plus 3, AUTO RACING PACKAGE: Auto Racing Glance - The Ledger |
- AUTO RACING PACKAGE: Auto Racing Glance - The Ledger
- Home Equity Impacts Retirement Planning More Than Stock Market Crash - Insurance News Net
- Activision Blizzard shows off footage from True Crime reboot - Venturebeat.com
- TVS targets to sell two million units in 2010-11 - New Kerala
| AUTO RACING PACKAGE: Auto Racing Glance - The Ledger Posted: 10 Mar 2010 07:18 AM PST Schedule: Saturday, practice, qualifying (Versus, 2-3 p.m.); Sunday, race (Versus, 11:30 a.m.-2:30 p.m.). Track: Streets of Sao Paulo (street course, 2.6 miles). Race distance: 195 miles, 75 laps. Last year: Inaugural event. Fast facts: Danica Patrick is back in her No. 7 Andretti Autosport ride after racing in three NASCAR Nationwide races and an ARCA event. ... Brazilian drivers Helio Castroneves, Tony Kanaan, Vitor Meira, Mario Romancini, Raphael Matos, Bia Figueiredo and Ana Beatriz are set to compete in the season-opening race, the country's first Indy-style event since the CART ran in Rio de Janeiro from 1996-2000. ... The circuit features a nearly mile-long straightaway and runs through the Anhembi Sambadrome, a stadium-like venue that is the site of Carnival parades. ... Dario Franchitti is the defending series champion. He won five times last year. ... Sao Paulo also will host the Formula One finale in November. Next race: Honda Grand Prix of St. Petersburg, March 28, Streets of St. Petersburg, Fla. On the Net: http://www.indycar.com --- FORMULA ONE Bahrain Grand PrixSite: Sakhir, Bahrain. Schedule: Friday, practice (Speed, 6-7:30 a.m.); Saturday, practice and qualifying (Speed, 6-7:30 a.m.); Sunday, race (Speed, 7:30-10 a.m., 1:30-4 p.m.). Track: Bahrain International (road course, 3.914 miles). Race distance: 191.634 miles, 49 laps. Last year: Jenson Button raced to his third victory in the first four events of the season, beating Sebastian Vettel by 7.1 seconds. Button went on to win six of the first seven races and took the season title for Brawn GP. Fast facts: Seven-time world champion Michael Schumacher is returning to racing after a three-year retirement. The 41-year-old German star, the winner of a record 91 races, is driving for Ross Brawn-led Mercedes GP. Schumacher won the first F1 race at the track in 2004. ... Lotus is returning to F1 after a 16-year absence, backed by the Malaysian government and a consortium of businessmen. Lotus won 79 races and seven constructors' titles between 1958 and 1994. Jarno Trulli and Heikki Kovalainen will race for the team. ... Button is driving for McLaren. Next race: Australian Grand Grix, March 28, Albert Park, Melbourne, Australia. On the Net: http://www.formula1.com --- NHRA FULL THROTTLE NHRA GatornationalsSite: Gainesville, Fla. Schedule: Friday, qualifying; Saturday, qualifying (ESPN2, Sunday, midnight-3 a.m.; Sunday, final eliminations (ESPN2, 6-9 p.m.). Track: Gainesville Raceway. Last year: Bob Tasca raced to his first career Funny Car victory. Larry Dixon (Top Fuel), Jason Line (Pro Stock) and Hector Arana (Pro Stock Motorcycle) also won. Last event: Cory McClenathan (Top Fuel) and Jack Beckman (Funny Car) won the rain-delayed NHRA Arizona Nationals on Feb. 22, an event marred by the death of a fan struck by a tire off Antron Brown's crashing Top Fuel car. Fast facts: Kurt Busch, coming off a NASCAR Sprint Cup victory Sunday at Atlanta, is making his NHRA debut in the Super Gas class. He's driving his rebuilt '70 Dodge Challenger, powered by a stroked 6.1-liter Hemi that produces 1,167 horsepower. ... Tire Kingdom is the title sponsor. Next event: NHRA Four-Wide Nationals, March 25-28, zMAX Dragway, Concord, N.C. On the Net: http://www.nhra.com --- NASCAR SPRINT CUPLast week: Kurt Busch won at Atlanta Motor Speedway, surviving two overtime restarts and 16 extra laps in the race marred by Carl Edwards' retaliatory late-race bump that flipped Brad Keselowski's car. Next race: Food City 500, March 21, Bristol Motor Speedway, Bristol, Tenn. On the Net: http://www.nascar.com --- NATIONWIDENext race: Scotts Turf Builder 300, March 20, Bristol Motor Speedway, Bristol, Tenn. Last race: Kevin Harvick won at Las Vegas on Feb. 27, overcoming a pair of horrendous pit stops for his 35th Nationwide victory. On the Net: http://www.nascar.com --- CAMPING WORLD TRUCKSLast week: Kevin Harvick won at Atlanta Motor Speedway. The Sprint Cup driver has won three straight starts in the series and five of his last nine. Next race: Kroger 250, March 27, Martinsville Speedway, Martinsville, Va. On the Net: http://www.nascar.com --- OTHER RACESWORLD OF OUTLAWS: Sprint Car, Texas Two Step, Friday, Lonestar Speedway, Kilgore, Texas, and Saturday, Houston Raceway Park, Baytown, Texas. On the Net: http://www.worldofoutlaws.com Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Home Equity Impacts Retirement Planning More Than Stock Market Crash - Insurance News Net Posted: 10 Mar 2010 12:52 AM PST Americans' Reluctance to Use Home Equity to Help Fund RetirementIncreases Number 'At Risk' by 10 Percentage Points COLUMBUS, Ohio--(BUSINESS WIRE)-- More than 60 percent of households are 'at risk' of being financially unprepared for retirement, according to new research from the Center for Retirement Research (CRR) at Boston College. The latest analysis of the National Retirement Risk Index (NRRI), released today by the CRR and underwritten by Nationwide Mutual Insurance Company, examines how not taking full advantage of housing equity affects the share of U.S. households 'at risk.' The result is a 10 percentage-point rise in the Index compared to