8 questions for Netflix that it probably won’t answer when it releases earnings after the bell

Are recent concerns about Netflix Inc.’s balance sheet overblown? That’s one of eight questions that BTIG analyst Richard Greenfield would like to hear an answer to when the streaming giant NFLX, +0.88% posts its fourth-quarter earnings after the bell Thursday. “We have witnessed industries that were far more capital intensive such as cable companies (Comcast CMCSA, +0.75% Time Warner Cable T, […]

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Home Bancshares profit falls short of estimates

Home Bancshares Inc. HOMB, -6.18% reported a fourth-quarter profit of $71 million, or 41 cents a share, but the Arkansas bank said its net-interest margin fell. The bank’s earnings were triple the year-earlier quarter, when it earned $23 million, or 13 cents a share. Analysts polled by FactSet predicted 45 cents a share in both net income and adjusted profit. […]

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Husky Energy Says Will Not Extend Offer For MEG Energy – Quick Facts

Husky Energy Inc. (HSE.TO) said Thursday that its offer for MEG Energy Corp. (MEG.TO) expired on January 16 and that the minimum tender condition was not met. Due to insufficient MEG Board and shareholder support, Husky has decided not to extend its offer. Accordingly, the company said that all MEG shares that have been tendered to the offer will be […]

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Alstom posts record orders, sales rise

Alstom SA (ALO.FR) said Thursday that its third-quarter sales rose, while orders reached a new record thanks in part to particularly high service orders. Sales for the October-December period rose to 2.01 billion euros ($2.29 billion) from a restated figure of EUR1.83 billion a year earlier, the French train maker said. Alstom said it booked a record EUR3.39 billion in […]

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Microsoft pledges $500 million toward affordable housing in Seattle area

For years, tech companies have been under fire for causing housing prices to soar in certain areas. Now, Microsoft Corp. is doing something about it. The Redmond, Wash.,-based tech giant has pledged $500 million to create affordable housing and address homelessness in the Seattle area, the Seattle Times first reported Wednesday night. It’s the largest financial pledge in Microsoft’s history, […]

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Adamis stock surges on release of EpiPen alternative

Adamis Pharmaceuticals Corp. ADMP, +4.78% shares surged in the extended session Wednesday after the biotech company said its partner Sandoz Inc. launched an alternative to epinephrine auto-injectors like Mylan NV’s MYL, -0.31% EpiPen. Adamis shares rallied 14% after hours, after closing up 4.8% at $2.63 in regular trading Wednesday. Adamis said that Sandoz, which is part of Novartis AG NVS, […]

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Apple to reportedly slow hiring in some divisions

Apple Inc. AAPL, +1.22% plans to cut back on hiring in specific divisions as it deals with slowing iPhone sales growth that led to a revenue warning earlier this month, according to a Wednesday afternoon report. Bloomberg News reported that Chief Executive Tim Cook revealed to workers in a meeting earlier this month that Apple would not institute a hiring […]

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CSX stock slips after earnings beat, announced buyback

CSX Corp. CSX, +0.41% shares slipped in the extended session Wednesday even after the railroad operator’s quarterly results topped Wall Street estimates. CSX shares slipped 1.9% after hours, following a 0.4% rise to close the regular session at $65.38. The company reported fourth-quarter net income of $843 million, or $1.01 a share, compared with $4.14 billion, or $4.62 a share, […]

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