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Stock Market & Financial Investment News

News Breaks
December 21, 2012
11:16 EDTNFLX, FBCongress passes Netflix-backed bill, The Hill reports
The Senate yesterday unanimously passed a bill that would allow users of Facebook (FB) and other social media websites to automatically share which movies they watch on Netflix (NFLX), according to The Hill. The bill, which was strongly backed by Netflix, will now be sent to President Obama for his signature, the website added. Reference Link
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May 19, 2013
17:10 EDTFBFacebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link
May 17, 2013
09:37 EDTNFLXActive equity option families trading on open
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06:51 EDTFBFacebook volatility at low end of historic range
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06:36 EDTFBGoogle to add new apps to Google Glass, NY Times says
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May 16, 2013
09:36 EDTNFLXActive equity option families trading on open
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05:59 EDTFBHigh tech firms involved in immigration battle, WSJ reports
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05:57 EDTFBFacebook implied volatility at lower end of index mean range
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May 15, 2013
17:46 EDTFBSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
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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10:13 EDTNFLXNetflix loved by consumers in survey, says BTIG
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09:43 EDTNFLXActive equity option families trading on open
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09:01 EDTNFLXNetflix EPS could reach $10+, says RBC Capital
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07:26 EDTNFLXNetflix ready for battle in Canada, Globe and Mail reports
Netflix may have won the initial battle for online viewers in Canada, but CEO Reed Hastings says it must now survive an onslaught from the country’s traditional TV companies, reports the Globe and Mail. Hastings said the company is prepared to aggressively bid for movie and TV rights while earmarking increasingly higher amounts to produce original content to entice viewers into cutting their cords. Reference Link
05:59 EDTFBCorporate boards recruit newcomers with digital knowledge, WSJ reports
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May 14, 2013
17:48 EDTFBLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
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