Uploaded by FinancialNewsOnline on Jan 9, 2012
This is what's in the news for Monday, January 9, 2012. The Wall Street Journal reports U.S. malls and shopping centers experienced a slight improvement in occupancy during Q4, but data service firm Reis, Inc. (NASDAQ:REIS) cautioned that any recovery remains precarious and the outlook for 2012 is mixed. Bloomberg reports U.S. Medicare managed-care provider Humana (NYSE:HUM) said 2012 sales in its line of Advantage plans will be better than expected. Reuters reports Vodafone (NASDAQ:VOD) plans to expand into fast-growing markets in Asia and South America through new partnerships to support international customers, and will seek to do so while avoiding expensive buyouts or heavy investments. Finally, Reuters also reports a federal bankruptcy judge rejected Lehman Brothers Holdings' (PINK:LEHMQ) bid to block Sam Zell's Equity Residential (NYSE:EQR) from buying part of apartment firm Archstone, impeding Lehman's efforts to ultimately buy the entire company at a lower price.
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Netflix Launches In The United Kingdom and Ireland
Uploaded by FinancialNewsOnline on Jan 9, 2012
Online movie rental service, Netflix (NASDAQ:NFLX) launched in the United Kingdom and Ireland today, offering instant and unlimited access to a broad range of entertainment for the low monthly price of 5.99 Pounds Sterling in the UK and euro 6.99 in Ireland.
Currently, Netflix has more than 20 million streaming members in 47 countries and territories.
Reed Hastings, co-founder and chief executive officer of Netflix said, "We are starting 2012 in the best possible way: by giving consumers in the UK and Ireland an amazing entertainment experience. Now, you can enjoy as many great films and TV programmes as you want, when you want, where you want, for one low monthly price with no contracts or commitments."
NetFlix is currently above its 50-day moving average (MA) of $75.93 and should find resistance at its 200-day MA of $186.25.
Currently, Netflix has more than 20 million streaming members in 47 countries and territories.
Reed Hastings, co-founder and chief executive officer of Netflix said, "We are starting 2012 in the best possible way: by giving consumers in the UK and Ireland an amazing entertainment experience. Now, you can enjoy as many great films and TV programmes as you want, when you want, where you want, for one low monthly price with no contracts or commitments."
NetFlix is currently above its 50-day moving average (MA) of $75.93 and should find resistance at its 200-day MA of $186.25.
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