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plus 3, NASCAR Nationwide Points Leaders - ESPN.com


NASCAR Nationwide Points Leaders - ESPN.com

Posted: 22 Feb 2010 11:34 AM PST

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Through Feb. 20

1. Carl Edwards, 335.

2. Joey Logano, 311.

3. Kyle Busch, 304.

4. Justin Allgaier, 303.

5. Brad Keselowski, 299.

6. Brian Vickers, 297.

7. Steve Wallace, 289.

8. James Buescher, 271.

9. Greg Biffle, 265.

10. Paul Menard, 256.

11. Brian Scott, 240.

12. Michael Annett, 239.

13. Scott Riggs, 233.

14. Kevin Harvick, 219.

15. Mike Wallace, 216.

16. Tony Raines, 214.

17. Tony Stewart, 195.

18. Brian Keselowski, 191.

18. Kenny Wallace, 191.

18. Michael McDowell, 191.

21. Jason Leffler, 185.

21. Scott Lagasse Jr., 185.

23. Eric McClure, 175.

24. Trevor Bayne, 170.

24. Colin Braun, 170.

26. Joe Nemechek, 169.

27. John Wes Townley, 167.

28. Brendan Gaughan, 164.

29. Robert Richardson Jr., 152.

30. Kelly Bires, 146.

31. Danny Efland, 140.

32. Kasey Kahne, 138.

33. Danica Patrick, 128.

34. Mike Bliss, 125.

35. Jason Keller, 103.

35. Bobby Gerhart, 103.

37. Ricky Stenhouse Jr., 101.

38. Josh Wise, 98.

39. Parker Kligerman, 97.

39. Morgan Shepherd, 97.

41. David Reutimann, 85.

42. Jeff Green, 82.

43. Dale Earnhardt Jr., 81.

44. Willie Allen, 79.

45. Mark Green, 67.

46. Derrike Cope, 55.

47. Stanton Barrett, 52.

48. Johnny Sauter, 49.

49. Kevin Lepage, 43.

50. Dennis Setzer, 37.

50. Brad Teague, 37.


Copyright 2010 by The Associated Press

This story is from ESPN.com's automated news wire. Wire index

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NASCAR Sprint Cup Points Leaders - ESPN.com

Posted: 22 Feb 2010 11:34 AM PST

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Through Feb. 21

1. Kevin Harvick, 331.

2. Clint Bowyer, 312.

3. Greg Biffle, 304.

4. Jamie McMurray, 302.

5. Jeff Burton, 300.

6. Mark Martin, 297.

7. Matt Kenseth, 288.

8. David Reutimann, 273.

9. Joey Logano, 263.

10. Carl Edwards, 262.

11. Kurt Busch, 254.

12. Jimmie Johnson, 253.

13. Kyle Busch, 252.

14. Brian Vickers, 250.

15. Scott Speed, 246.

16. Dale Earnhardt Jr., 242.

17. Tony Stewart, 235.

18. Paul Menard, 233.

19. David Ragan, 214.

20. Martin Truex Jr., 201.

21. Denny Hamlin, 198.

21. Jeff Gordon, 198.

23. Juan Pablo Montoya, 196.

24. Elliott Sadler, 187.

25. Bobby Labonte, 182.

26. Sam Hornish Jr., 167.

27. AJ Allmendinger, 160.

28. Brad Keselowski, 155.

29. Travis Kvapil, 154.

30. Regan Smith, 152.

31. Robby Gordon, 148.

32. Boris Said, 142.

33. Kasey Kahne, 139.

34. Mike Bliss, 134.

35. Max Papis, 122.

36. Ryan Newman, 116.

37. Michael Waltrip, 109.

38. Michael McDowell, 101.

39. Marcos Ambrose, 98.

40. David Gilliland, 85.

41. Bill Elliott, 82.

42. Joe Nemechek, 77.

43. Robert Richardson Jr., 70.

43. Kevin Conway, 70.

45. John Andretti, 49.

46. Dave Blaney, 45.

47. Aric Almirola, 34.


Copyright 2010 by The Associated Press

This story is from ESPN.com's automated news wire. Wire index

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Harman in talks with acquisition targets: CEO - Reuters

Posted: 22 Feb 2010 09:39 AM PST

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BANGALORE (Reuters) - Harman International Industries Inc (HAR.N) is talking to potential acquisition targets in China, India and Brazil as the audio products company plans to spend up to $200 million in deals over the next 12 to 18 months, its chief executive said.

