Thursday, 15 September 2011
NFLX netflix night1001
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NFLX netflix night1001
My plan was for the NDX to strengthen into triple witch; ergo this would propel NFLX (which I have not followed very much before this week) higher --- such that my spread would profit. So for 2-3 days sure enough the Nasdaq and NDX was read more
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Fundtech, Ltd. (NASDAQ: FNDT), Netflix, Inc. (NASDAQ: NFLX), Transcept Pharmaceuticals read more
Markets rallied strong yesterday after German (NYSE:EWG) Chancellor Angela Merkel and Greece’s Prime Minister George Papandreou assured the public that Greece leaving the 17-nation euro zone was not an option being considered. Papandreou reiterated his government’s commitment to instituting the deficit reductions required as part of its two bailouts. Now, all these leaders need to add some bite to their bark.
Hot Feature: Here’s Why Gold Will Go Higher.
UBS AG (NYSE:UBS) has a great excuse for announcing bad earnings this quarter: the Swiss bank claims a rogue trader in its investment-banking division has accumulated $2 billion of losses. Considering traders report to a trading desk daily, it’s mind boggling how one person can do so much damage.
Initial jobless claims in the U.S. jumped another 11,000 last week to 428,000. Initial claims from two weeks ago were revised up to 417,000 from 414,000. Unemployment continues to be a major drag on the U.S. economy.
Don’t Miss: Here’s Why More College Graduates Are Filing for Bankruptcy.
The U.S. Federal Reserve (NYSE:SPY), the Bank of England (NYSE:EWU), Bank of Japan (NYSE:EWJ), and Swiss National Bank (NYSE:EWL) are uniting to administer more U.S. dollar (NYSE:UUP) auctions for liquidity. The move is a crisis avoidance measure to maintain dollar funding amidst the European sovereign debt debacle.
Netflix Inc. (NASDAQ:NFLX) lowered its third-quarter domestic subscriber estimates. The company expects to end the quarter with 21.8 million domestic streaming subscribers and 14.2 million U.S. DVD subscribers, down from its prior forecast of 22 million and 15 million, respectively. This month, the company ended its $9.99 per-month DVD-rental and movie-streaming plan and split the services to two separate plans for $7.99 a month each. Netflix’s stock has had a rocky road recently after Starz (NASDAQ:LSTZA) and other content providers are looking for a higher cut from the distributor.
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