Archive for August, 2008

Motorola sweetens incentives for co-CEO

Sunday, August 31st, 2008

By James P. Miller | Chicago Tribune reporter
August 30, 2008

Motorola Inc. disclosed Friday that it has reworked co-Chief Executive Greg Brown’s contract, adding millions of dollars in new incentives that kick in only if the company successfully completes the planned spinoff of its handset unit.

The agreement contains a number of new stock-option arrangements, which pay out over three years, an arrangement that appears designed to entice Brown to stay with the company through the coming changes and beyond.

Under the contract, if Motorola’s mobile phones unit becomes a separate public company and is valued by the stock market at a minimum of $2 billion, then Brown, who will be head of the non-phone business, will receive a grant of at least $1.67 million in restricted Motorola common shares, as well as potentially lucrative options to buy at least $3.33 million in stock. They vest, subject to Brown’s continued employment, in three installments.

Motorola’s current market capitalization is $21 billion.
“The all-inclusive compensation package is designed to align Mr. Brown’s interests with the interests of Motorola’s stockholders,” the convention said in its filing.

Brown’s earlier employment agreement was signed in January, when the Schaumburg-based communications-materiel manufacturer promoted him to succeed Edward Zander as CEO.

Soon after taking the reins, Brown announced plans to split off the giant but struggling cell phone business into a free-standing company. Those plans took a major according with forward this month when Motorola signed Qualcomm Inc. Chief Operating Officer Sanjay Jha as co-CEO and head of the unfixed phone business.

The pay package for Jha, who will be head of the phone business once the separation is completed, was spelled out in a Securities and Quid pro quo Commission filing three weeks ago. Among other things, Jha received Motorola stock valued at the time at roughly $35 million and options to come by an additional 16.6 million shares.

Read full article: Motorola sweetens incentives for co-CEO

Namibia Cars and Dealers that Would Propose Them to You

Saturday, August 30th, 2008

Namibia is one of the countries in South Africa. The country isn’t large and has strong historical, traditional and economic relation to South Africa. The authoritative name of the country is the Republic of Namibia. Most foreign visitors of the country are eco-travelers who are calling among other areas Sossosvlei, Etosha Park and Swakopmund.

Sceneries of Namibia are one of the basic attractions for guests of the country. For example, if you go to Walvis Bay, you will be capable to watch the earth most ancient desert Namib. The bay features another wonderful attraction - a large lagoon and harbor with waters of the Atlantic Ocean.

A lot of persons, who go to Namibia, often require a kind of vehicle for their travel goals. As a result, there are lots of different carriers obtainable for individuals in Namibia. So, one may simply find export of used cars in Namibia. Although public conveyances exist, it doesn’t offer the necessary freedom of traveling to fully get pleasure of the trip. But it is not a difficulty for travelers, because there are a great variety of car dealers available in Namibia.

Toyota Namibia dune riding trips are really popular. The activity does not require looking for car dealers in Namibia. Persons commonly come to the place that is not remote from Kuiseb River to ride those large dunes.

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Different to Filing Bankruptcy With the IVA Debt Solution What You Need to Know

Friday, August 29th, 2008

What is an IVA (Special voluntary arrangement) An IVA is an alternative to bankruptcy introduced by the government, if you in a situation where you can see no other alternative apart from prospering bankrupt you can use an IVA to avoid this option. The concept behind an IVA is a simple one, simply a re-payment agreement between the creditors and the debtor managed by a licensed 3rd dinner party known as an insolvency practitioner. It was established in 1986 by the Insolvency Act but has only become more widely known about and popular recently in the last 10 years due to the "ascription crunch" An IVA provides legal protection from your creditors contacting you about your debts after it has been agreed it also protects you from your creditors dispiriting to declare you bankrupt, as they are not able to do so unless you violate the agreement by not keeping up with the repayments How Does The IVA Get Approved? If you observe the criteria for an IVA, a simplified version is below (it is highly dependent on circumstances) * £15,000+ worth of unsecured debt * 3 or more creditors * Must be in full together employment * Have a disposable income of at least £300 Note that the criteria above is a very simplified version but if you match this you have a edible chance of getting accepted Once your case is approved to be looked at by an insolvency practitioner he will looking into all the details of your pecuniary situation and if it’s suitable to go ahead with an IVA he will start to work out what you can afford to pay back on a monthly basis this will be drafted into a proposal and presented to your creditors. At least 75% of your creditors will beggary to accept the IVA in order for it to be put into action. Unlike bankruptcy this is a privet agreement, in bankruptcy you have your name and details printed in all the papers declaring to everyone that you are now bankruptLargeYou’re also not allowed to be the director of a company if you have been made bankrupt and will have wait the 3 years until you can be in such a position again

