Stock Upgrades: Blockbuster Day For Netflix - Minyanville

Stocks scored fresh five year highs after politicians opted to kick the can on our debt ceiling debacle?until May 18. (Or?May 19, for it would be just like the government to be a day late and $16 trillion short.) ?Atari fans are so upset, they?re organizing a massive letter-writing campaign?to President Reagan.? So said Conan O?Brien earlier this week after the iconic outfit filed for chapter 11. Far better to instead invest in another iconic tech name, one which entered the world as did Ronnie in 1911.
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An?upgraded?International Business Machines?(IBM) jumped 4.41% to top the?Dow?(^DJI), which was utterly reliant on Big Blue to stay green.?Canadian Pacific Railway?(CP) hit an all time high and industry peer?CSX Corp.?(CSX) rose 4.18% for its best gain since last March. Training beats Coaching (COH), you could say, especially after the handbag maker slumped 16.36%. Longtime Tory leader Margaret Thatcher loved handbags of course, but like many she likely now prefers Tory Burch to Coach. Her successor as Conservative Prime Minister said in a speech yesterday that Britain?s backing for Europe is ?wafer thin.? Which is not such a bad thing to be, after?Advanced Micro Devices?(AMD) advanced 11.43% to top the entire?S&P 500 Index?(^GSPC).
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French foreign minister Laurent Fabius replied by claiming his country would ?roll out the red carpet? if London left. Thus one?smells a rat across the English Channel, but Mouse House?Walt Disney?(DIS) hit an all-time high, computer mouse maker?Logitech?gained 4.82%, and?EntreMed?(ENMD) added on 15.93% after promise in its drug trials involving mice.
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Today in economics, December leading indicators are expected to tick up at 10:00 a.m. Eastern. In corporate action the quarterly earnings express rolls on, with?AT&T Inc.?(T),?Bristol-Myers Squibb?(BMY),?E*Trade Financial (ETFC), Lockheed Martin (LMT), Microsoft (MSFT), Nokia?(NOK) Raytheon?(RTN),?Southwest Airlines (LUV), Starbucks (SBUX),?3M Company (MMM),?United Continental?(UAL), and?Xerox?(XRX) all due to release results.
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Akzo Nobel N.V.?(PINK:AKZOY) The stock is now Neutral from Underweight at JPMorgan.
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ASML Holding?(ASML): Bank of America-Merrill Lynch lifts ASML to Buy from Neutral.
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Autodesk?(ADSK): Impressed by both margin expansion and increased adoption of suites and Cloud, RBC Capital raises its recommendation to Outperform from Perform. The price objective is also increased, to $50 from $33.
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Bed Bath & Beyond?(BBBY): Calling it one of the best-run companies in all hardline retailing, Oppenheimer raises its rating to Outperform from Perform and takes its target to $71 from $67.
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Cubist Pharmaceuticals?(CBST): Cantor Fitzgerald hoists the company to Hold from Sell.
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Emerson?(EMR): Deutsche Bank boosts the industrial outfit to Buy from Hold.
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GOL Linhas A?reas Inteligentes?(GOL): The Brazilian air carrier gets upgraded to Buy from Neutral at Goldman Sachs.
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Netflix?(NASDAQ:NFLX): Shares, surging some 35.39% before this morning?s opening bell after last night?s impressive earnings, are moved to Overweight from Neutral at JPMorgan, raised to Market Perform from Underperform at Raymond James, and lifted to Buy from Hold at Lazard. Catalysts include solid subscriber growth and an improved margin outlook. (Note that Credit Suisse downgraded the name to Neutral from Outperform today.)
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Pearson?(PSO): The British publisher is trading higher in London today after being lifted to Equal-Weight from Underweight by Barclays.
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Randgold Resources?(GOLD): GOLD gets upgraded to Buy from Neutral at Bank of America-Merrill.
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Retailers: Credit Suisse gives Outperform-from-Neutral upgrades to?Dillard?s?(DDS) and?Ross Stores?(ROST).
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SanDisk?(SNDK): Needham boosts the tech company to Buy from Hold with a $60 target after fourth quarter earnings beat Street estimates, with impressive gross margins of 40%.
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Torchmark?(TMK): The insurance outfit is taken to Buy from Neutral at SunTrust Robinson Humphrey.
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United Parcel Service?(UPS): Shares are now Buy from Neutral at Bank of America-Merrill.

