U.S. Index Leaders and Laggards 09/4: (WMT) (GME) (IGLD) Up; (CAT) (NFLX) (DDMG) Down
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Dow:
Wal-Mart (NYSE: WMT) is higher by 1.13 percent. Analyst comments suggest the company may have performed well in back-to-school sales.
Shares or Caterpillar (NYSE: CAT) are lower by 3 percent following disappointed PMI data in China and the U.S.
S&P 500:
GameStop Corp. (NYSE: GME) is higher by 4.6 percent. Analysts at Goldman Sachs upgraded the company to Buy. They also raised their price target to 25 (from $20).
Shares of Netflix (Nasdaq; NFLX) are down 7.8 percent. Investors are worried that increased completion will make it difficult to maintain growth. Amazon.com, Inc. (Nasdaq: AMZN) and EPIX entered a multi-year licensing agreement in the U.S. In other news, reports say Time Warner (Nasdaq: TWC) is beating Netflix to the punch in Nordic countries, launching HBO Nordic in Denmark, Sweden, Norway and Finland ahead of Netflix' planned launch.
Nasdaq:
International Gold Golden Lines (Nasdaq: IGLD) is higher by 25 percent following weekend reports by Bloomberg reports. The report says “Internet Gold-Golden Lines Ltd. and B Communications Ltd. (Nasdaq: BCOM), which both hold interests in Bezeq Israeli Telecommunication Corp advanced in Tel Aviv on bets shares in the fixed-line provider are cheap."
Digital Domain Media Group, Inc (Dasdaq: DDMG) declined 34.54 percent following reports the company was exploring options for financing
Wal-Mart (NYSE: WMT) is higher by 1.13 percent. Analyst comments suggest the company may have performed well in back-to-school sales.
Shares or Caterpillar (NYSE: CAT) are lower by 3 percent following disappointed PMI data in China and the U.S.
S&P 500:
GameStop Corp. (NYSE: GME) is higher by 4.6 percent. Analysts at Goldman Sachs upgraded the company to Buy. They also raised their price target to 25 (from $20).
Shares of Netflix (Nasdaq; NFLX) are down 7.8 percent. Investors are worried that increased completion will make it difficult to maintain growth. Amazon.com, Inc. (Nasdaq: AMZN) and EPIX entered a multi-year licensing agreement in the U.S. In other news, reports say Time Warner (Nasdaq: TWC) is beating Netflix to the punch in Nordic countries, launching HBO Nordic in Denmark, Sweden, Norway and Finland ahead of Netflix' planned launch.
Nasdaq:
International Gold Golden Lines (Nasdaq: IGLD) is higher by 25 percent following weekend reports by Bloomberg reports. The report says “Internet Gold-Golden Lines Ltd. and B Communications Ltd. (Nasdaq: BCOM), which both hold interests in Bezeq Israeli Telecommunication Corp advanced in Tel Aviv on bets shares in the fixed-line provider are cheap."
Digital Domain Media Group, Inc (Dasdaq: DDMG) declined 34.54 percent following reports the company was exploring options for financing
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