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Set Up E-mail Alerts For Press Releases » RSS Feed For Press Releases »SEATTLE, Nov. 22 /PRNewswire-USNewswire/ -- NBA star Doug Christie and his wife, Jackie, no strangers to giving back are set to hand out 100 turkeys to families, in need. They will also donate toys and food this Holiday season. Throughout the year, the Christies have shared their generosity in many ways, from feeding the homeless, to donating books and clothing to school children. With today's economy, they know how much their help will mean to families in need. The Christies also would like to encourage others to do the same.
"Every year this is what we look forward to. This is what the holiday season is about -- giving. And sharing, with those who may not be as fortunate," comments Jackie Christie.
Every year, the Christies partner up with the Seattle Millionair Club non-profit, and help make the holiday season a little brighter for the many people they serve. For the Thanksgiving holiday, one hundred turkeys will be donated to families, and during the Christmas season, food and clothing will be donated, to the many jobless and homeless people in Seattle. The Christies will also donate toys to the Children's Hospital, to help bring much needed joy to the children who aren't able to share the holidays with their loved ones at home.
"It's like icing on the cake, just knowing you put a smile on a child's face. Especially during the holidays, it's unfortunate to not be spending it at home, so we love to bring a little bit of home to them," Doug Christie reflects.
Over the years The Christies have help over 10,000 families during the holidays and couldn't be any happier this holiday season than to be helping make a difference in the lives of so many.
About The Christies: Today, Doug a 14-year NBA star/author and Jackie, a fashion guru/author, the "dynamic duo," have created several arms of their continuously growing empire. As a team, they operate JackieChristie.com in addition to their film production company, Infinite Love Productions which co-produced "COMMITTED: THE CHRISTIES", their Hit reality show that air's nationwide on BET J. "THE CHRISTIE'S-UNCUT", their straight to DVD satirical comedy, as well as authors of "No Ordinary Love" A true story of marriage and basketball!
For More Information:
www.infinitelovepublishing.com
www.jackiechristie.com
www.millionairclub.org
SOURCE Infinite Love Publishing
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Community Bankers Trust Corporation (the "Company" or "CBTC") (AMEX: BTC) is pleased to announce that Bank of Essex (BOE), a wholly-owned, Virginia state-chartered banking subsidiary of the Company, has entered into a purchase and assumption agreement with the Federal Deposit Insurance Corporation (FDIC), as receiver for The Community Bank, Loganville, Georgia (TCB), providing for the assumption by BOE, effective 6:00 pm Friday, November 21, 2008, off all deposit liabilities and to purchase certain assets of TCB. BOE is assuming approximately $600 million in deposits, approximately $250 million of which are deemed to be core deposits. BOE has agreed to pay the FDIC a premium of 1.36% on all deposits, excluding all brokered and Internet deposits. Other than loans fully secured by deposit accounts, BOE is not purchasing any loans at this time, but will be providing loan servicing to TCB's existing loan customers. BOE has sixty days to evaluate and, at its sole option, purchase any of the TCB loans. All deposits have been fully assumed and all insured deposits maintain their current insurance coverage. The existing branches of TCB will open Monday morning as Essex Bank, a division of Bank of Essex. TCB operates four branches in the greater Atlanta, Georgia market, Loganville, Walton County, Georgia; Covington, Newton, County, Georgia; Grayson, Gwinnett County, Georgia; and Snellville, Gwinnett County, Georgia.
George M. Longest, Chief Executive Officer of CBTC and BOE said, "Since 1926, Bank of Essex has had a proud history of operating as a core community bank, serving its local community though conservative lending and prudent balance sheet management. This year we continued this tradition with the addition of TransCommunity Bank, N.A., which was recently merged into BOE. Today, we stand solid with one of the strongest balance sheets in the industry, with capital levels well above our peers. TCB is a true community bank and has proudly served its community since 1946. It has been the premier community bank in the markets that it serves. We look forward to working with the employees of TCB in building an even stronger community banking team and serving the needs of our combined customers and the local communities in which we operate. We are excited about the opportunities that lay before us in the greater Atlanta market. Monday morning, customers of TCB, as customers of Essex Bank, will find it is business as usual with the same friendly staff and the same desire to provide full personal service and attention to our customers."
