| Traders see US March core CPI up 0.2 pct in auction
NEW YORK, April 17 (Reuters) - Traders were betting on Tuesday that the U.S. government's gauge on core consumer inflation rose about 0.2 percent in March, according to the implied median market forecast of a derivatives auction. The result on the core rate of the Consumer Price Index (CPI), which excludes volatile food and energy prices, was in line the median forecast among economists polled by Reuters. The core CPI rose 0.2 percent in February. The U.S. Labor Department will issue its March CPI data including the core rate at 8:30 a.m. (1230 GMT). Investors use the auctions to hedge against surprises in the report. Traders also use the auctions to speculate on the outcome. The economic derivatives auctions run on a system owned by the International Securities Exchange (ISE.N: Quote, Profile, Research), and the trades are cleared by the Chicago Mercantile Exchange (CME.N: Quote, Profile, Research).
'Football Manager Live' ready for kick off
Sports Interactive has announced details of a brand new massively multiplayer online game based on the best-selling PC soccer management game, Football Manager.Football Manager Live will allow players to build a club from scratch and compete against friends and rivals.The game will offer mini-leagues to play amongst friends, and allow gamers to bid in player auctions and compete in live matches 24 hours a day, 365 days a year.Matches will take place in real-time with a range of tactical options for managers to control as they follow all the action via a 2D match engine. In addition, the in-game chat option will allow managers to exchange comments on the virtual touchline, whilst other aspiring managers can view their competitors and learn their tactics.Away from the stadium, users will get to control their club in a host of different ways.
Stars Partake in Elephant Project Auction
Broadway, film, and TV stars have been posing for photos with elephants for a charity project called the Elephant Project to benefit the Alzheimer's Association. Celebrities including Felicity Huffman, Kristin Chenoweth, and Julianne Moore, have been posing with an elephant beanie baby and signing specialized Elephant Project cards in order to create items for auctions. Rounds of auctions are held every few months, with each celebrity package consisting of an 8x10 photo of the celebrity and an elephant, an autographed card, and an elephant beanie baby.The current round of auctions began on April 15th and 16th and will end on April 22nd and 23rd. At this time, forty celebrity packages have been placed on eBay in hopes of raising over a thousand dollars by the end of the round.The Elephant Project was created in July 2006 by 16-year old David Niederhoffer, who wanted to create an organization to raise awareness and funds for the Alzheimer's Association after his grandfather passed away from Alzheimer's disease.
One Stop CRM Shopping Fails Manufacturers and Distributors
/24-7PressRelease/ - April 23, 2007 - According to Larry Caretsky, President of Commence Corporation, "Today's industrial sales environment is characterized by intense competition, strategic sourcing contracts, online auctions, customer pressure for self-service, and the ongoing debate over fee-based services. To thrive in this environment, industrial distributors and manufacturers need more than leading technology or efficient warehouses to achieve long-term growth." Leading industrial organizations are looking outside their four walls to their customers for growth ideas. By leveraging the voice of the customer, these organizations achieve a competitive advantage in redefining sales and marketing, the all-important customer-facing portion of their operations. In an effort to help industrial distributors and manufacturers sell more, more effectively, Commence Corporation has developed this compendium of more than 40 smart practices in industrial selling, culled from interviews with leading executives within high-growth companies, and building on a comprehensive review of published perspectives on smart industrial selling.
King Corn puts used equipment in hotter demand
Bob Rottier had little idea what bids to expect for the assortment of equipment at his first big farm auction of the year last weekend in Grant. But he was pretty certain a 1950s-era John Deere 290 two-row corn planter would not bring much. So the co-owner of Fremont-based Auction Connection Inc. was surprised when a man planning to grow corn on the east side of Michigan bought the planter for $550. "Five years ago, you couldn't get $100 out of them," Rottier said. Times have changed in farming, with $4 per bushel corn prices fueling optimism and pushing corn acreage nationwide up 15 percent from 2006. A U.S. Department of Agriculture study forecasts farmers will plant more than 90 million acres of corn this year, the most since 1944.
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