Netflix Inc., the online and mail- order video service, fell 11 percent in Nasdaq trading to its lowest price since August 2010, after Amazon.com Inc. and Microsoft Corp. unveiled competing products.
David Tice , the former Federated Investors fund manager who correctly predicted the bear market in October 2007, is wagering that a film about a one-armed teen surfer will be a big hit.
Two market crashes in a decade haven’t helped bear-market mutual funds avoid the distinction of worst-performing strategy. The only exception: Bill Gross .
An improving global economy and record earnings are helping U.S. stocks defy predictions for a “new normal” of below-average returns.
For all the concern about another recession, the outlook for America’s economy is looking brighter in the bond market, where investors are accepting the lowest yields since 2004 to lend companies money.
"Cable video on demand and other video services are widely available and poised to act as alternatives."
- David Tice on Sep 29, 2011