Holiday sales continue to soar on Cyber Monday

Web shopping soared on Cyber Monday, continuing a strong start to the holiday season.

Online sales were up 26.6 percent from last year by Monday evening, according to IBM Digital Analytics Benchmark, which tracks data from 500 retail sites. ComScore meanwhile, expected online sales to hit a record of about $1.5 billion by day's end.

Cyber Monday has become the biggest online shopping day in recent years as employees head back to the office but continue to cybershop for holiday gifts. The growth of smartphones and tablets has only increased that ability, an opportunity Web retailers have been eager to exploit.

This year, retailers aggressively pushed "Pre-Black Friday" promotions and flooded consumers with emails touting good deals in the days before Thanksgiving. As a result, the big shopping days of Thanksgiving, Black Friday and Cyber Monday have blurred into a sale-laden week.

Some retail analysts had worried that strong online sales growth on Thanksgiving Day and Black Friday would entice shoppers to buy earlier, threatening revenue later in the season.

"So far, that is not the case," said Jay Henderson, the strategy director for IBM Smarter Commerce. "Extending the shopping season has really just fueled additional online spending rather than cannibalizing days later in the season."

Sales across Amazon.com, the largest online retailer, had risen 52 percent from the previous year by midmorning Monday, according to ChannelAdvisor, which offers services to third-party sellers on e-commerce sites. Meanwhile, eBay sales volume increased 57 percent, the firm said.

The average online order size on Cyber Monday was $130.30. That was down from almost $200 during the whole of Cyber Monday last year, according to IBM.

But Monday's discounts on the websites of bricks -and-mortar retailers weren't necessarily as broad or as deep as consumers could find if they shopped in the days before, according to Michael Brim, founder of deal site BFAds.net. "We're not seeing across the board the lowest prices like we do on Black Friday or Thanksgiving," he said. "It's better than the average weekly sales, but it's not on the level of Black Friday … yet," he said.

Most retailers — about 97 percent — were expected to offer Cyber Monday deals this year, up from 90 percent last year, according to the National Retail Federation. That means good deals were there for the finding on sites that might not normally have sales, Brim said.

Laptops and apparel at specialty sites were popular items Monday, Brim said.

Amazon offered $30 off its 7-inch Kindle Fire tablet, which usually sells for $159. The deal was available only on Cyber Monday.

Hoffman Estates-based retailer Sears said it found that a number of its shoppers opted to buy online and pick up merchandise in the store, according to spokesman Tom Aiello, who declined to say whether online traffic increased Monday. Shoppers want "to save on shipping, or they want to touch it — and get it the same day and make sure they've got that gift in their hands," he said.

Tribune news services contributed.

crshropshire@tribune.com

Twitter @corilyns

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Pfleger points police to suspect in fatal stabbing

During an argument with his wife Wednesday, Demetrius Jackson allegedly stabbed to death a 55-year-old man who intervened, then called St. Sabina Catholic Church to pray with the Rev. Michael Pfleger.

Shortly after a Cook County judge ordered Jackson, 32, held without bond on Sunday on a charge of first-degree murder, Pfleger, reached by phone, recounted the conversation he had with Jackson on Friday, a day before he turned himself in.

"He told me the guy who he allegedly stabbed is his best friend," Pfleger said. "He said (the victim) punched him in the face. He told me he just reacted. He asked me to pray with him, and I prayed with him."

Jackson, who lives in Chicago's Roseland neighborhood, hung his head in Cook County Bond Court as a judge said he faced a murder charge in the death of William Terry of the 10300 block of South Forest Avenue.

Jackson and his wife were arguing in their home, also in the 10300 block of South Forest, Wednesday night when he allegedly grabbed a knife and threatened to kill her, prosecutors said. The wife fled to Terry's home and called 911, prosecutors said.

Before police arrived, Jackson's wife and Terry decided to walk back to Jackson's home. Still holding a knife, Jackson confronted the two outside and continued to berate his wife, authorities said. Terry stepped between them, "trying to calm" the defendant, Assistant State's Attorney Brad Dickey said. Terry fell to the ground, and Jackson leapt on top of him, stabbing him multiple times in front of several witnesses, authorities said.

