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    <title>WebWire | News by Industry : Financial Markets</title>
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    <description>Financial Markets News by WebWire</description>
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     <title>Deutsche Börse Acquires US Financial News Service Need to Know News</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108238</link>
     <pubDate>Fri, 20 Nov 2009 14:37:42 EST</pubDate>
     <description><![CDATA[Market Data &#38; Analytics segment extends offering in trading relevant, machine readable real-time news for financial markets -   -  Deutsche Börse is expanding the offering of its Market Data &#38; Analytics s...]]></description>
     <content:encoded><![CDATA[<p>Market Data &#38; Analytics segment extends offering in trading relevant, machine readable real-time news for financial markets</p><p>Deutsche Börse is expanding the offering of its Market Data &#38; Analytics segment by acquiring the US financial news service Need to Know News. A purchase agreement was signed on 20 November 2009. For a US$ amount in the one digit million range including a performance-related payment, Need to Know News will become a 100 percent subsidiary of Market News International (MNI), a Deutsche Börse Group company.</p><p>&#39;The acquisition of Need to Know News reflects our growth strategy with globally relevant information for algorithmic traders. We see an increasing demand from market participants pursuing automated trading strategies to integrate financial news and other event data into their algorithms, in addition to real-time market data&#39;, said Holger Wohlenberg, Managing Director of Deutsche Börse Market Data &#38; Analytics.</p><p>With this transaction, Deutsche Börse acquires a pioneer in the delivery of machine readable news for algorithmic trading. The acquisition allows Deutsche Börse to combine its expertise in the development of ultra high speed data feeds with content provided by Market News International and with the proven market experience of Need to Know News. Together, the businesses aim to assume a leading role in the delivery of real-time data to the growing number of market participants with automated trading applications. At the same time, Deutsche Börse is expanding its client base for its offering of real-time news relevant to financial markets.</p><p>Based in Washington D.C., Need to Know News has 25 employees and delivers trading relevant news to market participants in the US and Europe.</p><p>About Market Data &#38; Analytics<br />Deutsche Börse Market Data &#38; Analytics collects, refines and disseminates independent capital market relevant data and information. The product range includes price data, trading statistics, analyses, master data, financial news and over 3,000 indices which document market movements and bring transparency to international financial markets. With the acquisition of Market News International (MNI) in January 2009, Market Data &#38; Analytics extended its services with trading relevant macroeconomic real-time news. MNI has employees in 12 locations in Europe, Asia and the USA.</p><p>&mdash; WebWireID108238 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=ADV">Advertising / Marketing</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=PUB">Publishing / Information Services</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/z1d1_S1BBGo" height="1" width="1"/>]]></content:encoded>
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     <title>Projections of savings from health IT are baseless, Harvard researchers say</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108231</link>
     <pubDate>Fri, 20 Nov 2009 13:24:55 EST</pubDate>
     <description><![CDATA[National survey of U.S. hospitals shows information technology has yielded neither administrative efficiencies nor cost savings -   -  The increased computerization in U.S. hospitals hasn&#39;t made them chea...]]></description>
     <content:encoded><![CDATA[<p>National survey of U.S. hospitals shows information technology has yielded neither administrative efficiencies nor cost savings</p><p>The increased computerization in U.S. hospitals hasn&#39;t made them cheaper or more efficient, Harvard researchers say, although it may have modestly improved the quality of care for heart attacks.</p><p>The findings, published in today&#39;s [Friday&#39;s] online edition of The American Journal of Medicine, contradict claims by President Obama and many lawmakers that health information technology (health IT), including electronic medical records, will save billions and help make reform affordable.</p><p>&#34;Our study finds that hospital computerization hasn&#39;t saved a dime, nor has it improved administrative efficiency,&#34; said lead author Dr. David Himmelstein, associate professor at Harvard Medical School and former director of clinical computing at Cambridge Hospital in Massachusetts. &#34;Claims that health IT will slash costs and help pay for the reforms being debated in Congress are wishful thinking.&#34;</p><p>The study uses data from the most extensive survey ever undertaken of hospital computerization. Data from approximately 4,000 hospitals for the years 2003 to 2007, including those on a list of the &#34;100 Most Wired,&#34; were analyzed for evidence of increased quality, cost savings or improvements in administrative efficiency.</p><p>The data came from the authoritative Healthcare Information and Management Systems Society (HIMSS) Analytics annual survey of hospital computerization; Medicare Cost Reports that virtually all hospitals submit annually to the Centers for Medicare and Medicaid Services (CMS); and the 2008 Dartmouth Health Atlas, which compiles CMS data on costs and quality of care.</p><p>Although the researchers found that U.S. hospitals increased their computerization between 2003 and 2007, they found no indication that health IT lowered costs or streamlined administration, even in the &#34;most wired&#34; institutions. While U.S. hospital administrative costs increased slightly, from 24.4 percent in 2003 to 24.9 percent in 2007, hospitals that computerized most rapidly actually had the largest increases in administrative costs. (By way of comparison, older studies have estimated administrative costs in Canadian hospitals at 12.9 percent).</p><p>The study found no evidence of lagged effects, e.g. lower costs in 2007 resulting from information technology introduced in 2003.</p><p>Modest quality gains were noted in the treatment of heart attacks (acute myocardial infarction) in more-computerized hospitals, but even these small improvements may merely represent better documentation rather than actual gains to patients.</p><p>Himmelstein said a report from the Congressional Budget Office in 2008 signed by Peter Orszag, now Obama&#39;s budget director, expressed skepticism about claims by the RAND Corp. and others that health IT could generate $80 billion annually in savings.</p><p>&#34;Part of the CBO&#39;s skepticism was based on the limited information available to the RAND study and similar studies,&#34; Himmelstein said. &#34;But this new, detailed, national survey of diverse hospitals shows such doubts are well-founded. Information technology can&#39;t rescue us from our national health care crisis.&#34;</p><p>Dr. Steffie Woolhandler, professor of medicine at Harvard and study co-author, said several factors may explain why health IT has failed to reduce administrative costs.</p><p>&#34;Any savings may have been offset by the costs of purchasing and running new computer systems,&#34; she said. &#34;In addition, most software is designed around the accounting and billing needs of hospitals, not the clinical side.&#34;</p><p>She noted that a computer success story in recent years has been at the Veterans Administration, where global budgets eliminate most billing and internal cost accounting, allowing physicians to focus instead on delivering care.</p><p>&#34;The VA system now has our nation&#39;s highest quality and patient approval ratings,&#34; Woolhandler said. &#34;Congress should take note: to get the most benefit from our health care dollars and from health IT, we should adopt a single-payer, Medicare-for-all program. Nothing short of that will allow us to reap the full potential of computerization or to provide comprehensive, quality and affordable care to all.&#34;</p><p>******<br />&#34;Hospital computing and the costs and quality of care: a national study,&#34; David U. Himmelstein, M.D., Adam Wright, Ph.D., and Steffie Woolhandler, M.D., M.P.H., The American Journal of Medicine, Nov. 20, 2009 (online).</p><p>Physicians for a National Health Program (<a href="http://www.pnhp.org" target="_blank">www.pnhp.org</a>) is an organization of 17,000 doctors who advocate for single-payer national health insurance. To contact a physician-spokesperson near you, visit <a href="http://www.pnhp.org/stateactions" target="_blank">www.pnhp.org/stateactions</a> or call (312) 782-6006.</p><p>&mdash; WebWireID108231 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=GOV">Government</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=HEA">Health Care / Hospitals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MTC">Medical / Pharmaceuticals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=POL">Politics</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/Nr6NgmKNSGE" height="1" width="1"/>]]></content:encoded>
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     <title>IBM Analytics to Provide Real-Time Analysis and Delivery of Tax Information for Jackson Hewitt Tax Service</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108224</link>
     <pubDate>Fri, 20 Nov 2009 13:16:30 EST</pubDate>
     <description><![CDATA[ARMONK, N.Y. - IBM (NYSE: IBM) today announced that Jackson Hewitt Tax Service Inc. (NYSE: JTX), a leader in the tax preparation industry with franchised and company-owned locations across the country...]]></description>
     <content:encoded><![CDATA[<p>ARMONK, N.Y. - IBM (<a href="http://finance.google.com/finance?q=IBM" target="_blank">NYSE: IBM</a>) today announced that Jackson Hewitt Tax Service Inc. (<a href="http://finance.google.com/finance?q=JTX" target="_blank">NYSE: JTX</a>), a leader in the tax preparation industry with franchised and company-owned locations across the country, has selected IBM business analytics software -- IBM Cognos 8 BI -- to provide its nationwide locations with software systems that provide greater efficiencies in accessing tax information and relevant business data.</p><p>To handle a rising tide of information stemming from various corporate systems, Jackson Hewitt Tax Service&#174; sought a software solution that would quickly synthesize external information, including new tax law changes, the tax implications of new legislation, and the tax impact of a natural disaster for faster distribution to its franchisees and company-owned locations managers to help best serve clients.</p><p>As a result of quick and easy access to critical business information, employees will be able to improve client service more quickly and efficiently. </p><p>IBM business analytics technology will significantly cut programmer servicing time, especially during peak times of the year, and will allow Jackson Hewitt&#174; franchisees to use a more self-sufficient model to independently review relevant business information at-a-glance to more effectively run their office operations and analyze business reports in real time. The new analytics solution will also help Jackson Hewitt enhance office and employee performance through such tools as real-time fee and discount tracking. </p><p>&#34;We selected IBM&#39;s business analytics system after a rigorous bid process,&#34; said Danamichele Brennen, senior vice-president and chief technology officer, Jackson Hewitt Tax Service Inc. &#34;With analytics technology we can effectively and expeditiously empower our franchisees, corporate partners and internal stakeholders with the right information at the right time. They&#39;ll get the relevant data and analytics insight they need to provide our customers with exceptional service.