just a seven-point increase from the 2008 stock market crash. The NRRI is a percentage measurement of how many working Americans are 'at risk' of being unable to maintain their standard of living in retirement. The NRRI uses very conservative assumptions in its baseline scenario. One of those assumptions is that consumers access their home equity through a reverse mortgage and invest the proceeds in an inflation-indexed annuity to help generate retirement income. The new research removes that assumption. "Even after the bursting of the housing bubble, our research shows that home equity remains a major financial asset and can significantly impact retirement security," said Center Director Alicia H. Munnell. "The impact of home equity on the percent of households 'at risk' is greater than that of the recent stock market crash. How baby boomers and future generations decide to use their home equity could determine how well many fare in retirement." The full report is available at the Center for Retirement Research at Boston College. Creating Retirement Income "Given the loss of pension plans and the uncertainty of Social Security, retirees are undoubtedly going to shoulder more responsibility for funding their retirement," said Brad Davis, vice president of retirement income solutions for Nationwide Financial Services. "If the last 18 months have taught us anything, it's that consumers need to resist becoming overly dependent on any one asset, especially when taking into account the unpredictable nature of the stock and real estate markets." Davis added, "To face today's retirement challenges, consumers must be open to utilizing all of their assets and consider working with a financial professional who is prepared to handle the task of developing a comprehensive retirement income strategy." Davis noted that financial professionals understand they need to be prepared to help clients transition from asset accumulation to income generation in retirement. According to research from the Financial Planning Association, more than 89 percent of financial professionals say they are likely to obtain more training on ways to generate retirement income.1 "We encourage financial professionals to seek out the education and support they need to deal with this very critical phase of an investor's life by partnering with financial institutions that have the strategies and resources to help them manage the challenges retirees will face in the upcoming decades," said Davis. To help financial professionals with income planning, Nationwide created RetireSense®. RetireSense is an innovative investment and draw-down strategy that helps investment professionals address their clients' individual needs. It provides them with a clear road map for retirement income planning that helps identify which investments to consider harvesting for income, and when to do so. About the National Retirement Risk Index The NRRI was developed by the Center for Retirement Research at Boston College and underwritten by a grant from Nationwide. The Index projects how much income households are expected to have in retirement relative to their pre-retirement income. It then compares this 'replacement rate' to a target rate that would allow a household to maintain its pre-retirement standard of living. Households that fall more than 10 percent short of the target are considered 'at risk.' The Index produces conservative estimates by assuming that people work to age 65, annuitize all of their financial assets, and receive income from reverse mortgages on their homes. More realistic assumptions regarding earlier retirement and the reluctance of people to annuitize their assets or tap housing equity – as illustrated in the new research – would put the percentage of workers 'at risk' higher. About Nationwide Nationwide, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by A.M. Best. The company provides a full range of personalized insurance and financial services, including auto insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions, long-term savings plans and health and productivity services. For more information, visit nationwide.com. Brad Davis is a registered representative of Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation. Nationwide, the Nationwide Framemark, RetireSense and On Your Side are service marks of Nationwide Mutual Insurance Company. Please remember, no product, rider, service or strategy is suitable for all clients.It is your responsibility as a registered representative of a broker/dealer to carefully consider the client's needs, objectives, risk tolerance and overall suitability before recommending any product, rider, service, or implementing any strategy. 12009 Financial Advisers' Attitudes and Perceptions About the Retirement Income Distribution Market Survey
Nationwide Source: Nationwide This is a news service of Thomson Business Intelligence Service ©2006. This content is for your personal use only, subject to Terms and Conditions. No redistribution allowed. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Activision Blizzard shows off footage from True Crime reboot - Venturebeat.com Posted: 10 Mar 2010 01:13 AM PST