"Terry was able to stagger to his home," Dickey said. Gasping for breath, he collapsed on his front porch. He was taken to Advocate Christ Medical Center in Oak Lawn shortly after 8 p.m. and pronounced dead, according to police. Other county officials said Terry lived in Riverdale.

Jackson, who appears to have no criminal record, worked with St. Sabina on the Safe Passage project, public defender Stephen Herczeg said. A Chicago Public Schools program, Safe Passage employs community members to help improve safety by standing guard along the routes children travel to schools.

When the two spoke, Pfleger encouraged Jackson to turn himself in to police.

"I told him, 'I'm not a court or a lawyer or a judge,'" Pfleger said. "I told him I wouldn't judge him. I just encouraged him to turn himself in and not run. A lot of times, people are afraid to go to the police directly. I said I would try to set it up."

When Jackson agreed, Pfleger said he called police at the Gresham District, telling them of Jackson's intentions.

As promised, Jackson showed up at a police station Friday morning and gave a video-taped confession, according to court documents.

"Thank God it worked," said Pfleger. "It's very sad. I feel bad about the man who got killed, too. It's a loss of two lives."

efmeyer@tribune.com

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Renesas shares jump after report $2.4 billion bailout approved

TOKYO (Reuters) - Shareholders of Japan's embattled Renesas Electronics Corp have approved a government-led bailout, the Nikkei newspaper said, sending the chipmaker's shares more than 6 percent higher on relief that the $2.4 billion rescue was being finalized.

The deal, while expected, had been delayed and an announcement is now due for early December, the Nikkei said.

The bailout is set to keep the world's biggest maker of microcontroller chips by market share afloat for the next few years but analysts say that Renesas still faces many challenges including the restructuring of its loss-making system chip division.

As part of the deal, a Japan government fund will spend 180 billion yen ($2.2 billion) to take a two-thirds stake in Renesas, while eight manufacturers including key clients such Toyota Motor Corp and Nissan Motor Co Ltd will provide another combined 20 billion yen.

A Renesas spokesman said nothing had been decided.

Renesas, which has particular expertise in providing chips for cars, was formed from the struggling chip divisions of its major shareholding companies Hitachi Ltd, Mitsubishi Electric Corp and NEC Corp.

Renesas, which competes with Samsung Electronics Co Ltd and U.S.-based Freescale Semiconductor Inc, has predicted a net loss of 150 billion yen for the year to March.

Renesas shares traded 6.2 percent higher at 307 yen in early Monday trade, compared to a 1.2 percent rise for the Nikkei benchmark.

The Nikkei report also said Renesas will receive an additional 1 billion yen each in support from Hitachi and NEC, adding that Mitsubishi Electric will take in a few hundred Renesas employees. ($1 = 82.3700 Japanese yen)

(This story has been refiled to add the dropped word "the" in the third paragraph and currency conversion in the fourth paragraph)

(Editing by Edwina Gibbs)

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Giants end slide, rout Packers 38-10

EAST RUTHERFORD, N.J. (AP) — Adam Merchant had a wish and a command for the New York Giants.

The 15-year-old fan from Barre, Vt., attended practice and then Sunday's game with the Packers thanks to the Make-A-Wish Foundation. He wanted the Giants to snap their two-game slide and get out of their offensive funk.

So he ordered the Giants to "play like world champions," and they delivered a 38-10 rout of the Green Bay Packers.

"That was the theme of our meetings," coach Tom Coughlin said.

Eli Manning came back from the bye week with a rested arm, and that offensive slump was tossed aside. The Giants (7-4) said they turned things around for themselves, and for Merchant, who has cancer.

"They have one wish," Manning said after throwing for three scores to set a team record with 200 TD passes for his career. "It is sad when you think about it — they have one wish, what you want to do, and he wanted to come to Giants practice ... and to a game.

