Biotech is getting roughed up, after leading the market's gains this year.» Read More
Oct 9- Best Buy Co Inc's chief financial officer, James Muehlbauer, is leaving the embattled retailer after more than a decade, the company said on Tuesday. Best Buy said it is looking for a replacement.
Two analysts disagree about Netflix and the competition it has from Amazon.com. What's an investor to believe?
The U.S. banking quadropoly of Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase has worn out its welcome with the public, but don't look for Amazon, Google, or even Wal-Mart Stores to offer a meaningful alternative.
Oct 9- Wal-Mart Stores Inc is testing same-day delivery of televisions, toys and other general merchandise bought online in a few U.S. markets as it tries to find new ways to keep up with competitors and to attract busy shoppers this holiday season.
**ALCOA INC, Monday close $9.12, up 0.5 pct post-market. **YUM BRANDS, Monday close $66.94,. **CHEVRON CORP, Monday close $117.62.
*Amazon's Epix deal includes pay-for-performance provision* Amazon pays more than Netflix on per-sub basis-execs* Amazon spends $1 bln/ yr on streaming video content-analyst By Alistair Barr.
NEW YORK-- Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. Wal-Mart's tests started this month in northern Virginia and Philadelphia. Wal-Mart plans to test the service in San Francisco and San Jose, Calif., later this month or in early November.
*Amazon's Epix deal includes pay-for-performance provision. *Amazon pays more than Netflix on per-sub basis-execs. According to an executive directly involved in the deal, Amazon agreed to an earn-out provision payable to Epix over time if the number of subscribers to Amazon's Prime Instant Video service rises above a certain threshold.
_ Netflix Inc.' s stock surged 10.5 percent after an analyst sought to ease investor fears that the online subscription service will face intensifying completion from Amazon.com. _ Shares of Glu Mobile Inc. got a boost after the mobile game developer said it signed a gambling deal with Probability PLC.
NEW YORK-- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:. Green Dot Corp., down $2.60 at $10.25. Shares of the prepaid card seller fell after Wal-Mart Stores Inc. and American Express said they will team up to make a rival card.
Stocks ended lower in thin trading Monday, with the Dow pulling back after hitting a five-year high, amid jitters over global growth and ahead of what many forecast will be a weak earnings season.
Netflix has surged more than 30 percent in the past week. Monday’s 10 percent gain was sparked by a Morgan Stanley upgrade, but at least one analyst suggests investors tread cautiously.
There’s room in the tablet market for more than just one device, Barnes & Noble CEO William Lynch told CNBC’s “Squawk on the Street” on Monday.
One investment bank thinks Netflix bears have had their fun, and there may be close to 30-percent upside in shares. TheStreet.com reports.
Lockitron's second product launch and growth illustrate how social media and crowdfunding—including Kickstarter—are transforming the way entrepreneurs do business.
Although Apple still has not confirmed it is making a smaller iPad, a new report claims that the tech giant has already ordered more than 10 million units of the smaller tablet.
Take a look at some of Mondays morning movers.
Jay Elliot, CEO of Nuvel and former Apple senior VP, offers lessons for Hewlett-Packard as it competes with Apple. Carly Fiorina, former Hewlett-Packard CEO, weighs in.
SAN FRANCISCO, Oct 8- Zynga Inc's inexorable decline over the past six months, capped by a sharp reduction in its 2012 outlook on Thursday, has sharpened interest in what Chief Executive Mark Pincus will do next. Zynga did launch several such games this year, including "The Ville" and "ChefVille," and is working on several more.
*Janney raises Amazon.Com Inc fair value to $300 from $250; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.