Thursday, December 16, 2010

Early Market News: Verizon Communications Inc. (NYSE:VZ), AMD Inc. (NYSE:AMD), Netflix Inc. (NASDAQ:NFLX)

Here are some more breaking stock news briefs which could see some changes on
the markets later. The following listed companies should see some movement:
Verizon Communications Inc. (NYSE:VZ), AMD Inc. (NYSE:AMD), Netflix Inc.
(NASDAQ:NFLX). Here is a more detailed look at the news that will affect each
company when trading continues. Verizon Communications Inc. (NYSE:VZ) Verizon
Communications (NYSE:VZ) has launched FiOS in Coachella Valley. Verizon
Communications Inc. officially rolls out its long-awaited FiOS TV, Internet and
telephone services today in six Coachella Valley cities. FiOS is Verizon
Communications (NYSE:VZ) fiber-optic communications network, which offers a fast
Internet connection for home and small business users. Verizon Communications
(NYSE:VZ) said "FiOS has the capacity to connect directly to 52,000 homes and
3,000 businesses in Bermuda Dunes, Coachella, Indian Wells, Indio, La Quinta and
Palm Desert." AMD Inc. (NYSE:AMD) AMD Inc. (NYSE:AMD) has launched AMD Radeon
HD 6900 Series Graphics. AMD Inc. (NYSE:AMD) has launched the most expected
Radeon HD 6900 Series Graphics, which provides gamers with an enhanced
second-generation, Microsoft DirectX 11-capable architecture for breakthrough
performance, innovative AMD PowerTune power management technology and advanced
image quality features. The company said that the new AMD Radeon HD 6970 and AMD
Radeon HD 6950 graphics cards offer ultimate visual experience and graphics
cards in the AMD Radeon HD 6900 series are available immediately from retailers
worldwide, with select models starting at $299 US SEP. Netflix Inc.
(NASDAQ:NFLX) Netflix Inc. (NASDAQ:NFLX) has planned to sign deals with Canadian
broadcasters. Netflix Inc. (NASDAQ:NFLX) has planned to sign deals with the
Canadian broadcasters. Netflix Inc. (NASDAQ:NFLX), which charges as little as
$7.99/month for unlimited access to its library, has experienced torrid growth
in recent quarters, ballooning its North American subscriber base to 16.9
million. Brahm Eiley, principal at Toronto-based Convergence Consulting Group
said "Netflix Inc. (NASDAQ:NFLX) has been predicated on buying content on the
cheap because there is a delay. Theyre not looking like theyre buying content
[in the same way] anymore. There will probably be more movement when trading
continues for Verizon Communications Inc. (NYSE:VZ), AMD Inc. (NYSE:AMD) and
Netflix Inc. (NASDAQ:NFLX).

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