"He said, 'Go show everybody you are the world champions and why you are the world champions and play that way.' Everybody got fired up and played the way we know we can."

The Packers (7-4) certainly did not. The showcase game was decided early as the Giants outscored the Packers 31-10 in the opening half to end Green Bay's five-game winning streak. While New York took a two-game lead in the NFC East, Green Bay fell out of a tie with Chicago atop the NFC North.

The Packers were missing such key starters as linebacker Clay Matthews, defensive back Charles Woodson and receiver Greg Jennings, and it showed. After being manhandled in last season's playoffs by the Giants, who went on to win the Super Bowl, the Packers weren't much more competitive this time. Aaron Rodgers was sacked five times, including twice by Mathias Kiwanuka, who spent much of the game at defensive tackle rather than in his usual linebacker spot.

"When your quarterback is under pressure like that, it affected me tonight," coach Mike McCarthy said of his play-calling. "I probably didn't call the best game I've called. You have to protect your quarterback. It's your No. 1 responsibility. That's not what we're looking for."

New York's balanced attack was guided by Manning, who had his first strong game in a month with 249 yards passing.

"I never thought my arm was tired, never felt like it," Manning said. "After a week off, you come back to practice, it felt good, alive, balls coming out with a little pop on it.

"After 10 weeks, it definitely needed a little rest."

Coughlin knew Manning would return with some extra verve.

"There was no doubt he was going to come back and play well," Coughlin said. "I think the rest really helped him. ... Eli said he felt as if he was coming back for the start of the season. I was very confident he would come back and be Eli."

Ahmad Bradshaw gained a combined 119 yards and scored a touchdown. He had the first big play of the night to begin the offensive onslaught.

New York struck early with a brilliantly conceived screen pass to Bradshaw off a fake reverse to Victor Cruz. Bradshaw sped down the field before being caught at the Green Bay 2, a 59-yard pickup that led to Andre Brown's scoring run.

Brown later broke his leg; Coughlin did not say which leg after the game.

"It will be a tough loss, he is an important player," Manning said.

Green Bay didn't flinch, with Jordy Nelson getting behind Corey Webster in single coverage down the right sideline for a 61-yard TD reception from Rodgers.

The scoring flurry went back in the Giants' favor — and pretty much stayed there — when Manning hit Rueben Randle in the back of the end zone for a 16-yard TD. It was the first score for the rookie and Manning's first touchdown throw in four games, and he set it up with, of all things, a scramble in which he laid his shoulder into Packers cornerback Tramon Williams for a 13-yard gain.

"It sparked our sideline," Coughlin said. "It would not be the recommended way. To see him do that kind of sent the message to the rest of our team: Whatever you have to do to succeed, do it."

Webster's interception led to Lawrence Tynes' 43-yard field goal late in the first quarter for a 17-7 lead, and the Giants weren't nearly done. Manning's 9-yard connection with Cruz tied him for the club record with 199 TD passes, and after Osi Umenyiora's strip-sack of Rodgers was recovered by Jason Pierre-Paul at the Green Bay 23, Bradshaw scored from the 13.

The 31 points were the most New York scored in a half all season and nearly equaled the 33 it scored in its two losses before the bye.

And the Giants had more offense in them. Manning threw his 200th TD pass to move ahead of Phil Simms, a 13-yarder over the middle to Hakeem Nicks, who stretched the ball over the goal line as he was tackled.

"There was a different enthusiasm in practices," Manning said, "and I think that paid off in the game."

It paid off for the Giants, and for their young fan.

"It kind of hit home," Justin Tuck said. "You got this kid that don't know us from James and watches us on TV every Sunday and it's so profound."

NOTES; The Giants lost safety Kenny Phillips with a knee injury in the third quarter. He was making his first appearance since Week 4, when he was sidelined with a knee problem. ... Giants right tackle David Diehl sustained a stinger in the first half. ... Green Bay lost safety M.D. Jennings (rib), DE C.J. Wilson (knee), and RB Johnny White (concussion). ... Rodgers was 14 of 25 for 219 yards, one TD, one interception and one lost fumble.

