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Stock Market & Financial Investment News

News Breaks
February 25, 2013
06:10 EDTAMZN, NFLXAmazon.com to select original series content for video service, NY Post says
Amazon.com (AMZN) has announced it will select six comedy series pilots to jump start original content for its streaming video service, reports the New York Post. Amazon has said that users will have a say in the selection process, though it hasn't said exactly what form it will take. Reference Link
News For AMZN;NFLX From The Last 14 Days
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June 18, 2013
11:48 EDTNFLXStocks with call strike movement; NFLX BTU
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09:38 EDTAMZNAmazon rumored to eye Alibaba partnership in China, TechInAsia says
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09:38 EDTNFLXActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG PFE TSLA MGM
09:08 EDTAMZNAmazon.com announces social gift giving service
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09:06 EDTAMZNAmazon Kindle FreeTime Unlimited adds new kids content
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08:07 EDTAMZNSynaptics displaced Atmel in new Kindle Fires, says Maxim
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07:42 EDTAMZNO'Reilly Media to hold a conference
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06:17 EDTAMZNTaiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link
June 17, 2013
16:20 EDTNFLXOn The Fly: Closing Wrap
Stocks on Wall Street were higher following a session dominated by speculation over what is next for the Federal Reserve. The averages trimmed their gains after an article by the Financial Times suggested the Fed would signal a tapering of its pace of asset purchases at its Wednesday press conference. The upward trend resumed after the article's author said the report was based on opinion and that, "The Fed does not leak anything to any journalist to steer markets - especially during blackout." ECONOMIC EVENTS: In the U.S., the New York Fed Empire State Survey for June came in at 7.40, versus expectations for a 0 reading. The NAHB housing market confidence index for June rose to 52, versus the forecast for a more modest climb to 45 from its prior 44 reading. In Europe, Germany's Bundesbank said economic indicators for April pointed to robust growth in the second quarter and business sentiment improved in May, though warned of signs that growth in Europe's largest economy would slow over the summer. COMPANY NEWS: Netflix (NFLX) and DreamWorks (DWA) both climbed after announcing a major content deal. Under the agreement, DreamWorks will provide over 300 hours of content to Netflix, which the TV and movie service expects to start broadcasting next year. After the announcement, Netflix rose $15.24, or 7.12%, to $229.23, while DreamWorks added 93c, or 4.08%, to $23.74. MAJOR MOVERS: Among the notable gainers was Kandi Technologies (KNDI), up $1.53, or 24.4%, to $7.80 after saying it will deploy 5K-10K pure electric vehicles in China within the first year of launch. Also higher were shares of ViroPharma (VPHM), up $1.71, or 6.3%, to $28.87 after Reuters said the company has attracted takeover interest, though the company is not pursuing a sale. Among the noteworthy losers was Terex (TEX), down $2.45, or 7.72%, to $29.29 after the company lowered it fiscal year earnings view. Also lower was Medivation (MDVN), down $3.45, or 6.78%, to $47.41 after Johnson & Johnson (JNJ) acquired the company's competitor, privately held Aragon Pharmaceuticals. INDICES: The Dow was up 109.67, or 0.73%, to 15,179.85; the Nasdaq was up 28.57, or 0.83%, to 3,452.13; and the S&P 500 was up 12.31, or 0.76%, to 1,639.04.
16:00 EDTNFLXOptions Update; June 17, 2013
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15:29 EDTAMZNGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
12:29 EDTNFLXOn The Fly: Midday Wrap
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12:15 EDTNFLXStocks with call strike movement; APOL NFLX
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11:05 EDTNFLXNetflix, DreamWorks climb after announcing major content deal
Netflix (NFLX) and DreamWorks (DWA) are both surging after Netflix agreed to buy new TV series from DreamWorks. WHAT'S NEW: Netflix will buy new TV series from DreamWorks under a multi-year deal, the two companies announced earlier today. The series will be based on characters created by DreamWorks. The latter company's more popular children's movies include Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. The companies did not divulge the terms of the deal, but noted that the "agreement marks the largest deal for original first-run content in Netflix's history," and that DreamWorks will provide over 300 hours of content to Netflix under the agreement. Netflix is expected to begin broadcasting DreamWorks' content next year. TODAY'S PRICE ACTION: In mid-morning trading, Netflix rose 5.75% to $225, while DreamWorks climbed 4.5% to $23.85. WHAT'S NOTABLE: Netflix recently decided not to renew its deal with Viacom (VIA), from whom it had obtained children's programming?
09:53 EDTNFLXNetflix moves higher after DreamWorks Animation deal, levels to watch
The shares are up over 5% after DreamWorks Animation (DWA) and Netflix (NFLX) signed the largest first-run content deal in Netflix's history. Under the agreement, DreamWorks Animation will premier new original series on Netflix. At the current price of $225.83, the shares are up over 5.5%. Next resistance is at $228.74. Support is at $219.75.
09:40 EDTNFLXActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG CLF TSLA CRM.
09:19 EDTNFLXOn The Fly: Pre-market Movers
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06:06 EDTNFLXNetflix to premiere DreamWorks Animation brand slate of new original TV series
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June 14, 2013
10:07 EDTNFLXNetflix July volatility low at 45, August elevated at 60
Netflix June and July call option implied volatility is at 45, August is at 60, September is at 55, December is at 54; compared to its 26-week average of 55 according to Track Data, suggesting decreasing price near term risk.
June 13, 2013
09:37 EDTNFLXActive equity option families trading on open
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