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Marwyn's man : James Cosellis

James Corsellis, 36, is managing partner of Marwyn, a hedge fund with $130m of assets under management. It sets up Aim-listed shells and works with management teams to make acquisitions in sectors including gaming, utilities and insurance. Mr Corsellis was previously chief executive of online auction company icollector.com. He talks about the new hot investment sectors, and the important lessons learned from the dotcom era.

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Interactive Brokers launch direct access HK stock trading

(MENAFN - Asia Pulse) Interactive Brokers has recently added the trading of stocks and warrants in Hong Kong to its worldwide direct access platform.
Commissions for stocks and warrants are 0.088 per cent of the trade value, with an HKD 18.00 minimum, plus any stamp duty and SFC transaction fees.

Interactive Brokers continues to offer the trading of Hong Kong Futures with commissions for the Hang Seng Index and other Hong Kong futures contracts starting at HKD 9.50 and going as low as HKD 2.00 for high volume customers*.

A full list of all market centers and products that IB makes available in 16 countries can be found at http:/ www.interactivebrokers.com/en/trading/products.php .

Traders and investors with a need for direct international access to stocks, warrants, options, futures, forex, and bonds are encouraged to complete an electronic application at http:/ www.interactivebrokers.com .

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To Woo Wealthy, Lexus Attempts Image Makeover

For years, Toyota Motor Corp.'s Lexus division pitched its cars as the practical alternative to European luxury brands like BMW and Mercedes. And over time, the Lexus brand came to be known as kind of expensive, always respectable -- and a little boring.

"Lexus cars are made to be luxurious and forgettable," says Ryan Wilsey, a 29-year-old Boston resident who works in venture capital. Formerly an owner of a Porsche Boxster, Mr. Wilsey's dream cars are a BMW M3 coupe or a Ferrari.

Now, with Toyota's sales hitting new records, it craves a makeover for Lexus. It wants to become ...

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Lease-to-buy program moves forward

The La Salle County Board is inching closer to creating a new squad car rotation cycle to replace high-mileage cars in the fleet.

Sheriff Tom Templeton plans to present to Finance Committee members a proposal entailing a lease-to-buy program, which could provide the sheriff's office with seven new squads this year and each following year.

The county previously had a rotation cycle in which new squads were purchased every year, but because of lack of funds, that program was eliminated in 2004.

Squad cars, some which are approaching or have surpassed the 200,000-mile mark, continue to break down, and three of 28 squads used for patrol now are undriveable because of engine problems. Board members are faced with replacing those high-mileage vehicles.

"This is not going to stop; it's just a progression," Templeton told members of the county's Sheriff and County Radio and Court Security Committee Friday.

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What's up in the Mid-Hudson

The Fusileers Fife and Drum Corps will hold its annual two-penny social 6 p.m. Saturday at the Union Vale Firehouse, Route 82, Verbank.

Drawings will be at 7:30 p.m. There will be hundreds of prizes and refreshments.

Call 845-227-5412.

Rhinebeck GOP dinner to feature spaghetti

The Rhinebeck Republican Committee will serve spaghetti 5-8 p.m. Saturday at the American Legion, 30 Mill St.

The menu includes salad, bread, spaghetti, meatballs, homemade desserts and a beverage. Beer and wine will be available at an extra charge.

Adults cost $9; children 6-10 cost $3; those under 6 eat free.

Take-out will be available. Tickets can be bought at the door or by calling 845-876-2436.

Bingo night scheduled at Highland school gym

A bingo night will be held Saturday at St.

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Johnson: How does anyone survive turning 50? By cashing in

They had to go do it, to remind me in black and white of the one thing I was desperately trying to ignore for just a few more months.

In my mind, you see, it still seems like only, well, at least a couple of weeks ago that I was taking out of its plastic wrapper the powder-blue tuxedo, bow tie, cummerbund, and dress shirt with the ridiculously puffy blue ruffles that I wore along with white shoes beneath a giant, perfectly trimmed Afro to my senior prom.

That I cannot remember the name of the girl I took ought to remind me, I guess, of how long ago that was.

Wasn't it only a few years ago that Father Charley, unnerved by the incessant clickety clack of the steel baseball spikes I had forgotten to take off in my rush to make 6 p.m. Mass, finally stopped Communion, pulled up my altar boy's alb and glared at me?

Of course it wasn't, as the thick envelope my wife waved at me the other day screamed.

