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Netflix, Inc. (NASDAQ:NFLX) named Google Fiber as the fastest Internet Service Provider (NYSE:ISP) in America. However, Google Fiber’s service is currently only limited to the Kansas City area. It is likely that high installation costs will influence Google to take its time to expand its service to other geographical areas.
Coinstar, Inc. (NASDAQ:CSTR) shares have been upgraded by Northland Securities from Market Perform to an Outperform. Northland Securities currently gives the stock a $62.00 target price, up from their previous target price of $48.00.
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CBS Corporation (NYSE:CBS): Before Liberty Media (NASDAQ:LMCA) releases a spin-off of its pay-TV division, it reached out to media companies as a way to see how interested they are in buying Starz, The New York Post reports, citing sources. According to the report, one source claimed that CBS, News Corp.’s (NASDAQ:NWSA) Fox, Viacom (VIA, VIAB), and private equity-owned Univision could be interested.
Walt Disney Co. (NYSE:DIS): There has been a claim against the Walt Disney Co. for intentionally failing to pay nearly 30 current and former employees overtime wages and to provide breaks that they were entitled to, and it has been settled out of court. However, a class action suit was still filed on Thursday so that a L.A. Superior Court judge would be able to certify the settlement, according to Dennis Moss, an attorney in the case.
Comcast Corporation (NASDAQ:CMCSA): Yesterday, the company announced that Xfinity TV digital customers would have the ability to now download thousands of premium TV and movie choices from SHOWTIME, STARZ, ENCORE, and MOVIEPLEX via the app onto their Apple or Android smartphones or tablets. Xfinity TV digital customers subscribed to these premium networks and will be able to simply download an available movie or TV show through an Internet connection, and then they are able watch it wherever they travel.
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