___

Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL

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AP PHOTOS: Simple surgery heals blind Indonesians

PADANG SIDEMPUAN, Indonesia (AP) — They came from the remotest parts of Indonesia, taking crowded overnight ferries and riding for hours in cars or buses — all in the hope that a simple, and free, surgical procedure would restore their eyesight.

Many patients were elderly and needed help to reach two hospitals in Sumatra where mass eye camps were held earlier this month by Nepalese surgeon Dr. Sanduk Ruit. During eight days, more than 1,400 cataracts were removed.

The patients camped out, sleeping side-by-side on military cots, eating donated food while fire trucks supplied water for showers and toilets. Many who had given up hope of seeing again left smiling after their bandages were removed.

"I've been blind for three years, and it's really bad," said Arlita Tobing, 65, whose sight was restored after the surgery. "I worked on someone's farm, but I couldn't work anymore."

Indonesia has one of the highest rates of blindness in the world, making it a target country for Ruit who travels throughout the developing world holding free mass eye camps while training doctors to perform the simple, stitch-free procedure he pioneered. He often visits hard-to-reach remote areas where health care is scarce and patients are poor. He believes that by teaching doctors how to perform his method of cataract removal, the rate of blindness can be reduced worldwide.

Cataracts are the leading cause of blindness globally, affecting about 20 million people who mostly live in poor countries, according to the World Health Organization.

"We get only one life, and that life is very short. I am blessed by God to have this opportunity," said Ruit, who runs the Tilganga Eye Center in Katmandu, Nepal. "The most important of that is training, taking the idea to other people."

During the recent camps, Ruit trained six doctors from Indonesia, Thailand and Singapore.

Here, in images, are scenes from the mobile eye camps:

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Rolling Stones mark 50th year with London show

LONDON (AP) — The Rolling Stones made a triumphant return to the London stage on Sunday night in the first of five concerts to mark the 50th anniversary of their debut as an American-oriented blues band.

They showed no signs of wear and tear — except on their aging, heavily lined faces — as frontman Mick Jagger swaggered and strutted through a stellar two-and-a-half hour show. He looked remarkably trim and fit and was in top vocal form.

The Stones passed the half-century mark in style at the sometimes emotional gig that saw former bassist Bill Wyman and guitar master Mick Taylor join their old mates in front of a packed crowd at London's 02 Arena.

It was the first of five mega-shows to mark the passage of 50 years since the band first appeared in a small London pub determined to pay homage to the masters of American blues.

Jagger, in skin-tight black pants, a black shirt and a sparkly tie, took time out from singing to thank the crowd for its loyalty.

"It's amazing that we're still doing this, and it's amazing that you're still buying our records and coming to our shows," he said. "Thank you, thank you, thank you."

Lead guitarist Keith Richards, whose survival has surprised many who thought he would succumb to drugs and drink, was blunter: "We made it," he said. "I'm happy to see you. I'm happy to see anybody."

But the band's fiery music was no joke, fuelled by an incandescent guest appearance by Taylor, who played lead guitar on a stunning extended version of the ominous "Midnight Rambler," and Mary J. Blige, who shook the house in a duet with Jagger on "Gimme Shelter."

The 50th anniversary show, which will be followed by one more in London, then three in the greater New York area, lacked some of the band's customary bravado — the "world's greatest rock 'n' roll band" intro was shelved — and there were some rare nostalgic touches.

Even the famously taciturn Wyman briefly cracked a smile when trading quips with Richards and Ronnie Wood.

The concert started with a brief video tribute from luminaries like Elton John, Iggy Pop and Johnny Depp, who praised the Stones for their audacity and staying power. The Stones' show contained an extended video homage to the American trailblazers who shaped their music: Muddy Waters, John Lee Hooker, Otis Redding, Bob Dylan, Johnny Cash and others. The montage included rare footage of the young Elvis Presley.

The Stones began their professional career imitating the Americans whose music they cherished, but they quickly developed their own style, spawning hundreds — make that thousands — of imitators who have tried in vain to match their swagger and style.

