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VIDEO from Medialink and General Motors: Preventable Summer Tragedy (PR Newswire)
biz.yahoo.com | 6 hours 42 minutes ago
VIDEO from Medialink and General Motors: Preventable Summer Tragedy. - NEW YORK, July 18 /PRNewswire/ -- In the last ten years over 360 children have died from being left in a hot car.
Starbucks to close 16 St. Louis-area stores
www.stltoday.com | 14 hours 38 minutes ago
Starbucks Corp. has named 16 company-owned stores in the St. Louis area that it plans to close. Starbucks currently has about 80 stores in the St. Louis area. Earlier this month, the company announced that it would close 600 company-owned stores in the U.S.
XM Satellite Radio Reaches Agreement with Holders of a Majority of Outstanding 9.75% Senior Notes Due 2014
xmradio.mediaroom.com
WASHINGTON, July 18 /PRNewswire-FirstCall/ -- XM Satellite Radio Holdings Inc. (NASDAQ: XMSR), the nation's leading satellite radio company, today announced that it had entered into a written agreement with holders of a majority of XM Satellite Radio Inc.'s outstanding 9.75% Senior Notes due 2014.
http://xmradio.mediaroom.com/index.php?s=press_releases&item=1641
Airline Internet will rely on 4G, snubs WiMAX and CDMA
www.tgdaily.com | 18 hours 23 minutes ago
lectric Motorcycle inventor crashes at NextFest KillaCycle electric motorcycle inventor almost killed himself at the Wired NextFest conference. >> See all TG Daily videos
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Chemicals & The Economy: Search Results
www.icis.com
This week has seen more downbeat news on US auto and housing sales. Ford said their total August vehicle sales were down 14% versus August 2006, and that their car sales were down by an amazing 34%. Toyota, who have...
http://www.icis.com/cgi-bin/mt/mt-search.cgi?tag=General%20Motors&blog_id=88
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Authors@Google: Richard Brookhiser
youtube.com
Richard Brookhiser visits Google's Mountain View, CA headquarters to discuss his book George Washington on Leadership. This event took place on J...
Flight PDF Archive - TO FLIGHT JANUARY 31, 1920 THE AIRCRAFT ENGINEER These
www.flightglobal.com
TO FLIGHT JANUARY 31, 1920 THE AIRCRAFT ENGINEER These hot spots may be produced by the overheating which occurs when the engine is knocking badly, so that we fre- quently have pre-ignition following true detonation.
http://www.flightglobal.com/pdfarchive/view/1929/1929%20-%200208.html
News from Zibb.com
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VIDEO from Medialink and General Motors: Preventable Summer Tragedy - Zibb.com
NEW YORK, July 18, 2008 /PRNewswire via COMTEX/ --
In the last ten years over 360 children have died from being left in a hot car. That's an average of 36 per year, according to a study by Meteorologist Jan Null of Golden Gate Weather Services.
(See video from General Motors (NYSE: GM) at:
http://media.medialink.com/WebNR.aspx?story=35362)
Hyperthermia is the overheating of the body, and many parents are unaware of how dangerous a car can become for a small child in just a few minutes. On a 75 degree day, the interior of a vehicle can reach over 100 degrees in about a half hour. Studies show that the interior temperature will continue to increase about 45 degrees every hour.
Safety advocates like the Safe Kids Organization and General Motors are working to bring awareness to this preventable tragedy and ensure child car safety this summer.
First, never leave your child alone in a vehicle; small children cannot roll down windows, unlock doors or unbuckle themselves. It's also important to keep parked cars locked at all times. Unlocked vehicles can be an attractive playground for older children and quickly become dangerous if a child gets locked in and overcome by rising temperatures.
Registered journalists can access video, audio, text, graphics and photos for free and unrestricted use at http://www.mediaseed.tv.
