Ben Bernanke says the Fed is prepared to buy more bonds. (Reuters) NEC to cut 10,000 workers. (Reuters) Nintendo posts poor earnings and cuts forecasts. (Reuters) Warren Buffett says higher taxes on…
Netflix, Inc. (NASDAQ: NFLX) has given its highly awaited earnings report. The online and DVD rental giant reported earnings of $0.73 EPS and $876 million in sales. Thomson Reuters had estimates of…
Jon C. Ogg Netflix, Inc. (NASDAQ: NFLX) is set to report earnings after the close and Wall Street has to be wondering if the bar has been set low enough to clear. While shares have…
Amazon.com (NASDAQ: AMZN) is reportedly considering creating a stand-alone subscription streaming video service to compete directly with Netflix Inc. (NASDAQ: NFLX). Amazon’s current streaming service is including with a $79 annual subscription…
All three major equity indexes opened lower this morning and while all have tracked back to last night’s close, only the Nasdaq Composite has managed to wobble to a small gain for…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Caterpillar, Inc. (NYSE: CAT) Raised to Outperform as Bull…
Netflix (NASDAQ: NFLX), it share price cleaved to about a third of its peak because of an increase of what it charges customer, hundreds of thousands of cancellations from subscribers because of…
Douglas A. McIntyre Nearly a third of US consumers now watch movies and other videos on Internet streaming services such as those offered by Netflix Inc. (NASDAQ: NFLX) and Amazon.com (NASDAQ: AMZN). About 55% of…
Just what a beaten down company needs… a class action lawsuit. When you have a boom to bust story like Netflix, Inc. (NASDAQ: NFLX). would you honestly expect there not to be…
Jon C. Ogg The tension over the financial crisis has risen at an astonishing rate in just three days. Downgrades of the sovereign debt of several nations have rattled the markets. But the most immediate trouble…
The move to online television is growing rapidly and we have some food for thought ahead of a three-day weekend here after reflecting on the data that came out this week. Some will…
Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed a lengthy list of corporations for which there is substantial research data to choose the 10 most…
US equities opened strongly this morning and managed to maintain solid gains throughout the day. The in-line earnings report last night from Alcoa Inc. (NYSE: AA) and higher commodity prices — based…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Apollo Group Inc. (NASDAQ: APOL) Reiterated Buy and raised price…
US markets opened up slightly this morning and have maintained a slight positive tone for most of the day. Today marks the unofficial beginning of another earnings season, with Alcoa kicking things…