(See also: New Stock Coverage: Colgate Is All Smiles but Kimberly-Clark Cries Into Its Kleenex and Stock Downgrades: Apple Looks Like a Lemon.)

No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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Source: http://www.minyanville.com/trading-and-investing/stocks/articles/Stock-Upgrades253A-Blockbuster-Day-For-Netflix/1/24/2013/id/47598

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With Today?s Update, Tumblr Starts To Look More Like A Fully Featured Twitter Than Blogging Platform

In an effort to make its Dashboard a "smaller and more streamlined experience," the social blogging platform Tumblr is today overhauling the way users create posts on its website. Instead of the larger, full-screen experience which makes writing or sharing content on Tumblr feel more like blogging, the new post screens seem to be taking a page from Twitter in their design.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/1jxPnvC243E/

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Realtors: Watch Your Clients - Sarasota Real Estate

Realtors should be careful of losing their clients to agents holding open houses. Some agents are very aggressive in trying to poach buyers at their open houses. We have had two separate recent incidents?where the open house Realtors tried to steal both of our clients despite telling them that they were already working with us. Fortunately, both sets of clients are fabulous and remained loyal to us.

I know what the text book Realtor instructor will say - Don't let your buyers go to open houses without you!?That is just impossible. Some buyers want to go to every available open house on Sunday and it is just ridiculous to even try to attend every open house with them. That is not good, real world advice.?

If buyers walk into my open house and say that they are already working with a Realtor I am not going to try to steal them. Regardless of whether or not it is a violation of a Realtor ethics it is just plain wrong. Agents can spend tons of money and?months or even years to cultivate clients. Don't be a weasel and try to steal that client when they are already represented.?

I called the Florida Association of Realtors (FAR) legal hotline and spoke with the ethics expert about this. According to them, it is not an ethics violation for an agent to try to steal a client when they mention that they are already working with a Realtor. However, if the buyers indicate they have an exclusive relationship with a Realtor then?it becomes a violation of article 16.?

Standard of Practice 16-9
REALTORS?, prior to entering into a representation agreement, have an affirmative obligation to make reasonable efforts to determine whether the prospect is subject to a current, valid exclusive agreement to provide the same type of real estate service.

Standard of Practice 16-13
All dealings concerning property exclusively listed, or with buyer/tenants who are subject to an exclusive agreement shall be carried on with the client?s representative or broker, and not with the client, except with the consent of the client?s representative or broker or except where such dealings are initiated by the client.

Before providing substantive services (such as writing a purchase offer or presenting a CMA) to prospects, REALTORS? shall ask prospects whether they are a party to any exclusive representation agreement. REALTORS? shall not knowingly provide substantive services concerning a prospective transaction to prospects who are parties to exclusive representation agreements, except with the consent of the prospects? exclusive representatives or at the direction of prospects.?

1. Have your buyers sign an exclusive buyer representation agreement. Then file an ethics complaint when the open house agent tries to poach your buyers. ;-)
2. Attend every open house with your buyers. (pretty unrealistic)
3. Only work with loyal buyers.

Perhaps the Realtors Standards of Practice could change where an agent could be in violation when a buyer says, "I am already working with a Realtor."?

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I would love to hear your opinions about this.?

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Source: http://www.luxurysarasotarealestate.com/blog/realtors-watch-your-clients.html

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Life Insurance | HASTAC

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Source: http://hastac.org/blogs/buddhakwee/2013/01/24/life-insurance

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Arabian al Qaeda's number two is dead: Yemeni official

SANAA (Reuters) - A Saudi who was freed by U.S. authorities from detention at Guantanamo Bay, Cuba, only to become second-in-command of Al Qaeda in the Arabian Peninsula (AQAP) has died after being wounded by Yemeni security forces, a Yemeni security official said on Friday.

Said al-Shehri suffered injuries in an operation by the security apparatus on November 28 in the northern province of Saada, a member of Yemen's supreme security committee told the Yemeni state news agency.

He subsequently fell into a coma and then died, the source said, without saying when exactly Shehri had died.

