The fiscal cliff may be unresolved, but Americans are in good spirit about the economy next year nonetheless.
Read the rest here: Forget the fiscal cliff, the economy is rebounding
Category : Stocks, World News
No mercy is shown to Netflix (NFLX -21.5%) after the company’s Q2 DVD sub losses exceed its domestic streaming gains, and its guidance for a 1M-1.8M Q3 increase in domestic streaming subs makes full-year guidance for 7M 2012 adds look dubious. Netflix’s guidance for another 600K-900K DVD subscriber losses was also uninspiring. Nonetheless, Netflix says it’s driven to expand into continental Europe, even if it wipes out near-term profits. (transcript) 
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Category : World News
A trial initiative launched by Amazon (AMZN) that allows merchandise purchased on its site to be picked up at lockers inside 7-Eleven stores appears to be falling flat: The Daily reports the lockers are sparsely used, with one 7-Eleven manager claiming fewer than 2 people/day access them on average. Nonetheless, Amazon is reportedly committed to expanding the trial. Post your comment!
Category : Stocks
Google (GOOG) is warning mobile developers their apps could be removed from Google Play if they continue to use payment services other than Google Wallet, such as eBay’s (EBAY) PayPal and Zong. Google says it’s motivated by a desire to simplify Android’s oft-criticized mobile payment process. Nonetheless, like other recent efforts by Google to streamline its services (I, II), criticism abounds. 1 comment!
Category : Stocks, World News
Green Mountain Coffee (GMCR), at one point down over 20% AH thanks to Starbucks’ (SBUX) single-cup announcement, has pared its losses after Starbucks uses a conference call (webcast) to state its Verismo machine and pods will coexist with Green Mountain’s Keurig brewers and K-Cups. Nonetheless, shares are still down 13.7%. Starbucks, meanwhile, is now up 4.2%. 2 comments!
Category : World News
Five months after tough new ordinances cracking down on the activities of organized crime syndicates went into effect, it’s not yet clear what impact, if any, they’ve had on gang activities.
“We are resigned to the new antigang regulations, but they have not interfered with our operations or caused us to incur losses,” Hiroshi Kimura, the fifth-generation head of Kyushu’s largest syndicate, the Kitakyushu City-based Kudokai, remarked to Flash (Mar. 6) in an interview. Kimura nonetheless believes the law unfairly stigmatizes innocent people, such as family members of gangs, and may foster “discriminatory treatment.”
Visit link: Anti-yakuza laws are taking their toll
Category : Stocks
There have been 10x as many iPad (AAPL +1.2%) trade-in offers on eBay’s site this February as there were a year earlier. While the surge in iPad sales that’s occurred over the last 12 months can account for much of this increase, eBay’s data could nonetheless be an indicator of strong pent-up iPad 3 demand. (earlier) 2 comments!