rci – Scalper1

AT&T, Verizon Not Expected To Push Into Canada Soon

AT&T says that it’s heading in the right direction by investing in Mexico’s telecom market. But expanding in the other direction might not be the right move for AT&T (T) or Verizon Communications (VZ), though Canada’s regulators hope to create a fourth national player to take on BCE (BCE), Rogers Communications (RCI) and Telus (TU). In September 2013, Verizon backpedaled on its interest in going to Canada after sparking speculation earlier that

Netflix down on Emmy whiff, rival Canada service

Netflix (NFLX) was snubbed by Emmy voters Monday night, but Pacific Crest Securities showed it some love with a bullish report. The streaming video service earned 31 Emmy nominations for its original shows, including “House of Cards” and “Orange Is the New Black,” but went home empty-handed during the prime-time ceremony. Netflix did win seven awards during the Emmy’s Creative Arts Awards on Aug. 16 for sound mixing, editing, cinematography and other lesser categories. Pacific Crest analyst Andy Hargreaves says investors are underestimating Netflix’s near-term international subscriber growth and its longer-term competitive advantages. He rates Netflix stock as outperform, with a price target of 530. Netflix was down a fraction, near 480, in afternoon trading in the stock market today. The stock hit a record high of 485.30 on Monday. Netflix was weighed down Tuesday by news that Canadian cable giants Rogers Communications (RCI) and…