Gary A. Simanson, Vice-Chairman of the Company, commented, "part of our strategic plan, in addition to operating a core community bank, has been to build a franchise through select acquisition opportunities and reach out to attractive markets beyond the Commonwealth of Virginia. We find the addition of TCB to our franchise to be such an opportunity. Not only are we teaming up with a true, long established community bank, in some of the highest growth markets in the Country, we are making a statement that we are open to looking at further opportunities should they arise in this market. We believe that we demonstrated the appropriate pricing discipline in approaching this transaction and anticipate that the transaction will be accretive to earnings within the first full quarter of combined operations. While there are always execution risks in any transaction, we feel that the long operating history of TCB in its local community helps limits these risks. The local culture of TCB is much like that of the Bank of Essex. Additionally, we are not taking on any credit risk in this transaction. These are interesting times in the banking industry and with our strong capital position and experienced banking team we look forward to continuing to build both a highly respected community banking franchise and long-term shareholder value. We appreciate the assistance of our regulators in consummating this transaction and will endeavor to work with them closely to see that the banking needs of the local communities will continue to be well served."
About Community Bankers Trust Corporation.
CBTC is a well-capitalized, single-bank holding company headquartered in the greater Richmond, Virginia market, with approximately $1.3 billion in assets, $1.1 million in deposits, $500 million in loans, and $150 million in capital. It operates 13 full service banking facilities from Virginia's Chesapeake Bay to the Shenandoah Valley under the Bank of Essex, Bank of Goochland, Bank of Powhatan, Bank of Louisa and Bank of Rockbridge brand names and four branches in the greater Atlanta, Georgia market under the Essex Bank brand name. Additional information is available on the Company's website at www.cbtrustcorp.com. The shares of the Company are traded on the American Stock Exchange (AMEX) under the symbol "BTC".
Forward-Looking Statement:
This release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Facts that may cause actual results to differ materially from those contemplated by such forward-looking statements include competitive pressures in the banking industry that may increase significantly; changes in the interest rate environment may reduce margins and/or the volumes and values of loans made or held as well as the value of other financial assets held; general economic conditions, either nationally or regionally, may be less favorable than expected, resulting in, among other things, deterioration in credit quality and/or a reduced demand for credit or other services, changes in the legislative or regulatory environment, including changes in accounting standards, may adversely affect our business; costs or difficulties; related to the integration of the business and the businesses we have acquired may be greater than expected; expected cost savings associated with recently completed acquisitions may not be fully realized or realized within the expected time frame; our competitors may have greater financial resources and develop products that enable them to compete more successfully; changes in business conditions, changes in the securities market and changes in our local economy with regards to our market area. We assume no obligation to update information contained in this release.
Source: Community Bankers Trust Corp
TEMPE, AZ -- (MARKET WIRE) -- 11/21/08 -- PVIPE Music and Phoenix VIP Events announced today that it has inked a deal to represent up and coming star Young Mystic. Young Mystic's music will be released by PVIPE Music.
Young Mystic is a 19-year-old hot young rising star in the hip-hop, rhythm and blues tradition. He will premiere his new single titled "Fly Like Me" at his live performance November 22, 2008 at Marquee Theatre. The song was written and recorded by Young Mystic and label mate Jo Beng at the legendary Studio at the Palms Resort and Casino in Las Vegas. The song was executive produced by PVIPE Music. The production team included Jay Kapp of BeatMobb productions and Graham "Bigadee Bunch" Benskin, brother of music icon Nile Rogers.
His Top 40 hit single titled "Last Time" was premiered on the #1 mix-show in Palm Desert by celebrity DJ SupaJames of Hot 97.7 KRCK. "Last Time" features an acoustic guitar on a catchy hook with smooth lyrics that will appeal to a cross over audience. While in Las Vegas kicking off his west coast promotional tour, he met with on-air personality Chris Cash aka: Cashavelli, The Prince, of Hot 97.5 KVEG. Cashavelli is featured on the remix version of "Fly Like Me." Visit www.myspace.com/mysticmusic2 for more information on Young Mystic.
