Fitch Places 5 Classes of JPMCC 2006-CIBC17 on Rating Watch Negative Feb 10, 2012 06:15PM

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has placed five classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., series 2006-CIBC17, commercial mortgage pass-through certificates on Rating Watch Negative.

Classes A-M through D have been placed on Rating Watch Negative based on an increase in Fitch's preliminary estimate of expected losses for the 20 specially serviced loans, three of which are within the top 15 loans in the pool. The largest contributor to expected losses is the Bank of America Plaza loan. The loan is secured by a 1.25 million square foot (sf) office property located in downtown Atlanta, GA.

Fitch expects to resolve the Rating Watch status within the next several months following a complete review of the transaction including updated performance data for performing loans. Following its review, the classes placed on Rating Watch Negative may be downgraded several categories.

Fitch has placed the following classes on Rating Watch Negative:

--$253.7 million class A-M 'AAAsf';

--$202.9 million class A-J 'BBsf';

--$44.4 million class B 'Bsf';

--$19 million class C 'B-sf';

--$34.9 million class D 'B-sf'.

Additional information on Fitch's criteria is available in the Dec. 21, 2011 report, 'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions', which is available at 'www.fitchratings.com' under the following headers:

Structured Finance >> CMBS >> Criteria Reports

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions' Dec. 21, 2011.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch RatingsPrimary AnalystLisa Cook, +1-212-908-0665DirectorFitch, Inc.One State Street PlazaNew York, NY 10004orCommittee ChairpersonAdam Fox, +1-212-908-0869Senior DirectororMedia RelationsSandro Scenga, +1-212-908-0278 (New York)sandro.scenga@fitchratings.com

Source: Fitch Ratings


American Airlines Assists Customers Affected by Weather in Northeast Feb 10, 2012 06:14PM

FORT WORTH, Texas, Feb. 10, 2012 /PRNewswire/ -- Due to the anticipated winter weather impact on the Northeastern United States, American Airlines is offering customers the convenience to change their plans. Customers ticketed to travel on American Airlines, American Eagle or AmericanConnection flights to, from, or through the airports listed below may change flights as shown without penalty.

Customers traveling to/from/through the cities listed below on Feb. 11 and whose ticket was issued no later than Feb. 10, may begin travel as late as Feb.13 under this policy:

  • Boston (BOS)
  • Hartford, Conn. (BDL)
  • New York Kennedy (JFK)
  • New York LaGuardia (LGA)
  • Newark (EWR)
  • Philadelphia (PHL)
  • White Plains, N.Y. (HPN)

The ticket reissue charge will be waived for one ticket change. To change travel dates, contact American's Reservations at 1-800-433-7300 within the U.S. or Canada. Customers calling from outside the U.S. or Canada, please check American's Worldwide Reservations Numbers page on AA.com.

About American Airlines

American Airlines, American Eagle and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,300 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 10,000 daily flights to 149 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. AMR Corporation common stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.

AMR Corporation, and certain of its United States-based subsidiaries, including American Airlines, Inc. and AMR Eagle Holding Corporation, on Nov. 29 filed voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York. More information about the Chapter 11 filing is available on the Internet at http://aa.com/restructuring.

 

SOURCE American Airlines


Closure Takes Top Spot at 2012 Indie Game Challenge Feb 10, 2012 06:14PM

Independent Developers Underpin a New Golden Age for Gaming

LAS VEGAS--(BUSINESS WIRE)-- The Academy of Interactive Arts & Sciences (AIAS), GameStop Corp. (NYSE: GME), and The Guildhall at Southern Methodist University are proud to announce that Closure was awarded the top prize at the third annual Indie Game Challenge. The winning team was named on the closing night of the annual D.I.C.E. ™ (Design, Innovate, Communicate, Entertain) Summit at the Red Rock Resort & Casino in Las Vegas.

“A common theme at D.I.C.E. 2012 is that gaming is entering a new Golden Era,” said Adam Sessler, host of G4’s X-Play. “Independent development has played a critical role as a source of creativity and original IP for the game industry. With the continued growth of downloadable titles on Xbox, PlayStation, PC, cloud, social and mobile platforms these indie developers are in the vanguard. They are the lifeblood of the industry. Checking out this year's finalists, I could not have expected a crop of higher quality games.”

Sessler served as host of the 2012 IGC awards ceremony for his third year. Attendees of the event ranged from an assortment of video game executives from top publishing companies to developers, some of the most influential games media and the ten finalist teams.

This year’s IGC was launched in June, 2011 and the entrants were culled down to ten in mid-January, 2012. All ten teams have had their games showcased during the D.I.C.E. Summit, offering a chance to interact with some of the biggest names in the industry as they demonstrated their titles and their new concepts and designs for a panel of industry judges.

The full list of winners and awards include:

$100,000 Grand Prize Winner

  • Closure was submitted by San Diego-based Eyebrow Interactive and the three-person team consisting of: Tyler Glaiel, team leader; Jon Schubbe, art/animation; and Chris Rhyne, sound/music. Closure is a unique and stylistic puzzle platformer that focuses on the concepts of light and shadow. Players are challenged to manipulate lights to effectively change the shape of the world they're in and bring gameplay objects in and out of existence.

