Press Releases

57th edition also looks at the structural advantages for certain developed countries in fiscal sustainability.

LONDON & NEW YORK--(BUSINESS WIRE)-- The return on risk-free assets has fallen far below historic norms, a condition that may persist for many years, according to the 57th edition of the Barclays Equity Gilt Study. Assets such as debt issued by solvent governments have grown more expensive while equities and other risk assets are in line with historical norms. Much of the reason for this, the report concludes, is due to a relative scarcity of safe assets.

“Addressing this scarcity will be a significant challenge for financial markets,” said Piero Ghezzi, Head of Economics, Emerging Markets and FX Research, and an author of the report. “The solution may be to permit emerging market economies, in particular China, to become part of the stock of safe assets; however, we see this as a long-run change that will mean the safe-asset shortage will be with us for some years to come.”

The Equity Gilt Study also includes a look at the fiscal vulnerability of developed countries, and the reasons why Europe’s sovereign debt crisis has not spread to the US, UK or Japan. This study concludes that the difference lies in full monetary authority, currency flexibility and reserve currency status, although these factors merely buy time, and these countries will also have to address large fiscal imbalances over the next decade or face undesirable consequences.

China’s transition from economic ‘miracle’ to normal development is also examined. The Chinese economy is likely to change significantly in the coming decade and will have implications for the world economy should a major downturn occur in that country.

Finally, the Equity Gilt Study looks at risk premia strategies, suggesting that such strategies for managing risk factors will become increasingly popular as investors in the post-crisis era seek returns beyond equities and broad market exposures.

About the Barclays Equity Gilt Study

The Equity Gilt Study has been published annually since 1956, providing data, analysis and commentary on long-term asset returns in the UK and US. This publication is unique not only for its longevity, but also for its focus on the medium and long term. The UK data base goes back to 1899, while the US data – provided by the Centre for Research in Security Prices at the University of Chicago – begins in 1925.

For information on obtaining a hard copy of the Equity Gilt Study, please contact Barclays Capital Corporate Communications.

About Barclays Capital

Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs 25,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide. For further information about Barclays Capital, please visit our website www.barclayscapital.com

Barclays CapitalSeth Martin, 212-412-7565seth.martin@barcap.comorNathan Hatch, +44 20 777 30890nathan.hatch@barcap.com

Source: Barclays Capital

CAMPBELL, Calif.--(BUSINESS WIRE)-- Communications market research firm Infonetics Research (www.twitter.com/infonetics) on Friday released its Diameter Signaling Control Worldwide and Regional Market Size and Forecasts report, its first in-depth analysis of the emerging Diameter signaling market.

The report contends that the Diameter protocol, which was developed as the next-generation signaling protocol for operator networks, is in the early stages of being utilized, and that Diameter traffic continues to grow steadily as more subscribers run over all IP-based mobile networks (i.e., LTE and IMS). Network operators have just begun to recognize the scaling challenges associated with this buildup of Diameter traffic and the impact on their networks.

ANALYST NOTE

“Diameter traffic in the signaling and control plane of all-IP based networks is guaranteed to continue to increase, forcing operators to utilize Diameter signaling controllers to more efficiently manage and scale that traffic,” affirms Diane Myers, directing analyst for VoIP and IMS at Infonetics Research. “The key drivers behind the increase in signaling traffic is the fast-escalating use of mobile broadband networks, new devices and smartphones (from high-end Apple iPhones to less expensive Huawei devices and everything in between), and mobile applications, particularly gaming and social networking apps like Facebook that are in constant use or always on. Even battery-saving gadgets can spur signaling each time they reactivate a mobile phone, adding to Diameter signaling traffic congestion.”

Myers adds, “As LTE networks expand, driving even more traffic to the network, the Diameter signaling controller market will take off rapidly: we forecast a 106% compound annual growth rate in vendor revenue through 2016, in line with global growth in LTE networks and LTE subscribers.”

DIAMETER SIGNALING CONTROL MARKET HIGHLIGHTS

• Several high-profile network outages have exposed weaknesses in Diameter signaling and proved how debilitating excessive signaling traffic could be to operator networks, including Verizon Wireless’ LTE network crash in early 2011, Telenor’s 18-hour LTE network outage that prevented calls from connecting and text messages from being delivered, and NTT DoCoMo’s outage in January 2012 that was attributed to Android devices, which load the network with control signals even when users are inactive
• In 2011 a new category of products, which Infonetics classifies as Diameter signaling controllers, was introduced to alleviate Diameter traffic congestion and allow the signaling and control plane within networks to efficiently scale
• There are a number of vendors jockeying to play a role in Diameter signaling control, and Tekelec has an early lead in this nascent market (specific vendor market share standings will be provided in future editions of Infonetics’ report)
• Infonetics expects at least 15 vendors to have diameter signaling controllers by the end of 2012, when market leadership will begin to take shape
• Today the majority of Diameter signaling controller revenue comes from North America, due in large part to leading LTE network deployments; however, there is growing activity in Asia Pacific and EMEA as LTE continues to expand in those regions

