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Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. Think your car, TV, refrigerator or computer. These are certainly not disposable, one-time use items.
The opposite of a hard good is (surprise!) a soft good or, if you like, a non-durable good. These are products you use once, like your lunch at McDonald's, the gas in your car and the ugly sweater your grandmother bought you for your birthday. These items have an intended lifespan short of three years, or are consumed immediately.
Investors pay attention to the monthly durable orders report released by the Commerce Department around the end of each month. When durable goods are strong, it means that U.S. manufacturing is humming along, though economists tend to parse the numbers pretty closely. Big-ticket items can skew the overall results, since an order for, say, 75 Boeing 747s has a bigger impact than 75 iPods. Luckily, the data lets economists break down the sectors.
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Friday, May 09, 2008
Nexxus Lighting's CEO to Speak on Energy Efficiency Panel at the 4th Annual Merriman Curhan Ford CleanTech Conference
Comtex
CHARLOTTE, N.C., May 09, 2008 (BUSINESS WIRE) ----Nexxus Lighting, Inc. (Nasdaq:NEXS) today announced that Mike Bauer, the company's president and CEO, will speak as part of the Energy Efficiency - Advances in Lighting panel at 9:00 AM on Tuesday, May 13, 2008 at the 4th Annual Merriman Curhan Ford & Co. CleanTech Conference. The event will be held at Le Parker Meridien in New York City, 118 W. 57th Street.
More information about the conference can be found at: www.merrimanco.com
About Nexxus Lighting, Inc.
Nexxus Lighting is a leader in advanced lighting technology, including solid-state LED and fiber optic lighting systems and controls used in commercial, architectural, signage, swimming pool and retail lighting applications.
Life's Brighter(TM) www.nexxuslighting.com
About Merriman Curhan Ford & Co. and MCF Corporation
Merriman Curhan Ford & Co. is an investment bank and securities broker-dealer focused on fast-growing companies and growth-oriented institutional investors. It provides investment research, brokerage and trading services primarily to institutions, as well as advisory and investment banking services to corporate clients. Merriman Curhan Ford & Co. is registered with the Securities and Exchange Commission as a broker-dealer and is a member of the Financial Industry Regulatory Authority (FINRA) and SIPC.
MCF Corporation (Nasdaq:MERR) is a financial services holding company that provides investment research, capital markets services, corporate and venture services, investment banking, asset management and primary research through its operating subsidiaries, Merriman Curhan Ford & Co., MCF Asset Management, LLC and Panel Intelligence, LLC. MCF is focused on providing a full range of specialized and integrated services to institutional investors and corporate clients.
Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Reference is made to Nexxus Lighting's filings under the Securities Exchange Act for factors that could cause actual results to differ materially. Nexxus Lighting undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors. Readers are cautioned not to place undue reliance on these forward-looking statements.
SOURCE: Nexxus Lighting, Inc.
Nexxus Lighting, Inc., Charlotte Richard Heiner, Marketing Director, 704-405-0416
Copyright Business Wire 2008
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