суббота, 3 марта 2012 г.

U.S. travel industry launches initiative to attract more foreign visitors.

Byline: Paul Crocetti

Sep. 14--WASHINGTON -- In an effort to strengthen the country's image abroad, U.S. Rep. William Delahunt joined leaders of the travel industry yesterday to propose steps to reduce barriers to travel to the United States.

The press conference, in a park near the Capitol, featured the launch of the Discover America Partnership. Funding for the program will come from two groups represented at the conference: the Travel Industry Association and the Travel Business Roundtable. Amid worries that travel to the United States is decreasing, the goal of the partnership is to attract 10 million additional visitors to the country each year.

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пятница, 2 марта 2012 г.

FORM 8-K: MARSHALL & ILSLEY FILES CURRENT REPORT

WASHINGTON, May 20 -- Marshall & Ilsley Corp., Milwaukee, files Form 8-K (current report) with Securities and Exchange Commission on May 18.

State or other jurisdiction of incorporation: Wisconsin

Submission of Matters to a Vote of Security Holders.

On May 17, 2011, Marshall & Ilsley Corporation ("M&I") held a special meeting of its shareholders relating to its pending merger with Bank of Montreal ("BMO") pursuant to the Agreement and Plan of Merger, dated as of December 17, 2010, by and between BMO and M&I (the "Merger Agreement"). At the special meeting, M&I shareholders present in person or by proxy voted on the matters described below:

(1) M&I shareholders approved a proposal to approve the Merger Agreement. Voting results were as follows:

* Table omitted (The document can be viewed at URL: http://www.sec.gov/Archives/edgar/data/1399315/000089882211000361/miform8kmay182011.htm)

(2) M&I shareholders approved a proposal to approval an adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes to approve the foregoing proposal. Voting results were as follows:

* Table omitted (The document can be viewed at URL: http://www.sec.gov/Archives/edgar/data/1399315/000089882211000361/miform8kmay182011.htm)

OTHER EVENTS.

On May 17, 2011, M&I issued a press release announcing the results of the special meeting. A copy of this press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit No. - Description of Exhibit

99.1 - Press Release of Marshall & Ilsley Corporation, issued May 17, 2011.

Additional Information for Shareholders.

In connection with the proposed merger transaction, BMO has filed with the Securities and Exchange Commission a Registration Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other relevant documents concerning the proposed transaction. Shareholders are urged to read the Registration Statement and the definitive Proxy Statement/Prospectus and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. A free copy of the definitive Proxy Statement/Prospectus, as well as other filings containing information about BMO and M&I, may be obtained at the SEC's Internet site ( http://www.sec.gov). You can also obtain these documents free of charge, from BMO at www.

BMO.com under the tab "About BMO - Investor Relations" and then under the heading "Frequently Accessed Documents", from BMO Investor Relations at investor.relations@bmo.com or (416) 867-6642, from M&I by accessing M&I's website at www.

MICorp.com under the tab "Investor Relations" and then under the heading "SEC Filings", or from M&I at (414) 765-7814.

More information can be viewed at: http://www.sec.gov/Archives/edgar/data/1399315/000089882211000361/miform8kmay182011.htm For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com

http://www.sec.gov/Archives/edgar/data/1399315/000089882211000361/miform8kmay182011.htm

GM plans satellite radio blitz; Receivers to be free on some '03 Pontiacs.(Brief Article)

General Motors is making a major push this fall to whet drivers' appetites for what could become the next big thing in automotive entertainment: satellite radio.

Although satellite radio is a fledgling technology with an uncertain audience, GM will launch an aggressive campaign to sign up customers for XM satellite service. The company's $9.99-a-month service offers 100 channels of mostly commercial-free news, talk, music and comedy.

Pontiac will take the lead, offering a free XM receiver to anyone who buys a 2003 Grand Am, Sunfire, Aztek or Bonneville before Dec. 1. Most other GM makes will offer satellite radio this fall as a factory option.

The hardware, which will have a list price of $325, gives continued access to conventional AM and FM radio, plus the usual complement of tape decks and CD players.