REPORT SYNOPSIS

Infonetics' new Diameter signaling report provides worldwide and regional market size and forecasts through 2016 of manufacturer revenue and transactions-per-second licenses for Diameter signaling controllers, which provide centralized routing, traffic management, and load-balancing between Diameter and non-Diameter elements within IMS and mobile broadband networks. The accompanying Diameter signaling control analysis report includes market top takeaways, market trends and drivers, an overview of Diameter signaling, use cases, forecast notes, regional trends, and vendor activity. Diameter signaling control vendors tracked: Acme Packet, Alcatel-Lucent, Alepo, Amdocs, Aricent, Comptel, F5 Networks, Intellinet, Openet, Tekelec, Traffix, and others. Regions tracked: North America, Asia Pacific, EMEA (Europe, Middle East, Africa), and Central and Latin America.

RELATED RESEARCH AND EVENTS

• Latest Infonetics VoIP and IMS research newsletter: http://bit.ly/wnDGO5
• WEBINAR: Year of the Lync - Migration to Microsoft Lync Voice Solutions: http://bit.ly/xRSsDt
• 15 million Rich Communication Suite (RCS) subscribers by 2013
• IMS equipment market on track for 50% growth in 2011
• Carrier VoIP market down 12% in 3Q11; Huawei, GENBAND lead
• Operators name Acme Packet top SBC vendor; SIP trunking, interconnection driving SBCs
• Telecom capex up 6% to $311B in 2011, rev. up 8% to $1.86T, driven by mobile broadband
• Mobile VoIP subscribers will near 410 million by 2015; VoLTE still a long way off
• Infonetics ups 2015 VoIP service forecast to $76B, driven by SIP trunking, hosted business VoIP

UPCOMING VOIP AND IMS MARKET RESEARCH

Download prospectuses, tables of contents, highlights, etc. at http://www.infonetics.com/login (see SERVICE PROVIDER VOIP AND IMS for 2011 and new 2012 services).

• Log in to download Infonetics’ 2012 Research Publication Calendar: http://bit.ly/zwjcRs
• 4Q11 Service Provider and IMS Equipment and Subscribers Market Share and Forecast
• North America Business VoIP Service Leadership Scorecard
• SIP Trunking Strategies: North American Enterprise Survey
• VoIP and UC Services and Subscribers Market Share and Forecast

SALES

• Larry Howard, VP, Western NA, Asia, CALA: larry@infonetics.com, +1-408-583-3335
• Scott Coyne, Eastern NA, Texas, Midwest: scott@infonetics.com, +1-408-583-3395
• George Stojsavljevic, EMEA: george@infonetics.com, +44-755-488-1623
• Japan, Taiwan, Korea: http://www.infonetics.com/contact.asp

Infonetics Research is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete more effectively.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50162116&lang=en

Lead Analyst:Infonetics ResearchDiane Myers, +1-408-583-3391Directing Analyst, VoIP and IMSdiane@infonetics.comhttp://twitter.com/dianemyers

Source: Infonetics Research

DEERFIELD, Ill.--(BUSINESS WIRE)-- CF Industries Holdings, Inc. (NYSE: CF) today announced an update to its previously announced conference call to discuss fourth quarter and full year 2011 results. The company now plans to host the conference call to discuss these results at 9:00 a.m. ET on Thursday, February 16, 2012. The results will be released after the market closes on Wednesday, February 15, 2012.

Investors can access the call by dialing 800-299-0148 or 617-801-9711. The passcode is 14590047. The conference call also will be available live on the company’s website at www.cfindustries.com. Participants also may pre-register for the webcast on the company’s website. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. A replay of the call will be available for seven days by calling 888-286-8010 or 617-801-6888 and citing code 39118305.

About CF Industries Holdings, Inc.

CF Industries Holdings, Inc., through its subsidiaries, is a global leader in nitrogen and phosphate fertilizer manufacturing and distribution, serving both agricultural and industrial customers. CF Industries, headquartered in Deerfield, Illinois, operates world-class nitrogen fertilizer manufacturing complexes in the central United States and Canada; conducts phosphate mining and manufacturing operations in Central Florida; and distributes plant nutrients through a system of terminals, warehouses, and associated transportation equipment located primarily in the Midwestern United States. The company also owns 50 percent interests in GrowHow UK Limited, a fertilizer manufacturer in the United Kingdom; an ammonia facility in The Republic of Trinidad and Tobago; and KEYTRADE AG, a global fertilizer trading organization headquartered near Zurich, Switzerland. CF Industries routinely posts investor announcements and additional information on the company’s Web site at www.cfindustries.com and encourages those interested in the company to check there frequently.

CF Industries Holdings, Inc.Terry HuchSenior Director, Investor Relations & Corporate Communications847-405-2515 – thuch@cfindustries.comorSusan FisherManager, Corporate Communications847-405-2551 – sfisher@cfindustries.com

Source: CF Industries Holdings, Inc.