&#34; </p><p>&#34;Smart midsize organizations like Jackson Hewitt are laying the foundation for 21st Century growth with business analytics that provide and enhance data-driven decision-making,&#34; said Mychelle Mollot, vice president of worldwide marketing, BI and Performance Management, IBM. &#34;Business analytics helps all clients glean new intelligence from their data that can be effectively applied for smarter decision-making.&#34; </p><p>About Jackson Hewitt:</p><p>Jackson Hewitt Tax Service Inc. (<a href="http://finance.google.com/finance?q=JTX" target="_blank">NYSE: JTX</a>), with approximately 6,600 franchised and company-owned offices throughout the United States during the 2009 Tax Season, is an industry leader providing full service individual federal and state income tax return preparation. Most offices are independently owned and operated. Jackson Hewitt is based in Parsippany, New Jersey. More information may be obtained at <a href="http://www.jacksonhewitt.com" target="_blank">www.jacksonhewitt.com</a>. </p><p>About IBM:</p><p>For more information about IBM Smarter Planet, please visit <a href="http://www.ibm.com/press/smarterplanet" target="_blank">www.ibm.com/press/smarterplanet</a></p><p>For more information about IBM Information Management, please visit <a href="http://www-01.ibm.com/software/data/" target="_blank">http://www-01.ibm.com/software/data/</a>.</p><p>&mdash; WebWireID108224 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=NET">Computer Networks</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=STW">Computer Software</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=HTS">High Tech Security</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/Ht-JNsJO8xQ" height="1" width="1"/>]]></content:encoded>
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     <title>BMO Capital Markets Named the 2009 Best Bank for the Canadian Dollar by FX Week Magazine</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108222</link>
     <pubDate>Fri, 20 Nov 2009 13:12:00 EST</pubDate>
     <description><![CDATA[BMO&#39;s Foreign Exchange Group consistently recognized for its leading FX capabilities  -   -  TORONTO, BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (TSX, NYSE: BMO),...]]></description>
     <content:encoded><![CDATA[<p>BMO&#39;s Foreign Exchange Group consistently recognized for its leading FX capabilities </p><p>TORONTO, BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (TSX, <a href="http://finance.google.com/finance?q=BMO" target="_blank">NYSE: BMO</a>), has been named the Best Bank for the Canadian Dollar by FX Week Magazine.</p><p>This is the first time BMO Capital Markets has received this honour, which is determined by votes from foreign exchange market professionals around the world. The FX Week Best Bank Awards are presented annually in London, U.K. during November.</p><p>&#39;As the benchmark for the performance in the global FX industry, the FX Week Best Bank Awards are the most accurate indicator of who is leading the forex marketplace,&#39; said Stephen Couling, Publisher, FX Week. &#39;And there is no question BMO Capital Markets has earned the No. 1 ranking in the Canadian dollar as judged by some of the largest and most influential FX participants.&#39;</p><p>In this year&#39;s survey, nearly 7,000 respondents from banks, corporate treasurers and investors, including fund managers, institutional investors and hedge funds, nominated their preferred banks, brokers and vendors in 39 categories. Each institution was awarded three points for a first-place nomination, two for second-place and one for third-place. In the Canadian dollar category, BMO Capital Markets was ranked first by banks and investors and second by corporations &#8211; which resulted in a first-place finish overall.</p><p>This recognition is one of several awards that BMO Capital Markets has recently won for its overall excellence in foreign exchange. In September, BMO Capital Markets was named the best foreign exchange bank in Canada by European CEO Magazine. Earlier this year, BMO Capital Markets was voted best FX market-maker in a survey by the China Foreign Exchange Trade System (CFETS) and the Interbank Funding Centre. Global Finance Magazine also named BMO Capital Markets the Best Investment Bank in Canada in a 2008 survey.</p><p>&#39;We are honoured to be recognized by FX Week as the No. 1 dealer for the Canadian dollar globally,&#39; said Jamie Thorsen, Global Head of Foreign Exchange Products, BMO Capital Markets. &#39;Our goal is to continue to build long-term sustainable client relationships and provide a unique perspective that offers a differentiated depth of expertise in the Canadian dollar. We are all about helping our clients turn currency risk into reward.&#39;</p><p>BMO Capital Markets&#39; Foreign Exchange Group is a team of nearly 100 professionals around the world from Beijing to Chicago. BMO has FX offices in eight cities globally, including a foreign exchange sales and trading desk in London, U.K., which opened in 2007.</p><p>The FX group holds a dominant position in the Canadian-dollar foreign exchange market and is top-ranked by large hedge funds and pension funds for institutional liquidity and pricing capacity. BMO&#39;s Foreign Exchange Group trades in all major and other exotic currencies &#8211; close to 50 tradable currencies and exotics and over 100 currency pairs. The group offers clients a wide range of capabilities, including:</p><p>    * Canadian-dollar market making<br />    * North American hedging<br />    * Chinese transactions<br />    * 24 hour trading<br />    * Structured risk-management solutions including derivatives, swaps and options, and real-time order monitoring and quotes through its leading web-based platforms DirectLine&#174; and eFXpedite<br />      For more information, visit: <a href="http://www.bmocm.com/products/marketrisk/fx/" target="_blank">www.bmocm.com/products/marketrisk/fx/</a></p><p>About BMO Capital Markets<br />BMO Capital Markets is a leading full-service North American financial services provider, with over 2,200 employees operating in 14 North American offices and 27 worldwide, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (TSX, <a href="http://finance.google.com/finance?q=BMO" target="_blank">NYSE: BMO</a>), one of the largest diversified financial services providers in North America with<br />US$385 billion total assets and 37,000 employees as at July 31, 2009.</p><p>About FX Week Magazine<br />Published since 1990, FX Week is the industry&#39;s exclusive publication for foreign exchange and money market professionals working within banks, brokerages, institutions and corporate treasuries. FX Week&#39;s expert editorial team operates out of London, the heart of the foreign exchange market, with support from editorial offices in New York and Hong Kong, ensuring that subscribers are provided with the information on the powerful forces that are making the markets tick and the events that are shaping the FX industry world-wide. For more information, visit, <a href="http://www.fxweek.com" target="_blank">http://www.fxweek.com</a></p><p>&mdash; WebWireID108222 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MAG">Magazines</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OTC">OTC / SmallCap</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=PUB">Publishing / Information Services</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/KC35XJXq8YY" height="1" width="1"/>]]></content:encoded>
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     <title>Collaborative Sessions and CRM Sneak Preview Highlight Customer Effective's User Conference </title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108144</link>
     <pubDate>Thu, 19 Nov 2009 16:37:33 EST</pubDate>
     <description><![CDATA[Greenville, SC - - November 19, 2009 - - Customer Effective Inc., a Microsoft Inner Circle and Gold Certified Partner focused on Microsoft Dynamics CRM, recently hosted its annual user conference in G...]]></description>
     <content:encoded><![CDATA[<p>Greenville, SC - - November 19, 2009 - - Customer Effective Inc., a Microsoft Inner Circle and Gold Certified Partner focused on Microsoft Dynamics CRM, recently hosted its annual user conference in Greenville, South Carolina, attracting more than 125 attendees representing more than 60 companies.  Attendees included representatives from companies in financial services, professional services, public sector, manufacturing, technology, as well as key executives from Microsoft, ExactTarget, Hoover&#39;s and Scribe. </p><p>Presentations were given by numerous successful CRM customers such as CAPTRUST Financial Advisors, Markel Corporation, Volvo Construction Equipment, AgFirst Farm Credit Bank, Scientific Games, and Comag Marketing Group. The conference offered a wide variety of breakout sessions on CRM portal development, advanced customization techniques, dashboarding and tips from Customer Effective&#39;s Microsoft CRM MVPs. </p><p>A special sneak preview of upcoming product capabilities for Microsoft Dynamics CRM was presented by Brian Galicia, Microsoft Product Manager. Brian highlighted Microsoft&#39;s roadmap for the Dynamics CRM product and previewed upcoming product releases in 2010.  </p><p>&#39;The user conference was fun, engaging, and nicely done to say the least,&#39; said Kerry Benson, Managing Director/Chief Information Officer of Public Financial Management Inc. &#39;The sense of enthusiasm for the Microsoft Dynamics CRM platform exhibited by conference attendees convinced me that customers are pleased with the benefits and value they&#39;re receiving from their investment in CRM.  I left the conference encouraged that my decision to invest in this strategic platform and engage Customer Effective as my implementation partner was indeed the right one.&#39;</p><p>&#39;We had already implemented a large part of our system before attending the conference, so although I was happy to attend with my team, I had no idea how much we would benefit,&#39; said Allison Denlea, Business Process Supervisor at Markel Corporation. &#39;The conference was a great resource for networking with other CRM users and learning what other Customer Effective customers have done helped bring a new perspective and focus to the Markel CRM project.  We greatly benefited from sending the project team to the conference and we look forward to attending next year!&#39; </p><p>&#39;Our goal in hosting our annual User Conference is to provide a platform for our customers, partners and consultants to share ideas on how to leverage Microsoft Dynamics CRM to drive business success,&#39; said Scott Millwood, CEO of Customer Effective. &#39;While our team of experts certainly have a lot to share about how to best leverage Microsoft CRM, it was really our customer presentations and round table discussions that made the 2009 conference a big hit. These were lively and collaborative sessions featuring real world stories that help shine a light on the best ways to be successful with CRM. We look forward to doing this again in 2010.&#39;</p><p>A video highlighting the conference can be viewed here:  <a href="http://www.customereffective.com/2009_User_Conf_Video" target="_blank">http://www.customereffective.com/2009_User_Conf_Video</a></p><p>About Customer Effective</p><p>Customer Effective, with headquarters in Greenville, S.C., is a leading innovator in customer interaction solutions based on Microsoft Dynamics Customer Relationship Management (CRM).  The company is a Microsoft Gold Certified Partner, CRM Consultant and Solution Implementer having completed hundreds of Microsoft CRM implementations and development projects.  Recent CRM and Microsoft awards include recognition as the 2009 Microsoft Dynamics Financial Services Partner of the Year, being named to the 2009 Microsoft Dynamics President&#39;s Club, recipient of the 2008 and 2009 Microsoft Dynamics Inner Circle distinction, and member of the 2008 Inc. 500 list.   For more information, visit <a href="http://www.CustomerEffective.com" target="_blank">www.CustomerEffective.com</a>. </p><p>#	#	#<br /></p><p>&mdash; WebWireID108144 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=COS">Commercial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=INS">Insurance</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=RLT">Real Estate</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/XSSGQS-YJp8" height="1" width="1"/>]]></content:encoded>
