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Seat to launch new Toledo

Seat is bringing back its Toledo and has revealed a first glimpse a new concept which will be on show at the Geneva Motor Show next week.

The next generation of the Toledo will be a more conventional five-door hatchback design, as opposed to the previous model which was an MPV style model.

This new Toledo concept is close to being a production model which is likely to go on sale in Spain first in the spring.

Head to AM's gallery section to see all the picturesreleased of the new Toledo concept.

Measuring 4.48 metres in length, the new Toledo will offer 500 litres of boot space and the convenience of a large rear hatch and folding rear bench.

Seat is attempting to combine a coupe-like profile with the functionality of an estate car.

James Muir, president of Seat, said: The Seat Toledo concept illustrates our idea of the perfect mid-range car.

It is an excellent combination of emotional design, top-level usability and dynamic driving characteristics.

The subsequent production model, our new Toledo, will write a whole new success story with its clear Seat identity, its excellent quality standard and exceptional value-for-money. Following the Mii family and the new Ibiza, the new Toledo marks the next wave in our model offensive and growth strategy.

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Seat to launch new Toledo

Telefilm Canada to offer big money to micro-budget digital projects

TORONTO - Telefilm Canada says it wants to offer big money to small projects.

The federal agency says it's introducing a pilot program that would give emerging filmmakers as much as $120,000 to make so-called "micro-budget" movies.

The fund targets low-budget ventures that cost less than $250,000 and are designed for various digital platforms. It would launch this summer.

Executive director Carolle Brabant revealed the plan today at the Prime Time in Ottawa conference, a national networking event for film, television, broadcasting and telecommunications industries.

She also announced a second fund that would support both emerging and established filmmakers and give tax-receipts to individual and corporate donors who want to back Canuck filmmakers.

Documentary maker Peter Raymont says it's something many producers have wanted to see for a long time.

"There's a lot of people in Canada who care about art and culture and filmmaking and would like to be able to support it and receive a tax receipt," said Raymont, one of Telefilm's consultants on the plan.

Still, the director had qualms about the fund, noting he'd prefer it if donors could put their money into a particular film rather than donate to a slate of Telefilm titles.

He suggested that allowing for targeted donations would elicit greater private investment, pointing to the experience he had recently completing a feature-length documentary about painter Tom Thomson.

Raymont says private donors provided almost one third of the $1 million budget for "West Wind."

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Telefilm Canada to offer big money to micro-budget digital projects

Stocks to Watch: Shutterfly, Zynga, Ascena Retail Group and More

By Corrie Driebusch and Drew FitzGerald

Among the companies whose shares are expected to actively trade in Fridays session are Shutterfly, Zynga and Ascena Retail Group.

Eastman Kodak said it agreed the proposed sale of its Kodak Gallery online photo services business to Internet-based personal publishing service Shutterfly for $23.8 million. Shutterfly shares surged 15% to $30.90 premarket.

Zynga late Thursday said it would introduce a new platform to allow people to be able to play the companys popular titles on Zynga.com instead of relying on social networks such as Facebook. Shares of Zynga jumped 3.9% to $15.04 premarket.

Ascenas fiscal second-quarter earnings jumped 50% as the apparel retailer posted stronger same-store sales, led by its Justice brand. Shares jumped 8.5% to $42.25 premarket after the company easily beat earnings and revenue expectations.

Flow Internationals fiscal third-quarter profit more than doubled as the maker of water-jet machines saw continued strength in its standard segment, though its advanced segment continued to post lower sales. Shares jumped 8.1% premarket to $4.28.

Foot Lockers fiscal fourth-quarter earnings rose 42% as innovative apparel and footwear merchandise led to stronger consumer demand, helping the retail chain report higher same-store sales and expanding margins. The companys fourth-quarter results easily topped Wall Streets expectations, though Foot Lockers stock fell 1.3% to $29.13 premarket as there may have been expectations same-store sales would have risen even higher than the 7.5%-increase reported.

SciClone Pharmaceuticals said it will discontinue the development of a drug to treat oral mucositis after a study did not yield positive results. The pharmaceutical companys shares dropped 8.2% to $4.15 premarket.

A123 Systems reported preliminary 2011 revenue that missed the battery developers November estimates amid a series of fourth-quarter charges. Shares fell 5.3% to $1.80 premarket.

Columbia Laboratories plans to reduce its work force by 10 employees to 14 after the U.S. Food and Drug Administration on Monday rejected a co-developed product intended for pregnant women. Shares jumped 12% to 75 cents premarket.

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Stocks to Watch: Shutterfly, Zynga, Ascena Retail Group and More

The issues surrounding the Sappi site are not so clear cut, Muskegon chamber chief says

MUSKEGON -- Many have responded to the call for the city of Muskegon to use "eminent domain" to take the former paper mill property from its new private owner with outrage. While Lakeside and Bluffton neighbors and environmentalists have issues over environmental cleanup and plans for industrial redevelopment of the 120-acre site on Muskegon Lake, some among them call for a public taking of the property.

The main pro-business organization in Muskegon is not ready to immediately jump on private property rights argument many MLive commenters have voiced. Northc9r is typical among those arguing the point.

You people are the same ones that would scream bloody murder if the city claimed eminent domain to take your property, as would I, but you're ok with it when someone else holds the deed and you have your own agenda.

I've posted it before regarding this but I hope you get the living **** sued out of you for trying to take away property rights!

And then muskdem wrote:

Are you people freaking kidding me? You want the city to take this man's property because you want more condos and offices? ... Are you now willing to pay him fair market price (plus a fair profit for his investment and work completed) for this property and pay for environmental cleanup of this property? ... I am appalled at the attitude of this citizens group, that any other day would scream about government interference. Eminent domain has been abused too many times . What if it was your house they wanted, so an abortion clinic or medical marijuana facility could be opened, for the greater good of society? And your local government was in favor of it. So back off, shut up, and let this man run his business in a profitable manner and create some much needed jobs, since you were not lining up to do so.

But Muskegon Lakeshore Chamber of Commerce President Cindy Larsen has another take. She and her organization are not taking a specific position in the debate over whether the city should rezone or use "eminment domain" on the former Sappi Fine Paper property now owned by Melching Inc.

But as the difficult public policies on the Sappi property get debated and a private property owner such as Doug Melching makes his way through the demolition and redevelopment process, Larsen would offer up the guiding principles of "sustainability" that are embraced by many businesses today.

"The principles of sustainability have to apply," Larsen said of the Sappi issue. "Progressive companies today make these their principles."

The sustainability philosophy is built on the "triple bottom line." A successful business must be built upon economic prosperity that comes with profits, environmental integrity and social justice.

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The issues surrounding the Sappi site are not so clear cut, Muskegon chamber chief says

FMS Freeport Maine Singles Dot Webs Dot Com – Video

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FMS Freeport Maine Singles Dot Webs Dot Com - Video