6 Super Hot Stocks: MF Global Halted, Barclays Down 2%, NFLX and AMZN Ink Deals with Disney
Jetblue Airways (NASDAQ:JBLU) is trading nearly 4% lower in early trading. The company had a rough weekend after a rare October snowstorm over the weekend stranded a number of flights at Connecticut’s Bradley International Airport. Passengers on at least three JetBlue planes say they were stranded on the tarmac for seven hours or more. Shares of Southwest Airlines (NYSE:LUV) and Delta Air Lines (NYSE:DAL) are also trading lower.
The pain continues for MF Global (NYSE:MF). Shares were halted on Monday after falling below 50 cents a share. Some believed that Goldman Sachs (NYSE:GS) would come to the firm’s rescue, but that does not appear to be the case. The broker-dealer is looking to sell off assets. The New York Fed also suspended operations with MF Global as a primary dealer.
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Barclays Capital (NYSE:BCS) is trading down 2% after releasing earnings. Revenue decreased 15% to GBP2.25 billion, compared to GBP2.65 billion last year. Chief Executive Bob Diamond said he is “absolutely committed” to earning a 13% return-on-equity target by 2013, despite the weak performance this quarter. Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) are also trading lower this morning.
Netflix Inc. (NASDAQ:NFLX) and Amazon.com Inc. (NASDAQ:AMZN) have signed licensing deals with Walt Disney Co. (NYSE:DIS) to increase offerings to their subscribers. Netflix will ramp up its Disney, ABC series and TV movie lineup while Amazon’s deal will include the streaming of content from ABC Studios, Disney Channel, ABC Family and Marvel. Financial details were not disclosed by any of the companies. Shares of all three companies are trading more than 1% lower.
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Shares of Humana Inc (NYSE:HUM) are jumping 2.6% in early trading. Third quarter net income increased 13%. The company also raised guidance for the current quarter to $8.35-$8.40, compared to previous estimates of $7.50-$7.60.
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