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EVCA.OB, AFG, AM, & BAC: American Financial Group, Inc. Announces The Pricing of $132 Million of Senior Notes


 

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EVCARCO (OTC:EVCA),

EVCARCO (OTC.BB:EVCA - News) is pleased to present to the shareholders of EVCARCO the latest update from its Italian manufacturer TAZZARI.

FROM TAZZARI GROUP ITALY www.tazzari-zero.com

Over 6 months have passed since ZERO was launched. While a discerning public admires its technological features, ecological concept, its design and the performance of this all-electric vehicle built using cutting-edge techniques, the TAZZARI team is busy planning and defining the vehicle's coming innovations.

What's in store for 2011:

Planned for spring next year there will be a number of innovations that are currently at an advanced stage of development.

These include a driver control panel with touch-screen technology. Part of the dashboard, the new control panel will give the driver easy, finger-tip control over a range of vehicle functions. Its design is essential and ultra-modern and this instrument represents a major innovation in the automotive sector, bringing it closer to that of latest-generation communication devices such as the iPod.

Externally, there will be a number of new optional features such as LED lights and front fog lamps. As far as drivability is concerned, adjustable suspensions are being developed to suit all road types, from urban freeways to off-road surfaces. Further developments for ZERO remain top-secret for the time being, but will be disclosed at the end of the year and will be available in 2011.

Spring 2012 will see the Roadster take to the roads.

Just 18 months before we will see the open top version of the TAZZARI ZERO ready for those star-filled summer nights. Available in Spring 2012, the TAZZARI ZERO Roadster is perfect for the free-spirited lovers of driving sensations.

Click on the following link in this newsletter to view a sneak preview of the official design concept and give us your opinion: http://www.tazzari-zero.com/index.asp?lan=eng&pag=ZERO%20Roadster

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About EVCA:

EVCARCO is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles.and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.

EVCA has alternative fuel vehicles, plug-in electric cars, hydrogen fuel injection cars , and hybrid systems from well-known auto makers and eco-friendly car makers you haven't heard of…yet.

The company, which is focused on the sale of alternative energy vehicles, has seen a dramatic increase in inquires from South America as well as specific government requests to supply all electric units for fleet use.

To See The Vehicles EVARCO Has To Offer, Go To: www.evcarco.com.

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American Financial Group, Inc. (NYSE/NASDAQ:AFG)

American Financial Group

is an insurance holding company, based in Cincinnati, Ohio with assets in excess of $30 billion. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of traditional fixed, indexed and variable annuities and a variety of supplemental insurance products. Great American Insurance Group's roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.

American Financial Group, Inc. announced today the sale of $132 million of 7% Senior Notes due September 30, 2050. The Senior Notes are redeemable on or after September 30, 2015, at 100% of their principal amount plus accrued and unpaid interest to the redemption date.

We intend to apply to list the Senior Notes on The New York Stock Exchange and expect trading in the Senior Notes to begin within 30 days of issuance. The net proceeds from the offering will be used for general corporate purposes.

This press release does not constitute an offer for sale of any securities. The Notes may be offered only by means of a Prospectus Supplement and accompanying base Prospectus. Banc of America Securities LLC and Wells Fargo Securities, LLC acted as joint book-running managers for the offering.

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American Greetings Corporation (NYSE:AM)

American Greetings Corporation has been a creator and manufacturer of innovative social expression products that assist consumers in enhancing their relationships. The Company's major greeting card lines are American Greetings, Carlton Cards, Gibson, Recycled Paper Greetings and Papyrus, and other paper product offerings include DesignWare party goods and American Greetings and Plus Mark gift-wrap and boxed cards. American Greetings also has the largest collection of electronic greetings on the Web, including cards available at AmericanGreetings.com through AG Interactive, Inc. (the Company's online division). AG Interactive also offers digital photo sharing and personal publishing at PhotoWorks.com and Webshots.com and provides a one-stop source for online graphics and animations at Kiwee.com. In addition to its product lines, American Greetings also creates and licenses popular character brands through the American Greetings Properties group. Headquartered in Cleveland, Ohio, American Greetings generates annual revenue of approximately $1.6 billion, and its products can be found in retail outlets worldwide. For more information on the Company, visit http://corporate.americangreetings.com.

As the heat of summer gives way to the cooler temperatures and beautiful colors of fall, a new season of weddings begins, sending consumers out shopping for the perfect gift for the happy couple. This fall, finding the perfect personalized gift is as easy as visiting PhotoWorks.com, where it's simple to create thoughtful gifts with favorite digital photos. Featuring original designs and artwork from the artists of American Greetings Corporation (NYSE:AM - News), this unique assortment of wedding gifts includes heirloom quality items in a variety of new styles.

Since many couples are waiting until later in life to get married, the perfect wedding gift is no longer one size fits all, and neither are the variety of products available from PhotoWorks. Their already popular Studio Books are now available in an easy to carry and share 5"x7" size. With eight new designs to suit everyone's taste, these photo books make a convenient gift for the bride to tote favorite wedding photos, and great gifts for parents of the bride and groom as well as the bridal party. For a more substantial presentation of wedding photographs, PhotoWorks 12"x12" photo books are coffee table worthy mementoes, available in both photo and leather covers.

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Bank of America (NYSE:BAC)

The Securities Arbitration Law Firm of Klayman & Toskes, www.nasd-law.com, announced today that it is continuing to pursue claims against Merrill Lynch, now a part of Bank of America, on behalf of a retired UPS (NYSE:UPS) employee for losses sustained as a result of maintaining a concentrated, leveraged position in UPS stock. The Claimant in that case seeks damages of $1.25 million. The suit was filed with the Financial Industry Regulatory Authority's (FINRA) Office of Dispute Resolution.

For his years of hard work and dedication with UPS, the Claimant received UbPS employee stock options which were exercised and subsequently deposited into his Merrill Lynch account. By 2005, the Claimant's portfolio was valued at over $3.5 million with over 90% in UPS stock, which represented a concentrated position. The Claimant owned over 50,000 shares of UPS stock that were trading at over $70 per share. The Statement of Claim alleges that while the UPS stock represented a concentrated stock position, Merrill Lynch failed to educate the Claimant, an unsophisticated investor, about the risk of owning a concentrated account. The Claimant had no idea that he was not being compensated for the risk to which his account was being exposed. Merrill Lynch failed to explain how the use of risk management strategies, like a collar, protective put options, stop loss orders and/or an exchange fund, could have protected the Claimant's life savings.

 

 

 

 

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