S&P, Nasdaq dip as Apple weighs

NEW YORK (Reuters) - Wall Street slipped on Monday, weighed down by shares of Apple in the face of demand concerns, while investors faced a busy week for earnings in what is expected to be a lackluster quarter.


Apple lost 2.8 percent to $505.84 as the biggest drag on both the S&P 500 and Nasdaq 100 <.ndx> indexes after reports that the tech company has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand. The stock earlier hit a session low of $498.51, the first dip below $500 since February 16.


"There is this speculation building 'Is this the end of Apple?'" said Carol Pepper, chief executive of Pepper International in New York.


But Pepper said Apple also "doesn't have to grow at the rate it was to do extremely well. It's still going to be one of the marquee companies of the U.S. and the world."


Apple suppliers also lost ground, with Cirrus Logic off 6.8 percent to $29.43 and Qualcomm down 1.2 percent to $64.13. The S&P tech sector <.gspt> gave up 0.9 percent as the worst perfumer of the 10 major S&P sectors.


The pace of earnings season picks up this week with 38 S&P 500 companies set to report, including Goldman Sachs , Bank of America , Intel and General Electric .


Overall earnings are expected to grow by just 1.9 percent in this reporting period, according to Thomson Reuters data.


President Barack Obama is expected to hold a news conference, which will cover looming budget and debt ceiling due dates on Monday, White House officials said.


"We could have some more noise because they are trying to get people to focus on their issues, but I don't think they are going" to allow the government to default, said Pepper.


Separately, Federal Reserve Chairman Ben Bernanke will be speaking on monetary policy, recovery from the global financial crisis and long-term challenges facing the American economy at 4 p.m. (2100 GMT).


The Dow Jones industrial average <.dji> added 6.79 points, or 0.05 percent, to 13,495.22. The Standard & Poor's 500 Index <.spx> shed 3.37 points, or 0.23 percent, to 1,468.68. The Nasdaq Composite Index <.ixic> lost 14.16 points, or 0.45 percent, to 3,111.48.


Appliance and electronics retailer Hhgregg Inc slumped 9.6 percent to $7.13 after the electronics and appliance retailer cut its same-store sales forecast for the full year.


Transocean Ltd has disclosed that billionaire activist investor Carl Icahn has acquired a 1.56 percent stake in the offshore rig contractor and is looking to increase that holding. Its shares rose 2.5 percent to $55.43.


The Dow, which does not list Apple as one of its components, fared better than the other two indexes as Hewlett-Packard rose 3.8 percent to $16.78 after JPMorgan upgraded its rating on the stock and raised its price target to $21 from $15.


(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)



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Wall Street sags as demand worries hit Apple






NEW YORK (Reuters) – Wall Street fell on Monday as shares of Apple were hit by demand concerns, while investors faced a busy week for earnings in what is expected to be a lackluster quarter.


Apple slid more than 3 percent after a report that the tech company has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand. The stock was down 3.5 percent at $ 502.30. [ID:nL2N0AJ14E] It was the biggest drag on the S&P 500 and Nasdaq composite indexes.






“They’ve had great growth, but the growth is going to slow because we have some formidable competitors we didn’t have when the iPhone first came out,” said Alan Lancz, president at Alan B. Lancz & Associates Inc in Toledo, Ohio


Apple suppliers Cirrus Logic tumbled 4.8 percent to $ 30.04 and Qualcomm lost 1.4 percent to $ 64. The S&P tech sector gave up 0.9 percent.


Earnings season picks up the pace this week with reports expected from companies including Goldman Sachs, Bank of America, Intel and General Electric.


Overall earnings are expected to grow by just 1.9 percent in this reporting period, according to Thomson Reuters data. Thirty-eight S&P 500 companies are due to report results this week.


“Expectations have been lowered from where they were a few weeks ago. Whether they’re low enough is going to be the key question,” said Lancz.


Analysts say the focus will be on what kind of guidance companies offer now that a deal has been reached on the “fiscal cliff.”


Investors will be watching a news conference from President Barack Obama, scheduled for 11:15 a.m. (1615 GMT). Obama is expected to focus on looming budget and borrowing due dates, White House officials said.


Separately, Federal Reserve Chairman Ben Bernanke will be speaking on monetary policy, recovery from the global financial crisis and long-term challenges facing the American economy at 4 p.m. (2100 GMT).