07NY08-0126
SOURCE Medialink and General Motors
http://media.medialink.com/WebNR.aspx?story=35362
Tags: children graphics nyse video weather
Companies: General Motors Corp (GM)
XM Satellite Radio Reaches Agreement with Holders of a Majority of Outstanding 9.75% Senior Notes
WASHINGTON, July 18, 2008 /PRNewswire-FirstCall via COMTEX/ --
XM Satellite Radio Holdings Inc. (Nasdaq: XMSR), the nation's leading satellite radio company, today announced that it had entered into a written agreement with holders of a majority of XM Satellite Radio Inc.'s outstanding 9.75% Senior Notes due 2014. Pursuant to the agreement, these holders have agreed to waive XM's change of control repurchase obligation of the 9.75% Notes with respect to the consummation of the previously announced merger of XM Satellite Radio and Sirius Satellite Radio Inc. Pursuant to the terms of the indenture governing the 9.75% Notes, the waiver is effective for all holders of the 9.75% Notes.
The waiver provides that, promptly following the closing of the merger, XM will commence an offer to exchange the 9.75% Notes for a combination of at least $400 million of cash and up to $200 million aggregate principal amount of a new series of senior notes to be issued by XM. The waiver is subject to the consummation of the merger and the satisfaction of certain conditions in connection with various other merger-related refinancing transactions to be undertaken by XM prior to August 31, 2008. If the merger and the satisfaction of such other conditions have not occurred by August 31, 2008, the waiver, unless extended, will cease to be effective.
The exchange notes will mature in 2014, or 2013 in certain circumstances. The yield to maturity on the exchange notes (calculated solely on the basis of interest rate on the exchange notes and the price at which they are offered in exchange for 9.75% Notes) will be calculated on the basis of the selling price of and interest rate on certain other senior notes expected to be issued by XM in connection with its merger-related refinancing transactions. The effective yield on the exchange notes will not be less than 13.92% per annum. In the event that XM issues less than $150 million aggregate principal amount of other senior notes in connection with its merger related refinancing transactions, the effective yield on the exchange notes will not be less than 15% per annum.
The senior notes expected to be issued by XM will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Nothing in this press release should be construed as a solicitation of an exchange or offer to purchase, or an offer to sell, any of XM's or XM Satellite Radio Holdings Inc.'s securities. Any offer to exchange, purchase or sell any of XM's or XM Satellite Radio Holdings Inc.'s securities will be made only upon the terms and conditions set forth in an offering document related thereto.
About XM
XM is America's number one satellite radio company with more than 9.3 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, Nashville, Toronto and Montreal, XM's 2008 lineup includes more than 170 digital channels of choice from coast to coast: commercial-free music, premier sports, news, talk radio, comedy, children's and entertainment programming; and the most advanced traffic and weather information.
XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Hyundai, Nissan, Porsche, Ferrari, Subaru, Suzuki and Toyota, is available in 140 different vehicle models for 2008. XM's industry-leading products are available at consumer electronics retailers nationwide. XM programming is also available through XM Radio Online, the exclusive home on the Internet for XM's commercial-free music channels; as downloads of original XM shows via podcasts from XM's Web site or the Apple's iTunes Store; and as streams of commercial-free XM music channels to AT&T and Alltel wireless customers through XM Radio Mobile. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com/.
This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the results of XM's second quarter operating results and other statements identified by words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of XM's management and are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements in this press release include demand for XM Satellite Radio's service, the Company's dependence on technology and third party vendors, its potential need for additional financing, as well as other risks described in XM Satellite Radio Holdings Inc.'s Form 10-K filed with the Securities and Exchange Commission on 2-28-08. Copies of the filing are available upon request from XM Radio's Investor Relations Department. All programming subject to change.
