Showing posts with the label by MarketWatch

Netflix News, by MarketWatch | July 19, 2022:

Source: Netflix lost fewer subscribers than forecast and expects to win them back quickly, boosting stock Jon Swartz, , Jeremy C. Owens 4-5 minutes Netflix Inc. lost fewer subscribers than expected in the second quarter and expects to add even more in the current quarter, helping the stock shoot higher in after-hours trading Tuesday. Netflix NFLX, +5.61% reported a net loss of 970,000 paid subscribers in the second quarter, while analysts on average were forecasting a reduction of 2 million net additions, according to FactSet. Netflix told Wall Street to expect 2 million subscribers to leave three months ago, while reporting its first subscriber decline in more than a decade and a miss on revenue. In a letter to shareholders, Netflix executives said they expect 1 million new subscribers to join in the third quarter, with rev

Asian Markets latest News At The Time by MarketWatch; July 7, 2013.

Asia Asian stocks rise after U.S. jobs; yen aids Japan Japanese shares advance to begin the week on a positive note, leading Asian markets on buying inspired by a better-than-expected increase in U.S. jobs and further weakness in the yen.      Australia stocks fall as miners pulled lower LOS ANGELES (MarketWatch) -- Australian stocks fell in early trade Monday, with mining issues hurt as a rising U.S. dollar pushed most commodity prices lower late last week. The S&P/ASX 200 slipped 0.1% to 4,839 as shares of BHP Billiton Ltd. and Rio Tinto Ltd. lost 1.4% each, and gold producer Newcrest Mining Ltd. fell 5.6%. Gains in banking and energy shares, however, helped limit losses on the equity benchmark, with Commonwealth Bank of Australia up 0.4% and Woodside Petroleum Ltd. higher by 1.3%. Meanwhile, the Australian dollar weakened against the U.S. unit, buying 90.54 U.S. cents

Europe stocks rally as investors await Fed: European Markets at Close Report, by MarketWatch, June 17, 2013.

By Sara Sjolin , MarketWatch  LONDON (MarketWatch) — European stock markets rose on Monday with investors hoping the U.S. Federal Reserve will refrain from making any changes to its monetary policy when it meets later this week.  The Stoxx Europe 600 index XX:SXXP +0.73%  gained 0.7% to close at 293.25 after posting a fourth straight week of losses on Friday. The Fed and the taper Paul Vigna and Steven Russolillo discuss what effects the Fed is having on markets, and David Benoit runs down the week's winners and losers.   The index has posted a 4.9% year-to-date gain as aggressive easing measures from central banks largely have offset worries about sluggish European growth. Concerns that central banks will reduce their liquidity injections, however, have knocked off 5% from the pan-European

Asian Markets Latest News at the time, by MarketWatch, June 05, 2013.

Asia Australia trade surplus shrinks on forex strength LOS ANGELES (MarketWatch) -- Australia reported Thursday a narrowing of its trade surplus in April, as exports logged a 1% drop from the previous month, with the result missing forecasts. The April trade account was just 28 million Australian dollars ($26.6 million) in surplus, shrinking drastically from a A$555 million suplus in March, the Australian Bureau of Statistics said. The drop in exports came as the Australian dollar hit its recent peak near $1.06, and despite a 12% rise in non-monetary gold exports during the month. Since then, the Australian currency has slipped back to its lowest levels in more than a year. April imports, meanwhile, ticked 1% higher from March. The Australian dollar fell immediately after the data, but quickly moved higher, trading at 95.03 U.S. cents from 94.90 U.S. cents ahead of the numbers.