Thursday, January 7, 2010

“Research and Markets: Demand for Cloud Services among US Business ... - Yahoo Finance” plus 4 more

“Research and Markets: Demand for Cloud Services among US Business ... - Yahoo Finance” plus 4 more


Research and Markets: Demand for Cloud Services among US Business ... - Yahoo Finance

Posted: 07 Jan 2010 08:32 AM PST

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/564889/demand_for_cloud_s) has announced the addition of the "Demand for Cloud Services Among US Business Decision-Makers" report to their offering.

This Excel-based Data-rich Deliverable (DRD) that is part of the Business Managed & Hosted, Business Applications, Business Telecom and Business IT subscriptions.

This deliverable covers Compass Intelligence's latest web-based primary research study, using an opt-in panel of consumers and business decision-makers.

A random sample of 10K+ mobile phone users (18+ years old, employed) that was balanced across vertical industry.

Qualified respondents were further surveyed regarding mobile device type, mobile phone usage, purchasing plans for mobile devices, employment status, size of business and vertical industry. Survey conducted in Nov. 2009.

Topics covered include:

  • Network Utilities
  • Compute-aaS
  • Mobile Apps
  • SaaS
  • SaaS Applications.

Size of business includes:

  • SOHO (1-4 employees)
  • Small Business (5-99 employees)
  • Mid-Sized Business (100-999 employees)
  • Enterprise Business (Over 1000 employees).

For more information visit http://www.researchandmarkets.com/research/564889/demand_for_cloud_s

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Business briefs - Detroit News

Posted: 07 Jan 2010 08:10 AM PST

Detroit News Staff and wires

Ford's sales in China rise 44% in 2009

Beijing -- Ford Motor Co. said sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role in driving demand for global automakers amid weak sales elsewhere. Thursday's announcement, following General Motors Co. 's report of a 67 percent rise in 2009 sales, reflected the impact of Beijing's $586 billion stimulus plan.

Trade group's service index shows growth

New York -- A gauge of the U.S. service sector returned to growth last month, aided by the holiday season's retail sales. The expansion reflected a slowly improving economy -- but it was too slight to generate much hiring. The Institute for Supply Management , a private trade group, said Wednesday its service index rose to 50.1 in December from 48.7 in November. A level above 50 signals growth. Seven industries out of 18 reported growth.

Fed officials conflicted on mortgage program

Washington-- Some Federal Reserve policymakers last month were conflicted over whether to expand or cut back a program intended to drive down mortgage rates and bolster the housing market, according to a document released Wednesday. Minutes of the Fed's closed-door meeting on Dec. 15-16 revealed that a "few members" thought that the Fed's $1.25 trillion program to buy mortgage securities from Fannie Mae and Freddie Mac might need to be expanded and extended beyond its current end date of March 31. Such an additional dose of stimulus would be especially needed if the economic recovery were to weaken, they said.

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Trio of Detroit attorneys creates law firm

Three well-known Detroit attorneys have come together to establish a new law firm, Charfoos, Giovan and Birach . The principals are trial attorney Lawrence Charfoos, who was the state's first attorney to obtain a $1 million verdict; retired Wayne Circuit Chief Judge William Giovan, who was a judge for 39 years; and immigration lawyer Robert Birach. The new firm, in downtown Detroit's Penobscot Building, will specialize in business and tort litigation, alternative dispute resolution and immigration law.

Snow, ice and wind wreaked havoc on energy markets Wednesday, where a barrel of oil topped $83 a barrel for the first time since fall 2008. Two fronts sent oil prices rocketing; the second being divisions among Federal Reserve policymakers over extending a program to bolster the U.S. housing industry. That sent the dollar sliding to three-week lows, and crude prices to a 15-month high. It could be a worrisome harbinger for consumers, who saw oil prices double last year for much the same reason.

Carbon trading expands in volume, not value

Amsterdam -- The global trade in carbon emissions credits expanded last year, with a regional cap-and-trade market in the northeastern U.S. and Canada taking a growing share, a market analysis company reported Wednesday. Though the volume of trade grew by 68 percent over 2008, the financial crisis caused prices of credits to tumble, and the amount of money that exchanged hands rose by just 2 billion euros ($2.87 billion) to 94 billion euros ($135 billion), said Norwegian-based Point Carbon. An analysis of the trade, which is concentrated in Europe, has significance for the U.S. Congress, which is considering a federal cap-and-trade system under President Barack Obama's climate and energy plan.

Lockheed Martin to cut 1,200 jobs to lower costs

Bethesda, Md. -- Defense contractor Lockheed Martin said Wednesday it plans to cut 1,200 jobs to lower costs as it combines two units. The cuts amount to less than 1 percent of the company's total work force of about 140,000. Employees who will lose their jobs will be notified by early April. Lockheed plans to combine two units in its electronics systems business -- the former Maritime Systems & Sensors business, based in Washington, D.C., and its Systems Integration unit in Owego, N.Y.

