Netflix Adopts Stockholder Rights Plan
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) announced today that its board of directors has adopted a stockholder rights plan. According to the press release: The Rights Plan is intended to protect…
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) announced today that its board of directors has adopted a stockholder rights plan. According to the press release: The Rights Plan is intended to protect…
thinkstockNew research from 451 Research’s ChangeWave service shows that the Instant Video offering from Amazon.com Inc. (NASDAQ: AMZN) continues to gain share among consumers. Netflix Inc. (NASDAQ: NFLX) still dominates the market…
courtesy of YouTubeApple Inc. (NASDAQ: AAPL) releases its iPad mini in Asia, but demand appears soft. (Reuters) Microsoft Corp. (NASDAQ: MSFT) seeks developers for Windows 8. (Reuters) The FTC may sue Google…
U.S. equity markets opened higher following a spate of moderately good news on U.S. employment. The ADP report showed job gains (more coverage here), and the report on new claims for unemployment…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Barclays PLC (NYSE: BCS) reiterated Buy and listed as “too cheap” at BofA/ML.…
thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had…
thinkstockFounders of major companies are sometimes pushed out by their boards. It is quite another thing for an outsider to do the same. Netflix Inc.’s (NASDAQ: NFLX) Reed Hastings has lost much…
Carl Icahn is going after Netflix, Inc. (NASDAQ: NFLX). A 13DÂ filing with the Securities and Exchange Commission shows that Carl Icahn, via investment entities under him, has taken a stake of 9.98%…
Jon OggThe short interest in the actively traded cult stocks and in some of the active low-priced shares can tend to be volatile, to say the least. We tracked some rather large…
The three major U.S. stock indexes opened higher this morning following a better-than-expected PMI reading from China (more coverage here) that was mostly untempered by lower-than-expected PMI readings from Europe (more coverage…
These are Wednesday’s market winners and losers. Biggest Winners Shares of Spartech Corp. (NYSE: SEH) are up 62.26% to $8.34 on trading volume of 4.9 million shares. PolyOne Corporation (NYSE: POL) will buy…
We have many stocks on the move this morning. The following are the stocks to watch for active traders this Wednesday: Buffalo Wild Wings Inc. (NASDAQ: BWLD); Facebook Inc. (NASDAQ: FB); iRobot…
The public editor of The New York Times, the flagship of the New York Times Co. (NYSE: NYT), questions the appointment of new CEO Mark Thompson because he ran the BBC during…
Netflix Inc. (NASDAQ: NFLX) reported fiscal third quarter 2012 results after markets closed today. For the quarter, the video distribution company posted adjusted diluted earnings per share (EPS) of $0.13 on revenues…
The three major U.S. stock indexes opened lower this morning and remained in negative territory all day. The decline is down to weak earnings from many U.S. firms reporting results today. In…