"We are excited to be working with Young Mystic and his team," said David Pryce, co-founder of PVIPE Music and Phoenix VIP Events. "Young Mystic has the determination, songwriting and performance ability to make it to superstardom and he will soon be a household name."
Sponsored by Episential, Phoenix VIP Events is a premiere event, rising talent promotion and lifestyle marketing company. The principles of Phoenix VIP Events have extensive experience in entertainment industry publicity, advertising, marketing and promotion that provide its clients with expert support through their relationships with media, publishers, promoters, radio stations and talent. PVIPE Music is the record label arm of Phoenix VIP Events that handles writing, publishing, production and distribution for its artists. www.phoenixvipevents.com.
Jo Beng's CD, "Law of Attraction," is available through her website www.jo-beng.com. Check out Cashavelli at www.Cashavelli.com and DJ SupaJames at www.DJSupaJames.com.
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Contact: Phoenix VIP Events Email Contact Direct: 310-779-2334
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)-- Twin Cities businessman Denny Hecker announced today that he has sold three of his dealerships and closed six additional dealerships effective immediately. The shutdown of the dealerships has resulted in the layoff of approximately 400 employees.
"The decision to realign our dealerships came as we found ourselves in the midst of a 'perfect storm' of economic bad news: a financial crisis on Wall Street, chaos in the housing market, consumer confidence at an all-time low and the sight of the Big 3 on their knees in Washington asking for a bailout loan," said Hecker. "We needed a new business model built around our dealerships with the most potential volume and value. Going forward, our management team will immediately focus on those remaining dealerships and on developing a new business model, one that delivers our customers less hassle, greater choice and more bang for their buck."
The new Denny Hecker Automotive Group is open for business as usual and consists of two Toyota dealerships, three Hyundai dealerships, one Cadillac Pontiac GMC dealership and one Chevrolet dealership:
-- Brainerd Hyundai
-- Brainerd Toyota
-- Inver Grove Heights Toyota
-- Los Angeles Hyundai
-- Pine City Car & Truck City
-- Southview Chevrolet
-- St. Cloud Hyundai
-- Stillwater Cadillac Pontiac GMC
The dealerships that have been closed are:
-- Blaine Bargain Lot
-- Forest Lake Chrysler Jeep Dodge Mitsubishi
-- Monticello Dodge Ford and Mercury Suzuki Kia
-- Rosedale Hyundai
-- Shakopee Chrysler Jeep Dodge
-- Stillwater Ford Lincoln Mercury
The dealerships which have been sold to private investors are:
-- Inver Grove Heights Hyundai
-- Inver Grove Heights Volkswagen
-- Peninsula Dodge
Customers who are affected by the shutdown of the dealerships can contact customer@dennyhecker.com or call toll-free 888-836-8383 for more information.
For more information, please contact Jon Austin at 612-839-5172 or jon@jaustingroup.com.
Source: Denny Hecker Automotive Group
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 21, 2008) - Teck Cominco Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that Executive Vice President and Chief Operating Officer, Peter Kukielski, will be leaving Teck to pursue a new opportunity effective December 15. Teck wishes to thank Mr. Kukielski for his contribution and in particular for his role in the recent corporate restructuring which saw the formation of five new strategic business units.
Each business unit is led by a senior executive with full responsibility for the unit's performance. They are: Boyd Payne, President and Chief Executive Officer, Teck Coal Limited; Roger Higgins, Senior Vice President, Copper; Mike Agg, Senior Vice President, Zinc; Ray Reipas, Vice President, Energy; and Rob Scott, Vice President, Gold.
About Teck
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Further information about Teck can be found at www.teck.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Teck Cominco Limited
Greg Waller
Vice President, Investor Relations & Strategic Analysis
(604) 699-4014
Website: www.teck.com
Source: Teck Cominco Limited
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