The Dow Jones industrial average slipped 23.01 points, or 0.17 percent, to 13,465.42. The Standard & Poor’s 500 Index fell 4.80 points, or 0.33 percent, to 1,467.25. The Nasdaq Composite Index gave up 15.57 points, or 0.50 percent, at 3,110.06.


Appliance and electronics retailer Hhgregg Inc cut its same-store sales forecast for the full year, sending its shares down 11 percent at $ 7.02.


Transocean Ltd has disclosed that billionaire activist investor Carl Icahn has acquired a 1.56 percent stake in the offshore rig contractor and is looking to increase that holding. Its shares rose 3.4 percent to $ 55.92.


The Dow fared better than the other two indexes as Hewlett-Packard rose 1.6 percent to $ 16.42 after JPMorgan raised its price target to $ 21 from $ 15.


(Editing by Kenneth Barry)


Business News Headlines – Yahoo! News





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CIO.com: Message Bus a Hot Startup to Watch in 2013






CORTE MADERA, CA–(Marketwire – Jan 14, 2013) – Message Bus, the pioneer of cloud-based infrastructure for email, mobile and social messaging, has been named one of seven hot mobile startups to watch in 2013 on CIO.com. The inclusion of Message Bus shines a necessary and critical light on the importance of email as a primary function of smart phones. In the article, reporter Jeff Vance said that Message Bus is poised to disrupt email and mobile marketing with a data- and analytics-centered approach to messaging.


Read Vance’s blog on why he selected Message Bus out of more than 150 startups here: http://news.messagebus.com/2013/01/14/7-hot-mobile-startups-2013/.






Message Bus’ Global Delivery Network, a cloud-native service available on-demand, provides organizations with an outsourced messaging infrastructure for sending email and mobile messages. The Global Delivery Network optimizes the deployment and deliverability of messages through an intelligent sending mechanism that adjusts to real-time sending conditions. Capabilities include centralized management and analytics across multiple message channels, guaranteed quality of service for time-sensitive transactional and triggered messages, and a scale-out service capable of handling message volumes of the most demanding senders. Message Bus delivers unprecedented value to companies who rely on all types of email and mobile messages to drive brand stickiness, awareness and long-term customer value.


“Message Bus is making the job of marketers and application developers easier by providing an outsourced service available on-demand which leverages the cloud’s flexibility and redundancy to expedite digital messages in today’s increasingly real-time, instant gratification based world,” said Ken Cheney, President of Message Bus. “The nomination of Message Bus to the 2013 list of hot mobile startups to watch affirms the critical role of email for communication and commerce on mobile devices.”


Other companies named mobile startups to watch include FuzeBox, InVenture and ZocDoc. For the full list, visit: http://www.cio.com/article/725277/7_Hot_Mobile_Startups_to_Watch_in_2013.


About Message Bus
Message Bus provides a cloud-native application service for enabling and powering messaging across email, mobile and social channels, helping to ensure deliverability of critical communications, transactional messages, and marketing messages. The company removes the burden and cost of deploying multiple messaging servers with a service available via SMTP or through a programmatic API. Market leading companies rely on Message Bus to manage the trust relationship between senders and recipients, increasing their message deliverability rates and revenues. Key benefits include lower cost to market, compliance to industry regulations and protecting brand reputation. More information is available on the company’s website: http://www.messagebus.com.


Facebook: http://facebook.com/MessageBus
Twitter: http://twitter.com/MessageBus


Marketwire News Archive – Yahoo! Finance





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Title games feature Ravens-Pats, 49ers-Falcons


One game is a rematch. The other might feel like one — at least to one of the teams.


For the second straight year in the AFC, the New England Patriots will host the Baltimore Ravens with a trip to the Super Bowl on the line.


In the NFC, it will be San Francisco traveling to Atlanta, with the Falcons defense trying to stop a versatile, running quarterback for the second straight week.


"Russell Wilson and Colin Kaepernick are mobile quarterbacks who throw the ball at extremely accurate levels," Falcons safety Thomas DeCoud said. "We can use this game as a cheat sheet to prepare for next week."


On Sunday, the Falcons barely got past Wilson and the Seattle Seahawks, who overcame a 20-point deficit to take a one-point lead, but gave it up after Matt Ryan drove Atlanta into field goal range and Matt Bryant made a 49-yard kick with 8 seconds left.


