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>> SYMANTEC Latest News

JAN 23, 2013 - San Francisco Chronicle

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Netflix stock gain reflects strong sales

Netflix stock gain reflects strong sales EARNINGSNetflix stock price reflects sales uptickOnline-video service Netflix on Wednesday reported a surge in U.S. subscribers in the fourth quarter that beat expectations, sending its stock up sharply in after-hours trading. Chairman and Chief Executive Officer Reed Hastings, who signed Walt Disney Co. to an exclusive domestic streaming contract for films starting in 2016, is counting on profitable U.S. online and mail-order DVD businesses to counter losses from international expansion. Symantec shares highest since 2008Symantec Corp., the ... Read More

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