Netflix shares rise on subscription gains. Nordstrom holiday sales decline. Oil's price gains for a second week. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Netflix shares are more than 5% higher in premarket trading after the company gained 7.7 million subscribers during the October-December period.will relinquish its title of co-CEO.Programming chief, Ted Sarandos will be co-CEO along with Greg Peters, Netflix's chief operating officer.$55.3 million, or 12 cents per share, during the fourth quarter, a 91% decline from the same time in the prior year. Revenue rose 2% from the previous year to $7.85 billion.
The earnings fell below the predictions of analysts, but investors appeared to be more focused on the subscriber gains that were far above projections. Nordstrom shares are down more than 4% in premarket trading after the company reported declining holiday sales. says sales declined 3.5% from year ago figures, causing the company to adjust its full-year forecast, according to the Wall Street Journal.and credit-card revenue, at the low end of its previously issued outlook of 5% to 7%. for the month of December.
Sales of previously owned homes are expected to fall 3.2% to a seasonally adjusted annual rate of 3.96 million units. That would be the eleventh straight monthly drop, the most on record.high mortgage rates,Homebuilder sentiment inched up from the lowest in more than a decade but is still at a very depressed level; while housing starts and building permits continue to retreat.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
STOCK MARKET NEWS: Microsoft, Amazon layoffs, Party City bankruptcy, inflation easesAmazon and Microsoft step up layoffs, Davos organizers slam Elon Musk, mixed data on producer prices and retail sales. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Lire la suite »
Stock Market News Today: Dow Loses Over 600 Points On Inflation, Retail DataThe Dow dropped more than 600 points as new data raised concerns about economic growth. Treasury yields fell sharply.
Lire la suite »
STOCK MARKET NEWS: Dow drops over 600 points, Microsoft, Amazon layoffs, retail sales slideAmazon and Microsoft step up layoffs, Davos organizers slam Elon Musk, mixed data on producer prices and retail sales. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Lire la suite »
STOCK MARKET NEWS: Dow negative for year, P&G price hikes, US hits debt ceilingStocks struggle as recession concerns mount, P&G raising prices, Musk rips World Economic Forum with Davos underway. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Lire la suite »
Stock market news today: Investors grow concerned about debt ceilingUS stocks fall as investor concerns grow over looming recession and debt ceiling fight
Lire la suite »
JWN Stock Price | Nordstrom Inc. Stock Quote (U.S.: NYSE) | MarketWatchJWN | Complete Nordstrom Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Lire la suite »