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     <title>Postponing Financial Decisions Can Be Costly, with No 'Do-Overs'</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108104</link>
     <pubDate>Thu, 19 Nov 2009 13:07:14 EST</pubDate>
     <description><![CDATA[MassMutual policyholders offer advice, share consequences -   -  (Springfield, MA) - When the Strunck family of Charlotte, North Carolina, recently sought to update their financial plans, they discovered ...]]></description>
     <content:encoded><![CDATA[<p>MassMutual policyholders offer advice, share consequences</p><p>(Springfield, MA) - When the Strunck family of Charlotte, North Carolina, recently sought to update their financial plans, they discovered that the intervening years and changes in their medical histories had limited their planning choices and increased their challenges.</p><p>For the Struncks, whose need for planning is heightened by their son having autism, the lesson was clear: &#39;Don&#39;t put these decisions off, because your family&#39;s well-being could be at risk,&#39; said Mike Strunck.</p><p>&#39;Thank goodness we were proactive with our early planning,&#39; he added. &#39;Given some recent health issues, if we had waited, we might not have been able to put in place the plan that we did. We probably would have had to pay more for the policies we obtained, or not have been able to obtain them at all. We&#39;re grateful we got started when we did, and now we&#39;re even more grateful given our ability to tap the cash value of our whole life insurance policy* as the result of a recent job relocation and inability to sell our home.&#39;</p><p>Despite such cautionary tales, many people put off making important financial decisions without realizing that stalling and procrastination can put them in harm&#39;s way.</p><p>&#39;The worst thing that can happen is for you to look back in hindsight and say, &#39;I should have taken care of that,&#39; because, needless to say, we don&#39;t get do-overs,&#39; said Tara Reynolds, corporate vice president, Massachusetts Mutual Life Insurance Company (MassMutual).</p><p>A delay in purchasing life insurance can &#39;cost&#39; a consumer in one of at least three ways, according to Reynolds:</p><p>1. As you get older, the cost of purchasing a life insurance policy increases. &#39;Putting off the purchase of life insurance for even one year could cost tens of thousands of dollars more over the life of the policy,&#39; said Reynolds.</p><p>2. If you develop health problems, a new life insurance policy can cost you even more, as premiums reflect your deteriorating health.</p><p>3. If your health condition is serious or life threatening, you could be denied life insurance coverage altogether.</p><p>The same is true for disability income and long term care insurance. In fact, a study conducted by the American Association for Long Term Care Insurance in 2008 found that 70 percent of submitted life/long term care insurance combo policy applications by individuals between the ages of 45 and 54 were accepted by insurers, compared to around 61 percent of applicants between ages 65 and 74.</p><p>&#39;Many people neglect to think about one &#39;hidden&#39; consequence of losing or changing a job,&#39; said Reynolds. &#39;Most people may think about health insurance, but forget that life insurance and even disability insurance coverage may end the minute they walk out the door. If their employer-provided coverage is all that they have to rely on, they may be left exposed. Planning ahead with permanent insurance solutions can help solve for this and provide options.&#39;</p><p>Health problems that crop up while waiting to begin or refresh planning can also create difficulties. When it came time to develop his family&#39;s financial plans, another MassMutual policyholder (who asked that his full name not be used for privacy purposes) shared that one of the important decisions was purchasing life insurance to provide for his wife and two children. Convertible term life insurance made the most sense at the time so that he could convert his temporary coverage to permanent as his needs and budget changed. He and his financial professional had the foresight to include a safeguard: a waiver of premium rider** should he become disabled and unable to pay for the premiums for his policy.</p><p>Years later, the policyholder was diagnosed with a degenerative eye disorder, the kind of health change that many Americans undergo but one that, once diagnosed, can make obtaining insurance more costly or &#8211; in the worst cases &#8211; impossible.</p><p>&#39;I hate to think of the difficult spot we&#39;d be in today if we had put off our planning,&#39; he said. &#39;The choices my wife and I made just a few short years ago helped make sure our family has a permanent safety net, regardless of how my eye condition progresses, and that&#39;s incredibly important as our family grows.&#39;</p><p>People often put off planning because they don&#39;t know where or how to begin, or they don&#39;t believe they can afford to implement the plan. Working with a Financial Professional can clarify options and help with decision-making. &#39;You cannot afford to avoid or neglect planning. That&#39;s not an option, especially today,&#39; said Reynolds. &#39;If nothing else, our current economy has taught many people that they need to be proactive in setting up safety nets to protect what they have, and to take control over what they can control for their financial health today and tomorrow.&#39;</p><p>Because health and life circumstances can change abruptly and without warning, choosing permanent insurance, such as whole life insurance, can be a smart choice. As long as policyholders pay their premiums, the insurance coverage remains in force, creating a permanent yet flexible base for a long-range plan that includes guarantees of cash value growth, ability to earn dividends,*** and a generally tax-free death benefit.</p><p>To hear from other MassMutual policyholders or if you are a policyholder and would like to tell us your story, visit <a href="http://www.massmutual.com/customervoices" target="_blank">www.massmutual.com/customervoices</a>.</p><p><br />* Distributions under a policy (including cash dividends, withdrawals and partial/full surrenders) are not subject to taxation up to the amount paid into the policy (the cost basis). If the policy is a Modified Endowment Contract, policy loans and/or distributions are taxable to the extent of gain and are subject to a 10% tax penalty. Access to cash values through borrowing, withdrawals or partial surrenders can reduce the policy&#39;s cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.</p><p>** Riders are available at an additional cost.</p><p>*** Dividends are not guaranteed.</p><p>&mdash; WebWireID108104 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=INS">Insurance</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/Qnkt2Yiu1cM" height="1" width="1"/>]]></content:encoded>
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     <title>Intel Capital Announces Seven Investments at 10th Annual CEO Summit</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108077</link>
     <pubDate>Thu, 19 Nov 2009 11:18:14 EST</pubDate>
     <description><![CDATA[ -  News Highlights -   -      * Seven new Intel Capital investments span three continents and total approximately $25 million. -      * Ten new follow-on deals are also announced. -      * The 10th annual Inte...]]></description>
     <content:encoded><![CDATA[<p><br />News Highlights</p><p>    * Seven new Intel Capital investments span three continents and total approximately $25 million.<br />    * Ten new follow-on deals are also announced.<br />    * The 10th annual Intel Capital CEO Summit fosters learning, company-building and innovation.</p><p> </p><p>HUNTINGTON BEACH, Calif.,  Intel Capital, Intel Corporation&#39;s global investment organization, reaffirmed its dedication to foster worldwide innovation with the announcement of seven new investments. The new deals, which span three continents and total approximately $25 million, were announced today at the 10th annual CEO Summit, Intel Capital&#39;s gathering of portfolio company CEOs, corporate innovators, academics and thought leaders from around the world.</p><p>The new investments, almost all led by Intel Capital, include U.S.-based Joyent (cloud computing) and Active Storage (RAID storage systems for Apple* users), Korea-based Crucialtec (optical modulation technology), Taiwan-based Gudeng Precision Industrial Co (semiconductor front-end equipment manufacturing), Japan-based V-cube (Web-based videoconferencing systems), China-based Phoenix New Media (Web information portal) and United Arab Emirates-based NeuString (telco pricing analytics software).</p><p>&#34;Innovation does not stop during economic slowdowns,&#34; said Arvind Sodhani, president of Intel Capital and Intel executive vice president. &#34;New technologies are the drivers of growth that help lead economies back to prosperity, and Intel Capital continues to be a leading investor in companies pioneering such advancement. These new and follow-on investments in companies at various stages of development and geographies demonstrate Intel Capital&#39;s unwavering commitment to invest in technology innovation globally.&#34;</p><p>At the CEO Summit Intel Capital also highlighted 10 new follow-on deals that have closed or have been signed pending satisfaction of closing conditions, demonstrating Intel Capital&#39;s commitment to provide continued support for its portfolio companies. These deals include Argentina-based Vostu (social gaming), Israel-based Safend (endpoint security provider), China-based China Digital Video Limited (video equipment and network solution provider), U.S.- and China-based Verisilicon Holdings (design foundry), U.K.-based picoChip (baseband silicon for 3G femtocells and WiMAX infrastructure), India-based Financial Information Network &#38; Operations Pvt. Ltd. (biometric smartcard enabled banking solutions), India-based Wortal, Inc (local entertainment events portal, Buzzintown.com) and U.S.-based Sendmail (messaging infrastructure provider) and Zend Technologies (PHP Company). Intel Capital also recently announced a $50 million investment in Clearwire.</p><p>Details on the new investments include:</p><p>Joyent, Inc. (Sausalito, Calif.) provides cloud computing infrastructure and services to help customers rapidly and efficiently develop, deploy and manage Web applications and sites, and to improve datacenter performance. Joyent&#39;s unique cloud computing technologies produce unprecedented performance, utilization rates, savings and security. Joyent will use the funding to accelerate its product development and for increased global expansion.