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Expanded 401(k) fee disclosures 'likely'

Congress is likely to pass legislation to expand 401(k) fee disclosures later this year, said James M. Delaplane, Jr., a partner with Davis and Harman LLP, this morning.

Mr. Delaplane spoke at the in front of nearly 400 attendees at the InvestmentNews 2007 Retirement Income Summit at the Grand Hyatt in New York.

Many political leaders are worried about the issue of fees, he said and legislators believe that retirement assets are being diminished because of the hefty fees that some participants are paying, Mr. Delaplane said.

While fee disclosures for 401(k) plans are a priority for Congress, he said, it is unlikely major tax changes with implications on retirement will occur until 2009 or 2010 because the Pension Protection Act that was passed into law last year.

Were seeing some fatigue among retirement issues, he said.

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Arizona Offers Auto Insurance Comparison Guide

The Arizona Department of Insurance has released the latest edition of its "Automobile Insurance Premium Comparison" to aid consumers with comparison shopping for auto insurance. The publication contains price quotes from 75 insurers for a dozen different driver scenarios, highlighting the advantages for those who reduce the number of miles driven.

According to the guide, on average, insurers offered a $94 discount for Phoenix residents who took the bus to work, although it noted carpooling or alternate means of transportation could have the same benefit. "At least 36 insurers offer discounts to customers who significantly reduce their annual mileage by taking the bus to work every day," said Insurance Director Christina Urias. "There are more reasons than ever to give the bus a try -- help reduce pollution, avoid the stress of traffic and save money on your auto insurance."

The guide also includes a summary and explanation of the different types of auto insurance coverage available, and provides insurer complaint ratios, representing the total number of written complaints the Department has received for each 1,000 policy exposures an insurer has in force.

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American Family offers Teen Safe Driver ProgramSM

The Teen Safe Driver ProgramSM, an innovative new program that helps young drivers overcome the challenges of learning how to drive, became available to American Family's automobile insurance customers in Wisconsin on March 1. More information is available from American Family insurance agents Kevin Carnine at 114 Monroe St, Pete Parker at 94 Stoddart St or Rick Schmitt at 1748 N Spring St. American Family, in association with DriveCam Inc., is providing Teen Safe Driver to American Family automobile insurance customers in Indiana, Minnesota and Wisconsin at no cost. The program is open to American Family customers who have a teen driver in their household, for up to one year. Teen Safe Driver provides teens and their parents an in-vehicle video and audio unit that captures risky driving behaviors.

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Nat-ural Philosophy: Wiener Opernball brings class to Stanford

For one night out of the year, the word "Wiener" ceased to be funny (at least for everyone else in the room), as Stanford participated in a nearly 80 year-old tradition that we conveniently appropriated from Austria, the Wiener Opernball, or Viennese Ball.

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That Was Then 3.9.07: The History Of The Madness Part 4 - Playing ...

When Macho Man Randy Savage went to WCW, he went from announcing Monday Night Raw to being booked with Hulk Hogan, Lex Luger, and Ric Flair. He was Where The Big Boys Play, and he was truly playing with the Big Boys of the business.

Following the end of his feud with Crush at Wrestlemania 10, Macho Man Randy Savage returned to his role as a TV announcer. However, this left him feeling unfulfilled with his career as it stood since he thought he still had some wrestling left in him, and it was this dissatisfaction which caused him to sign with WCW, a move which surprised Vince McMahon and caused hard feelings between the two which last to this day. He came to WCW intending to resume his career as a wrestler, and he started crossing paths with old acquaintances almost immediately.

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Appeal of smaller cars grows

You've seen them on Canadian streets for years in ever-growing numbers -- compact cars like the Honda Civic and Mazda3, subcompacts like the Toyota Echo hatchback, and baby-SUVs like Ford's Escape. Now the newest of those mite-sized vehicles are the majority.

For the first time since car dealers opened for business in Canada, more than half of all retail buyers bought a small, fuel efficient vehicle last year, new research shows.

The data, compiled by DesRosiers Automotive Consultants, suggests most Canadians are already making the kind of auto-buying choices that will reduce their footprint on the environment. And it means that if the federal and provincial governments really want to make a difference to reduce vehicle emissions, they should focus on getting older beaters off the road instead of targeting new cars and trucks, the consultancy says.

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That Was Then 3.9.07: The History Of The Madness Part 4 - Playing ...

When Macho Man Randy Savage went to WCW, he went from announcing Monday Night Raw to being booked with Hulk Hogan, Lex Luger, and Ric Flair. He was Where The Big Boys Play, and he was truly playing with the Big Boys of the business.