Atlanta is the only team not making a repeat appearance in the NFL's final four. Last year, it was the Giants playing, and beating, the 49ers for the NFC title.


On Saturday, Kaepernick passed for 263 yards and rushed for 181 — a playoff record for a quarterback — to defeat Green Bay 45-31.


"We're one step closer to where we want to be," said Kaepernick. San Francisco hasn't been to the Super Bowl since 1995, when Steve Young led the 49ers to their fifth Lombardi Trophy.


Though the Niners must travel cross country for the game, they opened as 3-point favorites in a meeting of teams that played twice a year until 2003, when Atlanta was moved from the NFC West to the NFC South. Their only previous playoff meeting was a 20-18 win for the Falcons in the 1998 divisional playoffs. Atlanta won at Minnesota the next week to make its only Super Bowl.


San Francisco's 20-17 overtime loss last year to the Giants was part of a tense day of football that began with New England's 23-20 victory over the Ravens in the AFC title game.


In that game, Billy Cundiff missed a 32-yard field goal that would have tied the game with 11 seconds left.


This season, Justin Tucker beat out Cundiff for the kicker's job. Tucker hit a 47-yarder against Denver on Saturday to lift the Ravens to a 38-35 win in double overtime, extending Ray Lewis' career for at least one more week and putting the 17-year veteran one win away from his second Super Bowl.


"We fought hard to get back to this point and we're definitely proud of being here," Ravens quarterback Joe Flacco said. "We feel like it's going to take a lot for somebody to come and kick us off that field come the AFC championship game."


Lewis and the Ravens will have to stop the NFL's most potent offense. The Patriots put up 457 yards in a 41-28 victory over Houston, which left them one win away from their sixth Super Bowl in the 2000s.


"I think the two best teams are in the final," Patriots quarterback Tom Brady said. "Baltimore certainly deserve to be here and so do we."


The Patriots were made early 9½-point favorites against the Ravens.


These teams met in the regular season and that game was also decided by a kick — Tucker's 27-yard field goal that sneaked through the right upright for a 31-30 victory. Or did it?


While the Ravens were celebrating, Pats coach Bill Belichick ran to midfield and grabbed a replacement official's arm as he tried to exit the field. The NFL fined Belichick $50,000 for the gesture.


New England is the even-money favorite in Vegas to win the Super Bowl. San Francisco is next at 2-1, followed by Atlanta (5-1) and Baltimore (8-1).


Among the possible Super Bowl story lines:


—The Harbaugh Bowl. Jim Harbaugh coaches the 49ers and John Harbaugh coaches the Ravens.


—A rematch of San Francisco's 41-34 win at New England on Dec. 16 — one of the most entertaining games of the regular season.


___


Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL


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Quest: U.S. economy to dominate Davos




The United States and the sorry state of its political and budgetary process will be the center of attention at Davos, writes Quest




STORY HIGHLIGHTS


  • Quest: Davos is a chance to see where the political and economic landmines are in 2013

  • Quest: People will be speculating about how dysfunctional the U.S. political process has become

  • Quest: Davos has been consumed by eurozone sovereign debt crises for three years




Editor's note: Watch Quest Means Business on CNN International, 1900pm GMT weekdays. Quest Means Business is presented by CNN's foremost international business correspondent Richard Quest. Follow him on Twitter.


(CNN) -- It is that time of the year, again. Come January no sooner have the Christmas trees been taken down, as the winter sales are in full vicious flood the world of business start thinking about going to the world economic forum, better known as Davos.


For the past three years Davos has been consumed by the eurozone sovereign debt crises.


As it worsened the speculation became ever more frantic.....Will Greece leave the euro? Will the eurozone even survive? Was this all just a big German trick to run Europe? More extreme, more dramatic, more nonsense.


Can China be the biggest engine of growth for the global economy. Round and round in circles we have gone on these subjects until frankly I did wonder if there was anything else to say short of it's a horrible mess!


This year there is a new bogey man. The US and in particular the sorry state of the country's political and budgetary process will, I have little doubt, be the center of attention.


Read more: More 'cliffs' to come in new Congress


Not just because Congress fluffed its big test on the fiscal cliff, but because in doing so it created many more deadlines, any one of which could be deeply unsettling to global markets... There is the $100 billion budget cutbacks postponed for two months by the recent agreement; postponed to the end of February.