Deals | China | Brazil

The acquisitions will be part of a larger strategy for the company, whose brands include Harman Kardon, JBL, Mark Levinson and Infinity, to rapidly expand its business in these countries.

Harman is targeting revenue of about $1.4 billion from China, India and Brazil by 2015, compared with an estimated $175 million in fiscal 2010. The company's overall revenue for the fiscal year ended June 2009 was $2.89 billion.

"We are looking at all three countries right now. And there are excellent targets," CEO Dinesh Paliwal said in an interview with Reuters.

"We are in the midst of making those moves," he added.

The company plans to double its revenue in China this year to about $200 million, he said.

Harman was pursuing potential customers in Europe, North America and Asia, said Paliwal, 52. The company plans to take its success with BMW (BMWG.DE), Daimler-owned (DAIGn.DE) Mercedes and Toyota Motor Corp's (7203.T) to other potential customers.

"As we speak, we're in advanced discussions with a number of other clients."

Harman's lineup of blue-chip customers includes Audi (NSUG.DE)/Volkswagen (VOWG.DE) and PSA Peugeot Citroen (PEUP.PA).

The company -- whose products have been used in the 52nd Grammy awards and the U.S. 2009 presidential inauguration -- plans to continue to expand its margins. Adjusted gross margin rose 4.2 percentage points in the second quarter.

Harman, which competes with Bose, Yamaha and Sony Corp (6758.T) in various markets, is gaining market share across its three divisions: consumer, automotive and professional.

"We're taking market share at the expense of large German companies and also the Japanese," Paliwal said.

Sony was selling Harman products at its stores as part of a shop-in-shop concept pilot in Canada that could be rolled out in the rest of the world, he said.

Founded by Sidney Harman in 1953 as Harman Kardon, Stamford, Connecticut-based Harman International went on to create the world's first stereo receiver and the first high-frequency loudspeakers for professional recording studios.

Shares of Harman, which have tripled in the last 52 weeks, were trading up 22 cents at $44.18 in morning trade Monday on the New York Stock Exchange.

(Reporting by S. John Tilak; Editing by Gopakumar Warrier)

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Toyota hit with grand jury subpoena - CNN Money

Posted: 22 Feb 2010 08:20 AM PST

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by Peter Valdes-Dapena, senior writer

NEW YORK (CNNMoney.com) -- Toyota said Monday it has received a federal grand jury subpoena for documents relating to the unintended acceleration of its vehicles and braking systems in the Toyota Prius.

The carmaker also received a request and a subpoena for similar documents from the Los Angeles office of the Securities and Exchange Commission. The subpoenas and request were revealed in an SEC fililng.

Toyota (TM) has recalled more than 8 million vehicles related to possible unintended acceleration. The 2010 Toyota Prius was the subject of a separate recall involving problems with its brakes.

The federal grand jury subpoena was from the Southern District of New York. A spokeswoman for the U.S. Attorney's Office in the Southern District declined to comment on the matter, saying "It is our office's policy to neither confirm nor deny the existence of an investigation."

Toyota intends to cooperate with the investigations, the automaker said in its filing.

Toyota president Akio Toyoda and other company executives are expected to testify in Washington on Wednesday before the House Oversight Committee. The committee is looking into how the automaker and federal auto safety regulators dealt with concerns over unintended acceleration in Toyota vehicles.

Internal documents leading up to the hearing show Toyota executives boasting of the cash saved by negotiating down the severity of the recall related to acceleration.

Separately, the company said late Monday it will offer a brake override feature on more models to "provide an additional measure of confidence" for customers.

The feature automatically reduces engine power when the brake and accelerator panels are applied simultaneously. It will be added to the 2005-10 Tacoma, 2009-10 Venza and 2008-10 Sequoua when modifications are made to fix the sticking accelerators.

Toyota said the brake override feature will be incorporated into most models sold in the United States by the end of this year. To top of page

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