Matt Murphy

In a report published Tuesday, UBS Investment Research analyst Matt Murphy downgraded the rating on AK Steel Holding Corporation (NYSE: AKS) from Neutral to Sell, but raised the price target from $3.00 to $3.50. In the report, UBS Investment Research noted, “AKS has integrated and mini-mill steel...

Apple (NASDAQ: AAPL) had announced in September that total downloads from the App Store had touched 2 billion. Matt Murphy, partner at Kleiner, Perkins, Caufield & Byers a venture capital firm, said that Apple was not expecting more than 400 million downloads. App Store has been a boon for...