At exactly the same time as the US Treasury's ability to rob Peter to pay Paul on the debt ceiling crises comes to a head.


Read more: Both Obama, GOP set for tough talks ahead


The Treasury's "debt suspension period" is an extraordinary piece of financial chicanery that if we tried it with our credit cards would get us locked up!! Then there is the expiration of the latest continuing resolution, the authority by which congress is spending money.


There is the terrifying prospect that all these budget woes will conflate into one big political fist fight as the US faces cutbacks, default or shutdown!!


I am being alarmist. Most rational people believe that the worst sting will be taken out of this tail....not before we have all been to the edge...and back. And that is what Davos will have on its mind.


People will be speculating about how dysfunctional the US political process has become and is it broken beyond repair (if they are not asking that then they should be...)




They will be pondering which is more serious for risk...the US budget and debt crises or the Eurozone sovereign debt debacle. A classic case of between the devil and the deep blue sea.




The official topic this year is Resilient Dynamism. I have absolutely no idea what this means. None whatsoever. It is another of WEF's ersatz themes dreamt up to stimulate debate in what Martin Sorrell has beautifully terms "davosian language" In short everyone interprets it as they will.




What I will enjoy, as I do every year, is the chance to hear the global players speak and the brightest and best thinkers give us their take on the global problems the atmosphere becomes febrile as the rock-stars of finance and economics give speeches, talk on panels and give insight.




Of course comes of these musings, it never does at Davos. That's not the point. This is a chance to take stock and see where the political and economic landmines are in 2013. I like to think of Davos as the equivalent of Control/Alt/Delete. It allows us to reboot.


We leave at least having an idea of where people stand on the big issues provided you can see through the panegyrics of self congratulatory back slapping that always takes place whenever you get like minded people in one place... And this year, I predict the big issue being discussed in coffee bars, salons and fondue houses will be the United States and its budgetary woes.







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Britney Spears calls off engagement, quits “X Factor”






LOS ANGELES (Reuters) – Pop star Britney Spears on Friday called it quits with both fiancĂ© Jason Trawick and as a celebrity judge on “The X Factor” talent show.


Spears, 31, and Trawick, 41 – her former agent – got engaged in December 2011.






“Jason and I have decided to call off our engagement,” Spears said in a statement. “I’ll always adore him and we will remain great friends.”


The couple began dating in May 2010, following a turbulent few years in Spears’ personal and professional life in which she lost custody of her children, entered rehab and shaved off her hair.


Trawick added in a statement: “As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever.”


The wedding would have been the third for Spears. She divorced dancer Kevin Federline, with whom she had two children, in 2006.


The singer also spontaneously married childhood friend Jason Alexander during a trip to Las Vegas in 2004. That marriage lasted 55 hours before the singer annulled the union.


Spears and Trawick announced their split the same day that the “Toxic” singer confirmed she was leaving “The X Factor” after just one year as a judge on the Fox singing show, saying it was time to get back to making music.


“I had an incredible time doing the show and I love the other judges and I am so proud of my teens but it’s time for me to get back in the studio.


“Watching them all do their thing up on that stage every week made me miss performing so much! I can’t wait to get back out there and do what I love most,” Spears said of her “X Factor” departure.


Spears’ most recent album, “Femme Fatale,” was released in March 2011.


Celebrity website TMZ.com reported on Friday that Spears was in talks about a long-term residency gig in Las Vegas. The gambling city is already host to stars like Celine Dion and Shania Twain, who perform under long term contracts.


Spears was recruited to “The X Factor” with a reported $ 15 million salary after a 14-year singing career that made her one of the biggest pop stars of the 2000s.


But audiences slumped and the TV show lost about 3 million regular viewers from its first season. Many fans and TV critics found Spears bland and boring.


The exit of Spears leaves “X Factor” creator Simon Cowell searching for two new judges to lift his show past its NBC rival, “The Voice,” in the ratings when it returns in September.


Judge and record producer L.A. Reid announced in December that he would be returning full time to his job as the head of Epic Records.


Spears took “The X Factor” gig with singer Demi Lovato, 20, in May 2012 to fill the judges’ seats left by Paula Abdul and Nicole Scherzinger, who were both fired by Cowell a year ago.


