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Stock Market & Financial Investment News

News For TWX;GOOG;NFLX From The Last 14 Days
Check below for free stories on TWX;GOOG;NFLX the last two weeks.
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April 3, 2014
08:54 EDTGOOGGoogle Class C shares begin trading today
Google (GOOG) is effectively splitting its stock via a dividend distribution of new "Class C" shares, which begin trading today. The price of existing Google A shares, which hold one vote each, is expected to fall by half today as the C shares begin trading. WHAT'S NOTABLE: In January, Google announced that its board approved a dividend of Class C shares to be distributed on April 2 to holders of record as of March 27. The new Class C shares will trade under the ticker "GOOG" and the company's existing Class A shares will trade under a new ticker, "GOOGL." The company has previously said that its Q1 GAAP EPS will be half of what it would otherwise report because its net earnings are divided by twice as many shares. The company also said that its non-GAAP EPS will be similarly affected by the Class C dividend issuance, but will also be impacted by the expected sale of Motorola Mobile to Lenovo (LNVGY). This sale triggers "discontinued operations" accounting treatment, Google noted. Both Google Class A and Class C will be included in the S&P 500 and S&P 100 and there will not be a switch from Class A to Class C. Class A shares will subsequently be removed from Nasdaq indexes when the exchange operator rebalances them on June 23. By introducing non-voting C shares, Google's Sergey Brin and Larry Page will be able to issue stock to compensate workers or make acquisitions without diluting their voting stake, Bloomberg has noted.
07:50 EDTGOOGNew Google shares land in market, Bloomberg says
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06:29 EDTGOOGTaiwan makers: Chromebook shipments in 2014 to reach 4M-5M units, DigiTimes says
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06:24 EDTGOOGGoogle could ship up to 11M Chromebooks worldwide by 2019, DigiTimes says
ABI Research believes Google could ship an estimated 11M Chromebooks in 2019 after shipping nearly 2.1M in 2013, reports DigiTimes. Research Analyst Stephanie Van Vactor said the device is a disruptive force to the portable PC market after finding the ASP to be $338. Reference Link
06:10 EDTGOOGGoogle's LeBeau hired by Facebook, TechCrunch reprots
Google (GOOG) product designer Mike LeBeau has been hired by Facebook (FB), TechCrunch reports. LeBeau had a hand in developing several voice-related technologies, including iPhone Voice Search, while working as a staff software engineer and product designer at Google, and was an early member of the Android team. LeBeau will become a product manager at Facebook. Reference Link
April 2, 2014
16:21 EDTNFLX, GOOGOn The Fly: Closing Wrap
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16:00 EDTNFLXOptions Update; April 2, 2014
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13:46 EDTNFLXNetflix heads lower, levels to watch
The shares have been steadily declining for the last hour, last at $359.97. At that price next immediate support is at the session low of $358.46. A more important test is at $352.06. A break below $350 would breach an important technical level which had been resistance prior to the run up to the life high early last month. Resistance is at $364.69, the prior session close.
11:22 EDTGOOG, NFLXAmazon says Fire TV remote control uses bluetooth
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11:15 EDTGOOGAmazon says Fire TV 'three times as powerful' as Apple TV, Roku, Chromecast
10:32 EDTTWXTime Warner management to meet with Guggenheim
Meeting to be held in Dallas on April 7 hosted by Guggenheim.
09:55 EDTNFLXReport: Netflix to launch in France from Luxembourg, Variety says
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07:23 EDTGOOGApple (AAPL) to act like Google (GOOG) in ad push, Business Insider says
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07:15 EDTGOOGGoogle asks Supreme Court to hear 'Street View' case, Wired says
After an appeals court previously found Google may have violated the Wiretap Act with its past collection of unencrypted Wi-Fi data as part of its Street View program, the company is asking the Supreme Court to rule on the matter, reported Wired, citing court documents. Reference Link
07:14 EDTGOOGGoogle shares undervalued at current levels, says Bernstein
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06:50 EDTGOOGYouTube dominates mobile apps, Facebook on top in mobile social, Re/code says
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06:45 EDTGOOGAmazon expected to announce media streaming device today, Business Insider says
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06:18 EDTNFLXHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
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06:16 EDTGOOGGoogle April volatility elevated into 2-1 stock split and Q1
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