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Stock Market & Financial Investment News

News Breaks
December 7, 2012
12:09 EDTRGC, AIG, AMRN, NFLX, UNXLOn The Fly: Midday Wrap
Stocks on Wall Street were higher out of the gate following the better than expected jobs report, but pared some gains and turned mixed after the University of Michigan consumer sentiment survey disappointed... ECONOMIC EVENTS: In the U.S., the November non-farm payrolls report showed a seasonally adjusted 146,000 jobs were added last month, versus an expected 85,000. The unemployment rate fell to 7.7% from 7.9%, beating expectations for it to remain flat. The Reuters/U of Michigan consumer sentiment reading, expected to slip to 82 from the end-November reading of 82.7, fell more than forecast to 74.5 in the initial look for December. In Europe, Germany's central bank reduced its forecast for the country's GDP growth in 2013 to 0.4% from its earlier call for 1.6% growth. Also, in Greece, the nation's three biggest banks agreed to take part in the country's bond buyback program. In Asia, a 7.3-magnitude earthquake struck off northeastern Japan... COMPANY NEWS: Netflix (NFLX) and CEO Reed Hastings each received a "Wells Notice" from the SEC indicating its intent to recommend to the SEC that it institute a cease and desist proceeding and/or bring a civil injunctive action against Netflix and Hastings for violations of Regulation Fair Disclosure. Hastings responded on Facebook to defend the earlier post that got him scrutinized and contend that he and the company were not acting wrongly... MAJOR MOVERS: Among the notable gainers were Uni-Pixel (UNXL), up 13% after revealing it has entered a multi-million dollar license agreement with a "major PC maker," and American International Group (AIG), up over 2% after confirming that it is in talks to sell a 90% interest in International Lease Finance Corporation to a Chinese investor group. Among the noteworthy losers were Amarin (AMRN), down more than 19% after disclosing plans to raise money and hire a sales force, and Regal Entertainment (RGC), down 3% following a downgrade of its stock to Neutral at Piper Jaffray... INDICES: Near noon, the Dow was up 28.43, or 0.22%, to 13,102.47; the Nasdaq was down 18.61, or 0.62%, to 2,970.66; and the S&P 500 was down 1.33, or 0.09%, to 1,412.61.
News For NFLX;AIG;UNXL;AMRN;RGC From The Last 14 Days
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March 20, 2015
18:12 EDTAIGU.S. Court approves AIG investors' $970.5M settlement, Reuters reports
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16:00 EDTNFLXOptions Update; March 20, 2015
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09:45 EDTNFLXActive equity options trading on open
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07:46 EDTAIGAllstate, AIG, others questioned by regulator over pricing method, WSJ says
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05:51 EDTAMRNStocks with implied volatility movement; AMRN EWG
Stocks with implied volatility movement; Amarin (AMRN) 140, iShares MSCI Germany (EWG) 20 according to iVolatility.
March 19, 2015
16:01 EDTNFLXOptions Update; March 19, 2015
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11:02 EDTNFLXOptions with increasing implied volatility
Options with increasing implied volatility: HLF RAD NFLX HLSS NOW
09:37 EDTNFLXActive equity options trading on open
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05:57 EDTNFLXStocks with implied volatility above IV index mean; BBRY NFLX
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March 18, 2015
13:23 EDTNFLXBattleground: Oppenheimer weighs in on Netflix with positive note
The recent weakness in Netflix's (NFLX) stock has created a buying opportunity, Oppenheimer wrote in a note to investors today. Oppenheimer's upbeat note comes after research firm Stifel issued a positive note on the stock yesterday and a third firm, Evercore ISI, downgraded the shares to sell on Monday. BULLISH TAKE: Noting that Netflix's stock has dropped 15% from its 52-week high, Oppenheimer analyst Jason Helfstein said that the decline creates a good buying opportunity ahead a number of "tier 1" original show launches by the company. History indicates that tier 1 original shows have the most impact on the company's net subscriber additions, the analyst stated. Worries about competition have weighed on the shares, but Netflix can beat the competition by using its data to provide superior programming, according to the analyst. He kept a $483 price target and Outperform rating on the shares. Stifel analyst Scott Devitt yesterday stated that concerns about the company's competition are overdone, as Netflix's positioning in the U.S. is as strong as ever and continues to improve as it adds more content. Time Warner's (TWX) upcoming launch of a video on demand service called HBO Now is the primary cause of the decline in Netflix's stock, Devitt contended, noting he views the HBO Now launch as "a non-event" for Netflix. Most Netflix subscribers who obtain HBO Now will probably keep both services, Devitt believes. BEARISH TAKE: Evercore ISI analyst Ken Sena on Monday downgraded Netflix shares to Sell from Hold. Increased competition will force the company to raise its investments, and the return from those investments is uncertain, the analyst contended. In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes, adding that Netflix will face even more competition overseas than in the U.S. Sela reduced his price target on the shares to $380 from $450. PRICE ACTION: In mid-afternoon trading, Netflix was little changed near $418 per share.
08:05 EDTNFLXNetflix weakness creates buying opportunity, says Oppenheimer
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06:01 EDTNFLXStocks with implied volatility above IV index mean; BBRY NFLX
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March 17, 2015
16:00 EDTNFLXOptions Update; March 17, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 27.30. Option volume leaders: AAPL RIG MGM HTZ TWTR TSLA CY KO NFLX C according to Track Data.
13:06 EDTNFLXBattleground: Analysts take opposite sides on Netflix
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11:23 EDTNFLXApple willing to share TV data to attract programming partners, NY Post reports
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10:26 EDTNFLXOptions with increasing implied volatility
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09:34 EDTNFLXActive equity options trading on open
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08:54 EDTAMRNAmarin says study suggest EPA pretreatment reduces oxidative damage
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07:12 EDTNFLXConcerns over Netflix competition overblown, says Stifel
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05:50 EDTNFLXStocks with implied volatility movement; DD NFLX
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