• Trade war pause, retail sales, bank earnings – What to know in the week ahead
    Yahoo Finance

    Trade war pause, retail sales, bank earnings – What to know in the week ahead

    The coming week’s docket of economic reports and earnings releases comes just following the Trump administration’s announcement of a partial trade deal with China late last week.

  • Facebook Q3 2019 Earnings Preview: Time to Buy FB Stock?
    Zacks

    Facebook Q3 2019 Earnings Preview: Time to Buy FB Stock?

    Let's take a look at what investors need to know about Facebook and some of its Q3 estimates to help us determine if FB stock might be worth buying before the social media company reports its Q3 2019 earnings results...

  • Netflix (NFLX) Earnings On Deck: Will Q3 Show Promise?
    Zacks

    Netflix (NFLX) Earnings On Deck: Will Q3 Show Promise?

    Netflix (NFLX) is set to report its third quarter results on Tuesday October 15th.

  • What to Expect from Q3 Earnings Season with Big Banks Set to Report?
    Zacks

    What to Expect from Q3 Earnings Season with Big Banks Set to Report?

    What to Expect from Q3 Earnings Season with Big Banks Set to Report?

  • Why Homebuilder ETFs Are Rising
    Zacks

    Why Homebuilder ETFs Are Rising

    Falling mortgage rates, low unemployment and rising wages have sent many homebuilder stocks to their 52 week highs.

  • Netflix Q3 Earnings Preview: Will NFLX Stock Make a Comeback?
    Zacks

    Netflix Q3 Earnings Preview: Will NFLX Stock Make a Comeback?

    Shares of Netflix (NFLX) have fallen over 20% in the past three months. Let's dive into everything we know about Netflix heading into its Q3 earnings release to see what to expect from NFLX stock...

  • Netflix (NFLX) to Report Q3 Earnings: What's in the Offing?
    Zacks

    Netflix (NFLX) to Report Q3 Earnings: What's in the Offing?

    Netflix's (NFLX) third-quarter 2019 results are likely to be driven by a robust content portfolio. However, intensifying competition remains a concern.

  • Boeing, Renault, L Brands, Tilray, Nike: Companies to Watch
    Yahoo Finance

    Boeing, Renault, L Brands, Tilray, Nike: Companies to Watch

    Boeing, Renault, L Brands, Tilray and Nike are the companies to watch.

  • L Brands' Victoria's Secret Works on Revival, Cuts Jobs
    Zacks

    L Brands' Victoria's Secret Works on Revival, Cuts Jobs

    L Brands' (LB) Victoria's Secret lays off 50 employees at headquarters in Ohio. Further, it remains on track with its turnaround strategy.

  • Bloomberg

    IAC/InterActive Moves Forward With Match Spinoff

    (Bloomberg) -- IAC/InterActive Corp. is moving forward with a spinoff of Match Group Inc. after turning the owner of the Tinder online dating app into one of the best-performing internet stocks.IAC said Friday it formally recommended the move to a special committee of its board. The tax-free transaction would distribute shares of Match to IAC stockholders, formally separating the two companies. It would also collapse the dual-class common stock structure that has allowed IAC to maintain control.Match has been one of the star performers in IAC’s portfolio of companies. The shares have gained more than sixfold since its initial public offering in 2015. In the second quarter, Match accounted for 41% of IAC’s total $1.19 billion in revenue.IAC Chief Executive Officer Joey Levin said in August that he was considering a spinoff of Match as well as ANGI Homeservices Inc., the company’s other top money-maker. For now, ANGI will stay within IAC.“We don’t currently expect to turn our attention to the question of a spin-off until a Match Group transaction has been completed,” Levin said in a statement.To contact the reporter on this story: Erik Schatzker in New York at eschatzker@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GBP/USD, USD/CAD, USD/MXN – North American Session Daily Forecast
    FX Empire

    GBP/USD, USD/CAD, USD/MXN – North American Session Daily Forecast

    The British pound continues to soar, on optimism that a withdrawal deal could be close at hand. The Mexican peso continues to rally late in the week. The Canadian dollar is steady, but we could see stronger movement in the North American session, when Canada releases key employment numbers.