Showdown looms

GM's plan is a major event in the battle between the two players in satellite radio - XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. GM and its subsidiary, Hughes Electronics, hold a 15 percent stake in XM, while DaimlerChrysler has invested $100 million in Sirius. Ford Motor Co. also invested in Sirius, but later sold its shares.

At stake is the industry leadership position - potentially millions in profits - if satellite radio becomes as common in future vehicles as cable TV has become in households.

Chrysler will introduce Sirius radio as a dealer-installed option in the fall, while Ford will introduce Sirius next year. Most other mass-market automakers are on the sidelines, awaiting the outcome.

GM is planning a quick rollout to gain a competitive edge, said Rick Lee, vice president of satellite radio service for GM's OnStar unit. ``We broke a lot of production rules to get XM on so many cars this fast.''

OnStar is coordinating the introduction of satellite radio for GM's marketing divisions.

GM has had limited experience with satellite radio. Cadillac introduced XM as a factory option last November on the Seville and Deville sedans. An estimated 1,000 Cadillac buyers have chosen the option - about one out of 45 cars sold during that period.

According to one insider's estimate, GM expects to sign up about 80,000 subscribers in the last three months of 2002. The automaker will offer the service on 25 models, and expects an adoption rate of 15 percent.But the adoption rate could soar for models that are popular among tech-savvy consumers.

In Phoenix, Lund Cadillac has ordered all of its 2003 Escalades and Escalade EXTs to be equipped with satellite radio. According to sales manager Larry Appleby, the feature has a strong appeal for younger buyers.

The vigorous Pontiac promotion also should boost dealer orders, predicts Gary Steilen, marketing manager for the Pontiac Grand Am. ``If we put some effort behind it, we could easily double the order rate,'' Steilen said.

Cautious dealers

To promote XM, dealers can purchase a $999 product demonstration kiosk created by GM for their showrooms. Once dealers sell a specified number of XM radios, they will get refunds for the kiosk.

The satellite radio option will carry the usual dealer margin of 15 percent. But dealers have asked GM to offer them an additional monetary incentive, and one GM executive says they will get it.

That will help generate more enthusiasm among cautious retailers. ``We need something to entice the dealers,'' said Ed Levy, a member of the Pontiac-GMC dealer council and owner of Golling Pontiac-GMC in Lake Orion, Mich. ``Satellite radio is the type of item where word of mouth might be pretty impressive. But is it for everybody? No.''

Tighter focus

Dealers are cautious in part because the last big innovation in automotive information systems - telematics - has gotten a cool reception from consumers.

Just a few years ago, telematics was touted as a sure thing, offering motorists a grab bag of features such as concierge services, route guidance, roadside assistance and e-mail.

By contrast, Sirius and XM are focusing on one product - radio - and offer it at a lower price than telematics.

As usual for consumer electronics, the early adopters are buying aftermarket satellite radio receivers for installation in their cars or homes.

Retail chains such as Best Buy and Circuit City stock a variety of aftermarket receivers made by Pioneer, Clarion, Alpine and others. Prices range as low as $160 for the receiver, plus $50 for an antenna and $50 for installation.

Currently, XM and Sirius receivers are not compatible, so stores have to stock separate hardware for each service. To avoid a repeat of the VHS-Betamax battle, the Federal Communications Commission has ordered Sirius and XM to design a compatible receiver that could accept either signal.

That would allow consumers to switch services without having to install new hardware in the vehicle.

XM in front

XM has grabbed an early lead in the battle for dominance. After seven months of nationwide service, XM has 130,000 subscribers. Sirius is trailing badly but expects to start catching up after it launches nationwide service on Monday, July 1. After six weeks of test marketing in four cities, Sirius had 412 customers as of March 31.

Early aftermarket sales demonstrate that satellite radio is a marketable product, said XM President Hugh Panero, a formal cable TV executive. ``We've answered the question, `will people pay for radio?''' he said in a recent interview with the New York Times.

Each company needs several million customers to break even. But if satellite radio takes off, GM will prosper. Over a 12-year period, XM agreed to pay the automaker $438 million in return for an exclusive contract to provide service to GM customers.

GM also will receive at least 20 percent of XM's monthly subscription fees, according to one company source.

