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Trader's Blog
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Today's News
By The Numbers: Netflix subscribers
2 hours, 15 minutes ago
In the first three months of the year, Netflix gained 2 million U.S. Internet subscribers, thanks in part to the success of the political drama "House of Cards," which debuted in February. Netflix is expected to get another boost this weekend with the revival of "Arrested Development." Here's a breakdown of Netflix Inc.'s subscribers as of March 31 and details on its forecast:
Pharmaceutical co. ISTA pleads in federal case
2 hours, 15 minutes ago
Drug-maker ISTA Pharmaceuticals has pleaded guilty in a federal case involving its eye drug Xibrom. It also pleaded guilty to violating anti-kickback statutes by sponsoring various events in hopes of persuading doctors to prescribe Xibrom. The company has agreed to pay $33.5 million in fines and fees.
News Summary: Japan's leader defends 'Abenomics'
2 hours, 17 minutes ago
DEFENSE: Japan's leaders defended the economic strategies championed by Prime Minister Shinzo Abe a day after Tokyo stocks suffered their worst loss since the 2011 tsunami disaster. STANDING FIRM: Kuroda, Abe and other officials said they will stick to the "Abenomics" program of extreme monetary stimulus, government spending and reforms aimed at reviving growth after two decades of stagnation.
AP Top Financial News At 4:07 p.m. EDT
2 hours, 15 minutes ago
Summer travel forecast: Better, but no blowout Stocks head lower, market on track for weekly loss US durable goods orders rise 3.3 percent in April
