Netflix, Inc. (NASDAQ:NFLX) released that its Q2 net earnings of $26.3M or $0.06 a share as compared with $71M or $0.16 a share previous year. The revenues for the quarter were $1.64B as compared by means of $1.34B in the previous year. Analysts polled by Thomson Reuters anticipated earnings of […]

Citigroup cut its its rating on shares of Netflix, Inc. (NASDAQ:NFLX) to “Neutral” from “Buy” and Societe Generale downgraded the stock to “Sell” from “Buy.” The activist investor Carl Icahn also declared that he has sold his remaining stake in Netflix. Netflix gapped open lower Thursday and fell during the first […]

Freeport-McMoRan Inc. (NYSE:FCX) released that its wholly-owned subsidiary, Freeport-McMoRan Oil & Gas Inc., has filed a registration statement on Form S-1 by means of the U.S. SEC associated to its possible IPO of Class A common stock representing a minority interest in Freeport-McMoRan Oil & Gas. The size of the proposing […]