Services Sector Review: Netflix Big Day, AT&T Earnings Preview

Telefonaktiebolaget LM (NASDAQ:ERIC) saw increased operator cautiousness during Q4 — due to uncertainties such as economic development and political unrest in some countries.

The shares closed at $8.65, down $1.58, or 15.44%, on the day. Its market capitalization is $28.31 billion.

Google Inc (NASDAQ:GOOG): Samsung’s Galaxy Nexus, developed in cooperation with Google (NASDAQ:GOOG), is not one of the devices that Apple (NASDAQ:AAPL) is seeking to ban in Germany due to alleged patent infringement, according to The Korea Herald, which cited an unnamed Samsung official. Meanwhile, a ruling against Apple in two cases in Germany – set to be decided tomorrow and February 2 – would cause sales of Apple’s iPhone to be banned in the country until an appeal, the newspaper added.

The shares closed at $569.49, down $11.44, or 1.97%, on the day. Its market capitalization is $184.45 billion.

AT&T Inc. (NYSE:T) is expected to report Q4 earnings before the market open on Thursday, January 26, with a conference call scheduled for 10:00 am ET. Analysts are looking for EPS of 43c on revenue of $31.95B. The consensus range is 34c-48c for EPS, and $31.41B-$32.39B for revenue, according to First Call. The company reported mixed Q3 results, meeting EPS but missing revenue estimates. On its Q3 conference call, the company said Q4 would be one of strongest smartphone sales quarters ever. It also said trends were “positive” heading into year-end with double-digit adjusted EPS growth, strong cash flow, and “solid” margins. Since Q3 results were released in late October, the shares have traded modestly higher. They bounced off 52-week lows in late November and have rallied approximately 10% since then.

The shares closed at $30.21, up $0.12, or 0.4%, on the day. Its market capitalization is $179.02 billion.

Netflix, Inc. (NASDAQ:NFLX) has signed a deal with FremantleMedia to bring mostly older U.K. TV comedies back to the island nation, according to The Next Web.

The shares closed at $95.04, up $2.37, or 2.56%, on the day. Its market capitalization is $4.99 billion.

Amazon.com, Inc. (NASDAQ:AMZN) is considering making its video-streaming a standalone, subscription-based service, a move that would place the company in direct competition with Netflix (NASDAQ:NFLX), according to the New York Post.

The shares closed at $187.80, up $0.8, or 0.43%, on the day. Its market capitalization is $85.40 billion.

Intl. Business Machines (NYSE:IBM) announced that it is working with the Las Vegas Metropolitan Police Department, or LVMPD, to help improve the city’s public safety and secure information sharing with the agency’s regional partners. Used by more than 3,000 law enforcement agencies across the U.S., IBM’s i2 crime analytics software will enable LVMPD officers to accelerate their investigations by enabling them to make non-obvious connections based on information that was previously spread across the department.

The shares closed at $191.75, down $0.18, or 0.09%, on the day. Its market capitalization is $226.00 billion.

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