The concert began with some early Stones' numbers that are rarely heard in concert, including the band's cover of the Lennon-McCartney rocker "I Wanna Be Your Man" and the Stones original "It's All Over Now."

They didn't shy away from their darker numbers, including "Paint It Black" and "Sympathy for the Devil" — Jagger started that one wearing a black, purple-lined faux fur cape that conjured up his late '60s satanic image.

He even cracked a joke about one of the band's low points, telling the audience it was in for a treat: "We're going to play the entire "Satanic Majesty's Request" album now," he said, referring to one of the band's least-loved efforts, a psychedelic travesty that has been largely, mercifully, forgotten.

He didn't make good on his threat.

He also made fun of the sky-high ticket prices, which had exposed the band to some criticism in the London press.

"How are you doing up in the cheap seats," he said, motioning to fans in the upper rows of the cavernous 02 Arena. "Except they're not cheap seats, that's the problem."

But Jagger seemed more mellow than usual, chatting a bit about the good old days and asking if there was anyone in the crowd who had seen them in 1962, when they first took to the stage.

He said 2012 had been a terrific year for Britain and that the Stones nearly missed the boat, playing no role in the celebration of the Queen's Diamond Jubilee, the London Olympics, or the new James Bond film.

"We just got in under the wire," he said. "We feel pretty good."

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Black Friday sales online top $1 billion for first time

SAN FRANCISCO (Reuters) - Black Friday retail sales online this year topped $1 billion for the first time ever as more consumers used the Internet do their early holiday shopping, comScore Inc said on Sunday.

Online sales jumped 26 percent on Black Friday to $1.04 billion from sales of $816 million on the corresponding day last year, according to comScore data.

Amazon.com was the most-visited retail website on Black Friday, and it also posted the highest year-over-year visitor growth rate among the top five retailers. Wal-Mart Stores Inc's website was second, followed by sites run by Best Buy Co., Target Corp. and Apple Inc, comScore noted.

Digital content and subscriptions, including e-books, digital music and video, was the fastest-growing retail category online, with sales up 29 percent versus Black Friday last year, according to comScore data.

E-commerce accounts for less than 10 percent of consumer spending in the United States. However, it is growing much faster than bricks-and-mortar retail as shoppers are lured by low prices, convenience, faster shipping and wide selection.

ShopperTrak, which counts foot traffic in physical retail stores, estimated Black Friday sales at $11.2 billion, down 1.8 percent from the same day last year.

"Online has been around 9 percent of total holiday sales, but it could breach 10 percent for the first time this season," said Scot Wingo, chief executive of ChannelAdvisor, which helps merchants sell more on websites, including Amazon.com and eBay.com.

ComScore expects online retail spending to rise 17 percent to $43.4 billion through the whole holiday season. That is above the 15 percent increase last season and ahead of the retail industry's expectation for a 4.1 percent increase in overall spending this holiday.

CYBER MONDAY OUTLOOK

It's not clear yet whether strong Black Friday sales online will weaken growth on Cyber Monday, which has been the biggest e-commerce day in the United States in recent years.

"Cyber Monday will be a big day, but not as much of a big day as it has been in the past," said Mia Shernoff, executive vice president for Chase Paymentech, a payment-processing unit of J.P. Morgan Chase & Co.. "Faster broadband Internet connections in the office used to drive this. But now many consumers have faster connections at home and smart phones and tablets - they don't have to wait."

ComScore Chairman Gian Fulgoni said Cyber Monday online sales may reach $1.5 billion this year. That would be up 20 percent from the corresponding day last year - slower year-over-year growth than Thanksgiving and Black Friday.

More than 129 million Americans plan to shop online on Cyber Monday, up from almost 123 million on the same day last year, according to a survey conducted in recent days for the National Retail Federation.

The group also expects 85 percent of retailers to have a special promotion for Cyber Monday.