"He was buried by al Qaeda in an unknown location as a strategy to keep up the morale of its members," the source, who was not named, was quoted as saying.

It was not the first time Yemen had announced Shehri's death. In September, the Ministry of Defense said he had been killed in an army operation, only for him to issue an audio tape a month later.

But whereas in September Saudi Arabia declined to confirm the death, this week Saudi-owned media have reported that Shehri is dead.

U.S. officials described Shehri as one of the most important al Qaeda-linked militants to be released from the Guantanamo detention facility, where he was taken in January 2002 after Pakistan handed him to U.S. authorities.

Shehri, a former officer in Saudi Arabia's internal security force, allegedly joined al Qaeda and helped to facilitate the movements of Saudi militants seeking to travel to Afghanistan via Iran, according to a classified Pentagon report made public by WikiLeaks.

According to the Pentagon document, Shehri was "assessed to be a HIGH risk" prisoner because "he is likely to pose a threat to the U.S., its interests and allies".

A U.S. official familiar with the case said Shehri was one of numerous Saudi militants at Guantanamo released by the administration of President George W. Bush under heavy pressure from Saudi authorities and the U.S. court system.

Shehri was released to Saudi Arabia in 2007 and put through a Saudi rehabilitation program for militants.

But he later returned to the battlefield in Yemen, and became AQAP's number two, leading one U.S. official to call him a "poster child for recidivism".

Shehri was wanted by Yemeni authorities for a suspected role in an attack on the U.S. embassy in Sanaa in 2008.

AQAP, which has planned attacks on international targets including airliners, is described by Washington, which has repeatedly used unmanned drones to target its members, as perhaps al Qaeda's most dangerous and innovative affiliate.

(Reporting by Mohammed Ghobari; Writing by Raissa Kasolowsky; Editing by Kevin Liffey)

Source: http://news.yahoo.com/yemen-says-regional-al-qaedas-deputy-head-dead-184541137.html

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A Message from the Dean | Seidenberg School News

23. Jan, 2013

First of all, I must thank the Seidenberg Community for the warm welcome that I have received since coming to Pace in mid-August.? I am excited to be back on the east coast to lead new initiatives and promote existing programs to flourish.? I was at MIT from 1979 to 2004. Between 2004 and 2012, I spent the academic year at the University of Arizona and the summers at MIT. ?The Seidenberg School is unique as it encompasses all aspects of Computer Science and Information Systems.

It has been a busy time at the Seidenberg School.? The Information Assurance Program?continues to be strong at both the undergraduate and graduate levels.? We have been reaccredited as a National Center of Academic Excellence:

http://www.pace.edu/seidenberg/research/labs/information-assurance-education-and-research-center

Students receive full scholarships from the Department of Homeland Security or the Scholarship for Service Program through a grant from the National Science Foundation, and faculty and students collaborate on research on Biometric Keystroke Recognition and diverse facets of Cybersecurity.

I am instituting a new initiative on TeleHealth, based on my assessment that this is going to be the next trillion dollar industry.? Back in 2001, I proposed the notion that healthcare applications should be handled in a three pronged manner involving on-site personnel, off-site personnel, and advanced computer techniques. My ongoing research in the area of Telemedicine (?The Constitutionality of Current Legal Barriers to Telemedicine in the United States: Analysis and Future Directions of Its Relationship to National and International Health Care Reform,?(with D. Sao), Health Matrix: Journal of Law-Medicine?, 11, 2011.), coupled with my research focusing on distributed teams and the concept of a 24 hour knowledge factory Expanding the 24 Hour Workplace, Wall Street Journal,?September 15, 2007 (extended article and online podcast interview), looks at the technical, business, medical, legal, public policy, economic, and other hurdles related to this emerging field.? The Seidenberg School anticipates offering the first of an array of courses related to telemedicine in the Spring 2013 semester.

