Wheaton Honda's Deal Hunter event spells savings for Edmonton car shoppers Oct 31, 2014 11:45AM

EDMONTON, Alberta, Oct. 31, 2014 /PRNewswire-iReach/ -- While the rest of the world remains firmly planted in 2014 until the clock strikes midnight on January 1, the automotive world has been dipping its collective toe in 2015 waters for months. Soon, however, it's going to take a headfirst dive as more and more 2014 models get replaced by their 2015 counterparts.

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At Wheaton Honda, an Edmonton, AB dealership, the move from 2014 to 2015 models has presented an opportunity for a model-year closeout deal, dubbed The Deal Hunter Event, that is helping area car shoppers uncover significant savings on select 2014 Honda models.

Among those models with slashed prices is the 2014 Honda Fit DX-A, which starts at an MSRP of $17,540, but is currently available with a $1,500 rebate as the dealership makes way for the all-new 2015 Honda Fit.

In addition to the 2014 Honda Fit, the 2014 Honda Civic LX is currently available with an even larger rebate of $2,000, bringing its starting price down to $17,990. While the 2015 Honda Civic has recently become available on the Wheaton Honda lot, drivers searching for new car bargains in Edmonton, Alberta can take advantage of these limited time offers.

Perhaps the most enticing offer of them all is on the 2014 Honda CR-V LX with front-wheel drive, which drivers can own with $3,000 cash purchase savings, making it one of the best values in Edmonton, Alberta.

For more information on The Deal Hunter Event and to see the models available in this limited-time offer, visit www.wheatonhonda.com. Interested parties can contact a Wheaton Honda representative by phone at 780-463-7888.

Media Contact: Melina Beeston, Wheaton Honda, 780-463-7888, mbeeston@donwheaton.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Wheaton Honda

Thousands of "Catrinas" Descend on Mexico City During The Day of the Dead Celebrations Oct 31, 2014 11:45AM

MEXICO CITY, Oct. 31, 2014 /PRNewswire/ -- Thousands of "Catrinas" will take over the streets of Mexico City for the "Catrina MX Fest" on Nov. 1, 2014. Residents and visitors alike will be dressed to resemble the iconic female skeleton, wearing plumed hats, elegant gowns and elaborate face paint in hopes to become a part of history by setting the Guinness World Record for the largest number of Catrinas. A creation by famed artists Jose Guadalupe Posada and Diego Rivera, Catrina's likeness is associated with the Day of the Dead (Dia de los Muertos) holiday that is celebrated annually from Oct. 24 through Nov. 2. The ten day celebration honors departed loved ones with festivities including candlelight rituals, time-honored ceremonies, street fairs, and lively performances through the various Mexico City neighborhoods.

Situated atop ancient and colonial ruins, the metropolis of Mexico City blends historic traditions and contemporary culture during the Day of the Dead festivities. In San Andres Mixquic in Tlahuac, the "City of the Dead," visitors can pay homage to "the lord and lady of the underworld," view the decoration of family burial plots, observe candlelight rituals, enjoy street festivals and attend concerts at the Theatre and Cultural House of Mixquic.

Bosque de Chapultpec, Latin America's largest public park, is a popular attraction during the Day of the Dead holiday, hosting the "Fesitval Dia de Muertos." Ongoing activities throughout the park include chocolate and pan de muerto (holiday bread) tastings, tours of the botanical gardens and outside films that are open to the public.  For an active adventure from park to city streets, Mexico City Environment Office is sponsoring a night bike ride and costume contest on Nov. 1 from 7:00 p.m. to 11:00 p.m. More than 55,000 costumed participants will pedal through the city, weaving through Chapultepec Park, Paseo de la Reforma and the historic district.

A mirror to the past, Xochimilco, the "Venice of Mexico City," should not be missed. Enjoy the "Tianguis del Dia de Muertos," a large Day of the Dead market with expansive flower stalls and local handmade items, or hop on a gondola (trajinera) and explore Xochimilco's waterways while being serenaded by mariachi musicians. The Museo Dolores Olmedo Patino in Xochimilco is hosting the "Fiesta de los Muertos" on Nov. 1 and 2 that will include walking tours, concerts and ongoing festivities. Visitors are invited to attend performances that bring to life the legends of Mexico City and the Day of the Dead, like "La Llorona." With a nod to Halloween, the Day of the Dead activities in Xochimilco also include the "Forest of Fear," at Club Campestre Monte Sur. The interactive experience takes participants on a mile journey through a haunted forest where participants interact with spooky characters.

"Ofrendas," offerings to pay homage to the deceased, are an honored tradition during the holiday. The Mega Ofrenda Zocalo, displayed in Mexico City's center plaza, the Zocalo, is protected by the United Nations Educational, Scientific and Cultural Organization (UNESCO) and available for the public to view from Oct. 29 to Nov. 2. The large offering displays oversized skulls and skeletons made out of cardboard, and the altar is adorned with cempasuchil flowers (Marigolds). Universidad Nacional Autonoma de Mexico (UNAM) also erects an annual Mega Ofrenda. This year, UNAM's ofrenda is dedicated to artist Frida Kahlo whose life began and ended in Mexico City. Viewing is open from Oct. 30 to Nov. 2.

