:17 a.m. in Frankfurt. The DAX declined 91.5, or 1.4 percent, to 6623.99 on the Xetra electronic-trading system yesterday.

AMB Generali Holding AG (AMB2 GY): Germany's fourth-biggest insurer will present fourth-quarter and 2006 earnings. Chief Executive Officer Walter Thiessen said in a Feb. 6 newspaper interview that premium income rose 4.7 percent last year. The shares lost 22 cents, or 0.2 percent, to 113.51 euros.

Bayerische Motoren Werke AG (BMW GY): The world's largest maker of luxury cars will release its 2006 annual report.

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Car buying not on the agenda (for some)?

Latest findings from the Sainsbury's Bank Car Buying Index, which tracks (on a six-monthly basis) the number of people planning to purchase a car, indicates a decrease in those planning to buy a car. The research suggests that 7.65 million people intend buying a car between March 2007 and August 2007, a decrease of 430,000 people from the previous index, which covered the period September 2006 to February 2007. Expectations are that 53.2 billion will be spent on purchasing cars within the next six months, 16.2 billion less than the previous six months stated in the previous index.

Steven Baillie, loans manager, Sainsbury's Bank, makes the point that for the first time in two years there has been a fall in the total anticipated spend on new cars. He adds that over the past four years, since the bank started the car buying index, there have been occasional dips in planned spend on cars, but this fall by 16.2 billion represents by far the biggest drop witnessed to date.

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Proper running shoe is crucial for success, comfort

If you're bewildered by racks of athletic shoes lining store walls, it's not surprising. But the right shoe is a must for those training for marathons or playing a sport, running or just walking for exercise.

"If you have a shoe that fits improperly or is worn out, you put yourself at risk for fatigue-type injuries," says Dr. Michael Shea, orthopedic surgeon at Indiana Orthopaedic Hospital.

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