GM owns 4.2 percent of XM Radio, and GM subsidiary Hughes Electronics holds an additional 10.5 percent. Other strategic investors include American Honda and Clear Channel Communications.

But substantial profits are years away. Sirius and XM have spent roughly $1.5 billion apiece to launch their systems. Both companies must raise hundreds of millions more to avoid running out of cash early next year.

XM says it will break even when it attracts 4 million customers, a goal it hopes to achieve in late 2004 or 2005. Sirius says it expects to achieve a positive cash flow in 2005, when it hopes to have 3 million customers.

On Wall Street, Sirius has become a target of short sellers, perhaps because of XM's early lead. But Sirius continues to draw support from automakers.

Like cable TV

After offering Sirius as a dealer option this fall, Chrysler will offer it as a factory option on the 300M sedan late this year. Jack Withrow, Chrysler group's director of telematics, predicts that satellite radio will catch on as prices fall.

``It will start slowly, then ramp up and become ubiquitous,'' Withrow said. ``It's going to be like cable TV is today. Our plans have been based on conservative (initial) expectations, but we are going to push this with our dealers. We are going to spend some money on this.''

Ford is moving more slowly than its Big 3 rivals. Lincoln will offer Sirius as a dealer-installed option in the 2003 model year - most likely next spring. Ford Division will launch it sometime after Lincoln.

The initial delay ``was primarily a technical issue,'' said Eric Heller, Ford's multimedia planning analyst. But Heller acknowledged that Ford is not in a position to gamble on uncertain consumer demand.

Toyota, Honda and several other automakers also are waiting for the satellite radio market to develop before they make major commitments. ``It's a chicken-and-egg issue,'' Heller said. ``Everyone is waiting to see how big this becomes.''

Goodbye to all that

I am folding up my tent early this year and moving to a newneighborhood, the Living/Arts section. In the past three years, I'vewritten columns for the Business, Metro and Op-Ed sections. TheReal Estate, Food and Calendar departments still beckon.

In the year's final column, I like to mention the various columnsI didn't write, so readers can count their blessings. I never didget around to eulogizing Sir Arthur "Bomber" Harris, the British airmarshal who devised the Allies' carpet-bombing strategy during WorldWar II. Right-thinking pundits everywhere condemned Queen Elizabethfor erecting a statue in his memory; I wanted to defend him. Whenyou see "Schindler's List," you'll understand why.

I never wrote about the Internet (thank heavens!), and I never gotaround to publicizing the World Fax Society, because founder IraWexler said I was the only person who sent in the $5 membership fee.Nor did I compile my list of 1993's Ten Worst Op-Ed columns, mainlybecause Mikhail Gorbachev abandoned the profession after just a fewweeks. Yes, I did clip some of Irving Kristol's screeds from TheWall Street Journal, but rereading them is sheer pain.

In my new job I won't be able to flay the airheaded levelers whoare waging war on school "tracking" programs across the country. Onthe other hand, I can finally give the annual Sacco-Vanzetti RoadRace the coverage it deserves. Life is a tradeoff, I guess.

Now to the mail bag. Here's one of my favorite comments,delivered to the Globe's ombudsman by a Cambridge reader: "What'sthis about the ultraliberal Globe? All I can find on the op-ed pageis conservative junk: Tony Snow, Mona Charen, Alex Beam. Iespecially winced at the garbage about Thomas Jefferson."

Ah, yes, Tiresome Tom, whom I hailed as a dipsomaniac, pedant andfop on his 250th birthday, the same day that washed-up columnistGorbachev orated on liberty at TJ's birthplace. Writing on April 22-- birthday of another defrocked son of liberty, V.I. Lenin -- areader in Buffalo suggested that I consult Reader's Digest to learnthe truth about Jefferson. From Portsmouth, N.H., E. G. Foster toldme that "Thomas Jefferson was a great man who did wonderful thingsfor this country. You're jealous!"

Well, at least someone got the joke. Daniel Jordan, the executivedirector of Monticello, offered me the "Benedict Arnold-DavidLetterman-Star Trek award for the most extraordinary combination oftreasonous, humorous and fanciful ideas about Thomas Jefferson."Rick Theis of the Sonoma County Grape Growers Association spotted mytongue in cheek and offered me a tour of the Jefferson winery. I(hic) plan to accept.

