Jefferies & Co. downgraded rating of online DVD rental company Netflix, Inc. (NFLX) to 'hold' from 'buy' given the 270 percent run-up in the stock since January 2010, with a price target of $195.
The top after-market NASDAQ stock market losers are: Discovery Communications, Volterra Semiconductor, FX Energy, Netflix, Dollar Tree, Layne Christensen, Warner Chilcott, Expeditors International of Washington, OpenTable, and AgFeed Industries.
Mark Cuban, CEO of HDNet, calls over the top video a complimentary service, not a replacement to cable or satellite.
Jefferies & Co. said in its Wireless and Handsets weekly that tablet and smartphone sell-through has been strong at the start of the holiday shopping season.
The top pre-market NASDAQ stock market losers are: Sequenom, Itron, Leap Wireless International, Netflix, Synopsys, ARM Holdings, Clearwire, ASML Holding, Vodafone Group, and Voltaire.
The Federal Communications Commission has committed to the concept of net neutrality, but the spat between Level 3 and Comcast highlights some difficult enforcement issues.
Level 3 and Comcast are in a dispute over the transmission of video on the Internet, and the outcome could have large implications for companies that transmit video over broadband networks.
The top pre-market NASDAQ stock market gainers are: Voltaire, AMAG Pharmaceuticals, Sangamo Biosciences, Netlist, Avanir Pharmaceuticals, Netflix, Deckers Outdoor, Amazon.com, JA Solar Holdings, Baidu, and Apple.
Netflix has moved its video-on-demand streaming service to the cloud, taking its datacenter to Amazon Web Services EC2 (AWC), citing the need for agility and the high cost of running Oracle on IBM as its primary motive.
The top pre-market NASDAQ stock market gainers are: Magic Software Enterprises, Tesla Motors, Deckers Outdoor, F5 Networks, DryShips, Avanir Pharmaceuticals, Amazon.com, Baidu, Oracle, and Netflix.
Stocks finished mixed, but bounced back from early lows on worries that Ireland’s debt crisis could spread to other peripheral euro zone nations, follow a request by the Irish government for a multi-billion euro funding bailout.
Hulu has announced the launch of its Hulu Plus subscription service, shaving $2 off from the preview price at $9.99 showcased in July.
The top pre-market NASDAQ stock market losers are: Perfect World, Netlist, China Natural Gas, Limelight Networks, A-Power Energy Generation Systems, China Sunergy, Magic Software Enterprises, Joy Global, Power-One, and Randgold Resources.
The top after-market NASDAQ stock market losers are: China Natural Gas, Rightnow Technologies, Netlist, Limelight Networks, Sinovac Biotech, Amedisys, Cray, RINO International, Ebix, and Arbinet.
Sony and Microsoft are hoping their new motion sensor controllers help them surpass long-time industry champion Nintendo in the console race this holiday season.
Having faced multiple hardware debacles ranging from Zune to Kin, Microsoft is out to prove naysayers false with its Xbox add-on Kinect, a motion sensor and voice recognition technology-based device that allows users to control games and movies with gestures and voice.
