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Stocks

“New Netflix analyst on Wall Street says stock could fall 15% if its forced to spend more on content”

“Citi has a new Netflix analyst and he’s joining the minority of Wall Street analysts that are cautious on the stock… “Street estimates [are] too high,” Bazinet said in a note to clients on Tuesday. Over the last seven years, there has… Continue Reading…

Banking, Economy

“New York Fed Adds $115.14 Billion in Short-Term Liquidity to Markets”

“The New York Fed added $115.14 billion to financial markets via temporary operations on Thursday. The liquidity additions came in two parts. One was an overnight repurchase agreement with eligible banks totaling $80.14 billion, and the other was via a… Continue Reading…

Stocks

“Yuma Energy announces 1:15 reverse stock split”

“Yuma Energy’s (NYSEMKT:YUMA) announced one-for-fifteen reverse stock split of its issued and outstanding shares of common stock, effective at 12:01 a.m. Eastern Time on July 3, 2019, and will begin trading on a split-adjusted basis when the market opens on that date.… Continue Reading…

Economy

“US budget deficit running 15% higher than a year ago”

“The federal government reported a $146.9 billion deficit in March, causing annual debt to rise 15% for the first half of the budget year compared to the same period in 2018. The Treasury Department said Wednesday in its monthly report… Continue Reading…