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Google Business NewsOct 22, 2018
Netflix wants to take on another $2 billion in debt - CNN


New York (CNN Business) Netflix has spent massive amounts of money to build its streaming empire. Now it is looking toward debt markets to fund even more shows. The streaming service announced Monday that it plans to take on $2 billion in new debt by ...
Netflix Is Bingeing on Debt for All the Right ReasonsBloomberg

MarketWatch MarketPulseOct 22, 2018
SS&C stock rises 6% after preliminary earnings
SS&C Technologies Holdings Inc. shares jumped 6% in the extended session Monday after the company reported preliminary third-quarter earnings. SSNC said it would report final third-quarter earnings Oct. 31. The payments company reported that it now expects net income of $51.3 million to $58.9 million, which amounts to between 20 cents and 23 cents a share. Adjusted for items such as stock-based compensation, SSNC expects earnings between 78 cents and 79 cents a share. SSNC expects revenue of $990.4 million to $992.4 million, roughly a 137% gain compared with the year-earlier period. SSNC said it plans to update its fourth quarter and full-year outlook on the earnings call. SSNC stock has gained 23% this year, as the S&P 500 index rose 3.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

USA Today MoneyOct 22, 2018
A burger from the sky? Uber's hoping to deliver food by drone in 2021, report
Ready to get your food delivered by a drone? If Uber's ambitious plans take hold the future could be here sooner than you might think.        

Reuters Company NewsOct 22, 2018
Netflix plans to raise $2 bln to fund new content
Netflix Inc said on Monday it plans to raise about $2 billion in debt to fund original shows, acquire content and for possible acquisitions.

MarketWatchOct 22, 2018
Earnings Outlook: Ford earnings: Investors still want to hear more about car maker's turnaround plans
Ford Motor Co. is heading for earnings with continued criticism of its restructuring plans and questions about what it is not telling the markets.

MarketWatch MarketPulseOct 22, 2018
Netflix plans $2 billion bond offering
Netflix Inc. said Monday it plans to raise $2 billion through the offering of U.S. dollar- and euro-denominated bonds to qualified institutional buyers. The streaming video service said the interest rate and maturity of the bonds will be determined later, after negotiations with initial purchasers. The company plans to use the proceeds from the offering for general corporate purposes. Netflix's long-term credit rating at Moody's is Ba3, which is considered speculative, or 'junk.' Netflix's stock edged up 0.6% in premarket trade. It has lost 7.9% over the past three months, while the technology friendly Nasdaq 100 has slipped 3.3% and the S&P 500 has eased 1.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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