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    CAZENOVE TO BE TAKEN OVER BY JP MORGAN
    November 19, 2009 - United Kingdom

    JP Morgan annouces that it will buy Cazenove, its UK joint venture partner, for around 1 billion pounds ($1.67 billion). The two firms have been operated their joint venture since 2004 and say that the investment banking business will be continuing under the JP Morgan Cazenove brand, with most of the company's senior executives continuing in their roles. The deal values the combined joint venture at around 2 billion pounds. Cazenove (which is the Queen's stockbroker) isn't listed, but has around 1,500 shareholders, who are mostly current or former employees. Casenove is a 190 year-old company.

    CONFEDERATION BRIDGE
    November 19, 1996 - Northumberland Strait, Canada

    The last component of the Confederation Bridge was placed, crossing the Northumberland Strait, Canada. The piers are 250 metres apart and offer a ship's clearance of 172 metres in width. The 12.9 km Confederation Bridge joins Borden-Carleton, Prince Edward Island and Cape Jourimain, New-Brunswick and is the longest bridge over ice covered waters in the world. The bridge construction began in Oct 1993, and was opened on 31 May 1997. It carries two lanes of traffic 24 hours a day, seven days a week and takes approximately 10 minutes to cross at normal travelling speeds. The bridge was built curved so that drivers could see the traffic in front of them, a design chosen to reduce accidents.

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Know About Discount Lighting :

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Are you excited about shopping for national lighting at your favorite store? Indeed, you still be wise when you?re shopping on your favorite lighting fixture. Sometimes discount lighting strategies are tricky when seeking a quality lighting system.

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In considering discount lighting, the price is not the decisive factor. In making final decision, advantages should be on top of the lowered price. For example, determine whether other factors such as sales tax, shipping price and the return or refund policy are part of the agreement.

First, it is wise to know the reasons for having discounts. Is there a season or occasion? Manufacturers of lights rarely offer discounts directly to their customers. They usually leave that prerogative to their authorized dealers and retailers. However, at occasions when they indeed grant discounts, consumers are likely to benefit fully because the middle party is not part of the deal.

Discount lighting is a way to promote the brands? quality especially when it is still new. It does not connote that lights with discounted prices are of inferior quality. At most, discounts are given as part of marketing strategy of a store particularly when competition is very tough at their area or at the place of their target market.

Local stores that are labeled as salvage store because of their junky appearance could be a great location for shopping for your fixtures. However, if you cannot find one in your local area, you can still shop for discounted pendant lights or wall lights at department store. The ones which are having a closing sale, last items sales, payday sale are great chances to catch discount lighting.

Discount Lighting is a term given to lighting system at discounted prices. There are several reasons for having this. For one thing, it sets the competition to a friendly level. Today, there are hundreds of manufacturers that offer their lighting products. Selling lights at discount puts them upfront.

At times, the discounts are a fa?ade that in making the final process of transaction, the merchandise is actually bought at regular prices due to other fees. Shipment fees and sales tax are a significant consideration. Are you really having leverages buying the most coveted discount lighting for your kitchen from an online shop even when you have to cover for the shipping fees? What if the merchandise disappoints you when it arrived at your location?

If you place your orders direct to the manufacturers, there could be readily available items with discounts or there could be not. Materials, demands and labor force are among the many considerations of every manufacturing company.

However, bear in mind that not all manufacturers sell directly to the customers. At most, they have authorized retailers that decide the discount amount of the merchandise. Lighting manufacturers themselves cannot impose fix amount of discounted price. It is the sole discretion of a retailer. Buying discount lighting direct from the manufacturers is a rare opportunity that reaps economical benefits because the middle man (which is normally the retailer) is out in the scenario.

Fierce competition in the industry is another reason why stores are giving discounts. This is especially true when there are several lighting stores in one area. To be on top of the others, they offer discount lighting to attract customers and to increase their sales. At times, the advantages are great because quality is not compromised.

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