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    Shares of SodaStream (
    SODA) move up 3.5% premarket to $48.65 on the back of a Citi initiation at Buy. The firm calls it one of the fastest growth stories in consumer products with new distribution channels opening up.

    Low expectations are doing wonders for Infosys (INFY+18.4%), which has taken off  following its FQ3 beat. With full-year figures aided by the beat, the company is now guiding for FY13 (ends March 31) revenue of at least $7.45B and EPS of at least $2.97, above a consensus of $7.32B and $2.95. 8 major outsourcing deals with a combined value of $731M were signed, and cloud engagements (previous) rose by 20 Q/Q to 190. Gross margin, hurt by rising wages, fell 100 bps Q/Q and 600 bps Y/Y to 37%. WIT +6.6%.CTSH +4.2%ACN +1%. (PR) 

    Electronic Arts (EA -1.1%) and GameStop (GME -1.7%) open lower after NPD reports U.S. physical retail video game hardware and software sales for the pivotal month of December fell 27% and 23% Y/Y, respectively. Those numbers are much worse than the 13% and 11% drops reported for November, and are particularly discouraging in light of hopes new game launches would stabilize demand. The Xbox 360 was again the top-selling console with 1.4M sales, but that's still down 17.6% Y/Y.

    PC sales fall 6.4% in Q4, worse than expectedUnit sales of PCs slid 6.4% in the fourth quarter compared to the same period last year, according to data released by IDC late Thursday. This was worse than the 4.4% that was predicted earlier by the market research firm — and notable in that the quarter included the retail launch of the Windows 8 operating system from Microsoft Corp. Calling the PC market "sluggish," IDC said in its report that PC sales "continued to take a back seat to competing devices and sustained economic woes." In terms of global shipments, Hewlett-Packard HPQ retained the number one slot with 16.7% market share for the quarter, followed by Lenovo at 15.7% and Dell DELL at 10.6%. 

    Best Buy (BBY) says its sales slipped 0.4% Y/Y to $12.8B for the holiday period with a 2.2% rise in its international segment not enough to offset a 1.2% decline in Domestic segment sales. Domestic comparable store growth was flat during the period, while the company's beleaguered online channel delivered a 10% gain in revenue to $1.1B.

    More on Best Buy's (BBYholiday sales: The company notes sales were positive for mobile phones, tablets, and e-readers but that sales in entertainment, TVs, and computing declined. Comparable store sales globally fell 6.4% Y/Y with results in Canada and China both trailing off. For FY13, the company lowers its 2013 free cash flow estimate to $500M due to new factors and says accounts payable as a percentage of inventories will be lower.

    ANALYST: It's Only Going To Get Worse For Microsoft(MSFT) And Intel(INTC) In 2013.

    Why Apple's iOS Will Win The Platform War Over Google's Android

    The platinum coin idea is idiotic. That is the point. (Wonkblog)

    America’s staggering defense budget, in charts (Wonkblog)

    Chart of the current flu situation.  Yeah, really smart to fail to insure 15% of the population:  



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