SOURCE XM Satellite Radio Holdings Inc.
http://www.xmradio.com
Tags: broadcasting children commercial consumer electronics entertainment hardware market merger montreal music nasdaq new_york online products programming radio refinancing satellite securities sports technology traffic washington dc weather web wireless yield
Companies: XM Satellite Radio Holdings Inc. (XMSR)
Omniture Appoints Chief Human Resources Officer - Zibb.com
OREM, UT, Jul 15, 2008 (MARKET WIRE via COMTEX) --
Omniture, Inc. (NASDAQ: OMTR), a leading provider of online business optimization software, today announced the appointment of Eric A. McAllister as Vice President and Chief Human Resources Officer. With more than 20 years of human resources management in global enterprises, McAllister will lead the company's talent, organization and culture initiatives focused on accelerating the company's global growth strategy. In the last year, Omniture has grown to more than 1,000 employees with offices in 11 countries serving 4,500 customers.
Prior to joining Omniture, McAllister was a senior human resources director at Microsoft Corporation, where he led all human resources and organizational development initiatives for Microsoft's Windows Mobile and Worldwide Retail Sales divisions in addition to maintaining international HR management responsibility for Microsoft's Entertainment & Devices division, which has operations in over 30 countries around the world.
McAllister has held business leadership roles for such companies as Watson Wyatt, Accenture and Hewitt Associates. In these roles, he partnered with leading clients in the high-tech and mobile communications industries to develop and implement HR strategies focused on building talent and organization capability. In addition, he has held senior HR management roles at Motorola Inc. in Japan and in the U.S. where he developed and implemented global leadership and organization development initiatives.
McAllister completed his undergraduate studies at Brigham Young University and received an M.B.A. degree from Northwestern University's Kellogg Graduate School of Management.
"McAllister's large enterprise and international experience will be invaluable as Omniture continues to attract and develop talent domestically and internationally," said Josh James, co-founder and CEO of Omniture. "As we prepare for the next step in Omniture's expansion, he will be instrumental in building the company's organizational capability to support our customers throughout the world."
About Omniture
Omniture, Inc. is a leading provider of online business optimization software, enabling customers to manage and enhance online, offline and multi-channel business initiatives. Omniture's software, which it hosts and delivers to its customers as an on-demand subscription service and on-premise solution, enables customers to capture, store and analyze information generated by their Web sites and other sources and to gain critical business insights into the performance and efficiency of marketing and sales initiatives and other business processes. In addition, Omniture offers a range of professional services that complement its online services, including implementation, best practices, consulting, customer support and user training through Omniture University(TM). Omniture's 4,500 customers include eBay, AOL, Wal-Mart, Gannett, Microsoft, Neiman Marcus, Oracle, General Motors, Sony and HP. www.omniture.com
Copyright (c) 2008 Omniture, Inc. All rights reserved. Omniture and is a registered trademark of Omniture, Inc. in the United States, Japan, Canada, and the European Community. Omniture, Inc. owns other registered and unregistered trademarks throughout the world. Other names used herein may be trademarks of their respective owners.
Note on Forward-looking Statements
Management believes that certain statements in this release may constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements regarding our anticipated growth and international expansion. These statements are based on current expectations and assumptions regarding future events and business performance and involve certain risk and uncertainties that could cause actual results to differ materially, including, but not limited to, risks associated with our ability to ensure that our solutions address the specific requirements of our customers, the continued adoption by customers of our services, the significant capital requirements of our business model, our ability to develop or acquire new services and enhance existing service offerings, risks associated with our acquisition strategy and disruptions in our business and operations as a result of acquisitions, the continued growth of the market for on-demand, online business optimization services, changes in the competitive dynamics of our markets, errors, interruptions or delays in our services or other performance problems with our services, our ability to hire, retain and motivate our employees, the adoption of laws or regulations, or interpretations of existing law, that could limit our ability to collect and use Internet user information, expansion of our international operations; and such other risks described in Omniture's quarterly report on Form 10-Q for the three months ended March 31, 2008, and from time to time in other reports filed by Omniture with the U.S. Securities and Exchange Commission. These reports are available on the Investor Relations section of our website at http://www.omtr.com. Omniture undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
Omniture Press Contact Blake Stowell 801.722.0115 Email Contact
SOURCE: Omniture
http://www2.marketwire.com/mw/emailprcntct?id=EE48C35DB20A4908
Tags: acquisition adoption business canada ceo community consulting email entertainment expansion human resources internet japan law marketing nasdaq note online president regulations retail sales sales securities software subscription training university web
GM Canada April 2008 Sales Results - Zibb.com
OSHAWA, ONTARIO, May 1, 2008 (Marketwire via COMTEX) --
For April 2008, General Motors of Canada dealers delivered 38,984 units, down 13.5% from a year ago and reflects a decrease in overall fleet volume. Fleet car sales were down as a result of a planned reduction in daily rental units and truck fleet volume was impacted by the American Axle labour dispute in the U.S.