Mexico City is the country's premier tourism destination, welcoming more than 12.5 million visitors a year.  The ancient capital offers a vibrant, contemporary culture that combines pre-Hispanic, colonial and modern influences that span nearly seven centuries.  With more than 160 museums, 30 distinct archaeological and historic sites, and 100 art galleries, the city is a mecca of fine art and treasures that speak to the city's vast history. The Mexico City Tourism Promotion Fund (Fondo Mixto de Promocion Turistica del Distrito Federal) supports and enhances city tourism.  For more information and daily updates please visit/follow us on Facebook (www.facebook.com/MexicoCityLive) and Twitter (@MexicoCityLive).

Media Contacts: Miranda Zackowski 212.537.8724 mzackowski@webershandwick.com  

SOURCE Fondo Mixto de Promocion Turistica del Distrito Federal

Fitch: Haircut Minimums May Push More Repo to Central Clearing Oct 31, 2014 11:45AM

NEW YORK--(BUSINESS WIRE)-- The Financial Stability Board's (FSB) proposed global minimums for collateral haircuts affecting noncentrally cleared repurchase agreement (repo) transactions could gradually increase central clearing for nonbank repos backed by riskier collateral types, according to Fitch Ratings. Minimum haircuts on repo collateral when clearing through central clearing parties (CCPs) will likely be less punitive than the proposed guidance, Fitch believes.

The FSB's minimum haircut levels distinguish collateral risks by maturity bucket and by credit type (i.e. corporate versus structured credit). Structured finance collateral with less than 10 years to maturity, for example, would face at least two times the haircut minimums of corporate credit risks.

Fitch believes that the proposed haircut minimums are near or below the lowest decile of haircuts currently available in the market, based on data from the U.S. tri-party repo market and disclosed by the New York Fed. So while a dramatic resetting of haircuts would not be expected, some of the lowest, (or more preferred) haircuts in the market would likely need to be reset.

Looking ahead, as the proposed minimums are adopted into regulation, they could serve as a barrier to softening repo collateral requirements in more benign market environments.

The suggested minimum haircuts may over time help regulators achieve the goal of moving more bilateral and tri-party repo transactions toward central clearing, which should help manage systemic risk and improve market transparency. Longer term, better efficiency and capital relief provided by central clearing may make this a preferred avenue for the major broker-dealers.

The proposed guidance, which was announced on Oct. 14, is a positive step toward protecting large banks and their clients operating in the repo market. Repo is expected to remain an important form of wholesale funding for a number of buy side participants including hedge funds, money market funds, REITs and traditional asset managers (on behalf of their funds).

If more volume shifts to CCPs, large broker-dealers may gain flexibility to preserve their existing buy side relationships because centrally cleared transactions tend to carry lower regulatory capital charges. Longer term, however, the increase in transparency provided by CCPs may facilitate direct transactions among buy-side institutions. This may in turn lead to disintermediation of the broker-dealers, which have already reduced their footprint in the repo market due to regulatory constraints, such as heightened leverage ratio requirements for those that are part of banking groups.

The same week as the FSB's proposed guidance was announced, the Depository Trust and Clearing Corporation's (DTCC) subsidiary, Fixed Income Clearing Corporation, announced that it is seeking regulatory approval to provide central clearing for the tri-party repo market. The move would expand the DTCC's already established services for centrally clearing repo for its qualified members under its Government Securities Division, which comprises major broker-dealers and other institutions.

While sovereign- and government-backed securities comprise the bulk of the repo market's overall collateral, the new haircut guidance applies to equities and nongovernment fixed-income repo collateral, the forms of collateral that contributed to the funding pressures experienced financial institutions during the financial crisis.

The final impact of implementing the proposals will be dependent on the counterparties, products, geographies, banks and various regional forms of implementation. Repo haircuts applied by banks tend to be tailored to specific counterparties and collateral types, and unlike the FSB's guidelines, make clear distinctions based on the collateral's credit strength.

The above article originally appeared as a post on the Fitch Wire credit market commentary page. The original article can be accessed at www.fitchratings.com. All opinions expressed are those of Fitch Ratings.


Fitch Ratings

Ilya Ivashkov, CFA

Senior Director

Financial Institutions

+1 212-908-0769

33 Whitehall Street

New York, NY


Matthew Noll, CFA

Senior Director

Financial Institutions - Fitch Wire

+1 212-908-0652


Media Relations:

Brian Bertsch, +1 212-908-0549


Source: Fitch Ratings

New York's Second-Oldest Resident, Goldie Steinberg, Celebrated Her 114th Birthday at Grandell Rehabilitation and Nursing Center Oct 31, 2014 11:43AM

LONG BEACH, NY -- (Marketwired) -- 10/31/14 -- Goldie Steinberg, a long-term resident of Grandell Rehabilitation and Nursing Center, celebrated her 114th birthday on October 30, 2014. Grandell hosted a special celebration for Goldie's milestone birthday, and welcomed family, friends and well-wishers to join in the festivities. An exuberant and welcoming individual, she is officially the 13th oldest person in the world, the second-oldest in New York State and the oldest on Long Island, according to the Gerontology Research Group.

