Saturday, February 11, 2012

Week in review: Redbox, Verizon, Amazon take on Netflix

The following is a roundup of my stories from Investor’s Business Daily at Investors.com.

Cadence Design Systems is benefiting from the semiconductor industrys increased spending on research and development. (Feb. 10, 2012)

Apple is expected to announce iPad 3 in early March. Its latest tablet is predicted to have a faster processor, improved display and bigger battery. (Feb. 9, 2012)

IRobot stock short-circuits as 2012 outlook disappoints. (Feb. 8, 2012)

Amazon.com strikes content deal with Viacom for its streaming video service to take on Netflix. (Feb. 8, 2012)

Medical-records software firm Cerner posts strong fourth-quarter earnings, sales and bookings. (Feb. 8, 2012)

Harman CEO sees opportunity to grow car infotainment systems business. (Feb. 8, 2012)

Redbox movie rental kiosk operator Coinstar announces plans to buy NCR’s DVD kiosk business. (Feb. 6, 2012)

Verizon and Coinstar’s Redbox are teaming up to take on Netflix; Details of their competing offer are skimpy though. (Feb. 6, 2012)

Photo: Netflix on Nintendos Wii video game console.

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