</p><p>Active Storage (Los Angeles) provides a robust media storage platform for Apple-based infrastructures. The company&#39;s hardware RAID solutions are aimed toward the business and creative industries, particularly video post-production, broadcast, publishing, education and science. The company intends to focus this round of funding on R&#38;D and sales and marketing.</p><p>Crucialtec (Cheon-Ahn City, Korea) is a manufacturer of specialized input devices that utilize optical technology for mobile phones, smart phones and IPTV remote controllers. Crucialtec&#39;s Optical Trackball enables users to enjoy the full internet experience with mobile products as they do with a PC. Intel Capital&#39;s investment will help with the development of a new generation of mobile solutions for the global market by providing Crucialtec with additional working capital.</p><p>Gudeng Precision Industrial Co (Taipei, Taiwan) is a semiconductor front-end equipment manufacturer that helps customers enhance product yield and reduce production cost by providing customized products with innovative design concepts. Presently, Gudeng Precision is the world&#39;s leading photomask and wafer handling total solution provider, and the company&#39;s products are accepted and certificated by worldwide tier-one customers. Gudeng Precision will use the funding to expand business in China and enhance working capital.</p><p>V-Cube (Tokyo) develops and markets Web-based videoconferencing systems. Its flagship &#34;nice to meet you&#34; service enables one-to-one, one-to-many, and many-to-many interactive real-time communications and on-demand services over the Internet. Currently, V-cube is the largest service provider in Japan for Web-delivered visual communications. The investment will be used to further optimize the service for access from mobile Internet devices and netbooks, and to stream high-quality video over WiMAX wireless broadband networks.</p><p>NeuString (Dubai, UAE) delivers predictive analytics software and consulting services to mobile network operators, helping companies to achieve greater financial performance. The NeuString Optiprizer software allows operators to optimize pricing, reduce leakage and get real-time reporting on operational metrics. The investment from Intel Capital will be used for sales and marketing build-out and new product development.</p><p>Phoenix New Media (Beijing) provides dedicated and comprehensive portals to well-educated Chinese audiences of over 100 million. The portals, which are available on internet and mobile platforms, provide news and information generated from in-depth interviews, commentary columns, and social networks. The key features offered by Phoenix New Media help address Chinese netizens&#39; diverse needs on information, expression, interaction and entertainment.</p><p>In addition, Onkyo Corporation, a Japanese corporation listed on Jasdaq Securities Exchange, announced yesterday that its board of directors has approved the issuance to Intel Capital of a bond having a face value of &#165;600 million, approx. US$6.6 million at today&#39;s exchange rates, convertible into common shares of Onkyo at Intel Capital&#39;s option and a warrant to purchase common shares of Onkyo. The convertible bond and the warrant would be issued to Intel Capital in December, subject to compliance with securities procedures and satisfaction of customary closing conditions.</p><p>The CEO Summit, in its 10th anniversary year, provides Intel Capital portfolio companies with company-building, deal-making, customer sourcing and learning opportunities through keynote presentations, expert panel discussions and more than 500 matchmaking meetings between portfolio company CEOs and industry executives. This year&#39;s Summit, held through Wednesday at the Hyatt Regency Huntington Beach (Calif.), will host more than 600 CEOs from Intel Capital&#39;s investment portfolio companies and executives from some of the largest Global 2000 companies.</p><p>Intel Capital CEO Summit 2009 is sponsored by KPMG International, Credit Suisse, Gibson, Dunn &#38; Crutcher LLP, Morrison &#38; Foerster LLP, Capgemini, Dubai Silicon Oasis Authority, Korn/Ferry International, Needham &#38; Company, LLC, NYSE Euronext, and SVB Financial Group.</p><p>&mdash; WebWireID108077 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/xvrC8qNsx8M" height="1" width="1"/>]]></content:encoded>
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     <title>UFX Bank selects Divisa Capital, LP to provide Tier 1 Currenex Liquidity</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108047</link>
     <pubDate>Thu, 19 Nov 2009 11:10:30 EST</pubDate>
     <description><![CDATA[UFX Bank, a leading provider of online forex trading, has selected Divisa Capital, LP to provide tier 1 liquidity available through the Divisa Capital Currenex hub. UFX Bank will now have access to th...]]></description>
     <content:encoded><![CDATA[<p>UFX Bank, a leading provider of online forex trading, has selected Divisa Capital, LP to provide tier 1 liquidity available through the Divisa Capital Currenex hub. UFX Bank will now have access to the same multi-bank liquidity available to leading financial institutions throughout the world. </p><p>UFX Bank a leading online forex dealer who offer their clients trading of over 200 currency pairs and commodities including gold and oil, realized just how important it is to have liquidity offered through such a well-trusted investment house. Safety and security are two of the most crucial factors in any dealing with clients.</p><p>Vincent Laforet, Vice President of Business Development for UFX Bank, states: &#39;We are very excited to have access to top tier liquidity and pricing provided by Divisa Capital. We feel that the price transparency and deep liquidity will lead to superior trade execution for our clients.&#39;</p><p>Michael Markarian, President of Divisa Capital, says: &#39;We are thrilled to be working with UFX Bank, a pioneering firm in the retail FX market.  UFX focuses on providing their clients with the tools and education necessary to be an informed trader.&#34;</p><p>About Divisa Capital LP:<br /><a href="http://www.divisafx.com" target="_blank">www.divisafx.com</a><br />Divisa Capital LP (&#39;DCFX&#39;) is an investment house that provides spot foreign exchange trading services to a diversified client base that ranges from financial institutions through to private individuals.</p><p>About UFX Bank:<br /><a href="http://www.ufxbank.com" target="_blank">www.ufxbank.com</a><br />UFX Bank, who have already become a brand name amongst Forex traders have built their brand on a very simple and quick execution turnaround. It is this simplicity that has shot this brokerage firm to the hearts and minds of traders across the globe. UFX Bank offer instant execution on dozens of currency pairs, as well as Silver and Gold and Oil. UFX Bank give their customers full support and all the resources they need to make educated trades.<br /></p><p>&mdash; WebWireID108047 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OTC">OTC / SmallCap</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/F22x7dMHTM8" height="1" width="1"/>]]></content:encoded>
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     <title>Deutsche Bank pioneers order placing on FX options</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108063</link>
     <pubDate>Thu, 19 Nov 2009 10:23:24 EST</pubDate>
     <description><![CDATA[London, Deutsche Bank&#39;s award-winning electronic FX trading platform has launched the first FX options service that will automatically execute orders placed ahead of time at the required price. The ne...]]></description>
     <content:encoded><![CDATA[<p>London, Deutsche Bank&#39;s award-winning electronic FX trading platform has launched the first FX options service that will automatically execute orders placed ahead of time at the required price. The new service, called AutobahnFX Option Orders, will cut FX options execution costs and increase efficiency by ensuring that clients achieve the exact price they want, without having to watch the screens or run the risk of missing the correct pricing target.</p><p>Deutsche Bank is the first major bank to offer such a service, which is an important development for thousands of institutional, banking and corporate users of FX options. Through an easy to use order screen, clients can place orders which when filled will help them to achieve preferable FX options level.</p><p>Ian O&#39;Flaherty, global head of FX e-commerce at Deutsche Bank, said: &#34;Historically, organisations wishing to buy or sell FX options electronically could only do so at the rates being offered at the time. To trade at a particular price they had to monitor the screens constantly and then hope that they executed quickly enough. AutobahnFX Option Orders changes all that. Clients can be sure they&#39;re getting the best possible price - even if the best price only occurs for a milli second.&#34;</p><p>About Deutsche Bank</p><p>Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,530 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.</p><p><a href="http://www.db.com" target="_blank">www.db.com</a></p><p>&mdash; WebWireID108063 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=COS">Commercial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OTC">OTC / SmallCap</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/6LYgzbEgeNg" height="1" width="1"/>]]></content:encoded>
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     <title>Microinsurance provides opportunities for all</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108062</link>
     <pubDate>Thu, 19 Nov 2009 10:22:25 EST</pubDate>
     <description><![CDATA[Microinsurance, insurance for low income individuals, can play an important role in helping communities in developing countries mitigate and adapt to climate change, and to provide the security needed...]]></description>
     <content:encoded><![CDATA[<p>Microinsurance, insurance for low income individuals, can play an important role in helping communities in developing countries mitigate and adapt to climate change, and to provide the security needed to develop long term sustainability projects, according to Lloyd&#39;s, the world&#39;s largest specialist insurance.</p><p>In a new report produced by Lloyd&#39;s 360 Risk Insight and the Microinsurance Centre, Insurance in developing countries: exploring microinsurance and other commercial opportunities, the size of the potential market is estimated to be between 1.5 and 3 billion policies, with significant demand for a range of products, including health, life, agricultural and property insurance. Over 135 million people are currently covered with microinsurance which around 5 % of the potential market. Annual growth rates are currently over 10%.</p><p>Launching the report, Lloyd&#39;s Finance Director, Luke Savage, said:</p><p>    &#39;Bringing insurance to three billion low income individuals is a real opportunity to reduce poverty and give individuals the ability to invest in sustainable projects without the fear of loss from natural catastrophes or other destructive forces.</p><p>    &#39;&#39;But it is not a one way trade. There are benefits for commercial insurers too, which include larger and diversified risk pools, first mover advantage into new markets, market intelligence and innovations that can be applied to other business activities,&#39; he said.</p><p>The demand for microinsurance is set to rise on the back of the global recession, with 50-90 million people predicted to be plunged back in to poverty over 2009.</p><p>While recessionary pressures will influence the amount seeking microinsurance, the policies and business itself will be further shaped by numerous variables, including: economic growth; urbanisation; financial sector development; climate change; and information technology.</p><p>Mr Savage pointed out that the partnership between business and government in this field is not new, highlighting the success of government subsidised schemes.</p><p>The report looks at the role of regulation in building and improving the provision of microinsurance, including:</p><p>- Responding to the implications of limited data and information on policyholders and different risk structures.</p><p>- Ensuring that products are appropriate to the needs of low-income consumers in terms of coverage, structure and even language.<br />- Recognition and if necessary regulation of fast and cost-effective settlement mechanisms, which may include simpler documentation requirements and claims handling by the distribution channel</p><p>&mdash; WebWireID108062 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=INS">Insurance</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=LSS">Lifestyle / Society</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/36ENmcIUnLk" height="1" width="1"/>]]></content:encoded>