Alleged Florida Ponzi schemer will plead guilty

Fort Lauderdale, Fla.-- A disbarred South Florida attorney agreed Wednesday to plead guilty to charges arising from an alleged Ponzi scheme that cheated thousands of investors out of $1.2 billion. Scott Rothstein is charged in a five-count indictment with racketeering, conspiracy and fraud in a scheme that ran from 2005 to 2009. Rothstein attorney Marc Nurik said his client, who has been jailed without bail since his Dec. 1 arrest, is focused on returning money to investors.

Kraft: 1.5% of Cadbury holders accept offer

London-- Kraft Foods Inc . announced Wednesday that holders of 1.5 percent of shares in chocolate and gum maker Cadbury PLC have so far accepted its hostile takeover offer, but the U.S. company may gain more support as its offer price moves closer to Cadbury's market value. The gap narrowed on Tuesday as Swiss food company Nestle said it would not make an offer for Cadbury, Kraft offered more cash in an alternative -- but no higher -- offer, and billionaire Warren Buffett, Kraft's biggest shareholder, warned against offering any more stock to sweeten the offer.

Staff and wire reports

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Inventing as a way of business - Buffalo Business First

Posted: 07 Jan 2010 07:20 AM PST

Ideas lead to inventions and, sometimes, a business.

"But that's just a starting point on a long journey," said registered patent attorney Vincent LoTempio of the law firm Kloss, Stenger and LoTempio.

On Jan. 19, from 9 a.m. to 1 p.m., in the Buffalo State College auditorium, LoTempio and other area experts will host entrepreneurs with big ideas and explain what to expect throughout that journey.

The event is called Product Idea Expo, where attendees will get overviews on writing business plans, starting a business and creating prototypes.

Local entrepreneur Richard Conway is scheduled to discuss his experiences in how to bring a product to market.

In 1998, Conway developed the Balance Buddy, a U-shaped handle that attaches to the rear axle of a child's bicycle.

"It works like a stroller, so parents don't have to bend down and struggle as they teach their kids to ride a bike." Conway said.

Patented in 2001, Conway estimates he's sold more than 100,000. The product can be found at Target, Toys R Us and Amazon.com.

Other sessions include how to avoid the common mistakes inventors make, how to sell a product and what retailers look for in products. "The program is open to anyone who has an idea and wants to market it," said William Grieshober, business adviser at the Small Business Development Center at Buffalo State.

The event is co-sponsored by the college, New York State Small Business Development Center and the U.S. Small Business Administration. Besides LoTempio and SBA representatives, presentations will be followed by a question-and-answer session. Scheduled to present are SBDC counselors, as well as professionals with experience in customs, advertising and marketing.

For more information or to register, visit www.wnyinvents.com.

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Morning Business Brief - KELOLAND TV

Posted: 07 Jan 2010 08:46 AM PST

01/07/2010 7:52 AM

Morning Business Brief




© 2010 Associated Press. All rights reserved. Material may not be redistributed.



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Canadian Business Activity Slumps in December, USDCAD Bounces - Yahoo Finance

Posted: 07 Jan 2010 08:32 AM PST

According to the Ivey Purchasing Managers Index, business activity in Canada contracted for the first time in seven months. The official consensus was looking for a marked decline from November's 55.9 reading to 52.0. The actual drop however would be much more severe. The third consecutive drop for the indicator would also be the sharpest in over a year with a 7.5 point drop to 48.4. Considering not only the importance of this sector on the economy's recovery but the relative level of the Canadian dollar as well, this data clearly undermines the foundation of a bullish fundamental outlook.

Looking more closely at the details of the report, we see that all of the component indicators were weaker or underperforming. Both supplier deliveries and prices eased (the former matched a year low and the latter hit a 10-month low). Even those figures that showed month-over-month improvement were still notably below the all-important 50.0 expansionary/contractionary level. The inventory figure stands at 42.2; but what we should really be monitoring is the employment component. This figure jumped 6.6 points from November; but at 49.2, it would nonetheless point to a majority of business leaders looking to trim their payrolls. This is particularly interesting considering we have Canadian labor data for December due tomorrow.

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For impact, this data is certainly discouraging and the Canadian dollar reacted almost immediately. However, the lasting influence is likely to be limited. This is just a drop in the bucket when it comes to forecasting long-term growth and interest rate forecasts; and the sector itself has not yet fallen back into a meaningful slump. What's more, the presence of heavy event risk on Friday will help anchor volatility. Nonetheless, loonie traders should keep this data in the back of their mind for their medium-term USDCAD forecasts.

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Whether it is warranted or not, the market has treated the Canadian economy and currency as if they were running a premium to their US counterparts. However, data and announcements have been far more questionable on the point of whether the northern neighbor can really outperform the world's largest economy through economic recovery and rate of returns. That being said, today's Ivey PMI report offers yet another point of contention for the loonie's lasting strength in the currency market.

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