Amazon, the world's largest Internet retailer, will launch Cyber Monday deals at midnight on Sunday. The company is planning a limited time Cyber Monday promotion for its 7 inch Kindle Fire tablet, offering it at $129 instead of the regular $159, a spokesman said on Sunday.

MOBILE SHOPPING GROWTH

A big source of online shopping growth this holiday season has come from increased use of smart phones, which let people buy online even when they are in physical stores, and by tablet computers, which have spurred more online shopping in the evenings, Wingo and others said.

Mobile devices accounted for 26 percent of visits to retail websites and 16 percent of purchases on Black Friday. That was up from 18.1 percent and 10.3 percent, respectively, on the same day last year, according to International Business Machines, which analyzes online traffic and transactions from 500 U.S. retailers.

More than 20 million shoppers plan to use mobile devices on Cyber Monday, up from 17.8 million a year ago, the NRF said.

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No. 1 Notre Dame beats USC 22-13 to finish season 12-0

LOS ANGELES — Deliverance arrived on a crisp southern California night, welcomed in a frenzy of arms thrust in the air and throats cleared by cathartic screams. Notre Dame waited decades for this, all right, the end to the interminable search for its long-lost promise. It just needed to climb to the top of college football to find it.

The Irish will play for a national championship in January, inextricably No. 1 and impossibly 12-0 after a 22-13 victory over USC before 93,607 witnesses on Saturday night at the Los Angeles Coliseum, a sparkling moment of rapture in the City of Angels.

Whether Notre Dame is back may be of little import now. The Irish have arrived.

They did so not with a thunderclap against a reeling archrival.

It was a grinding, imperfect but relentless effort, and maybe there couldn't be any other way. Everett Golson, the redshirt freshman quarterback, cramped up but cut loose for 217 yards passing. Theo Riddick, the senior, stampeded to 146 yards and a score.

And the Heisman hopeful, Manti Te'o, picked off another pass and helped spearhead another adrenalized goal-line stand in the fourth quarter that stomped out USC's last hope and created a save-the-date for Jan. 7. There, Notre Dame will play in the BCS title game against the winner of the SEC championship.

One game, now, to look upon everyone else as national champions for the first time since 1988.

Notre Dame had USC where it wanted the Trojans early, on-heels and tested, on the spot to demonstrate any mettle or desire at the end of a season gone wrong and going nowhere.

The Irish thundered to a 10-0 first-quarter lead that could have been more but for the usual sputtering around in the red zone. First came a Kyle Brindza 27-yard field goal, then a Riddick 9-yard touchdown run after a 12-play drive. If this was the last hurdle to the BCS title game, it appeared knee-high.

Then USC showed it could be resolute, swiftly moving to an 11-yard Robert Woods touchdown reception to create some drama. After the teams both added field goals, USC's first mistake allowed Notre Dame to re-extend its lead at the break.

A Max Wittek interception returned the ball to Notre Dame with 85 seconds left in the first half, and Brindza was able to come on for a 52-yard attempt he pushed through with no time left, making it a 16-10 lead at intermission.

One chance to blow open the game came and went after intermission: Te'o's seventh interception set up the Irish offense, but the Irish offense couldn't hit paydirt and then Brindza sent a 34-yard field goal wide left.

Brindza hit a 33-yarder late in the third quarter that extended the lead to 19-10, and then Notre Dame watched in glee as USC coach Lane Kiffin exacted a bit of self-torture. Kiffin called a timeout just before a snap that resulted in an apparent Trojans touchdown, wiping out the score, and a post-timeout pass sailed incomplete.

Brindza pushed the lead to 22-13 with just less than six minutes left — a crucial two-score cushion. Crucial, because Marqise Lee's 53-yard catch on the next USC snap after a long kickoff return and two pass interference penalties set up a goal-to-go situation for the Trojans at the Irish 1.

And that set up the Irish defense for its signature moment. Three runs and an incomplete pass later, Notre Dame had made its stand, exploding off the sideline and into celebration.