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     <title>Deutsche Telekom takes over Strato</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108061</link>
     <pubDate>Thu, 19 Nov 2009 10:21:36 EST</pubDate>
     <description><![CDATA[Deutsche Telekom will take over the webhosting provider Strato from the telecommunications company Freenet. A contract will be signed today in Berlin with Freenet AG on the acquisition of 100 percent ...]]></description>
     <content:encoded><![CDATA[<p>Deutsche Telekom will take over the webhosting provider Strato from the telecommunications company Freenet. A contract will be signed today in Berlin with Freenet AG on the acquisition of 100 percent of its shares in Strato AG and Strato Rechenzentrum AG. The companies&#39; supervisory boards approved the plan. The transaction is yet to be approved by the competition authorities.<br /> </p><p>&#34;This step boosts our position on the highly interesting market for hosting solutions,&#34; said Niek Jan van Damme, Member of the Board of Management of Deutsche Telekom for fixed-network and mobile business in Germany. &#34;Strato complements our activities in the hosting area perfectly and will make a positive contribution to net profit and free cash flow from the very first day of consolidation,&#34; said van Damme.<br /> </p><p>The transaction will make Deutsche Telekom number two for webhosting products in Germany. Strato&#39;s products, which include e-mail, websites, blogs, and online shops as well as data storage services on physical and virtual servers, are primarily aimed at consumers and small business customers. The Berlin-based company operates around 4 million hosted domains and employs 502 staff.</p><p> </p><p>This press release contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These also include statements on market potential, statements on finance guidance, as well as on the dividend outlook. They are generally identified by the terms &#34;expect,&#34; &#34;anticipate,&#34; &#34;believe,&#34; &#34;intend,&#34; &#34;estimate,&#34; &#34;aim for,&#34; &#34;goal,&#34; &#34;plan,&#34; &#34;will,&#34; &#34;strive for,&#34; &#34;outlook&#34; or similar expressions and often include information that relates to net revenue expectations or targets for adjusted EBITDA, profit or loss, earnings performance, and other indicators, as well as personnel-related measures and workforce adjustments. Forward-looking statements are based on current plans, estimates and projections. They should therefore be considered with caution. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond Deutsche Telekom&#39;s control, including those described in the sections &#34;Forward-Looking Statements&#34; and &#34;Risk Factors&#34; of the Company&#39;s Form 20-F annual report filed with the U.S. Securities and Exchange Commission. Among the relevant factors are the progress of Deutsche Telekom&#39;s workforce reduction initiative, the restructuring of operating activities in Germany, and the impact of other significant strategic or business initiatives, including acquisitions, dispositions, business combinations, and cost reduction measures. In addition, regulatory decisions, stronger than expected competition, technological change, litigation and regulatory developments, among other factors, may have a material adverse effect on costs and revenue development. Furthermore, changes in the economic and business environments &#8211; for example, the current economic slump &#8211; in markets where we, our subsidiaries and affiliates operate, the enduring instability and volatility on the global financial markets, as well as exchange rate and interest rate fluctuations can also adversely affect our business development and the availability of capital at favorable terms. If these or other risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, Deutsche Telekom&#39;s actual results may be materially different from those expressed or implied by such statements. Deutsche Telekom can offer no assurance that its expectations or targets will be met. Deutsche Telekom does not assume any obligation to update forward-looking statements to take new information or future events into account or otherwise. Deutsche Telekom does not reconcile its adjusted EBITDA guidance to a GAAP measure because it would require unreasonable effort to do so. As a rule, Deutsche Telekom does not predict the net effect of future special factors due to their uncertainty. Special factors and interest, taxes, depreciation and amortization (including impairment losses) can have a significant effect on Deutsche Telekom&#39;s results.</p><p>In addition to figures prepared in accordance with IFRS, Deutsche Telekom presents non-GAAP financial performance measures, including EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, adjusted EBT, adjusted net profit, free cash flow, gross debt and net debt. These non-GAAP measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with IFRS. Non-GAAP financial performance measures are not subject to IFRS or any other generally accepted accounting principles. Other companies may define these terms in different ways. For further information relevant to the interpretation of these terms, please refer to the chapter &#34;Reconciliation of pro forma figures&#34; posted on Deutsche Telekom&#39;s website (<a href="http://www.telekom.com" target="_blank">www.telekom.com</a>) under the link &#34;Investor Relations.&#34;</p><p>&mdash; WebWireID108061 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=COS">Commercial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ITE">Internet Technology</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=TLS">Telecommunications</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/BvTIGXRuRbk" height="1" width="1"/>]]></content:encoded>
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     <title>deVere Group graduates successfully complete first graduate training and development programme</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=108021</link>
     <pubDate>Wed, 18 Nov 2009 12:08:52 EST</pubDate>
     <description><![CDATA[Further to the launch of its graduate training scheme in June 2009, the deVere Group, the world&#39;s largest financial consultancy group is pleased to announce that the first course was completed success...]]></description>
     <content:encoded><![CDATA[<p>Further to the launch of its graduate training scheme in June 2009, the deVere Group, the world&#39;s largest financial consultancy group is pleased to announce that the first course was completed successfully. <br />The graduates, who received in-house training over a period of four months, recently became fully-qualified professional advisers. </p><p>The first in a series of graduate programmes kicked off earlier this year in order to train graduates to full financial planner status.  The scheme aims to provide young professionals with in-depth knowledge of the industry and equip them with the adequate skills to become trusted and well-informed financial advisers. &#39;We enjoyed having the graduates on board and believe it was a positive experience for the company as a whole. We look forward to rolling out many more successful courses in the future&#39; commented Nigel Green, CEO for the deVere Group.</p><p>Graduates obtain the industry-recognised Certificate in Financial Planning. Upon completion of the course, they are offered the opportunity to join one of the group&#39;s forty offices worldwide. The next graduate course is due to start in Q1 2010. </p><p>About the deVere Group</p><p>The deVere Group is the world&#39;s largest independent international financial consultancy group. International investors and expatriates employ us to find financial services products that suit their medium to long term requirements for investments, savings and pensions. With in excess of US$7 billion of funds under administration and management, deVere has more than fifty thousand clients in over a hundred countries. Our independence and ability to offer financial products that are tailor-made to fit an individual&#39;s needs are behind our success. As a result we now have offices in over forty countries. You can find us in Abu Dhabi, Brussels, Dubai, Geneva, Hong Kong, Johannesburg, London, Mexico, Moscow, Shanghai, Tokyo and Zurich, amongst others. </p><p>Please visit <a href="http://www.devere-group.com" target="_blank">http://www.devere-group.com</a> for more information about the deVere Group.<br /></p><p>&mdash; WebWireID108021 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/CIuh8Q7ySdg" height="1" width="1"/>]]></content:encoded>
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     <title>New Tax Provision And Return Integration That Works The Way You Do</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107998</link>
     <pubDate>Wed, 18 Nov 2009 09:37:55 EST</pubDate>
     <description><![CDATA[Thomson Reuters introduces the first dynamic out-of-the-box provision and return integration functionality with one-to-many and many-to-one data transfer -   -  Effectively integrating the provision and r...]]></description>