Following the end of his feud with Crush at Wrestlemania 10, Macho Man Randy Savage returned to his role as a TV announcer. However, this left him feeling unfulfilled with his career as it stood since he thought he still had some wrestling left in him, and it was this dissatisfaction which caused him to sign with WCW, a move which surprised Vince McMahon and caused hard feelings between the two which last to this day. He came to WCW intending to resume his career as a wrestler, and he started crossing paths with old acquaintances almost immediately.

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Enspire Lightspeed XLC 680i

The joy of a Windows-based PC is that you're free to fiddle around with the hardware as much as you want – something Enspire has taken advantage of with its latest creation. Pacstar submitted our first quad-core Core 2 Extreme QX6700 PC, but that runs the stock speed of 2.66GHz. Enspire has taken the same CPU and pushed it to run at Pentium 4-like clock speeds – resulting in a massive 3.73GHz. No prizes for guessing that this is the fastest PC we've ever seen, with scores like 3.36 for our stressful multitasking test. This PC is, in demonstrable terms, up to three times faster than a top-end PC of a year ago. Granted, it costs about three times as much, but this is performance the likes of which we won't see for some time from off-the-shelf systems. This is, of course, the main point of overclocking: to get something now that you'd otherwise have to wait a long time for.It's beautifully made, too.

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Dodge launches two new contests to win cars

We'll be honest, we'd be much more inclined to drive a brand new vehicle if it were free, which is why we always give these little games and contests at least one shot. Dodge announced two new contests today, the grand prizes of which are a Dodge Ram 1500 and Dodge Avenger sedan. The first is called the Dodge Ram Rock'em Sock'em Challenge (Official Rules), which is obviously inspired by those Ram commercials in which the Dodge truck socks the block off of its toy challenger. In the game, you have to hit your arrow keys in a particular sequence, which correspond to punches on the screen. If you pop the noggin of your competitor fast enough, you'll be entered in the Tier 1 Heavyweight prize division for a chance to win a Ram of our own.The second contest is called the Dodge Avenger – Avenge Your Commute.

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New team, new start for Ravens' McGahee

That might not sound significant, but you have to realize that the past few years, McGahee spent March traveling - Korea, Switzerland, Italy - and waited until mid-April before beginning his offseason conditioning. "This year [is] different," he says.

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Province files insider trading complaint against former FPI executive

ST. JOHN'S, N.L. (CP) - The Newfoundland and Labrador government has launched an insider trading complaint about the sale of stock in seafood company FPI Ltd. (TSX:FPL) by former director George Armoyan.

A spokeswoman with the government's Fisheries Department says the province has asked security regulators to investigate a massive selloff of stocks by Armoyan, who resigned from the company's board of directors last month just as FPI was negotiating a sale of its assets.

Lori Lee Oates says the government launched the complaint after it noticed the company's stock price jump in late March and early April. It is illegal to trade in stocks based on information that has not been made public.

Last month, Armoyan's company Clarke Inc. (TSX:CKI) announced it had reaped $12 million in investment gains, before taxes, nearly half of which was from the sale of its shares in FPI.

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Buckeyes dodge big bullet in overtime win

LEXINGTON, Ky. — Ron Lewis provided the One Shining Moment. But Mike Conley Jr. delivered victory for Ohio State.

After Xavier's Justin Cage missed a free throw with 9.3 seconds left, Conley got an outlet pass to Lewis, who drained a long 3-pointer over Xavier's Drew Lavender.

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News Corp and NBC to challenge YouTube

The new video site is intended to provide an attractive platform for advertisers, with Cadbury Schweppes, Cisco, Esurance, Intel and General Motors already signed up.

The sitewill not follow the YouTube model of allowing users to upload copyrighted video, which has led to recent lawsuits. Since this is crucial to the popularity of Google's site, it remains to be seen whether or not this site will be a true challenger to YouTube.

blog@e-consultancy.com

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Getting a handle on contracted distribution fees

Trimming excess costs from circulation operations without jeopardizing customer service is a pressure all newspapers face.

For papers that contract out their delivery services, distributor fees represent a large portion of the cost. But legal hurdles make it difficult for circ managers to establish fair, but efficient, contract fees across a wide spectrum of distributors.

As a result, newspapers are forced to rely on the expertise of the few managers who have direct experience as contractors to base their fees.

While this approach is common, its not always the most efficient way to realign costs and resources. In many cases, because contracts are negotiated over months, years or even decades, different managers with different perspectives may arrive at varying fee targets.