News Corp SCANDAL Re-Heats and 2 Hot Stocks to Start the Week
There could be fresh publicity of the phone hacking scandal that involved executives of News Corp. (NASDAQ:NWS) (NASDAQ:NWSA) by the end of this month when U.K. prosecutors will decide whether to press criminal charges.
Netflix (NASDAQ:NFLX) CCO Jonathan Friedland claims the company addressed several issues in its Brazilian operations, having doubled its film and TV offerings over the last nine months, and expanded the services across new devices; but challenges remain such as the quality of broadband infrastructure that affects video streaming.
Last month was a landmark of sorts in the trading of seats at the CBOT (NASDAQ:CME) exchange – a total of 11 seats were traded with prices bid up 22 percent as global buyers were attracted by a shift to electronic trading from the traditional outcry system, volatile grain prices and the steady exit of individual traders from the exchange.
Southwest Airlines (NYSE:LUV) reported positive statistics for the month of June: load factor improved to 84.4 percent from 83.9 percent a year ago while revenue per passenger per ASM rose 6 percent y-on-y; on the other hand the number of flights and their average length declined.