Category winners include:

  • Technical Achievement ($2,500): Symphony
  • Achievement in Art Direction ($2,500): The Bridge
  • Achievement in Gameplay ($2,500): The Bridge
  • Gamer’s Choice Award ($2,500): Nitronic Rush

In addition, for the first time, GameStop gave special recognition to finalist game Symphony by offering a promotional exposure prize on their GameStop PC Download service worth up to $50,000 normally reserved for major game releases.

The recipient of the Indie Game Challenge $50,000 SMU scholarship will be announced later this year. In addition to monetary awards and industry recognition, all ten finalists have the unique opportunity to pursue potential commercial avenues for their games while at D.I.C.E. Members of each team will be rewarded with the opportunity to pitch their games face-to-face with a variety of publishers and leading industry developers.

For more information on the competition and to learn more about each of the winners, visit: www.IndieGameChallenge.com.

About the Indie Game Challenge

The Indie Game Challenge (IGC) is an annual competition for video game developers offering more than $250,000 in prizes for professional and non-professional categories. Founded by the Academy of Interactive Arts & Sciences, The Guildhall at SMU and GameStop, the IGC was created to foster game development innovation by independent developers. Prizes include cash awards, scholarships, national consumer exposure for the top games and an opportunity for the finalists to obtain professional feedback and seek commercial avenues for their games through face-to-face meetings with representatives from the leading video game publishers. For more information on the IGC visit www.IndieGameChallenge.com, www.interactive.org, http://guildhall.smu.edu or www.GameStop.com.

*To get images and assets, please contact Wendy Dominguez and she can provide FTP site details.

Ron JenkinsThe Guildhall at SMU972-473-3546www.guildhall.smu.eduorDebby ChenAcademy of Interactive Arts & Sciencesdebby@interactive.org818-876-0826 ext. 206orWendy DominguezGameStop Corp.817-722-7747WendyDominguez@gamestop.com

Source: GameStop Corp.


Official Marvel Colognes and Perfume to Launch at TIA Toy Fair in New York Feb 10, 2012 06:12PM

NEW YORK, Feb. 10, 2012 /PRNewswire/ -- Marvel's The Avengers may not hit theaters until May 4, but thanks to JADS International, LLC (JADS), fans can get an exclusive "whiff" of the much anticipated film. JADS, a company producing fine fragrances worldwide, is debuting their line of Marvel prestige colognes and perfumes at the Toy Industry Association's (TIA) Toy Fair this weekend in New York City. The Avengers Cologne Set, Black Widow Perfume, Infinity Formula for Men, and Mischief Cologne will be available to the public in April in the U.S. and Canada.

"Everyone has a favorite comic book hero, right? Now fans can experience what they love about these iconic characters in a much more personal way," said Andrew Levine, Chief Executive Officer of JADS. "We created a line of colognes and perfume inspired by Marvel's The Avengers after we identified a demand in the marketplace." John McGonigle, President of JADS, has inspired the company with his creative design and unique fan-centric product development that fit hand in hand with Marvel's The Avengers storyline. "The scents are bold without being intrusive, distinctive and empowering. We are proud to bring these unique products to market and believe there is no better way to build fan affinity than through the use of personal fragrances."

JADS Spring 2012 Line for Marvel's The Avengers Include:

The Avengers Cologne Set features four heroic fragrances: Patriot Cologne: Your Attack Plan, Mark VII Cologne: Armor Up, Worthy: Posses the Power, and Smash!: Be Angry.

  • Patriot Cologne, inspired by Captain America, pays homage to the confident, stand-up-to-bullies, hard-working average Joe in everyman. The cologne features hints of green lime and white pepper with finishes of dry oak wood, sandalwood and tequila.
  • Mark VII Cologne, inspired by Iron Man, combines mandarin and jasmine with light patchouli to create a contemporary expression of "I don't play well with others" confidence, leaving you ready for whatever a genius, billionaire, playboy-philanthropist might encounter throughout their day.
  • Worthy Cologne, inspired by Thor, is a woody citrus cologne with a combination of bergamot, frozen ginger and wheatgrass blended with a hint of fresh natural grapefruit and layered with cypress, creating a deep dry masculine almost "God-like" musk.
  • SMASH!, inspired by Hulk, is a clean scent with clear top notes of water lily and nutmeg, which carries on an intense woody dry down, enriched with Indian sandalwood, dry musk and warm cedar. Complementary to full range emotions, it wears well at work, in the lab, or an evening out on the town.

Three other scents are available outside of the Avenger Cologne Pack: Black Widow Perfume, Infinity Formula Cologne and Mischief Cologne.

  • Black Widow Perfume - Russian spy, trained assassin, world-class ballerina, girl from legal department. This perfume has a clear shot of citrus slowly giving way to sensual caramel and honey. The scent dries down with a blend of bitter chocolate, clear patchouli and praline.
  • Infinity Formula Cologne - Inspired by Nick Fury, CIC of S.H.I.E.L.D., this cologne is a seductive fragrance for not just any man, but only for those who will risk everything to keep the dream of freedom alive. And sure, you could describe it as a citron cocktail smoothed over with a couple of stiff shots of tonka bean and guaiac wood, or you could just put it on and know it makes you smell good.
  • Mischief Cologne - Inspired by Thor's bad brother, Loki, this unisex fragrance combines a base of green tea and amber with bergamot and cardamom in a dangerous-sexy, yet playful way that wears well on anyone, day or night.