  • Netflix Investors Are Bracing for Another Disappointing Quarter
    Bloomberg

    Netflix Investors Are Bracing for Another Disappointing Quarter

    (Bloomberg) -- Jeff Wlodarczak has been one of Netflix Inc.’s biggest advocates on Wall Street since he took over coverage of the company at Pivotal Research Group in 2015. Over four years, he never wavered from recommending the stock, and this summer the analyst predicted the streaming giant would eventually be worth more than $200 billion.But in September, Wlodarczak slashed his price target by a third to $350 — the largest cut since he began coverage. While he still recommends the stock, Wlodarczak is part of a growing chorus of analysts who now worry Netflix is headed for a slowdown. Goldman Sachs Group Inc. and UBS AG were among the latest to cut their expectations Thursday.“Sentiment is awful,” Wlodarczak said.Netflix shares have fallen 23% since mid-July, when the company fell short of its own second-quarter forecast for new customers. While most analysts blamed the miss on a recent price increase, they also worry that looming competition from Walt Disney Co., Comcast Corp., Apple Inc. and AT&T Inc. could make it difficult for the company to sustain its growth — or reduce the billions of dollars it must raise annually in the junk-bond market.That raises the pressure on Netflix investors ahead of next week, when the company reports third-quarter results, the final stretch before the Disney+ and Apple TV+ streaming services debut. The Los Gatos, California-based company predicted in July it would add 7 million customers in the period, bringing its worldwide total to almost 159 million. But data services used by investors project Netflix will sign fewer, Wlodarczak said.“People are expecting them to miss,” he said. “I can’t recall Netflix ever missing two quarters in a row.”That growing apprehension marks a stark turnaround for a company that has seemed invincible for years, often obliterating Wall Street’s estimates as consumers across the world embraced internet TV. Investor enthusiasm helped fuel Netflix’s rise to the top of the global-entertainment business and feed its ever-growing cash needs.When the company’s first original hit drama, “House of Cards,” debuted in 2013, Netflix was worth around $10 billion, a fraction of the value placed on media giants like Disney and Comcast.The success of its early series and the decline in pay-TV customers convinced investors that Netflix was reigning over a new era of TV, where people in developed countries watched on-demand over the internet instead of via cable or satellite.Subscribers surpassed 50 million, and then 100 million. The market value of Netflix soared as well, peaking near $170 billion last year and briefly topping Disney’s.But Netflix’s spending on movies and TV shows also soared — to an estimated $15 billion this year — while the number of projects topped 1,000. The company’s debt ballooned too, from $500 million to roughly $13 billion.Now, more than two decades after its founding, Netflix is still burning through cash and earning less than its media peers.The company blamed the second-quarter misfire on its slate of new films and TV shows, a claim that set off alarms inside and outside the company. Netflix released dozens of new projects in the second quarter, including the award-winners “Our Planet” and “When They See Us,” the Adam Sandler comedy “Murder Mystery” and the breakout hit “Dead to Me.”If all those programs failed to deliver, what would?Some employees also questioned why the company went ahead with a long-planned retreat to Iceland just days before delivering such bad news, according to a person familiar with the matter. Chief Executive Officer Reed Hastings and Chief Content Officer Ted Sarandos have since reassured employees that the second quarter was a hiccup, according to some who were privy to the conversations and asked not to be identified because they were private.For the quarter just ended, new seasons of hits such as “Stranger Things” and “La Casa de Papel” probably helped the company attract new customers. If Netflix hits its forecast when results come out next week, it’ll be a record for the quarter.“There’s a lot of money being spent, and Netflix will have to ramp up.”But employees and investors clearly worry this time is different. Netflix has a lot more customers than it did three years ago, making it harder to sustain the same level of growth. And that’s without new competition.Disney, Apple, Comcast and AT&T are all taking aim at Netflix, attempting to lure many of the same customers to their own online offerings. They are commissioning original shows and pulling programs from Netflix for their own services.The competition has set off an arms race for talent. Producers Ryan Murphy, Greg Berlanti and Shonda Rhimes have all secured deals in Hollywood worth hundreds of millions of dollars, while actors such as Reese Witherspoon and Jennifer Aniston now command more than $1 million an episode.Netflix’s thesis has long been that revenue will eventually far outstrip its program spending. As the company produced more in-house and relied less on outside studios, it could limit the cost of its shows. But with new rivals pressing in, that may not be the case.“There’s a lot of money being spent, and Netflix will have to ramp up,” said Wlodarczak, who, like most other analysts, continues to believe the company’s long-term future is bright. “We had told our clients that it will be tough for the stock to work ahead of Disney+ and HBO Max.”To contact the author of this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • FX Empire

    Trade Talks and Brexit Negotiations to Remain the Key Drivers

    Geopolitics will remain the main area of focus throughout the day as Brexit and U.S – China trade talks continue.