I have a letter from an MIT professor who complained that hecouldn't find the classic Menckenism "to bloviate" in his dictionary.Politely, I replied: Hey, babe, get a bigger dictionary.

Ah, the professorate. One of my favorite correspondents, acontentious professor emeritus at the World's Greatest University(and the real-life model for Professor Woollyhead, who occasionallygraced this space) said I erred in calling The New Republic magazine"intellectually audacious." TNR, Woollyhead writes, is "a propagandahouse organ for the interests of Israel as seen by (owner) MartyPeretz. By very definition a propaganda organ is intellectuallytimid, not audacious."

I mentioned The New Republic in a column about "the BostonDisease," a heavy-handed knock on the Athens of America. Gov. Weldalluded to the column in a speech plumping for the megaplex, aRepublican workfare scheme for his downtown lawyer pals.

And several readers wondered if I had read Elizabeth Hardwick'sdevastating critique of Boston ("With Boston and its mysteriouslyenduring reputation, `the reverberation is longer than thethunderclap,' as Emerson observed about the tenacious fame ofcertain artists"), which can be found in a collection called"Locations." Yes, I had. First published in 1959, it is still oneheck of a read.

A long and winding road

A recent TV documentary and a controversial review for his newnovel have thrust Dermot Healy into the media spotlight. It is theendpoint of an 11-year effort to finish the book, writes KEITHDUGGAN

IT IS a squally, sleepy afternoon and Dermot Healy is the onlyperson to be found walking in the village of Carney. He has offeredto meet there and guide me back to his house which, he forewarns, isalmost impossible to find unless you know where you are going. Healybought the place pretty speedily more than 20 years ago after hisfriend, the artist Sean McSweeney, pointed him in the direction ofthe owner. A deal was struck at dusk.

"When I took Helen there to show it to her the next day, Icouldn't find it myself," he laughs. "Not the best start."

The Healy household featured prominently in The Writing In TheSky, a recent documentary about his enduring fascination with thebarnacle geese from Greenland that relocate to this part of Sligoeach autumn and whose presence stoked into life his long poem, AFool's Errand.

The geese, in fact, might be inadvertently blamed for the slowfermentation of his new novel, Long Time, No See. Healy had more orless finished the manuscript back in 2002. "But a final endingescaped me and I went off and did something else."

He worked on plays and tried to write the significance of thegeese out of himself until eventually he conceded that the materialwas gradually shaping into the epic narrative it became. He does notclassify himself as a bird watcher but the annual visits by thegeese became "part of the everyday", part of the landscape.

Healy's house is flush against the coast; a narrow gap betweentrees opens onto the most spectacular view of the sea, with ClassieBawn, the old Mountbatten pile, a shadow on a promontory on thisovercast day. Healy dealt with the problem of coastal erosion in hisown slow-burning, fastidious way. It took him several years tobuttress the exposed coastline bordering his house with gabions -wire mesh bales containing tens of thousands of stones. "They haveto be a particular size. Too big and they will break. Too small andthey will be sucked out of the mesh."

The workmanship is incredibly neat and must have been painstakingto carry out. Healy did everything himself. Once, a visitor got downon his knees in front of the gabions, as if in prayer. Healy wastaken aback and joked about it, but the man told him: "No, you don'tunderstand. These things saved my life in Lebanon."

When Healy was working on the stone bundles, the geese would flyby every evening, about five minutes before the light failed."That's when you knew it was time to stop."

The novel, meanwhile, languished in a drawer as Healy consoledhis ever-patient agent and publishers whenever they phoned enquiringabout his progress. "It must have been frustrating for them," hesays.

Eventually, about three years ago, he set about completing thething. So hot on the heels of A Fool's Errandcomes the first DermotHealy novel in 11 years.

"The return (after an 11-year absence) of one of the mostcelebrated contemporary Irish novelists," reads the introduction onthe inside flap: the publishers all but added a "phew" at the end.

With it come the attendant duties of book readings and launchesand festivals and signings. After a decade of being left to his owndevices, it has been a rather dramatic period of exposure for thelaconic Westmeath man, from the screening of the televisiondocumentary to a recent row in the letters page of this newspaperover Eileen Battersby's review of his book. This drew responses fromwriters Eugene McCabe and John Banville.