More information including where these fragrances can be pre-ordered is available via http://www.jadsinternational.com. Retailers are still being determined and are welcome to visit JADS, who will be sampling the colognes and perfume at booth #4712 at the International Toy Fair. To arrange for a media demonstration or to request additional information, please contact info@jadsinternational.com. Images of the products and packages are available upon request.

About Marvel's The Avengers

Marvel Studios presents "Marvel's The Avengers" - the Super Hero team-up of a lifetime, featuring iconic Marvel Super Heroes Iron Man, The Incredible Hulk, Thor, Captain America, Hawkeye and Black Widow. When an unexpected enemy emerges that threatens global safety and security, Nick Fury, Director of the international peacekeeping agency known as S.H.I.E.L.D., finds himself in need of a team to pull the world back from the brink of disaster. Spanning the globe, a daring recruitment effort begins. Starring Robert Downey Jr., Chris Evans, Mark Ruffalo, Chris Hemsworth, Scarlett Johansson, Jeremy Renner and Samuel L. Jackson, and written and directed by Joss Whedon, "Marvel's The Avengers" is based on the ever-popular Marvel comic book series "The Avengers," first published in 1963 and a comics institution ever since. Prepare yourself for an exciting event movie, packed with action and spectacular special effects, when "Marvel's The Avengers" assemble in summer 2012.

About Marvel Entertainment

Marvel Entertainment, LLC, a wholly owned subsidiary of The Walt Disney Company, is one of the world's most prominent character-based entertainment companies, built on a proven library of over 8,000 characters featured in a variety of media over 70 years. Marvel utilizes its character franchises in entertainment, licensing and publishing. For more information visit http://www.marvel.com. Super Hero(es) is a co-owned registered trademark.

About JADS International, LLC.

JADS is a worldwide fragrance company built on the principles of developing and marketing niche high-quality products and providing exceptional service at a fair price. Our diversified product range continues to grow by setting trends, improving our standard products, and most importantly, listening to the customer to exceed their expectations. Well-known JADS fragrance collections include Star Trek (Tiberius Cologne for Men, Pon Farr Perfume for Her, Red Shirt Cologne, Shirtless Kirk Cologne and Sulu Pour Homme), Star Wars (Slave Leia Perfume, Eau Lando Cologne), and Marvel (The Avengers, Spiderman Cologne and Deadpool Cologne). For more information, visit http://www.jadsinternational.com

Media Contact:

John McGonigle (443) 527-0367 johnm@JADSinternational.com  

Andrew Levine(443) 838-8499andrewl@jadsinternational.com

 

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE JADS International, LLC


California Rent-A-Car Adds 2012 Models to an Already Great Fleet Feb 10, 2012 06:11PM

LOS ANGELES, Feb. 10, 2012 /PRNewswire/ -- The place for car rental in Los Angeles that's proud to stand out among its competitors in terms of selection and customer service has yet another leg up this month as they show off their new line of 2012 cars. Never content with offering just the standard in any area, California Rent-A-Car is sending their competitors scrambling to keep up with their inventory. The new lineup of Audis, Subarus and Volkswagens is sure to please the refined tastes of Los Angeles' luxury car rental customers.

Car aficionados know Audi was at the top of their game when they announced their 2012 lineup. Those looking for a midsized executive car should look no further than the Audi A6. The newly redesigned A6 features a bold, sporty new look influenced by the A7. The redesigned interior and exterior give the driver the unique combination of sport and class they expect from the German automaker. If a convertible is more your speed (or for those who just love well-designed cars), checking out the new A5 coupe convertible is a must. A mid-generational refresh has served the A5 a beautiful new headlight and grille combination that must be seen in person. California Rent-A-Car is excited to be offering these new Audis for rent at competitive prices.

But the need for car rental at LAX means customers with more on their mind than luxury, and California Rent-A-Car has new cars for those who mix style with practicality. The 2012 Subaru Outback is a great, all-around car for those looking for the versatility of an SUV and the size and profile of a station wagon. No need to worry a previous renter damaging this off-road capable car, since California Rent-A-Car's maintenance ensures that when you sit in your rental, you'll always get the experience of a clean, seemingly brand new car.

The Volkswagen Passat for 2012 is poised to tempt buyers of midsize cars away from the Japanese and American models that dominate the market, and with this redesign it's no wonder. Car rental customers can get acquainted with this new contender by renting it, and while they're at it, they can't beat the service at California Rent-A-Car.

Of course, in addition to these brand new models, California Rent-A-Car still boasts one of the best fleets of rentals out there. From luxury to green, from SUVs to compacts, there is no beating the experience of LA's premiere Rent-A-Car company.

PR Submitted By www.cyberset.com

SOURCE California Rent-A-Car


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