Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety. Benjamin Franklin, Historical Review of Pennsylvania, 1759

Morgan Stanley Downgrades NETFLIX $NFLX $MS

Morgan Stanley Downgrades NETFLIX $NFLX $MS

Morgan Stanley analyst Scott Devitt downgraded Netflix to underweight and lowered his price target to 310 from 333.

Netflix faces tougher competition from Amazon Prime Instant Video, Hulu Plus, HBO Go and other online video providers, said Devitt. Media giant Time Warner (TWX) owns HBO. Hulu's owners — 21st Century Fox (FOXA), Walt Disney (DIS) and Comcast (CMCSA), which doesn't have management control for regulatory reasons — took Hulu off the block this summer after exploring a sale.

"We expect the landscape for streaming video on demand (SVOD) services to grow increasingly competitive in 2014 as widespread distribution is much more easily attained and content owners become more willing to license their programming to SVOD providers," wrote Devitt. "We think services like Amazon Prime Instant Video, HBO GO and Hulu Plus offer compelling content catalogs and may represent viable alternatives to Netflix for some consumers."

He added: "With U.S. broadband households approaching 90 million this year and the proliferation of SVOD-optimized devices, the number of consumers able to stream high-quality video is rapidly increasing. However, given the number of people that used Netflix in the past 12 months will be approaching 50 million by the end of 2013, we think there is a longer runway for growth in competing SVOD services."

Read More At Investor's Business Daily: http://news.investors.com/technology/010714-685390-morgan-stanley-downgrades-netflix-on-slower-subscriber-growth.htm#ixzz2pjVJ9Ux6
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"If you can clearly articulate the dream or the goal, start." - Simon Sinek

"If you can clearly articulate the dream or the goal, start." - Simon Sinek

What you should know about Turkey's AKP-Gulen conflict

What you should know about Turkey's AKP-Gulen conflict 

Mannkind: Is It Worth the Risk?

Mannkind: Is It Worth the Risk?

Executive Life; Seeing Shadows, Deciphering Speech

Executive Life; Seeing Shadows, Deciphering Speech

IF you think the sound of your alarm clock is annoying, you should hear Barry Honig's. When it blares, ''It's 5:30, time to get up,'' he says, his wife threatens to throw it out the window.

Mr. Honig is blind, and the talking alarm clock is just one of many devices he relies on, from a hand-held laser that helps him coordinate his clothes to a JAWS for Windows computer-screen reader that tells him what he is typing, reads his e-mail aloud and describes Web sites to him.

A whole new world for vending machines in 2014: Vending machines will display calorie counts in 2014 in order to abide by new FDA regulations that will be in place. Close to 5M machines will get a significant upgrade in order to post the information.

A whole new world for vending machines in 2014: Vending machines will display calorie counts in 2014 in order to abide by new FDA regulations that will be in place. Close to 5M machines will get a significant upgrade in order to post the information.

Gospel from 20th Century Investment King, Sir John Templeton

Gospel from 20th Century Investment King, Sir John Templeton

“I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do.” ― Leonardo da Vinci

“I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do.” 
― Leonardo da Vinci

An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself: Real Victims Speak

An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself: Real Victims Speak

EEMC

EEMC

Corruption Scandal Is Edging Near Turkish Premier

Corruption Scandal Is Edging Near Turkish Premier

But the words from one of the departing ministers were considered stunning, coming from a political party known for silencing dissent. That instantly raised the significance of the entire inquiry and left members of the Turkish public wondering if they were witnessing the collapse of their Islamist-rooted government of the last decade.

“Now it seems the situation has changed completely,” said Kerem Oktem, a Turkey expert and research fellow at the European Studies Center at the University of Oxford. “It seems the ring around Erdogan has gotten tighter.”

Later, as a dramatic day came to a close, Mr. Erdogan emerged from a meeting with President Abdullah Gul in Ankara, the Turkish capital, and announced that seven other ministers would leave his cabinet, some of whom are departing as part of a long-planned shuffle so that they can run for mayors in coming elections. One of the late-night departures included the European Union minister, who has been implicated in the corruption investigation.

The investigation became public a week ago with dawn police raids on the offices of businessmen and others close to the prime minister. But Wednesday was the first time that someone who had been in Mr. Erdogan’s hierarchy — a confidant, no less — left the strong implication of the prime minister’s entanglements in some of the real estate deals at the heart of the case.

The crisis strikes a sharp contrast to the image that Turkey has projected as an exemplar of a prosperous, Muslim-majority country based on democratic principles. A NATO member, Turkey has been embraced by the United States and Europe as a force for stability in the tumultuous Middle East, and the country has sought to play an important role in shaping the outcome of crises in Syria, Egypt and with Iran’s nuclear program. With Mr. Erdogan now preoccupied with political survival, Turkey’s role in the region and its relationship with the West are in question.

The corruption inquiry has targeted the ministers’ sons, a major construction tycoon with links to Mr. Erdogan and municipal workers, and it centers in part on allegations that officials received bribes in exchange for ignoring zoning rules and approving contentious development projects. No one has been convicted, but the issue has struck a nerve among the Turkish public, especially Istanbul residents. They have become increasingly resentful over the dizzying pace of development and riches amassed by a new, pious economic elite, with a strong hand in the construction industry, which rose to power alongside Mr. Erdogan and his associates.

Brian Mueller, CEO, Grand Canyon Education Inc. “Don’t be afraid to be bold and don’t be afraid to take on the status quo. Make your plans big and then, in the middle of that, make sure everybody wins. There has to be balance.”

Brian Mueller, CEO, Grand Canyon Education Inc.

“Don’t be afraid to be bold and don’t be afraid to take on the status quo. Make your plans big and then, in the middle of that, make sure everybody wins. There has to be balance.”

Buy Turkey, Says World's Largest Asset Manager

Buy Turkey, Says World's Largest Asset Manager

Louis CK

Louis Ck on driving

How to check for Target fraud

How to check

Credit card disputes

Credit card disputes

Blackberry Posted A $4.4 Billion Loss - Stock Skyrockets

Blackberry Posted A $4.4 Billion Loss - Stock Skyrockets

Leon Cooperman

Leon Cooperman

Big Investors Haven't Been This Happy With Hedge Funds

Big Investors Haven't Been This Happy With Hedge Funds