Now that the Ira Sohn conference has become a worthless hypefest, in which everyone and their kitchen sink is invited in a desperate attempt by hedge funds to offload positions put on ages ago to witless alphaclone chasers, the real “idea dinners” are few and far between. One such remaining one, which unlike other does not seek to publicize its positions to the retail investor is that held by Monness Crespi in [...]
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From Reuters: Verizon Communications Inc plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix Inc and the traditional cable TV business, according to several people briefed on the plan. The phone company is talking with prospective programming partners about the service, which would be introduced outside of markets where it currently offers its broadband and TV package, known [...] Security & Symbol = Netflix, Inc. (NFLX) - BTUB The WSJ is finally noticing that markets have become, you know, weird: “Amid the wild swings of the past few weeks, cracks are appearing deep in the workings of the stock market that some professional investors say are making the market treacherous to trade. Hedge-fund traders and mutual-fund managers say it has become increasingly tough to trade an individual stock without causing a big swing in its price. Thats led many large [...] (Reuters) – Amazon.com Inc is in talks with book publishers about launching a media library service similar to Netflix Inc for tablets and other digital books, The Wall Street Journal reported on Sunday. Seattle-based Amazon, which makes the popular Kindle electronic reader, is also expected to release a tablet to rival Apple Inc’s iPad in coming weeks, the Journal reported. Under the proposal for a digital [...] Apple Inc., with $76.2 billion in cash and securities on its books, is considering making a bid for the Hulu online video service, two people with knowledge of the auction said. Apple, the world’s second-most-valuable company, is in early talks that may lead to an offer for Hulu, said the people, who weren’t authorized to speak publicly. Hulu would give Apple a new subscription service and represent a possible challenge to Netflix [...] Google Inc. (GOOG)’s YouTube website will add “The King’s Speech,” “Inception” and about 3,000 other titles to its movie-rental service, accelerating its shift into Hollywood entertainment and stepping up competition with Netflix Inc. (NFLX) YouTube is adding films from Sony Corp. (6758), Time Warner Inc.’s Warner Bros., Comcast Corp.’s Universal Pictures and Lionsgate, according to a statement today. The additions will push YouTube’s total movie rentals available to more than 6,000. [...] via Reuters: Movie rental company Netflix Inc is close to an agreement with Miramax to stream the studio’s library in a deal that would be worth “well north of” $100 million over five years, according to a source familiar with the deal. Miramax’s more than 700 titles include hits such as “Pulp Fiction” and “Good Will Hunting.” Netflix and Miramax declined to comment. The Wall Street Journal earlier reported the two sides were nearing [...] by zh Just last week we posted the follwing: “Was this the peak of the world’s most overpriced stock Netflix? A new Form 4 filing indicates that the first defection in realization of a sinking ship may have occurred. On November 4, Netflix Chief Financial Officer Barry McCarthy sold 100,000 share equivalents, with 91,181 shares sold between $200.36 and $201.11 and the balance from option exercise. [...] 1.9 Million people are still getting laid off every month… Does anyone really beleive that roughly 1.9 Million new hires are occuring each month….. we are well over 32 million unemplyed/underemployed, soon to be 40 million by election time…. May 19 , 2010 H&R Block – 400 The Hudson Area Schools Michigan – 8 More The Kelseyville Unified School District CA – 11 Daimler Financial Unit ( Germany ) – 250 Update: Des Moines school IA [...] |
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