     <content:encoded><![CDATA[<p>Thomson Reuters introduces the first dynamic out-of-the-box provision and return integration functionality with one-to-many and many-to-one data transfer</p><p>Effectively integrating the provision and return processes has long been one of the key pain points for corporate tax departments &#8211; until now. The Tax &#38; Accounting business of Thomson Reuters is introducing Enhanced Provision and Return Integration to relieve these pain points and significantly streamline corporate tax workflow.</p><p>&#39;The tax provision and the tax return are reported according to different levels of detail, at different times, and for different purposes,&#39; said Joe Harpaz, senior vice president and general manager of ONESOURCE&#8482; TaxStream Provision at Thomson Reuters. &#39;Our enhanced integration benefits users of our leading corporate income tax and provision software solutions through sophisticated, yet simple, integration that solves the challenge of the incompatibility of data detail between a tax provision and tax return. As a result, we&#39;ve automated tasks that are typically manual and redundant in nature, thereby allowing tax professionals to devote more time to value-adding tax analysis and planning.&#39;</p><p>The new enhanced integration can break out a single line item in ONESOURCE TaxStream Provision into multiple line items in ONESOURCE Income Tax and vice versa. Likewise, it can consolidate multiple line items on a return into a single line item on the provision and vice versa.</p><p>&#39;This revolutionary solution effectively generates specific detail levels needed for each process,&#39; said Steve Mendelsohn, senior vice president and general manager of ONESOURCE Income Tax at Thomson Reuters. &#39;We&#39;re excited to present the first ever solution with one-to-many and many-to-one data transfer and a solution that can considerably improve the efficiency and accuracy of a tax department.&#39;</p><p>The new enhanced integration of ONESOURCE TaxStream Provision and ONESOURCE Income Tax enables tax professionals to:</p><p>    * dramatically automate manual processes and improve efficiencies during every stage of the tax lifecycle;<br />    * compare a filed tax return from ONESOURCE Income Tax with the prior year annual provision from ONESOURCE TaxStream Provision, then post the delta to the current year annual provision;<br />    * feed trial balance data, book-tax differences, and pre-tax book income from ONESOURCE TaxStream Provision to ONESOURCE Income Tax to get a head start on the return;<br />    * automatically send state rate and apportionment data from ONESOURCE Income Tax to ONESOURCE TaxStream Provision to generate state-specific provision reports.</p><p>The enhanced integration will be available on Dec. 1 to all customers of ONESOURCE Income Tax (formerly InSource) and ONESOURCE TaxStream Provision (formerly TaxStream).  &#39;We continue to make major strides in enhancing the functionality of our market leading corporate tax products and specifically in the integration across products, thereby enabling our customers to further leverage their investment in Thomson Reuters solutions,&#39; said Harpaz.</p><p>ONESOURCE TaxStream Provision is a global provision platform that seamlessly integrates with General Ledger and Return Systems, ONESOURCE TaxStream Provision automatically generates all calculations, reports, and documentation to satisfy tax planning, provision and audit requirements. Built-in user controls, audit trails, and guaranteed calculations generate SOX compliant tax footnote reports. Automated interim reporting, state provisions, estimates and extensions, journal entries, deferred balance tracking, tax basis balance sheet management and integrated analysis of uncertain tax positions are all calculated using one consolidating software.</p><p>ONESOURCE Income Tax is a complete tax management solution that seamlessly integrates federal, state, local, and international income tax compliance and management for corporate enterprises with multinational operations. ONESOURCE Income Tax also provides comprehensive solutions for insurance companies, partnerships, and fixed asset management.</p><p>Additional information can be obtained by visiting <a href="http://www.onesourceprovisionandreturnintegration.com" target="_blank">www.onesourceprovisionandreturnintegration.com</a> or calling 201-356-6519.</p><p>About Thomson Reuters</p><p>Thomson Reuters is the world&#39;s leading source of intelligent information for businesses and professionals.  We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world&#39;s most trusted news organization.  With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. For more information, go to <a href="http://www.thomsonreuters.com" target="_blank">www.thomsonreuters.com</a>. </p><p>The Tax &#38; Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Tax &#38; Accounting includes the Corporate Software &#38; Services, Professional Software &#38; Services, and Research &#38; Guidance business groups.</p><p>&mdash; WebWireID107998 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=STW">Computer Software</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=LAW">Legal Issues</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=PUB">Publishing / Information Services</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/FodPQfrP474" height="1" width="1"/>]]></content:encoded>
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     <title>Sacramento Business and Estate Planning Attorney Robin Bevier to speak at Economic and Investment Outlook Update, Fair Oaks, CA,  Friday, November 20th</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107956</link>
     <pubDate>Tue, 17 Nov 2009 22:37:15 EST</pubDate>
     <description><![CDATA[Sacramento, CA -- Sacramento area estate planning attorney Robin Bevier will be a featured speaker this week at the &#39;Economic and Investment Outlook Update&#39; presented by financial advisors, Nathan Mah...]]></description>
     <content:encoded><![CDATA[<p>Sacramento, CA -- Sacramento area estate planning attorney Robin Bevier will be a featured speaker this week at the &#39;Economic and Investment Outlook Update&#39; presented by financial advisors, Nathan Mahnke and Kevin Nelson, with Thrivent Financial for Lutherans. The event is Friday, November 20th, from 6:30 to 8:30 PM at the North Ridge Country Club, located in Fair Oaks, CA. </p><p>Ed Browning, Regional Specialist with Thrivent Financial, will discuss how the changing economy can impact investment markets, and how emotions affect financial decisions. Bevier will touch on opportunities for gifting and leverage in a down market.</p><p> &#39;Despite the recent market recovery, values for most investors remain below mid-2008 values, and real estate appears to have bottomed,&#39; said Bevier.  &#39;If there&#39;s a &#39;silver lining&#39; in this, it&#39;s the ability of the owner of an asset to gift all or some of that asset to their beneficiaries now, instead of after death, using the reduced values for gift tax purposes.   The appreciation that occurs after completion of the gift will not be subject to estate taxes after the death of the donor.&#39;</p><p>Thrivent Financial for Lutherans is a fraternal benefit society headquartered in Appleton, Wisconsin. <a href="http://www.thrivent.com" target="_blank">http://www.thrivent.com</a>.</p><p>Bevier has been an attorney specializing in estate planning and business planning in the greater Sacramento, California region for nearly 25 years and is a Certified Specialist in Estate Planning, Trust and Probate. She has been a member of the American Bar Association, Estate Planning Section, since 1985, and the Sacramento Bar Association since 1998. <a href="http://RobinBevier.com" target="_blank">http://RobinBevier.com</a></p><p>&mdash; WebWireID107956 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=LAW">Legal Issues</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=RLT">Real Estate</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/sSuQxaoHuBc" height="1" width="1"/>]]></content:encoded>
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     <title>Deutsche Bank named "Best Administrator for Small and Start up Hedge Funds" by HFM Week</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107945</link>
     <pubDate>Tue, 17 Nov 2009 14:00:03 EST</pubDate>
     <description><![CDATA[New York, Deutsche Bank&#39;s Alternative Fund Services, part of the bank&#39;s Trust &#38; Securities Services business in its Global Transaction Banking (GTB) division, recently won the &#34;Best Administrator for ...]]></description>
     <content:encoded><![CDATA[<p>New York, Deutsche Bank&#39;s Alternative Fund Services, part of the bank&#39;s Trust &#38; Securities Services business in its Global Transaction Banking (GTB) division, recently won the &#34;Best Administrator for Small and Start up Hedge Funds&#34; award from HFM Week.</p><p>HFM Week&#39;s US Service Provider Awards are designed to recognize companies that have outperformed their peer group over the course of 2008/2009. The awards are judged both quantitatively and qualitatively producing a final short-list of candidates that have demonstrated financial progress, growth and genuine innovation. Deutsche Bank was one of seven finalists and in HFM Week&#39;s words &#34;Deutsche Bank&#39;s Alternative Fund Services has continued to grow, demonstrating a sustained commitment to clients and quality product offering.&#34;</p><p>&#34;Winning Best Administrator for Small and Start up Hedge Funds is industry recognition for the high quality service we aim to provide and to our entire team which works diligently to serve the needs of our clients,&#34; said Chris Nero, Co-Head of Alternative Fund Services.</p><p>In addition, the Bank&#39;s Global Prime Finance business, within its Global Markets division, received the Prime Broking Innovation award.</p><p>About Deutsche Bank<br />Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,530 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.</p><p><a href="http://www.db.com" target="_blank">www.db.com</a></p><p>Deutsche Bank&#39;s Trust &#38; Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, provides fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets.  The Alternative Fund Services group provides a wide range of administrative and banking services to hedge funds, fund of funds, real estate funds, private equity funds and other alternative investment vehicles. Services include fund and portfolio accounting, net asset value calculations including pricing and valuation support, shareholder/investor services, liquidity lines, fund of funds custody and an investor reporting platform.</p><p>This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG London.</p><p>&mdash; WebWireID107945 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OTC">OTC / SmallCap</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/BS19mzLdcuI" height="1" width="1"/>]]></content:encoded>
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     <title>Inflation Concerns Continue to Drive Commodity Prices Up in October</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107922</link>
     <pubDate>Tue, 17 Nov 2009 12:32:07 EST</pubDate>
     <description><![CDATA[Commodities continued their upward momentum into October, posting positive performance across all index sectors. -   -  Christopher Burton, Co-Lead Portfolio Manager for the Credit Suisse Total Commodity ...]]></description>
     <content:encoded><![CDATA[<p>Commodities continued their upward momentum into October, posting positive performance across all index sectors.</p><p>Christopher Burton, Co-Lead Portfolio Manager for the Credit Suisse Total Commodity Return Strategy said, &#39;The commodities market continues to perform well as global markets remain on track for recovery. Despite minor losses in equity markets, performance remains positive year-to-date. Although commodities have recovered some of their losses from 2008, we continue to believe current prices offer an exceptional entry point into the asset class, especially as central banks announce their intention to maintain low interest rates, which could lead to the stockpiling of certain commodities.&#39;</p><p>Co-Lead Portfolio Manager, Andrew Karsh, added, &#39;As inflation has not yet developed in terms announced by government figures, the potential for unexpected inflation remains quite high. Considering the fact that commodities are a leading indicator of inflation, we believe the time to invest in commodities is now, well in advance of lagging indicators such as in increase in CPI.&#39;</p><p>The Dow Jones-UBS Commodity Index Total Return gained 3.28% in October as a result of positive performance from all sectors, bringing the year-to-date performance of the Index to 12.64%. Lean Hogs, continuing its positive performance from September, was the top performer in October, gaining 14.33% most likely due to the conclusion of China&#39;s ban on U.S. pork products. Gasoline also demonstrated strong performance this month, up 10.51%, because of a larger than expected reduction of stored gasoline. Sugar was the worst performer in October as it reversed its recent gains, declining 10.16% in October, but is still up significantly, 57.63%, for the year.</p><p>The Credit Suisse Total Commodity Return Strategy group periodically produces updates on relevant industry topics. For a copy of their latest whitepaper, &#39;Capitalizing on any Curve: Clarifying Misconceptions About Commodity Indexing&#39;, please click here or email <a href="&#109;&#97;&#105;&#108;&#116;&#111;:ir.betastrategies&#64;credit-suisse.com">ir.betastrategies&#64;credit-suisse.com</a>.</p><p>About the Credit Suisse Total Commodity Return Strategy<br />Credit Suisse&#39;s Total Commodity Return Strategy has been managed for fourteen years and seeks to outperform the return of a commodities index, such as the Dow Jones&#8211;UBS Commodity Index Total Return or the S&#38;P GSCI Total Return Index, using a quantitative commodity research process. Commodity index total returns are achieved through:<br />&#8226; Spot Return: price return on specified commodity futures contracts;<br />&#8226; Roll Yield: impact due to migration of futures positions from near to far contracts; and<br />&#8226; Collateral Yield: return earned on collateral for the futures.</p><p>About the Portfolio Managers<br />Christopher Burton, CFA, and Andrew Karsh are Co-Lead Portfolio Managers of the Credit Suisse Total Commodity Return Strategy. As of October 31, 2009 the team managed approximately USD 4.0 billion in assets globally.<br /></p><p>&mdash; WebWireID107922 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/YnRelTsizjI" height="1" width="1"/>]]></content:encoded>
