CORAL SPRINGS, Florida, January 15, 2014 /PRNewswire/ --
Technology companies kick off the new year with promise of innovative products and increasing profit opportunities: mPower Technologies Inc. (OTCQB: XDSL), Intel Corporation (NASDAQ: INTC), Cisco Systems Inc. (NASDAQ: CSCO), Tesla Motors Inc. (NASDAQ: TESLA), Advance Auto Parts Inc. (NYSE: AAP) and AutoZone Inc. (NYSE: AZO)
mPower Technologies Inc. (http://mpowertech.com/), the consumer products division of mPhase Technologies, Inc. (OTCQB: XDSL) announced today that the introductory price for the mPower Jump It is coming to a close. Robust demand from distribution partnerships has confirmed the market value of the emergency portable jump starter. Consumer sales have verified the markets interest and buying potential at an increased price. mPower sales representatives have been closing deals with small and midsize distributors and retailers. They are in discussion with larger distribution retailers and will be increasing the price on the website http://www.jumpitnow.com to $109.95 plus shipping and handling. This increase opens the door to larger distributors that require specified profit margins to partner and resell. The demand for the product is at the ready and mPower will find it easier to close in on these large distribution deals with the increased pricing structure.
To read the full press release, please click here:http://www.fnmprofiles.com/profiles-xdsl.html
The price increase will take effect on or around January 20th and distributors that have committed their orders prior to the increase will benefit from a 6-month holdover of the introductory pricing on their re-orders. Consumer purchase on the website will also see the pricing change take place around January 20th.
Intel Corporation (NASDAQ: INTC) plans to report fourth-quarter and full-year financial results on Jan. 16, 2014, promptly after the close of market. The full release in PDF and HTML will be available at http://www.intc.com/results.cfm. Immediately following the earnings report, the company plans to publish a commentary by Stacy J. Smith, executive vice president and chief financial officer, at http://www.intc.com/results.cfm. A public webcast of Intel's earnings conference call will follow at 2 p.m. PST on Jan. 16 at http://www.intc.com/eventdetail.cfm?eventid=138587. A webcast replay and MP3 download will also be available on the site.
The Internet of Everything could generate $4.6 Trillion in value for public sector organizations over the next decade, according to a new study released by Cisco (NASDAQ: CSCO) at the Consumer Electronics Show (CES). The Internet of Everything (IoE) can help governments create value by saving money, improving employee productivity, generating new revenue (without raising taxes) and enhancing citizen benefits. IoE is the networked connection of people, process, data and things, and the increased value that occurs as "everything" joins the network. Several technology transitions -- including the Internet of Things, increased mobility, the emergence of cloud computing, and the growing importance of big data, among others -- are combining to enable IoE.
Tesla Motors Inc. (NASDAQ: TESLA) sales in the fourth quarter of 2013 were the highest in company history by a significant margin. With almost 6,900 vehicles sold and delivered, Tesla exceeded prior guidance by approximately 20%. A higher than expected number of cars was manufactured as a result of an excellent effort by the Tesla production team and key suppliers, particularly Panasonic. The two key drivers of demand were the superlative safety record of the Model S and great performance under extremely cold conditions.
Advance Auto Parts Inc. (NYSE: AAP) a leading provider of automotive aftermarket parts, accessories, batteries, and maintenance items, announced that it has completed the acquisition of General Parts International, Inc. (GPII). GPII is a leading privately held distributor and supplier of original equipment and aftermarket replacement products for commercial markets operating under the CARQUEST and WORLDPAC brands. The transaction creates the largest automotive aftermarket parts provider in North America, with annual sales of over $9.3 billion and more than 70,000 Team Members.
AutoZone Inc. (NYSE: AZO) engages in retailing and distributing automotive replacement parts and accessories. The company's stores offer various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its automotive hard part products include A/C compressors, batteries and accessories, belts and hoses, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition, lighting, mufflers, starters and alternators, water pumps, radiators, and thermostats. Further, it sells automotive diagnostic and repair software under the ALLDATA brand name through the alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through the autozone.com. On Tuesday, AZO closed up 1.93% on over 350k shares traded.
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