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Netflix Shares Get Boost from Disney Deal
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 2:01
- Date Dec 4, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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We got two minutes to go before the closing bell rings let's go to the -- -- on the floor of the New York Stock Exchange.
OK so we are awaiting earnings from Internet radio giant pandora stocks seeing a bit of a -- ahead of results with the top of shorts biting their nails over the -- And reducing want and are -- -- -- and the question is whether or not they've been increasingly odd incidents increasing the revenue and people are betting -- All right tire ore body of David out -- -- is Nicole Petallides Netflix.
Let's talk about Netflix in a big -- today.
They signed this deal -- Disney apparently investors think it's going to be.
Very profitable.
It is a big deal here because what you'll be able to do is it -- idol exposed we distribute Disney.
Movies parents television and they'll be doing so -- 2016 when the current deal expires at Liberty Media stars channels they DO not like you know what's the big deal -- is what happened with GAAP and there was some comments from analysts we know that that this is a stock that has -- as beautifully over the past year or so and today it just took that prop.
That's -- -- -- hundred companies rushing to pay dividends but the gap.
Actually is passing on making a special dividend -- to the shareholders -- I think we're wondering why.
-- Nicole let us talk about apple because it continued its slide today.
We were all looking for reasons as to why because -- started early in fact I was -- with -- and you and I were talking about a back then there was this.
Is one to -- AVG some bold call leader.
About which I don't know a lot that they had they -- a rating on the stock up price target of 400 dollars is that one of the things that -- lower.
You know it's volatile stock it's not too much of a -- down 2% currently data moved here grapple.
I think it's not too far into viable option that -- -- management so that really got twenty seconds to go on a day where listen every minute that was done.
-- higher on the Dow Jones.
-- -- Moves some 79 times we crossed the flat line is probably more than that at this point but it looks like.
And the NASDAQ Russell two.