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     <title>SmallCapNewsRelease:(OTCBB:VIVK) Stock Dividend Announced for Early December</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107908</link>
     <pubDate>Tue, 17 Nov 2009 12:03:02 EST</pubDate>
     <description><![CDATA[JERICHO, NY--(SmallCapNewsRelease)--November 17th, 2009, Vivakor, Inc. (OTCBB:VIVK) announced this morning an expected dividend of common shares of subsidiary HealthAmerica, Inc. Vivakor is an 84% sha...]]></description>
     <content:encoded><![CDATA[<p>JERICHO, NY--(SmallCapNewsRelease)--November 17th, 2009, Vivakor, Inc. (OTCBB:VIVK) announced this morning an expected dividend of common shares of subsidiary HealthAmerica, Inc. Vivakor is an 84% shareholder in HealthAmerica, Inc.</p><p>The expected record date of the dividend, subject to FINRA approval, is December 1, 2009. Shareholders of record will not be required to take action to receive the dividend of one common HealthAmerica share for every Vivakor, Inc. share owned.</p><p>For the full release, please visit <a href="http://finance.yahoo.com/news/Vivakor-Inc-Announces-Stock-prnews-2068203153.html?x=0&#38;.v=1" target="_blank">http://finance.yahoo.com/news/Vivakor-Inc-Announces-Stock-prnews-2068203153.html?x=0&#38;.v=1</a></p><p>SmallCapNewsRelease gainers are Semitool Inc (<a href="http://finance.google.com/finance?q=SMTL" target="_blank">NASDAQ:SMTL</a>) China Mediaxpres (AMEX:TMI-U) Salem Communications Corp (<a href="http://finance.google.com/finance?q=SALM" target="_blank">NASDAQ:SALM</a>) China Holdings (AMEX:HOL-U) Assured Guaranty (<a href="http://finance.google.com/finance?q=AGO" target="_blank">NYSE:AGO</a>) Poniard Pharma (<a href="http://finance.google.com/finance?q=PARD" target="_blank">NASDAQ:PARD</a>) Zoom Technologies (<a href="http://finance.google.com/finance?q=ZOOM" target="_blank">NASDAQ:ZOOM</a>) Union Bancshares (<a href="http://finance.google.com/finance?q=UNB" target="_blank">NASDAQ:UNB</a>)</p><p>SmallCapNewsRelease decliners are Kingsway Financial (<a href="http://finance.google.com/finance?q=KFS" target="_blank">NYSE:KFS</a>) Innotrac Corp (<a href="http://finance.google.com/finance?q=INOC" target="_blank">NASDAQ:INOC</a>) QuickLogic Corp (<a href="http://finance.google.com/finance?q=QUIK" target="_blank">NASDAQ:QUIK</a>) Flotek Industries (<a href="http://finance.google.com/finance?q=FTK" target="_blank">NYSE:FTK</a>) Pacific Sunwear (<a href="http://finance.google.com/finance?q=PSUN" target="_blank">NASDAQ:PSUN</a>) DRI Corp (<a href="http://finance.google.com/finance?q=TBUS" target="_blank">NASDAQ:TBUS</a>) North Valley Bancorp (<a href="http://finance.google.com/finance?q=NOVB" target="_blank">NASDAQ:NOVB</a>) SunPower Corp (<a href="http://finance.google.com/finance?q=SPWRB" target="_blank">NASDAQ:SPWRB</a>)</p><p>Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor&#39;s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid Small Cap News Release twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send No Faxes or emails.<br /></p><p>&mdash; WebWireID107908 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OTC">OTC / SmallCap</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/S-fLMdVdCIQ" height="1" width="1"/>]]></content:encoded>
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     <title>Thomson Reuters To Acquire Sabrix</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107886</link>
     <pubDate>Tue, 17 Nov 2009 09:53:48 EST</pubDate>
     <description><![CDATA[Tax &#38; Accounting business adds to ONESOURCE&#8482; corporate solutions for global transaction tax -   -  Thomson Reuters (NYSE: TRI;TSX: TRI), the world&#39;s leading source of intelligent information for businesse...]]></description>
     <content:encoded><![CDATA[<p>Tax &#38; Accounting business adds to ONESOURCE&#8482; corporate solutions for global transaction tax</p><p>Thomson Reuters (<a href="http://finance.google.com/finance?q=TRI" target="_blank">NYSE: TRI</a>;TSX: TRI), the world&#39;s leading source of intelligent information for businesses and professionals, today announced that its Tax &#38; Accounting business has signed a definitive agreement to acquire Sabrix, Inc, a leading global provider of transaction tax management software applications and related services. Headquartered in San Ramon, CA, with additional operations in Oregon and London, all 160 Sabrix employees will transfer into Tax &#38; Accounting upon the close of the transaction, which is expected in December 2009.</p><p>&#39;This acquisition fulfills our vision of delivering a comprehensive global solution for corporations in the area of transaction tax, especially companies with a multinational presence&#39; said Roy M. Martin, Jr., President and CEO of Tax &#38; Accounting. &#39;Sabrix offerings, which cover rates and rules for 170 countries, will be integrated with our existing local transaction tax software and services to form a total solution for corporate customers in the U.S., the U.K. and Europe.&#39;</p><p>Transaction tax, also known around the world as indirect tax, VAT, GST or sales &#38; use tax, trails only corporate and personal income taxes in its pervasiveness among country governments.</p><p>&#39;Sabrix applications can process an unlimited number of transactions, control audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance,&#39; said Brian Peccarelli, president of Corporate Software &#38; Services for Tax &#38; Accounting. &#39;Additionally, the Sabrix Managed Tax Service&#8482; offers finance departments of small-to-medium sized businesses an outsourced transaction tax compliance service.&#39;</p><p>&#39;We have collaborated with Thomson Reuters for years,&#39; said Steve Adams, president and CEO of Sabrix. &#39;We look forward to working alongside the well-known and respected brands of the Tax &#38; Accounting business, including ONESOURCE and Checkpoint&#174;, so that Sabrix clients can continue to achieve compliance with confidence in the most efficient and effective manner possible.&#39;</p><p>Terms of the transaction were not disclosed.</p><p>Thomson Reuters</p><p>Thomson Reuters is the world&#39;s leading source of intelligent information for businesses and professionals.  We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world&#39;s most trusted news organization.  With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto Stock Exchange (<a href="http://finance.google.ca/finance?q=TRI" target="_blank">TSX: TRI</a>) and New York Stock Exchange (<a href="http://finance.google.com/finance?q=TRI" target="_blank">NYSE: TRI</a>). For more information, go to <a href="http://www.thomsonreuters.com" target="_blank">www.thomsonreuters.com</a>.</p><p>The Tax &#38; Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Tax &#38; Accounting includes the Research &#38; Guidance, Professional Software &#38; Services, and Corporate Software &#38; Services business groups.</p><p>Cautionary Note Concerning Factors That May Affect Future Results:<br />This news release includes forward-looking statements that are based on certain assumptions and reflect Thomson Reuters current expectations.  Forward-looking statements are those that are not historical facts and include Thomson Reuters expectations about the proposed Sabrix acquisition. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations.  Some of the factors that could cause actual results to differ materially from current expectations include the need to satisfy conditions to closing, risks related to Tax &#38; Accounting&#39;s ability to successfully integrate the Sabrix business after the closing, and actions of Tax &#38; Accounting&#39;s competitors. Additional factors are discussed in the materials filed by Thomson Reuters from time to time with securities regulatory authorities. Thomson Reuters disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law, rule or regulation.</p><p>&mdash; WebWireID107886 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=FIN">Banking / Financial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=STW">Computer Software</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ECM">Electronic / Internet Commerce</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/KgKb1-g0y1Q" height="1" width="1"/>]]></content:encoded>
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     <title>Agfa Graphics to acquire assets of Gandi Innovations Holdings LLC., a leader in large format inkjet printing systems</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107848</link>
     <pubDate>Mon, 16 Nov 2009 13:01:02 EST</pubDate>
     <description><![CDATA[* Acquisition enables Agfa Graphics to significantly increase its presence in large format inkjet printing -      * Gandi&#39;s portfolio of mid-range large format printers is completely complementary to Ag...]]></description>