(Reporting By Jill Serjeant and Eric Kelsey; Editing by Eric Walsh and Carol Bishopric)


Celebrity News Headlines – Yahoo! News





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Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.


The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets.


Equities have risen in the new year, rallying after the initial resolution of the fiscal cliff in Washington on January 2. The S&P 500 on Friday closed its second straight week of gains, leaving it just fractionally off a five-year closing high hit on Thursday.


An array of financial companies - including Goldman Sachs and JPMorgan Chase - will report on Wednesday. Bank of America and Citigroup will join on Thursday.


"The banks have a read on the economy, on the health of consumers, on the health of demand," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.


"What we're looking for is demand. Demand from small business owners, from consumers."


EARNINGS AND ECONOMIC EXPECTATIONS


Investors were greeted with a slightly better-than-anticipated first week of earnings, but expectations were low and just a few companies reported results.


Fourth quarter earnings and revenues for S&P 500 companies are both expected to have grown by 1.9 percent in the past quarter, according to Thomson Reuters I/B/E/S.


Few large corporations have reported, with Wells Fargo the first bank out of the gate on Friday, posting a record profit. The bank, however, made fewer mortgage loans than in the third quarter and its shares were down 0.8 percent for the day.


The KBW bank index <.bkx>, a gauge of U.S. bank stocks, is up about 30 percent from a low hit in June, rising in six of the last eight months, including January.


Investors will continue to watch earnings on Friday, as General Electric will round out the week after Intel's report on Thursday.


HOUSING, INDUSTRIAL DATA ON TAP


Next week will also feature the release of a wide range of economic data.


Tuesday will see the release of retail sales numbers and the Empire State manufacturing index, followed by CPI data on Wednesday.


Investors and analysts will also focus on the housing starts numbers and the Philadelphia Federal Reserve factory activity index on Thursday. The Thomson Reuters/University of Michigan consumer sentiment numbers are due on Friday.


Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis, said he expected to see housing numbers continue to climb.


"They won't be that surprising if they're good, they'll be rather eye-catching if they're not good," he said. "The underlying drive of the markets, I think, is economic data. That's been the catalyst."


POLITICAL ANXIETY


Worries about the protracted fiscal cliff negotiations drove the markets in the weeks before the ultimate January 2 resolution, but fear of the debt ceiling fight has yet to command investors' attention to the same extent.


The agreement was likely part of the reason for a rebound in flows to stocks. U.S.-based stock mutual funds gained $7.53 billion after the cliff resolution in the week ending January 9, the most in a week since May 2001, according to Thomson Reuters' Lipper.


Markets are unlikely to move on debt ceiling news unless prominent lawmakers signal that they are taking a surprising position in the debate.


The deal in Washington to avert the cliff set up another debt battle, which will play out in coming months alongside spending debates. But this alarm has been sounded before.


"The market will turn the corner on it when the debate heats up," Prudential Financial's Krosby said.


The CBOE Volatility index <.vix> a gauge of traders' anxiety, is off more than 25 percent so far this month and it recently hit its lowest since June 2007, before the recession began.


"The market doesn't react to the same news twice. It will have to be more brutal than the fiscal cliff," Krosby said. "The market has been conditioned that, at the end, they come up with an agreement."


(Reporting by Gabriel Debenedetti; editing by Rodrigo Campos)



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CBS Puts CNET on Mute Over Dish DVR Lawsuit






CNET, one of the more widely read tech-review sites, just got kneecapped by its corporate parent, CBS (CBS).


See, if you’re CNET, then you’re surely interested in Dish Network’s (DISH) latest offerings at CES. The satellite TV provider recently showed off some significant upgrades to its Hopper DVR, which allows viewers to automatically skip commercials in prime-time network programming. What’s new for 2013 is that EchoStar (SATS), which makes the hardware that runs on Dish’s network, has incorporated the TV gadget Slingbox (which EchoStar bought in 2007) into the device, now called Hopper with Sling. The combination lets you stream live or recorded programs to an Internet-connected mobile device. And with the new Hopper Transfers feature, you can also download shows that are on your DVR to your iPad for later offline viewing.