Lottery - Country lottery details - United States

Friday, August 29th, 2008

United States

n the United States, the existence of lotteries is subject to the laws of each state; there is no national lottery.

Private lotteries were legal in the United States in the early 1800s.[4] In fact, a number of US patents were granted on new types of lotteries. In today’s vernacular, these would be considered business method patents.

Before the advent of state-sponsored lotteries, many illegal lotteries thrived; for example, see Numbers game and Peter H. Matthews. The first modern state lottery in the U.S. was established in the state of New Hampshire in 1964; as of 2008, lotteries are established in 42 states, the District of Columbia, and the Virgin Islands.

The first modern interstate lottery in the U.S. was formed in 1985 and linked three of the New England states. In 1988, the Multi-State Lottery Association (MUSL) was formed with Oregon, Iowa, Kansas, Rhode Island, West Virginia, Missouri, and the District of Columbia as its charter members; it is best known for its “Powerball” drawing, which is designed to build up very large jackpots. Another interstate lottery, The Big Game (now called Mega Millions), was formed in 1996 by the states of Georgia, Illinois, Massachusetts, Maryland, Michigan and Virginia as its charter members. These states were joined by New Jersey (1999), New York and Ohio (May 2002), Washington state (September 2002), Texas (2003) and California (2005) for a total of 12 members. [1]

Instant lottery tickets, also known as scratch cards, were first introduced in the 1970s and have since become a major source of state lottery revenue. Some states have introduced keno and video lottery terminals (slot machines in all but name).

Other interstate lotteries include Cashola, Hot Lotto and Wild Card 2, some of MUSL’s other games.

With the advent of the Internet it became possible for people to play lottery-style games on-line, many times for free (the cost of the ticket being supplemented by merely seeing, say, a pop-up ad). Three of the many websites which offer free games (after registration) include iwinweekly.com, GuessLotto.com and the larger iWon.com, which is a wholly-owned subsidiary of IAC Search & Media. GTech Corporation, in the United States, administers 70% of the worldwide online and instant lottery business, according to its website. With online gaming rules generally prohibitive, “lottery” games face less scrutiny. This is leading to the increase in web sites offering lottery ticket purchasing services, charging premiums on base lottery prices. The legality of such services falls into question across many jurisdictions, especially throughout the United States, as the gambling laws related to lottery play generally have not kept pace with the spread of technology.

The most recent evolution of the lottery on the internet has appeared on the social network Facebook. The free lottery has weekly drawings and allows people to receive daily lottery tickets and send their friends tickets.

Presently, many state lotteries in the USA donate large portions of their proceeds to the public education system. However these funds frequently replace instead of supplement conventional funding, resulting in no additional money for education.

Lottery - Country lottery details - United States

Online Personal Loans - Prompt Finances With the Best of Terms

Saturday, August 9th, 2008

Deriving loans without any hassles is now a possibility. This has been made possible with the introduction of online personal loans. These loans not only provide the best offers, but also are designed to offer feasible terms and conditions. You just have to click a few buttons and the loan amount is by your side in an instant.

As compared to the personal loans offered by the traditional lenders, there is no basic difference in between the two. These loans too are broadly classified in the regular format of secured and unsecured loans. The secured form of the loans is protected against an asset and can be used to avail a bigger amount in the range of £5000-£75000 for a period of 5- 25 years. On the other hand unsecured form of the loans can be obtained without pledging any collateral. The amount granted is usually in the range of £1000-£25000 and has to be repaid over a period of 6months- 10 years.

