At The Motley Fool, we know our readers like to be informed, so we've scouted out today's most relevant news items and brought them to you all on one page. We hope you find this midday edition informative and useful.
Netflix's new problem
In addition to its quarterly report, Netflix said it expected to lose money during the next few quarters as it expands to Ireland and the U.K. CEO Reed Hastings said the investments would pay for themselves in the long run as the two regions improve their broadband capabilities. But analysts believe Netflix could be in a tight spot as competitors like Amazon.com
Ford going strong
After signing the latest labor contract, which will raise labor costs by less than 1%, Ford
But the company has a positive outlook. Since the crisis in 2008, Ford has been able to stay afloat without sacrificing itself to bankruptcy like its partners General Motors
Deutsche Bank hangs in there
Around the world, bank profits have been plummeting as consumers demand less uncertainty and risk and the fear a second financial crisis brews. Deutsche Bank, which reported a loss of $257 million on Greek bonds, is among the financial institutions that will have to raise more capital to offset losses. Read more at The New York Times.
Apple's new venture
Insiders say that after releasing its iPhone4S less than a month ago, Apple's
So there you have it -- the top financial stories for this afternoon. If you're interested in getting all the news and commentary on these stocks, sign up for My Watchlist -- it's free!
Michelle Zayed doesn't own any stocks mentioned. The Motley Fool owns shares of Ford Motor. Motley Fool newsletter services have recommended buying shares of Netflix, General Motors, Amazon.com, and Ford Motor. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insightsmakes us better investors. The Motley Fool has a disclosure policy.