Based on the growing realization and computers and technology are increasingly relevant to all fields of study, we have increased the number of Seidenberg courses that are available to all members of the PACE community. CIS101 was the course that students from other programs at PACE University normally took at Seidenberg School. Commencing Spring 2013, we will have the following set of 5 courses for students from other schools of PACE University:

CIS 101, Introduction to Computing

CIS 103, Problem Solving Using Technology

CIT 110, Introduction to Information Technology (also a Writing-enhanced course)

CS 121, Computer Programming I

TS 105, Computers for Human Empowerment

My colleagues and I are Seidenberg School are currently involved in designing new interdisciplinary courses and programs with other schools.

I look forward to continuing to meet new folks from the industry, our illustrious alums, and current students.? Please keep in touch with us and review our website (http://seidenberg.pace.edu) often to learn of the new and exciting initiatives within the School.

?

Amar Gupta

Dean and Professor

Source: http://seidenbergnews.blogs.pace.edu/2013/01/23/a-message-from-the-dean/

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Deep freeze slides toward the northeast

MADISON, Wis. (AP) ? The Upper Midwest remained locked in a deep freeze Wednesday as the bitter temperatures crept eastward where at least one mountain resort warned it was too cold even to ski.

Overnight, ice-covered Chicago firefighters spent hours fighting a massive fire at a warehouse on the city's South Side, hindered by the single digit chill.

The cold snap arrived Saturday night as waves of Arctic air swept south from Canada, pushing temperatures to dangerous lows and leaving a section of the country well-versed in winter's pains reeling. The National Weather Service said states from Ohio through to the far northeast of Maine could expect to be slammed by that Arctic blast on Wednesday.

The numbers so far are chilling in themselves: 35 below at Crane Lake, Minn., on Tuesday; Embarrass, Minn., at 36 below on Monday; and Babbitt, Minn., at 29 below on Sunday, according to the National Weather Service.

The weather service issued a wind chill warning for Wednesday in the far north of Maine. In Presque Isle and Caribou, temperatures are not expected to rise above 7 below. And the wind chill could make it feel more like 40 below. Vermont was similarly afflicted, with wind chill advisories and highs peaking in the single digits. Forecasters said Boston and New York City could expect temperatures in the double digits, but that the wind chill would make it feel 5 below. And in mid-Massachusetts, high winds up to 30 mph in Worcester will add to the weather misery.

At least one ski resort in New Hampshire was planning to close Wednesday and Thursday because of the extraordinary cold. Wildcat Mountain in the White Mountains region said it was expecting temperatures in the negative double digits and a wind chill of 48 degrees below zero ? conditions that would not be safe for guests or employees on the slopes.

Late Tuesday, some 170 Chicago firefighters ? approximately one third of the city's fire department ? turned out in frigid temperatures to battle a blaze at a warehouse on the South Side. Officials said the fire prompted the department's biggest response in recent years, according to The Chicago Sun-Times. Despite the scale of the fire, firefighters' soaked jackets and hats froze, and icicles formed and dangled from hoses and hydrants.

Authorities said exposure has played a role in at least four deaths.

On Sunday, a 70-year-old man was found frozen in his unheated home in Des Plaines, Ill. And in Green Bay, Wis., a 38-year-old man was found dead outside his home Monday morning. Authorities in both cases said the victims died of hypothermia and cold exposure, with alcohol a possible contributing factor.

A 77-year-old Illinois woman also was found dead near her car in southwestern Wisconsin on Saturday night, and a 61-year-old Minnesota man was pronounced dead at a hospital after he was found in a storage building Saturday morning.

The bitter conditions were expected to persist into the weekend in the Midwest through the eastern half of the U.S., said Shawn DeVinny, a National Weather Service meteorologist in suburban Minneapolis.

Ariana Laffey, a 30-year-old homeless woman, kept warm with a blanket, three pairs of pants and six shirts as she sat on a milk crate begging near Chicago's Willis Tower on Tuesday morning. She said she and her husband spent the night under a bridge, bundled up under a half-dozen blankets.

"We're just trying to make enough to get a warm room to sleep in tonight," Laffey said.

___

Associated Press writers Doug Glass in Minneapolis, Don Babwin and Tammy Webber in Chicago, Jeff Karoub in Detroit, Dirk Lammers in Sioux Falls, S.D., and Dinesh Ramde and Gretchen Ehlke in Milwaukee contributed to this report.

Source: http://news.yahoo.com/deep-freeze-slides-toward-northeast-141921150.html

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