Can Netflix (NFLX) Get Back on Track?

Posted On Tuesday, 25 Oct 2011 By . Under Bad News, Before the Bell, Competitive Strategy, Earnings, Technology  Tags: , , , , , , , , , , ,   
Can Netflix (NFLX) Get Back on Track? Shares of tech giant Netflix (NFLX) are tumbling in premarket trading this morning after the company reported last night that it lost a massive 800,000 subscribers last period, due to price changes and a decision to split its streaming and DVD rental business. Netflix reported its third quarter results last night, which were actually above analyst estimates, but shares are tradign down over 35% in premarket trading as investors react to ...

General Electric and Bank of America pull down the market

Posted On Friday, 16 Oct 2009 By . Under Bad News, downgrades, Earnings, Good News, Major Moves, Market Updates, New Highs, upgrades  Tags: , , , , , , , , , , , , , , , , , , , , , , , , ,   
General Electric and Bank of America pull down the market The market closed in the red today, as poor earnings from General Electric (NYSE: GE) and Bank of America (NYSE: BAC) brought out the bears. The DOW closed the session down 0.67%, the NASDAQ ended the day down 0.76%, while the S&P slipped by 0.8%. General Electric started off the day off on a bad note when the company reported revenues that came up short of analyst estimates. GE was able to ...