Netflix announced plans to start offering employees "unlimited" parental leave during the first year after a child's birth or adoption.» Read More
U.S stock index futures struggled for direction Tuesday as investors remained on edge over worries about slowing global growth and ahead of the third-quarter earnings season.
Take a look at some of Tuesdays morning movers.
*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.
*BofA Merrill cuts Netflix to underperform from buy- Benzinga.com For a summary of rating and price target changes on U.S. companies:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Oct 9- Moody's placed Netflix Inc.' s Ba2 Corporate Family Rating, Ba1 Probability of Default Rating and Ba2 senior unsecured notes rating on review for downgrade.
*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.
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_ 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 shares are up after Morgan Stanley upgraded the stock to overweight, and UBS is recommending that Hewlett-Packard break into two businesses. Which company is a buy right now? Carter Worth, Oppenheimer, and Charles Ortel, Newport Value Partners, weigh in.
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.
One investment bank thinks Netflix bears have had their fun, and there may be close to 30-percent upside in shares. TheStreet.com reports.
U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season.
Netflix stock was upgraded to an overweight by Morgan Stanley this morning. Barton Crockett, Lazard Capital Markets, and Andy Hargreaves, Pacific Crest Securities, discuss.
U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season. **GREEN DOT CORP, $10.55, down 17.9 pct. **NETSPEND HOLDINGS INC, $10.00, down 6.98 pct.
**GREEN DOT CORP, $10.31, down 19.8 pct. **NETSPEND HOLDINGS INC, $10.00, down 6.98 pct. **WAL-MART STORES INC, $75.47, down 0.45 pct.
**GREEN DOT CORP, Friday close $12.85, down 23 pct premarket. **NETSPEND HOLDINGS INC, Friday close $10.75, down 12 pct premarket. Shares of Prepaid card companies Green Dot and NetSpend fell after Wal-Mart and American Express announced a partnership to offer customers an alternative to debit and checking accounts.
*Morgan Stanley raises Netflix to overweight from equalweight-. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
NEW YORK, Oct 8- Netflix Inc:.