     <content:encoded><![CDATA[<p>* Acquisition enables Agfa Graphics to significantly increase its presence in large format inkjet printing<br />    * Gandi&#39;s portfolio of mid-range large format printers is completely complementary to Agfa Graphics&#39; inkjet business<br />    * The proposed transaction will allow Agfa Graphics to serve a large installed base.</p><p>Mortsel (Belgium) &#8211; Toronto (Canada) - Agfa Graphics announces that it has reached an agreement to acquire most of the assets of Gandi Innovations Holdings LLC&#39;s North American operations and the shares of its principal foreign subsidiaries.<br />Gandi Innovations is a global leader in large format inkjet systems.<br />Since May 2009, it has been operating under CCAA protection in Canada and Chapter 15 in the USA.<br />The acquisition is subject to regulatory and court approval and the successful closing of the transaction. The price of the transaction is not being disclosed at this point of time, but it will have no major impact on Agfa&#39;s financial debt.</p><p>Over the period 2001-2009, Gandi Innovations has created a large installed base of inkjet printing engines, reaching a sales peak of 127 million USD in 2008. Sales in 2009 have strongly suffered from the economic crisis (affecting in particular investment goods) and the uncertainty surrounding the company. Gandi Innovations&#39; long established team has a wealth of pioneering expertise and engineering excellence in large format printing technology. Gandi Innovations&#39; customers include many of the world&#39;s leading Point of Purchase and large format printing companies. Over the years, they have come to rely on the company&#39;s vision, reliability and cutting-edge technology.</p><p>Gandi Innovations was founded in 2001 and has its headquarters and its production facilities in Mississauga (Canada). The Group employs 256 highly skilled staff and operates worldwide through sales offices and distributors.</p><p>Combined with recent announcements on Agfa Graphics&#39; :M-Press Tiger industrial flatbed inkjet press and the launch of new printing engines in the :Anapurna large format range, the acquisition of the assets of Gandi Innovations strengthens Agfa Graphics&#39; leadership in large format inkjet printing systems.</p><p>&#34;The combination of Gandi Innovations&#39; products and Agfa Graphics&#39; products will result in substantial growth for our inkjet business based on an even more complete system portfolio,&#34; said Richard Barham, Agfa Graphics&#39; Vice President Inkjet. &#34;This is an important step in implementing our Inkjet growth strategy. As our own portfolio consists of entry-level and high-end inkjet systems, Gandi Innovations&#39; mid-range systems are a 100% complementary fit with our existing inkjet technology.&#34;</p><p>Gandi Innovations&#39; CEO and co-founder Hary Gandy added: &#34;Joining Agfa Graphics offers Gandi Innovations&#39; staff and customers tremendous opportunities for the future. The combined capabilities and coverage in customer service and research and development will accelerate the launch of new products, deliver new business opportunities and further expand our service to our customers.&#34;</p><p>More information on Agfa-Gevaert, Agfa Graphics and Gandi Innovations can be found on their respective websites: <a href="http://www.agfa.com" target="_blank">www.agfa.com</a> - <a href="http://www.gandinnovations.com" target="_blank">www.gandinnovations.com</a>.</p><p>&mdash; WebWireID107848 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=ART">Art / Graphics / Photography</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OFP">Office Products</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=PUB">Publishing / Information Services</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/2_2vMU1Ilzw" height="1" width="1"/>]]></content:encoded>
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     <title>Daimler AG and McLaren Group change form of their cooperation</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107827</link>
     <pubDate>Mon, 16 Nov 2009 11:18:58 EST</pubDate>
     <description><![CDATA[Stuttgart, Germany, Mercedes-Benz will enter the Formula 1 World Championship with its own team, beginning with the 2010 season, and Daimler AG and McLaren Group will change their form of cooperation ...]]></description>
     <content:encoded><![CDATA[<p>Stuttgart, Germany, Mercedes-Benz will enter the Formula 1 World Championship with its own team, beginning with the 2010 season, and Daimler AG and McLaren Group will change their form of cooperation with effect as of 13 November 2009. This was announced by Daimler AG today.</p><p>Daimler AG together with Aabar Investments PJSC will take over 75.1 per cent of the Brawn GP team, with Daimler taking 45.1 per cent and Aabar 30 per cent. The rest of the 24.9 per cent will remain with the current stakeholders. With 9.1 per cent, Aabar is the biggest single shareholder of Daimler AG. This transaction is subject to the approval of the EU and the Swiss cartel authorities.</p><p>The background to this decision are the new terms and conditions for Formula 1. The &#39;Resource Restrictions&#39; set by FOTA and FIA effectively limit expenditure for the design, construction and running of the racing cars. In addition, there will be a significantly higher income available for a Formula 1 team generated by the commercial rights of the racing series following the signing of the new Concorde Agreement.</p><p>The partnership between McLaren Mercedes has been in place since 1995 and ended its 15th joint Formula 1 season in 2009. The change to the form of cooperation is taking place by mutual agreement. Mercedes-Benz and McLaren will continue to cooperate with each other and the supply of engines could continue until 2015.</p><p>The McLaren Group have set themselves new targets, especially in the automo-tive sector, and Daimler understands and respects these new strategic objectives. For this reason, it has been agreed that the buy-back by the McLaren Group of the 40 per cent McLaren share owned by Daimler AG will be completed by 2011.</p><p>By taking this decision, Mercedes-Benz resumes its marvellous motor racing history on the 75th anniversary of the Silver Arrows, the world&#39;s most unique racing cars. Mercedes wants to continue the tradition in the style of these flawless Silver Arrows, which put their stamp on each era by winning the majority of the races they competed in.</p><p>&#39;Mercedes-Benz is the most valued and best-known premium automotive brand in the world. This brand looks for competition of the utmost quality in all relevant fields in order to continually improve its performance in the face of such new challenges&#39;, explains Dr. Dieter Zetsche, CEO of Daimler AG and Head of Mercedes-Benz Cars. &#39;Due to the new Formula 1 environment, we will face the competition in future on the most important motor sports stage with our own Silver Arrow works team. Our new Silver Arrow Formula 1 team is a great sporting and technical challenge and we will tackle this with sporting spirit and full of enthusiasm.&#39;</p><p>Mercedes-Benz will restructure their Formula 1 programme and work hard to achieve further savings, going beyond the already completed steps for significant cost reductions and improved efficiency.</p><p>Since 1995, the beginning of the partnership, McLaren and Mercedes-Benz have competed in 256 Grand Prix events and have achieved 60 victories. In 1998, 1999 and 2008, the British-German team won the drivers&#39; World Championships, as well as the World Constructors&#39; Championship in 1998. The McLaren Mercedes team became runner-up in the World Championships ten times, with five times in the drivers&#39; and constructors&#39; rankings respectively.</p><p>After winning the drivers&#39; title with Lewis Hamilton last year, Vodafone McLaren Mercedes finished third in the World Constructors&#39; Championships this year. The 2008 World Champion won two races with his current car, the MP4-24, achieving a first historic victory with the brake energy-recovery system, KERS Hybrid. No other driver scored more points in the last eight races from the season&#39;s total of 17 races than Lewis Hamilton.</p><p>&#39;I want to thank McLaren for a successful collaboration over the last decade and a half&#39;, says Dr. Dieter Zetsche, CEO of Daimler AG and Head of Mercedes-Benz Cars. &#39;For the benefit of both Mercedes and McLaren, we will continue our partnership cooperation in future. We will be rivals on-track but, off-track, we will co-operate with McLaren and the other teams in order to create the best possible product for spectators worldwide.&#39;</p><p>&#39;We look back on 15 successful years of great collaboration with McLaren; in that time, we won four world-championship titles and finished ten times as runner-up in the drivers&#39; and constructors&#39; rankings,&#39; states Norbert Haug, Vice-President Mercedes-Benz Motorsport. &#39;Since the first victory in the 1997 Australian Grand Prix, the modern Silver Arrows have achieved a total of 60 victories in 223 races to ensure that our brand symbol, the star, stands for the greatest successes in Formula 1. We thank our partner and will continue to work with McLaren based on an excellent partnership.&#39;</p><p>Mercedes Grand Prix, the management team of the former Brawn GP team, will continue to work under the leadership of Ross Brawn, who will continue in his well-known role. The Formula 1 team, as well as the engine team of Mercedes-Benz High Performance Engines, will be co-ordinated by Mercedes-Benz Mo-torsport, headed by their Vice-President, Norbert Haug.</p><p>&#34;Brawn GP has been through an incredible journey over the last 12 months. From fighting for our survival to forging a strong relationship with Mercedes-Benz High Performance Engines, winning both the Constructors&#39; and Drivers&#39; World Championships, and now accepting Daimler and Aabar&#39;s offer to buy our team, which will secure its future&#39;, Team Principal Ross Brawn looks back on a difficult beginning of the year which eventually turned into an extremely successful season.<br />&#34;Both I and my fellow Directors at Brawn GP are incredibly proud of our staff, drivers and everyone associated with our team and thank them for their commit-ment, outstanding teamwork and their focus on achieving results in sometimes difficult circumstances. The senior management group will remain in place to lead our team and on behalf of everyone at Brawn GP, we are honoured to be rep-resenting such a prestigious brand as Mercedes-Benz in Formula One next year and will be working together to do our best to reward their faith in our team.&#34;</p><p>The new Silver Arrow team, Mercedes Grand Prix, will compete in Formula 1 as a works team in its own right. Synergies between the 100 per cent Daimler-owned subsidiary Mercedes-Benz High Performance Engines in Brixworth, UK, and the Mercedes Grand Prix team based about 28 miles from there in Brackley in the UK, will create even greater efficiency.</p><p>It is our target to develop a model for our Formula 1 activities which will initially be run with significantly reduced budgets by Mercedes-Benz and which, in the foreseeable future, will be self-financing&#39;, comments Norbert Haug. </p><p>&#39;Further-more, we naturally want to inspire our faithful spectators and TV viewers world-wide and maximize media coverage for our brand. With Formula 1, Mercedes-Benz can continue to clearly demonstrate its willingness to compete and win on the most important motor sports competition stage in the world.&#39;</p><p>Khadem Al Qubaisi, Chairman, Aabar Investment PJSC comments: &#34;Aabar is delighted to join forces with Daimler AG and its world leading brand Mercedes-Benz in order to create a new Formula One Team which follows in the footsteps of the longstanding and successful tradition of the famous &#39;Silver Arrows&#39;.<br />&#39;Ever since Aabar became the largest shareholder in Daimler AG, the cooperation between our two organisations has been exemplary, and we have already co-invested in Tesla. Aabar is confident that further successes will follow in this arena.</p><p>&#39;Bearing in mind the recent outstanding success of the Abu Dhabi GP, which brought Formula One to the United Arab Emirates for the first time, it is espe-cially exciting to realise that next year, our own cars will be in the field, with the genius of Ross Brawn, who is still deeply involved with the team, now backed by the unrivalled excellence of Mercedes-Benz across the entire spectrum of automotive technology. It is a fantastic prospect, which makes me both pleased and proud for my country.&#39;</p><p>&mdash; WebWireID107827 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=ADV">Advertising / Marketing</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=AUT">Automotive</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENT">Entertainment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=SPT">Sports</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Financial-Markets/~4/XTPp7g8VUns" height="1" width="1"/>]]></content:encoded>
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