The clock wound down. Te'o hopped up and down on the sideline, waiving a towel. The Notre Dame fans in attendance counted down the Coliseum clock, as if it was New Year's Eve. And then the celebration began, wild and joyous, for a date decades in the making. The Irish will play for a national title. They have arrived.

bchamilton@tribune.com

Twitter @ChiTribHamilton

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Sony at greater risk than Panasonic in electronics downturn: Fitch

TOKYO (Reuters) - Panasonic Corp has a better chance than rival Sony Corp of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines and fridges, credit rating agency Fitch said Friday.

Fitch cut Panasonic's rating by two notches to BB and Sony three notches to BB minus on Thursday, the first time one of the three major ratings agencies have put the creditworthiness of either company into junk-bond territory.

Rival agencies Moody's and S&P rate both of Japan's consumer electronic giants at the same level, just above junk status. Moody's last cut its rating on Panasonic on Tuesday.

Panasonic "has the advantage of a relatively stable consumer appliance business that is still generating positive margins", Matt Jamieson, Fitch's head of Asia-Pacific, said in a conference call on Friday to explain its ratings downgrades.

But at Sony, he added, "most of their electronic business are loss making, they appear to be overstretched."

Japan's TV industry has been bested by cheaper, more innovative models from Samsung Electronics and other foreign rivals, while tablets and smartphones built by Apple Inc have become the dominant consumer electronics devices.

Investors are focusing on the fate of Sony and Panasonic after another struggling Japanese consumer electronics firm, Sharp Corp, maker of the Aquos TV, secured a $4.6 billion bail-out by banks including Mizuho Financial Group and Mitsubishi UFJ Financial Group.

Sony and Panasonic have chosen divergent survival paths.

Panasonic, maker of the Viera TV, is looking to expand its businesses in appliances, solar panels, lithium batteries and automotive components. Appliances amount to around only 6 percent of the company's sales, but they generate margins of more than 6 percent and make up a big chunk of operating profit.

Sony, creator of the Walkman, is doubling down on consumer gadgets in a bid to regain ground from Samsung and Apple in mobile devices while bolstering digital cameras and gaming.

The latest downgrades will curtail the ability of both Japanese companies to raise money in credit markets to help fund restructurings of their business portfolios.

For now, however, that impact is limited, given the support Panasonic and Sony are receiving from their banks.

In October, Panasonic, which expects to lose $10 billion in the year to March 31, secured $7.6 billion of loan commitments from banks including Sumitomo Mitsui Financial Group and Mitsubishi UFJ, a financing backstop it says will help it avoid having to seek capital in credit markets.

Sony, which has forecast a full-year profit of $1.63 billion helped by the sale of a chemicals business to a Japanese state bank, announced plans to raise $1.9 billion through a convertible bond before the latest rating downgrade.

Thomson Reuters' Starmine structural model, which evaluates market views of credit risk, debt levels and changes in asset values gives Panasonic and Sony an implied rating of BB minus. Sharp's implied rating is three notches lower at B minus.

Standard & Poor's rates Panasonic and Sony at BBB, the second lowest of the investment grade, while Moody's Investors Service has them on Baa3, the lowest of its high-grade category. Moody's has a negative outlook for both firms while S&P sees a stable outlook for Panasonic and a negative one for Sony.

Stock markets in Japan were closed on Friday for a national holiday.

(Reporting by Tim Kelly; Editing by Mark Bendeich)

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No. 1 Notre Dame beats USC 22-13, earns title shot

LOS ANGELES (AP) — The Fighting Irish punched their ticket to Miami.

Theo Riddick rushed for 146 yards and a touchdown, Kyle Brindza kicked five field goals, and No. 1 Notre Dame secured a spot in the BCS championship game with a 22-13 victory over Southern California on Saturday night.

Everett Golson passed for 217 yards as the Irish (12-0) completed their first perfect regular season since 1988, earning a trip to south Florida on Jan. 7 to play for the storied program's first national title in 24 years.

Although they did little with flash on an electric night at the Coliseum, the Irish woke up more echoes of past Notre Dame greats with a grinding effort in this dynamic intersectional rivalry with USC (7-5), which has lost four of five.

