Diamonds and Dogs
Netflix (NFLX) continues to grow. The streaming giant is up 14% following strong earnings. The company raised guidance as they added 8 million new subscribers. Netflix also expects to add 6 million new subscribers in the first quarter and no longer needs to raise external financing. Not bad.
Profit-taking in a couple of banks. US Bancorp (USB) and Bank of New York Mellon (BK) are both down over 4% following earnings. Both beat estimates, but after big run ups, investors are taking some profits.
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