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"Head-up displays currently have their place in select high-end cars, but HUD makes this technology available as an aftermarket accessory for any vehicle, at an affordable price," said Dan Bartel, Garmin's vice president of worldwide sales, in a statement.
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To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends and the economic recovery strengthens. In particular, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate remains above 6-1/2 percent, inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee's 2 percent longer-run goal, and longer-term inflation expectations continue to be well anchored. In determining how long to maintain a highly accommodative stance of monetary policy, the Committee will also consider other information, including additional measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial developments. When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent."
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This morning, Lazard Capital Markets downgraded shares of Tesla Motors (TSLA) from buy to neutral as the current stock price assumes flawless execution by the electric car company. In the report, Lazard noted that a number of things have to go well to justify the current stock price and noted that they believe shares should trade closer to $100. On the news, shares of Tesla were lower by 3.4%.
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The Acibadem Sigorta acquisition complements Avicennia'sacquisition of an insurance joint venture between CIMB and Avivain Malaysia in early 2013, the fund said. Khazanah's portfolioof insurance assets includes Singapore ACR Capital Holdings,which specialises in conventional and Islamic reinsurance.