Goldie was born on October 30th, 1900, in Kishinev, Romania. She immigrated to the United States at the age of 23, after her uncle offered her and her sister the opportunity. Then residing in Brooklyn, Goldie worked as a seamstress, sewing draperies and dresses. She met her husband, the late Phillip Steinberg, while a member of a society of Eastern Europeans. The couple moved to an apartment in Brooklyn and had two children. Ms. Steinberg is still active, spending her time watching the Yankees, knitting and helping out fellow residents. She has voted in every election since 1924, a total of 23 times. When asked about her secret to a long and healthy life, Goldie says, "My children keep me alive."

"Goldie is such an immense pleasure to have here at Grandell. We are blessed to be in the presence of someone as wise and as wonderful as she is. From the bottom of our hearts, we all wish her many more years of continued joy and nothing but love," said Baruch Giberstien, Administrator at Grandell Rehabilitation and Nursing Center.

Grandell Rehab and Nursing Center, located at 645 West Broadway, Long Beach, NY, is a 278-bed premier skilled nursing and rehabilitation care center providing 24-hour comprehensive inpatient care to adults of all ages. Grandell provides short-term rehabilitation, long-term care and hospice care, along with a renowned Alzheimer's/Dementia program. Grandell Rehab and Nursing Center also offers a highly successful amputee rehab program which utilizes a specially-made 55-foot long harness, the first of its kind in New York State.

For more information on Grandell Rehab and Nursing Center, visiting hours, or general inquiries, contact Baruch Giberstien at 516-889-1100 or visit www.grandellrehab.com.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2709905

(631) 207-1057

Source: Grandell Rehabilitation and Nursing Center

More Choice, More Data. AT&T Adds More Data To New Mobile Share Value Plans On The Nation's Most Reliable 4G LTE Network Oct 31, 2014 11:43AM

DALLAS, Oct. 31, 2014 /PRNewswire/ -- Beginning Sunday, Nov. 2, AT&T* is enhancing its Mobile Share Value plan portfolio with two new plans**.   We're giving customers more data to share on two of our plans, so now you can get 3GB for $40 a month and 6GB for $70 a month (plus device access charges).

More data to share is a great deal. Let's check out an example – If you buy a smartphone on AT&T NextSM and sign up for the Mobile Share Value plan with 3GB of data, you'll pay $65 a month for your wireless service on that smartphone. Sending emails, sharing photos, downloading music, whatever you want to do – there are now more options to find a plan that keeps you connected.

New and existing AT&T consumer and business customers will see great value in these plans, which includes domestic unlimited talk and text, – and the nation's most reliable 4G LTE network***.

Here are the facts:

Monthly Plan Charge


Smartphone Access Charge



+ $25/mo. per line – w/ AT&TNextSM or no term commitment($40/mo. w/2-year contract)


also includes

Unlimited Talk & Text


Unlimited International Messaging




Was 2GB

Now 3GB


Was 4GB

Now 6GB

Additionally, AT&T customers can get unlimited international messaging (text, picture and video) on all Mobile Share Value plans for no additional cost. Unlimited international messaging includes messages sent from the U.S., Puerto Rico and U.S. Virgin Islands to more than 190 countries for text messages and 120 countries for picture & video messages.

With Mobile Share Value plans, eligible customers can choose to purchase a phone with an AT&T NextSM installment agreement with no annual service contract and no down payment.  And with AT&T NextSM, qualified customers can get a new smartphone every year.

Mobile Share Value plan customers can additionally bring their own device or purchase a phone at full retail price or on a 2-year wireless agreement. You can also add a tablet for $10 a month.

And for customers who need more data to share, we've extended the Double the Data offer on Mobile Share Value plans from 15GB to 50GB until Nov. 15, 2014.  For example, new and existing customers who proactively sign-up by November 15  get 30GB of data for the price of 15GB**** – perfect for families and small business customers. 

Customers can learn more about the new plans by visiting www.att.com/mobilesharevalue, logging into the myAT&T mobile application, or, for small businesses at att.com/attmobileshare.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

**Mobile Share Value: Pricing is for wireless service only and includes monthly plan charge and monthly access charge per device. Phone purchase costs additional. Other pricing options are available. Other charges and restrictions apply.

***Reliability based on nationwide 4G LTE networks.

**** Sign up by 11/15/14.  Offer, pricing, and terms subject to change.  Restrictions apply. 

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and internationally. With a powerful array of network resources that includes the nation's most reliable 4G LTE network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, AT&T also offers the best global wireless coverage, based on offering roaming in more countries than any other U.S. based carrier, and offers the most wireless phones that work in the most countries. It also offers advanced TV service with the AT&T U-verse® brand. The company's suite of IP-based business communications services is one of the most advanced in the world.

Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://about.att.com or follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

© 2014 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

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