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Stock Market & Financial Investment News

News Breaks
March 14, 2013
08:41 EDTCSTR, NFLX, VZRedbox Instant may launch public beta today, GigaOM says
Redbox Instant by Verizon, the joint-venture between Verizon (VZ) and Coinstar (CSTR), may launch its public beta test as early as today, according to GigaOM, citing an industry insider. The service, which will offer subscribers Redbox rentals as well as Netflix-like (NFLX) streaming, launched its private beta in December, the report noted. Reference Link
News For CSTR;VZ;NFLX From The Last 14 Days
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May 22, 2013
08:42 EDTVZVodafone an attractive way to play trends at Verizon Wireless, says RW Baird at RW Baird
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07:42 EDTVZBarclays to host a conference
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07:24 EDTVZNetEvents International to host a summit
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07:08 EDTVZPhone companies start selling subscriber data, WSJ reports
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06:02 EDTVZOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
13:17 EDTNFLXNetflix says Ricky Gervais' original series to debut September 12
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11:41 EDTCSTRCoinstar breaks above recent range highs, levels to watch
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07:32 EDTVZCTIA–The Wireless Association to host a conference
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05:50 EDTVZVodafone to invest $3.15B Verizon dividend on business, WSJ reports
Vodafone Group said it will keep the $3.15B dividend payment it will receive from Verizon Wireless and invest it in its flagging operations in Europe, which weighed heavily on its full-year profit, reports the Wall Street Journal. Reference Link
May 17, 2013
16:47 EDTVZFitch affirms Verizon's IDR at 'A', outlook stable
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15:12 EDTVZFocus on Verizon Wireless stake ahead of Vodafone earnings, Reuters says
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09:37 EDTNFLXActive equity option families trading on open
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06:50 EDTVZVerizon initiated with an Overweight at Barclays
Target $59.
May 16, 2013
09:36 EDTNFLXActive equity option families trading on open
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May 15, 2013
16:02 EDTNFLXOptions Update; May 15, 2013
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14:28 EDTNFLXNetflix targets 100 basis points of margin expansion a quarter
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12:17 EDTNFLXIcahn paper profit in Netflix tops $1B, WSJ reports
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10:51 EDTNFLXNetflix CFO says growing subscribers at $8 price point
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10:42 EDTNFLXNetflix moves higher, levels to watch
The shares are moving against the broader sideways or down move in technology today, last at $244.10. It would appear that traders are intent on moving the shares back toward the $250 area. That area in the prior two-years was important support and then resistance. When the shares broke below that level in August 2011, it presaged a steep decline in share price. Retaking that level and holding it therefore might encourage more bullishness for higher price. A failure to do so could potentially derail the current trend higher.
10:31 EDTNFLXNetflix volatility at one year low as shares at 21-month high
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