"You enjoy it when it is over," he grumbles happily about theattention in general, but he will not be drawn on the specificquestion of the review. "Ah, I am like a schoolboy. When I sign thebooks, I have to ask someone to tell me their name - people I knoweven - because I get a blank. I don't know whether it is nerves ofwhatever."

Long Time, No See is clearly set within the last 10 years andanyone who has visited Mullaghmore or Drumcliffe or the hinterlandwhere Healy resides won't be long placing their imagination therewhen reading it.

For all the perceived hardness of the economic boom, smallkindnesses abound in the story and rituals such as the stations ofthe cross prevail alongside the internet; surfers alongside spiritedold-timers with a fondness for Malibu. The narrator, Philip (knownto all as Mister Psyche), is a kid just finished his Leaving Certand you lose count of the number of good turns he does for people.

"That still goes on. I know it does," Healy says. "Calling onpeople to see if they are alright; doing shopping; lighting a fire.It goes on the whole time. I have seen so many young fellas aroundhere doing things for people - and getting a few pound for it too.And the other thing is that he [Philip] is the link between thefather and the mother and the grand-uncle, who won't go up to thehouse.

"He is the narrator but he is also a listener. And the Malibuthing did happen way back here one time. When I started going to upto Ellen's first, there was four old men and they asked for Malibu.They might go on to a whiskey or a brandy but they would always openwith a Malibu. It was because a German lad ordered it here years agoand they must have got a bottle in and the German bought for the barand the old men became addicted to it."

Because I ask if Ellen's was the bar shown in the documentary,Healy decides, after lunch, to show me where it is. It involvesanother drive which, again, would bamboozle a stranger, to athatched house with a wooden door that is reputedly 400 years oldand which, unfortunately, does not open to customers until six eachevening. He drives us a different route back - "This is a niceglide," he says of a hill which shows off the splendour of thecoastline once again - slowing and pointing excitedly when henotices some of the geese at the bottom of a field.

"Someone told me the other day they were gone. That's just asmall flock. They land in a field in Lissadell House too. And thatgoes back to Constance Gore Booth and them making reference tothem."

Moseying about the countryside is part of Healy's writing life.He will drive about and then pull in to write something down in thenotebook he keeps in the driver's pocket.

'I don't have a good answer for that," he confesses when askedwhy he writes, reflecting on boyhood days when a schoolteacherintroduced an extra hour where the class would read A Tale of TwoCities, of reading books his grand-aunts brought from France - oldEnglish histories and cookbooks - of going to London. All he knowsis that it started early. He isn't writing much at the moment.

"Not really. The head is empty. Each night the poems visit me butI don't write them down. Memory is not as kind as it was either. Alot of it is visual and it comes from a phrase - I remember writing'Half day Thursday' and it unlocked a whole load of things for me."

A Goat's Song, his celebrated 1994 novel took seven years towrite. The Bend For Home, his revered memoir, was written in aboutthree years. Sudden Times took about the same.

He is unconcerned about the gaps between his publications andcan't avoid it anyway. "I don't have the gift for it," he says ofproducing book after book. In fact, the biggest struggle he had withA Fool's Errandwas acknowledging that the work was complete. "It wasa case of letting it go."

And for Long Time, No Seehe removed the very dream sequences thathad originally provoked the book, reluctantly discarding all but oneor two startlingly psychedelic depictions and framing the storyinstead around the everyday conversations through which hischaracters joust their way through the days.

The Midlands low is still in Healy's voice but he has the Sligo-Donegal lilt bang on in this book, just as he paid careful attentionto the Belfast accent in A Goat's Song.

"I regretted taking those bits out because I had gone into depthwith them and it was going to become a sort of fantasy. But then thereality took over and it took me a long time to get rid of thedreams. With the dialogue, I wanted to have that sound - theconfusion you often hear when people speak. I wanted that experiencefor the reader. And the accent is a thing that fascinates me. Howcan the Northern accent change almost from one house to the next?"

Back in the house, he produces a gorgeous handbound edition ofthe book, the final proof that it is, at last, off his hands. "Thebook was so long in preparation that it is great to have it out ofthe way. The last three years were tight work."