  • Coca-Cola Q3 2019 Earnings Preview: Is KO Stock Due for a Selloff?
    Zacks

    Coca-Cola Q3 2019 Earnings Preview: Is KO Stock Due for a Selloff?

    With Q3 2019 earnings season set to heat up when the big banks start to report on Tuesday, October 15, it's time to see what investors should expect from Coca-Cola...

  • Disney Rejects Netflix Ads: Here’s What It Could Lose
    Market Realist

    Disney Rejects Netflix Ads: Here’s What It Could Lose

    Disney, which plans to launch its Disney+ video service to rival Netflix, has banned the streaming giant from advertising on its television networks.

  • Stocks Jump on Trump Trade Tweet, Q3 Earnings and Buy Marijuana Stocks - Free Lunch
    Zacks

    Stocks Jump on Trump Trade Tweet, Q3 Earnings and Buy Marijuana Stocks - Free Lunch

    U.S.-China trade war updates, including President Trump's tweet that helped U.S. stocks climb Thursday. A look at the ongoing fight between the NBA and China, some Q3 earnings results next week, and why marijuana stock Cronos looks like a buy - Free Lunch

  • Netflix: Three-Pronged Strategy to Outpace the Competition
    Market Realist

    Netflix: Three-Pronged Strategy to Outpace the Competition

    Netflix stock has lost value amid weak Q2 results and increasing competition. Ahead of its Q3 results, investors should watch its subscriber growth.

  • What do Baseball and Options Trading Have in Common
    Zacks

    What do Baseball and Options Trading Have in Common

    What do Baseball and Options Trading Have in Common

  • Zacks Market Edge Highlights: Alphabet, Funko and EPAM
    Zacks

    Zacks Market Edge Highlights: Alphabet, Funko and EPAM

    Zacks Market Edge Highlights: Alphabet, Funko and EPAM

  • McCormick Up 6% in 3 Months, Cost-Saving Efforts Add Sheen
    Zacks

    McCormick Up 6% in 3 Months, Cost-Saving Efforts Add Sheen

    McCormick (MKC) is on track with the CCI program to boost savings. However, currency volatility is a concern.

  • Netflix Rises 3%
    Investing.com

    Netflix Rises 3%

    Investing.com - Netflix (NASDAQ:NFLX) rose by 3.08% to trade at $275.76 by 10:19 (14:19 GMT) on Thursday on the NASDAQ exchange.

  • FX Empire

    It’s All Eyes on Washington as Trade Talks Resume Later Today

    While economic data will bring the EUR, GBP, and USD into focus, a resumption of U.S – China trade talks is the main event of the day.

  • Zacks

    An Early Apple (AAPL) Q4 2019 Earnings Preview: iPhone Sales, Services Growth & More

    Shares of Apple (AAPL) hover just below their 52-week highs as Wall Street prepares for the busy part of the September quarter earnings season. So here's a somewhat early Apple Q4 2019 earnings preview, including iPhone sales, services growth, and more...

  • Disney Gets Bad News as Its Disney+ Launch Nears
    Market Realist

    Disney Gets Bad News as Its Disney+ Launch Nears

    Disney's (DIS) Disney+ video service will launch on November 12. It's already taken several steps in efforts to grab market share from rival Netflix.

  • Netflix-Disney Rivalry Flares, Netflix Ads Blocked
    Market Realist

    Netflix-Disney Rivalry Flares, Netflix Ads Blocked

    Walt Disney (DIS) has banned Netflix (NFLX) from advertising on all of its television networks but ESPN, The Wall Street Journal reported on October 4.