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Stock Market & Financial Investment News

News Breaks
July 30, 2014
06:00 EDTNFLX, TNetflix will pay AT&T to speed up its video streams, Mashable reports
Netflix (NFLX) has entered a commercial interconnection agreement with AT&T (T) which will give Netflix direct access to AT&T's network, reducing buffering, Mashable confirms. According to an AT&T spokesperson, "We reached an interconnect agreement with Netflix in May and since then have been working together to provision additional interconnect capacity to improve the viewing experience for our mutual subscribers. We’re now beginning to turn up the connections, a process that should be complete in the coming days." Reference Link
News For NFLX;T From The Last 14 Days
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September 8, 2014
09:40 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA YHOO BAC FB MSFT NFLX GILD MCD
07:42 EDTNFLXNetflix expands in Europe amid scrutiny, skepticism, WSJ says
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September 7, 2014
20:37 EDTTApple's new iPhones face risk as carriers begin subsidy phase out, WSJ says
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September 5, 2014
06:41 EDTTFCC head says agency to promote high speed Internet choices, NY Times reports
Stating that fewer than 25% of American homes have access to more than one high speed Internet provider, FCC Chairman Tom Wheeler said the agency would look to promote additional choices in the sector, according to The New York Times. High speed Internet providers include Comcast (CMCSA), Cablevision (CVC), Verizon (VZ), AT&T (T), and Google (GOOG). Reference Link
05:33 EDTTAT&T to offer Moto X, Moto Hint
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September 4, 2014
16:00 EDTNFLXOptions Update; September 4, 2014
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14:05 EDTTCiena weakness may create attractive entry point, says Wells Fargo
Wells Fargo believes that Ciena (CIEN) reported solid Q3 results, and the firm was encouraged by the news that the company was named as an AT&T (T) domain 2.0 supplier. However, the firm notes that Ciena's Q4 revenue guidance was lower than expected, partly due to the deal. Nonetheless the firm expects the factors that caused the guidance miss to be transitory, and it is upbeat about the company's outlook for FY15. Wells keeps an Outperform rating on the shares.
11:50 EDTTAT&T management to meet with Jefferies
Group dinner to be held in Las Vegas on September 10 in conjunction with the CTIA Conference hosted by Jefferies.
09:31 EDTTAT&T says 4G LTE network now reaches over 300M people
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September 3, 2014
16:01 EDTNFLXOptions Update; September 3, 2014
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13:38 EDTNFLXNetflix acquires rights to 'Gotham' series for $1.75M per episode, Deadline says
Netflix has acquired the streaming rights for the upcoming drama series "Gotham" for $1.75M per episode, Deadline reports. This exclusive streaming rights purchase is the first deal to be made for a broadcast series before its television premiere, Deadline added. Reference Link
10:16 EDTTAT&T confirms will carry Samsung Galaxy Note 4, Note Edge, Gear VR
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10:07 EDTNFLXNetflix volatility low as shares at record high
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09:36 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA TWTR PBR C GILD NFLX FB BIDU
08:28 EDTTISIS Wallet changes name to Softcard
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05:29 EDTNFLXNetflix announces Gotham to be released exclusively on Netflix
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September 2, 2014
16:00 EDTNFLXOptions Update; September 2, 2014
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13:04 EDTTFinisar retreats after analyst cuts on pricing, demand worries
Shares of optical components maker Finisar (FNSR) are falling after research firm Jefferies downgraded the stock to Hold from Buy in a note to investors today, citing pricing and demand concerns. WHAT'S NEW: After conducting checks, Jefferies analyst James Kisner wrote that Finisar is facing "brutal" prices for datacom optics, particularly in China. Prices for telecom components in North America are also challenging for Finisar, he reported. Various low-cost competitors are driving down prices for datacom optics, while AT&T (T) is trying to force optical systems vendors to cut the prices of their components by 40%, Kisner stated. Meanwhile, demand for mobile backhaul optics slowed significantly in China over the last month, and two of Finisar's customers - Cisco (CSCO) and Huawei - are exploring alternatives to Finisar's products, Kisner indicated. Additionally, Intel (INTC) and numerous start-ups may launch products that will compete with those of Finisar, potentially cutting into its market share beginning in the second half of 2015, the analyst warned. He cut his price target on the shares to $19 from $25. PRICE ACTION: In early afternoon trading, Finisar slumped 5.5% to $19. Other optical components makers also dropped, with Oclaro (OCLR) falling 1% to $1.75 and JDS Uniphase (JDSU) losing 2% to $11.30.
09:41 EDTNFLXActive equity options trading on open
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06:08 EDTTCox sued by AT&T for patent infringement, Reuters reports
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