That’s a pretty hefty set of features. But you might see where this is going: If you’re offering commercial-skipping and the ability to watch live or recorded content wherever you like, you can be sure that entrenched interests in the TV industry might get a little colicky. After all, companies like ABC (DIS), CBS, NBC (CMCSA), and cable operators have an incentive to keep things as they are, and allow remote viewing only through consortiums like Hulu.


And so, you sue Dish. Which is your right. But if you’re CBS, you also instruct your CNET division to lay off any further reviews of their products. On Jan. 7, CNET published a very positive review of the Hopper with Sling. In it, the tech-review site praised the product, calling it “an impressive, very full-featured DVR system that borders on having almost everything you could possibly want.”


But when it came time for CNET to reveal its annual Best of CES winners, this legalese was found at the bottom of the list:


The Dish Hopper with Sling was removed from consideration due to active litigation involving our parent company CBS Corp. We will no longer be reviewing products manufactured by companies with which we are in litigation with respect to such product.


Earlier this month, this magazine called Dish “the meanest company in America.” That may still be true, but in this case, the company’s meanness is in service of consumers. As FDR is alleged to have said about Nicaraguan dictator Anastasio Somoza Garcia, “He’s a son of a bitch, but he’s our son of a bitch.”


Oh, and with its heavy-handed squashing of further CNET coverage, CBS appears to be gunning for the No. 2 spot on that list.


Businessweek.com — Top News





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Murphy Analytics Announces Initiation of Coverage on Global Resource Energy Inc.






ST. LOUIS, MO–(Marketwire – Jan 13, 2013) – Murphy Analytics (MA) has initiated coverage on Global Resource Energy Inc. ( OTCBB : GBEN ). The Initiation Report contains a detailed discussion of GBEN’s business operations, market dynamics, macroeconomic data and indicators, financial results, potential cash flows, and risks. The Initiation Report is available at: http://www.murphyanalytics.com/uploads/GBEN_Initiation.pdf. 


Analyst Patrick J. Murphy, CFA, notes in the report: “…forecasts call for as much as 31% compound annual growth rate for the LED market as it becomes an increasingly important component of the $ 109 billion global lighting fixture market… With the interests of government, manufacturers and end-users converging towards economical, clean and energy efficient technologies, the opportunity for LED lighting is enormous. Recent announcements from GBEN indicate the Company is actively pursuing a range of business opportunities and partnerships as its looks to leverage the licensing agreement of its lighting division — Kardings America.”






About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap stocks. Utilizing institutional caliber, fundamental analysis, Murphy Analytics helps investors make informed investment decisions about equities without extensive analyst coverage. Murphy Analytics LLC is owned by Patrick J. Murphy, who has nearly 20 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT’s.


Disclosure: Neither MA nor the analyst owns or trades the shares of covered companies. MA was compensated $ 5,000 in advance of the publication of this report. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company’s plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.


Marketwire News Archive – Yahoo! Finance




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Ravens shock Broncos; 49ers rout Packers


The 49ers and Ravens are getting another shot at making the Super Bowl.


Losers in tight conference championship games a year ago, they are returning to the final step before the big game in the Big Easy after wins Saturday.


Baltimore took the long, frigid route, rallying at Denver for a 38-35 victory in an AFC divisional playoff. The Ravens will go to either New England, where they lost 23-20 in the conference championship match last January, or Houston. The Patriots and Texans face off Sunday in Foxborough, Mass.


San Francisco took the NFC game at night 45-31 over Green Bay behind the running and passing of quarterback Colin Kaepernick. That gave both coaching Harbaughs victories Saturday: Jim with the 49ers, John with the Ravens.


San Francisco fell in overtime to the New York Giants for the NFC title last year. The Niners will either visit Atlanta or host Seattle in next weekend's championship matchup.


The wild-card Seahawks are at the Falcons in Sunday's early game.


Second-year QB Kaepernick made Jim Harbaugh's decision to stick with him over incumbent Alex Smith during the season look brilliant. He set a playoff mark for the position by rushing for 183 yards, including a 56-yard TD, and threw for 263 yards. Kaepernick hit Michael Crabtree for two scores and Frank Gore rushed for 119 yards.


The AFC West champion Niners (12-4-1) gained 579 yards.


"It feels like we're in the same place," Crabtree said. "Winning that game last year, we're in the same place. It's just what we do the next game. It's all about the next game."


The NFC North-winning Packers (12-6) beat Minnesota in the wild-card round last weekend, but their defense was overmatched at San Francisco.


