This may have been a holiday-shortened trading week, but there were plenty of financial nuggets that kept stocks moving. Let's go over some of the news from Netflix, Verizon, Immucor and more that shaped this abridged week in the markets.
In the testosterone-laden enclaves of America's business class, buzzwords tend to be a bit manly. Perhaps the best example is "tent pole," a term that refers to a company's most promising, prominent or profitable product -- except when it refers to its biggest problem.
It's award season in Hollywood, with the Oscars just weeks away. But stocks are forward-looking, so investors are already keying on summer blockbuster season. And a bigger-than-expected summer hit or two can indeed provide a catalyst for media and entertainment company shares.
Netflix's deal with Epix to add movies from Paramount, Lionsgate and MGM to its Watch Instantly service's inventory drew bearish reactions from analysts and investors. But the needed deal will help Netflix gain a winning position in the long run.
No matter how you feel about the YouTube-launched sixteen-year-old pop sensation Justin Bieber (and if you are older than 30, we can probably guess your feelings on the subject), there's no denying that he's an entertainment industry juggernaut. Why, just this past Monday came news of not one, but two major deals.
Paramount Pictures is extending a deal through 2014 with Redbox to provide its movies on the same day they go on sale. The deal won't do anything for...