Netflix had the biggest drop of the four FAANG stocks, falling 4.11 percent despite earning multiple Oscar nominations, including best picture, for its movie Roma today. Andrew Osterland Published 4:20 pm CST, Tuesday, January 22, 2019 Photo: Netflix Photo: Netflix Image 1 of / 1 Caption Close Image 1 of 1 Photo: Netflix Netflix Earns 4 Oscar Nominations, But Its Stock Still Drops 4 Percent 1 / 1 Back to Gallery More signs of slowing global growth rattled the stock market, sending the major indexes down for the first time in five trading sessions. The Chinese government announced that the country had GDP growth of 6.6 percent last year. We should be so lucky, but that's its weakest … [Read more...] about Netflix Earns 4 Oscar Nominations, But Its Stock Still Drops 4 Percent
The streaming service announced its quarterly earnings on Thursday. Andrew Osterland Published 4:55 pm CST, Thursday, January 17, 2019 Photo: NurPhoto | Getty Images Photo: NurPhoto | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: NurPhoto | Getty Images Netflix Has Been the Hottest Stock Since Christmas. Here's Why. 1 / 1 Back to Gallery Positive news on U.S.-China trade talks briefly gave stock prices a jolt mid-afternoon, helping the major indexes post gains on the day. The Dow, S&P 500 and Nasdaq Composite indexes rose 0.67 percent, 0.76 percent and 0.71 percent respectively. The Entrepreneur Index™ closed the day up 0.87 percent. The market was … [Read more...] about Netflix Has Been the Hottest Stock Since Christmas. Here’s Why.
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Jon Chesto Globe Staff January 17, 2019 New General Electric CEO Larry Culp’s emphasis on transparency apparently now extends to the company’s political operations.GE executives just decided to broaden the company’s disclosures of political donations to include trade association dues as well as gifts to “social welfare” nonprofits, a.k.a. 501(c)(4)s, often used to funnel dark money to candidates.The decision marks a high-profile victory for the Center for Political Accountability, a nonprofit D.C. watchdog group that has stepped up its efforts to persuade companies to improve their disclosures and oversight of political spending. CPA, as the group is known, prefers to do this via shareholder proposals filed by supporters in the investment community. If a deal can’t be reached with a particular company, the proposal usually heads … [Read more...] about GE is shedding more light on its political donations
The index closed up 2.04 percent today. Andrew Osterland Published 4:10 pm CST, Tuesday, January 15, 2019 Photo: Chesnot | Getty Images Photo: Chesnot | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Chesnot | Getty Images The Entrepreneur Index™ Rides Netflix's Coattails to Big Stock Jump 1 / 1 Back to Gallery Technology stocks led the market higher today, with Netflix being the biggest catalyst. The leader in the streaming video business announced price increases for new and existing subscribers, (58 million in the third quarter), in the U.S. As it has with previous price increases, the stock jumped on the news, rising 6.52 percent -- the biggest gain on the … [Read more...] about The Entrepreneur Index™ Rides Netflix’s Coattails to Big Stock Jump
Here's one reason why Wynn Resorts stock has fallen over 40 percent since last May. Andrew Osterland Published 4:30 pm CST, Monday, January 14, 2019 Photo: Narvikk | Getty Images Photo: Narvikk | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Narvikk | Getty Images Weak Trade Data From China Has Investors Worried -- and Wynn Resorts Stock Falling 1 / 1 Back to Gallery Weak trade data from China renewed investor worries about slowing global economies, sending share prices down for the day. Both imports and exports in China declined in December year over year while the country's trade surplus with the U.S. expanded. The sluggish data from the world's second biggest … [Read more...] about Weak Trade Data From China Has Investors Worried — and Wynn Resorts Stock Falling