In 1999, about 92% of $13.2 billion in home entertainment spending went to VHS tapes.That percentage fell to zero in 2009. In 2010, spending on DVDs, Blu-Ray discs, and streaming video totaled…
Greeks will vote on planned austerity, which could wreck the chances of a conclusion to the bailout. (Reuters) China’s PMI falls to the lowest level since early 2009. (Reuters) Chemical and defense…
Each morning 24/7 Wall St. issues its list of some of the key analyst upgrades, downgrades, and initiations seen from Wall Street research firms. We review these calls and other calls made…
The DJIA jumped above 12,000 in the opening minutes of trading this morning and had topped 12,200 by mid-afternoon. European Union leaders have agreed on a deal that would make up to…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) named Bull of the Day at Zacks.…
Amazon.com’s (NASDAQ: AMZN) Jeff Bezos has gambled on his company’s long-term prospects before. He did so again last quarter, and it cost his shareholders, at least for a while. Bezos has run…
Shares opened lower this morning on continuing concern about European bank debt. The Case-Shiller report on housing contributed to the weakness and then the Conference Board’s Consumer Confidence Index came it at…
Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after the close of trading on Tuesday. What makes Amazon so different from many peers in technology, internet and virtual companies is that…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of 3M Company (NYSE: MMM), Fortinet, Inc. (NASDAQ: FTNT), JA Solar Holdings Co.…
Yahoo! Finance: UPS reports higher profit, affirms outlook WSJ: 3M Profit Slips, Cuts Year View CNNMoney: Netflix stock sinks 35% as subscribers flee http://cnnmon.ie/vMQnaP $NFLX WSJ: Vital Signs: Gasoline Still Pricey Bloomberg:…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. AT&T Inc. (NYSE: T) Cut to Market Perform at Bernstein. The…
Netflix, Inc. (NASDAQ: NFLX) has managed to do what many thought was impossible. The leadership’s changes have managed to kill the growth and direction of the brand, and it has happened in…
Jon C. Ogg The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
Wall St. slashed shares of NetFlix (NASDAQ: NFLX) has it missed all projections for revenue, earnings, and subscribers. The firm’s price decisions, which have alienated customers, may have permanently hurt the company.…
Douglas A. McIntyre Stocks opened higher this morning, helped along by a host of merger announcements. Techs got boost when Oracle Corp. (NASDAQ: ORCL) said it would pay $1.5 billion for cloud-based customer service provider…