Last week alone involved the intense bustle of three trips toDublin and a reading in London, a bout of travel he describes in away that suggests he is no hurry to repeat it. He says he had greatfun at The Irish Times/Poetry Now Prize award function, which he wasup for along with the eventual recipient, Seamus Heaney, andPulitzer Prize winner Paul Muldoon and which was spoiled onlyslightly by his turning on his ankle on the way home.

"It was dark," he explains.

But most of the time, Healy is content with more localisedtravel, ambling down to Grange for breakfast if Helen is out orsometimes to the coffee shop at Drumcliffe church.

And, of course, he watches the geese.

Among the pictures and cuttings on the wall near the fireplace isan article from a London newspaper about the Japanese soldiers whostayed in the jungle continuing to fight the second World Wardecades after it had ended. Healy studies it anew when asked aboutits relevance. "I don't know. Sometimes I cut out these things. Andsometimes it filters back into the books then. Sixty years after theend of the war? I couldn't believe that. Sometimes I put a piece ofpaper on the wall until it haunts me a little."

When we leave, Healy again drives lead car back to Carney,planning to stop in for a pint. He will be back in the bright lightstomorrow night, opening the Cuirt festival in Galway and doing hisbest with the signings. "The hand wobbles and the signature beginsto fade," he says. But as he pulls into the village and points theway with a steady thumbs-up, that seems unlikely. Carney is quietand all is right as rain.

MySpace wins round vs. spam

NEW YORK - The popular online hangout MySpace has won a $230million judgment over junk messages sent to its members in what isbelieved to be the largest anti-spam award ever .

A federal judge in Los Angeles ruled against Sanford Wallace andhis partner, Walter Rines, after the two failed to show up at acourt hearing, MySpace told The Associated Press on Tuesday.

Wallace earned the monikers "Spam King" and "Spamford" as head ofa company that sent as many as 30 million junk e-mails a day in the1990s. He left that company, Cyber Promotions, following lawsuitsfrom leading Internet service providers such as Time Warner Inc.'sAOL, only to re-emerge in a spyware case that led to a $4 millionfederal judgment against him in 2006.

"MySpace has zero tolerance for those who attempt to actillegally on our site," said MySpace's chief security officer,Hemanshu Nigam. "We remain committed to punishing those who violatethe law and try to harm our members."

Rines and Wallace created their own MySpace accounts or took overexisting ones by stealing passwords through "phishing" scams, Nigamsaid.

They then e-mailed other MySpace members, he said, "asking themto check out a cool video or another cool site. When you (got)there, they were making money trying to sell you something or makingmoney based on hits or trying to sell ring tones."

MySpace said the pair sent more than 730,000 messages to MySpacemembers, many made to look like they were coming from trustedfriends, giving them an air of legitimacy. E ach violation entitlesMySpace to $100 in damages, tripled when conducted "willfully andknowingly."

The judgment is a big victory for MySpace, although serviceproviders often have a tough time collecting such awards.

Fed:One in five child 'net users approached by strangers: survey


AAP General News (Australia)
08-20-2004
Fed:One in five child 'net users approached by strangers: survey

SYDNEY, Aug 20 AAP - Nearly one child in every five using the internet have been approached
online by a stranger, according to a national survey to be published today.

And 47 per cent of children have been exposed to inappropriate material such as pornography.

The Sydney Morning Herald today reported that the survey of parents was conducted by
federally-funded internet safety advisory body NetAlert and internet portal ninemsn.

It said nearly 50 per cent of parents over 55 thought the internet was not safe for
children, although 90 per cent said it was a good educational tool.

Eighty-four per cent of parents thought they should be primarily responsible for online
safety but 16 per cent said schools and government should take more responsibility for
making the internet safer.

Most parents - 68 per cent - said they trusted their children to make safe and sensible
choices when surfing the net.

Only 38 per cent of home computers have child protection software installed, the survey found.

Almost all those polled said parents generally needed more education about the dangers
of going online, the paper said.

AAP ka/cdh e

KEYWORD: ONLINE

2004 AAP Information Services Pty Limited (AAP) or its Licensors.