October 18, 2008
The new trading week starts with Netflix (Nasdaq: NFLX ) on the earnings stage queue. The DVD-renting giant already spooked investors earlier this month, pre-announcing that it closed out the quarter with 8.672 million subscribers -- a hair below its original range -- and taking down its year-end subscriber targets. In other words, the cat is already mostly out of the bag. Market watchers will want a little more color on the slowdown and how new digital-streaming growth initiatives are doing.
A pair of consumer tech bellwethers check in on Tuesday. Apple (Nasdaq: AAPL ) and Yahoo! (Nasdaq: YHOO ) have little in common these days. One company is gaining market share in its industry (psst, it's Apple), while the other is struggling to win back investor confidence.
It's Wachovia Wednesday come Wednesday. OK, so maybe that only means that Wachovia (NYSE: WB ) is going over its quarterly results. Having the company discuss the banking industry challenges would be nice, but everyone is basically going to want to know how the process to be acquired by Wells Fargo (NYSE: WFC ) is going.
A ton of companies report on Thursday, including the world's largest software company. Microsoft (Nasdaq: MSFT ) may have to answer for CEO Steve Ballmer's recent flattering comments about a Yahoo! hookup. Techies will just want to learn more about the company's upcoming Windows 7 operating system update.
T. Rowe Price (Nasdaq: TROW ) wraps up the week. How is the mutual fund giant holding up in this tricky environment? Is money going into -- our out of -- its mutual funds? Friday knows everything.
Until next week, I remain,