"On the retail side of the business cars are up a full 23.8% driven by strong demand for our recently launched products like the Chevrolet Malibu, Saturn Astra and Pontiac Vibe," said Marc Comeau, GM of Canada's vice-president of sales, service, and marketing.
Comeau continued, "With rising gas prices, we are seeing a surge in demand for fuel efficient options and GM is well positioned to meet customer needs with more fuel efficient small cars, a wide selection of affordable hybrids and technologies like Active Fuel Management that enable our large utilities and pick ups to achieve significantly better fuel economy on the highway."
To learn more about GM's advanced vehicle technologies that save fuel and the environment, download our podcast series, available on iTunes or at www.gmgreenbydesignpodcasts.ca.
April Sales Highlights
- Sales for the Chevrolet Malibu, 2008 North America Car of the Year, more than doubled for the fourth consecutive month, up 116%.
- The all-new 2009 Pontiac Vibe launched in April, driving an initial increase of 29.8% for this sporty, fuel efficient car.
- Other fuel efficient small cars like the Chevrolet Aveo and Pontiac Wave had a strong month with overall sales doubling in April.
- Pontiac G5 and Chevrolet Cobalt were up 26.8% and 16.7% respectively.
- Compact small utility sales were up a combined 31.3%, driven by a 59.5% increase for the Chevrolet HHR.
- Cadillac set a sales record with its best April in almost two decades, up 18.1% over last year, driven by a 50.5% increase for the award winning CTS.
- Sales for GMs crossover utility vehicles (Saturn Outlook, Buick Enclave, and GMC Acadia) remained strong driving a 23.5% increase overall in the mid-utility segment.
GENERAL MOTORS OF CANADA SALES
MONTH OF APRIL 2008
2008 2007 % CHG
TOTAL CARS 20,542 23,088 -11.0%
TOTAL TRUCKS 18,442 21,991 -16.1%
COMBINED VEHICLES 38,984 45,079 -13.5%
CALENDAR YEAR-TO-DATE: April 30th, 2008
2008 2007 % CHG
TOTAL CARS 60,062 56,801 +5.7%
TOTAL TRUCKS 62,079 70,299 -11.7%
COMBINED VEHICLES 122,141 127,100 -3.9%
General Motors of Canada (GMCL) is engineering and manufacturing advanced environmental technologies ranging from Active Fuel Management (cylinder deactivation) and hybrid systems to E85 biofuel and fuel cell vehicles - more than any other auto company right here in Canada. Headquartered in Oshawa Ontario, GMCL employs more than 15,000 people nationwide. GM of Canada manufactures vehicles, vehicle powertrains, and markets the full range of General Motors vehicles and related services through 732 dealerships and retailers across Canada. Vehicles sold through this network include Chevrolet, Buick, Pontiac, GMC, Saturn, Hummer, Saab and Cadillac.
SOURCE: General Motors of Canada Limited
General Motors of Canada Limited Patty Faith (905) 644-2728 Email: patty.faith@gm.com
Tags: canada engineering fuel cell gasoline manufacturer manufacturing marketing north america ontario prices products sales technology utilities
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