The finances derived through these loans can be used to execute a number of personal demands such as home improvement, debt consolidation, education financing, meeting wedding expenses, purchasing a car and so on.

Read full article: Online Personal Loans - Prompt Finances With the Best of Terms

I just landed on a web site named namcars.com

Saturday, August 9th, 2008

I just landed on a web site named namcars.com. I surfed it for a while and then realized it was one of the most amazing sites I had ever seen in Namibia. Cars like vw , Toyota.
They showcase for sale for less than N$50,000.00 and update their listings every day. Cars in Namibia hundreds of car listings and brings you the best car deal for less than a 30-40 thousand Namibian dollars. Think about how many sellers there are across the country that have old cars, crashed cars, restoration projects, parts cars, you name it they’ve seen it. The car listings are organized by foreign and domestic auto manufacturers. You can also subscribe to their email newsletter to get < a href="http://www.namcars.com/cheap-used-cars-in-namibia.html">cheap used cars in your email daily.

So if you need to buy a car for less than one grand you know where to go.

One-day strike could bring South Africa to a halt

Wednesday, August 6th, 2008

JOHANNESBURG (Reuters) - Thousands of South African workers are expected to down tools in a national strike on Wednesday, bringing Africa’s biggest economy to a standstill in a protest against rising electricity, food and fuel prices.

The nearly 2 million-strong Congress of South African Trade Unions (COSATU), an ally of the ruling ANC party, says the one-day walkout will be a warning to employers who may want to sack workers because of a downturn in profits due to a power supply crisis.

In the mines sector, workers are particularly fearful of job cuts after a five-day power cut in January and the rationing of electricity to mines slashed output and earnings in this top precious metals producer.

“We are adamant that workers should not be asked to pay for government’s failure to invest in electricity,” Cosatu’s spokesman Patrick Craven said.

Mines, refineries, car makers, textile factories, businesses and construction of stadiums meant for the 2010 Soccer World Cup could halt for a day, while workers and students are likely to stay at home if public transport is disrupted.


Full article: One-day strike could bring South Africa to a halt

Poker - what is it? Variations of poker

Tuesday, August 5th, 2008

Poker is a quintessence of card game in which players bet on the value of the card combination (”hand”) in their possession, by placing a bet into a chief pot. The winner is the one who holds the hand with the highest value according to an established hand rankings hierarchy, or otherwise the sportswoman who remains in the hand after all others have folded (the player who makes an un-called bet).

Variations

Poker has many variations, all following a comparable pattern of play and using the same hand ranking hierarchy. There are three main families of variants, largely grouped by the conventions of card-dealing and betting:

* “Straight” - A complete hand is dealt to each player, and players bet in one straightforward, with raising and re-raising allowed. This is the oldest poker family; the root of the game as currently played was a dissimulate known as Primero, which evolved into the game Three-card brag (very popular in Britain around the time of the Revolutionary War). “Above-board” hands of five cards are sometimes used as a final showdown, but poker is currently virtually always played in a more complex ritual to allow for additional strategy.

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How To Turn $10,000 Into 1.5 Million In As Little As 2 Years!

Sunday, August 3rd, 2008

Is the above really possible or is it just wishful thinking on my part? Is this just a bunch of hype? I am going to show you how it really can happen with the help of an age-old principle.

You have all heard of the miracles of compound interest. The problem is that we don’t pay very close attention to it because we usually associate it with low paying savings account rates. Let’s face it, the thought of money compounding at 5% or less isn’t very exciting! Doubling your money every 14 years or so will not make you rich, unless you already have a few million stashed away.

Now how about making a 5% return every week? Think about that for a moment. You may still think what’s the big deal about 5%? First, remember most banks only pay 5% and that’s for the entire year. Once again, I am talking about 5% in a week!!!

Read this full article here: How To Turn $10,000 Into 1.5 Million In As Little As 2 Years!

All news blogging

Sunday, August 3rd, 2008

It’s possible to read some freshest news at ALL NEWS blog. If you miss some new posts from this blog then you may read technorati tape for this blog