Notre Dame's hard-nosed defense appropriately made the decisive stand in the final minutes, keeping USC out of the end zone on four plays from the Irish 1 with 2:33 to play.

"Well, that's who we are," Notre Dame coach Brian Kelly said. "It's been our defense all year. Our offense is able to manage enough points."

After spending more than a decade looking up at the Trojans, the Irish are back on top of this rivalry with two straight wins in Los Angeles. The school of Knute Rockne, the Four Horsemen and Paul Hornung has new heroes now, from inspirational linebacker Manti Te'o to Kelly, who took the Irish from unranked to start the season to No. 1 in the AP Top 25 for the first time in 19 years.

Te'o, the Heisman Trophy hopeful, had a key interception against USC and became the second Irish defender with three 100-tackle seasons — and he took particular pride in that last defensive stand, which included three straight Trojans runs resulting in nothing.

"It doesn't matter where the ball is," Te'o said. "We're going to protect the end zone at all costs."

After Brindza's school record-tying fifth field goal put the Irish up by nine points with 5:58 left, Marqise Lee caught a 53-yard pass from USC freshman Max Wittek at the Notre Dame 2.

But after USC failed on three straight runs at a defense that has allowed just 11 rushing TDs in 30 games, Wittek threw incomplete to fullback Soma Vainuku, setting off a leaping, chest-bumping celebration on the Notre Dame sideline and in the Irish sections of the sold-out Coliseum.

"They've had a great goal-line defense all year," USC coach Lane Kiffin said. "They've done that to everybody down on the goal line. ... It's just so hard to score touchdowns versus them. When the ball is on the 2-inch line, you'd think you could score touchdowns."

The grind-it-out win highlighted an unforgettable season for the Irish, who began the year with questions about their relevancy and survived some uninspiring performances and nail-biting finishes with their unbeaten record intact.

Notre Dame is likely to face an Southeastern Conference opponent in Miami, but won't know for another week which one. Alabama and Georgia play for the SSEC title in Atlanta.

With the Irish offense repeatedly stalling in the red zone against the Trojans, Brindza went five for six on field goals, even hitting a 52-yarder at the halftime gun.

Wittek passed for 186 yards with two interceptions in his first career start for the Trojans, who completed their tumble from the preseason No. 1 ranking with four losses in five games in an enormously disappointing season. Wittek filled in capably for injured Matt Barkley, but USC is headed to a lower-tier bowl in the first year after its NCAA-mandated two-year postseason ban ended.

Lee caught five passes for 75 yards, yet still broke the Pac-12 single-season receptions record established last year by teammate Robert Woods, who had seven catches for 92 yards.

Barkley watched from the sideline in a grey hoodie with a sling on his right arm after spraining his shoulder in last week's loss at UCLA. The senior and Pac-12 career passing leader won twice in South Bend during his career, but never got to face the Irish at the Coliseum, sidelined by injuries for both visits.

Barkley still ran down the Coliseum tunnel with the rest of the USC seniors for their final home game. He participated in the coin toss, but could only watch while the Irish opened the game with three clock-consuming drives resulting in 13 points.

USC's much-criticized defensive caution under assistant head coach Monte Kiffin was exploited by the Irish, with Golson patiently finding the sags in the Trojans' pass coverage for 181 yards passing in the first half. Riddick went 9 yards for a TD in the first quarter, but USC also stiffened to hold Notre Dame to field goals twice in the red zone.

Notre Dame held its 12th straight opponent without a first-quarter touchdown, but Wittek found Woods for a 9-yard score on the first play of the second quarter — just the ninth touchdown allowed by Notre Dame all season long. The Irish took a 16-10 lead to halftime when Brindza hit the second-longest field goal in Notre Dame history.

Te'o made the seventh interception of his phenomenal season when Wittek threw directly to him on USC's second play of the second half. Both teams struggled to move the ball in the third quarter, and USC settled for a field goal with 9:20 to play just a few moments after Kiffin called a timeout right before a play that ended with Lee appearing to catch a pass on the goal line.

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