Aaron Rodgers finished 26 for 39 for 257 with two TDs and an interception.


Ravens 38, Broncos 35, 2 OT


Rookie Justin Tucker's 47-yard field goal 1:42 into the second overtime of the longest playoff game in 26 years advanced the Ravens and kept star linebacker Ray Lewis' career going at least another week.


Earlier this season, the AFC North champ Ravens (12-6) beat the Patriots 31-30 in Baltimore. They lost 43-13 at Houston.


Joe Flacco's 70-yard heave to Jacoby Jones with 31 seconds remaining forced the overtime. Flacco is the only quarterback to win playoff games in each of his first five seasons, and he heads to his third AFC championship match. He also lost to Pittsburgh in the 2008 title game.


"We fought hard to get back to this point and we're definitely proud of being here." Flacco said. "We feel like it's going to take a lot for somebody to come and kick us off that field come the AFC championship game."


Lewis announced before they beat Indianapolis in the wild-card round that this was the last of his 17 pro seasons. It's still going.


"When you look back at it and let the emotions calm down, it will probably be one of the greatest victories in Ravens history," Lewis said. "It's partly because of the way everything was stacked against us coming in."


Peyton Manning lost in his first postseason appearance with the AFC West-winning Broncos (13-4), who had won their last 11 games to earn home-field advantage in the playoffs. They wasted it by giving up long plays, negating a record-setting performance by kick returner Trindon Holliday.


Holliday ran back the second-half kickoff 104 yards for a TD. He went 90 yards with a first-quarter punt return to become the first player to score on one of each in a playoff game.


"He's one of the greatest quarterbacks of all time and for us to come in here and confuse him the way we did, and make the plays we did?" Lewis said. "We gave up two big special teams touchdowns, but the bottom line is, but we kept fighting."


Seahawks (12-5) at Falcons (13-3)


Oddly, there might be more doubts floating around the home team with the spiffy record than the visitors.


While Seattle has won six in a row, erased its reputation as a road flop with three straight away victories — including last week at Washington — and has the league's stingiest defense.


It's NFC South champ Atlanta, 0-3 in the postseason under coach Mike Smith and with Matt Ryan at quarterback, that probably faces more pressure.


"We've been disappointed a few times," said center Todd McClure, a Falcon for 13 years. "I think we've got guys in this locker room who are hungry and ready to get over that hump."


One of them is Tony Gonzalez, the career leader in nearly all receiving categories among tight ends. In 16 pro seasons, Gonzalez never has won a playoff game. And he's said this very likely is his final year in the NFL.


"I'm not going to lie to you," he said. "I really, really, really want to win this game."


To get it, Gonzalez, Ryan and star receivers Julio Jones and Roddy White must contend with the league's most physical defense, a unit that completely shut down the Redskins for three quarters in the 24-14 wild-card win.


"I expect our guys to try to play like they always play," Seattle coach Pete Carroll said. "They don't need to change anything because we're not doing anything different, we're going to try and hang with them, and we'll find out what happens."


Texans (13-4) at Patriots (12-4)


Houston's reward for its wild-card win over Cincinnati is a return to trip to Foxborough, where the Texans' late-season spiral began. Houston was in position for home-field advantage in the AFC before being routed 42-14 by the Patriots, then losing twice more in the final three games.


This is only the fourth postseason game in the Texans' 11-season NFL history. The Patriots began winning Super Bowls with Tom Brady before the Texans were born.


AFC South champion Houston must bring the fierce pass rush it often has shown with end J.J. Watt, who led the NFL with 20 1-2 sacks.


"Biggest goal of them all, Super Bowl, and this is a big step for us," Watt said, "and we're really excited about the challenge."


That challenge comes against the NFL's most prolific offense. The Texans and Patriots allowed the same number of points, 331, but AFC East winner New England led the NFL in scoring with 557 points, 34.8 per game.


Brady would surpass Joe Montana for most postseason victories by a quarterback by beating Houston. Brady is 16-6, although he began 10-0.


He isn't looking for a repeat of the Dec. 10 romp.


"Giving us an opportunity to have this game at home, I think that's the important thing about last game," Brady said. "Other than that, this is going to be a whole different game full of our own execution, our ability to try to beat a very good football team that's played well all year."


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