Many thought the series dead after a disappointing critical and fiscal second effort in 2006 with the second in the series, True Crime: New York. But Activision tapped United Front Games (maker of ModNation Racers). With former employees from Radical Games, EA's Need for Speed franchise, and Rockstar Games, UFG has been in development with its own unique software tools to generate the third-person perspective, Hong Kong-based game. Activision is trying to differentiate its title from the towering success of Grand Theft Auto IV and, to a lesser extent, THQ's well-received Saints Row, by focusing on deep combat moves and an undercover-cop story generated by extensive research done with the Hong Kong police department and active members from the Triad crime organization. "We're treating the franchise as if it were a brand new [intellectual property]," said Lead Producer Jeff O'Connell. "True Crime is being developed by a completely new team using new tech, and a brand new storyline that's serious, not campy." In the early (pre-alpha testing) version shown at the W Hotel, Activision demoed a fully working game offering with smooth transitions between exploration, open-world car chases, and hand-to-hand combat. Visually, the game reflects a relatively modern-looking Hong Kong, packed with dense skyscrapers, night-time marketplaces, and bustling streets. Gamers will play detective Wei Shen, an undercover cop who reports to a hot-headed, foul-mouthed crime boss "Winston" of the Triads whose mother and family have been threatened by a rival club. At this point in development, character facial movement and animations aren't fully complete, and they looked slightly out of sync. But the game is due in fall of this year, meaning UFG has several months to develop and hone it. Character movement, particularly in combat interaction, was more impressive. The first and only mission shown is to confront a rival gang at their manufacturing plant and remove everyone except Siu Wah, a key member of the gang. You'll have to locate, capture, and usher him out of the building as enemies swarm in upon learning of your attack. One of the more impressive scenes takes place after you successfully leave the building. On a stolen cop motorcycle you'll chase Wah in a stolen cop car, leap from the bike onto the car's roof, climb into the car, and force Wah to surrender. "We spent several weeks earning the trust of one real-life Triad members," said O'Connell. "Once we were able to gain their trust, they showed us a lot. They drove us around the city, showed us their street fighting techniques, and helped us piece together how their organization works." Players will encounter a combat system that looks on the surface to resemble Midway's John Woo-influenced Strangehold game, with an impressive array of environmental combat opportunities. Taking the combat a little further than competitive titles, UFG has clearly studied Jackie Chan films too. Live electrical boxes, open garbage cans, refrigerator doors — used to slam enemies in the face — stair banisters and tables are used for sliding and creating combination attacks as an advantage to confront un-even odds. You'll wield a number of weapons from hand guns to Uzis, plus bloodier weapons, such as meat cleavers. "Unlike the way the West perceives Hong Kong, the city isn't a wild, crime-filled place," O'Connell said. "There are very strict gun laws enforced there. You can get arrested for holding a single bullet. So we had to sex up the city. And that's why the meat cleaver and chopping knives play a heavy role in combat. 'Chopping' is a real technique employed to show examples of those who cross the local Triads." True Crime provides a linear story with many options to take on "jobs" and missions that build up characters' "face." Face is equivalent to "respect," a system in the game that enables players to use to open additional side missions. Side missions feature the ability to date girls (with the possibility of "tasteful" romantic scenes), upgrade your look with accessories such as new hair styles, clothes, watches, better cars, and the ability to get into otherwise closed night clubs. "We haven't announced the voice talent we are working with, but you will be able to date girls who are played by popular actresses who we believe players will want to 'date' in the game," said O'Connell. With an intense hand-to-hand combat system, arcade-style driving, and an serious, non-campy storyline ("there will no zombies, dragons, or flaming skulls" O'Connell said), Activision hopes to re-energize the True Crime brand in the tough-to-crack, GTA-dominated genre. Next Story: What's next for Google's Apps Marketplace — contextual gadgets and more
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| TVS targets to sell two million units in 2010-11 - New Kerala Posted: 10 Mar 2010 01:21 AM PST
Bangalore, Mar 10 : TVS Motor Company targets to sell two million two-wheelers in 2010-11, Company Vice-President (Sales and Marketing) R Dilip said today.
Talking to newspersons here, he said in the current fourth quarter the company was expected to achieve a 30 per cent growth on Year-on-Year basis. Announcing the launch of TVS Jive, he said with the launch of the country's first auto-clutch motorcycle the market share of the company in the two-wheeler segment was expected to increase by 10 per cent from the present 20 per cent. About 20,000 units were sold per month. He said the new TVS Jive, targetted at salaried and business class, is propelled by a 110 cc engine which features innovative T-matic technology, patent of which was awaited, with rotary gear technology coupled with an automatic clutch. He said the unique feature of TVS Jive being its anti-stall mechanism which makes smooth riding possible at low speeds even in high gears, without the engine shutting off. TVS Jive priced at Rs 41,735 ex-showroom in Bangalore was available in blue, black and red colours. --UNI
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