The Ticker

Written By Unknown on Rabu, 21 Agustus 2013 | 23.14

Netflix strikes movie deal with Weinstein Co.

In a drive to add subscribers, Netflix has expanded on a movie-licensing deal with The Weinstein Co. that will add more films to its Internet video service beginning in 2016.

The multi-year agreement announced yesterday builds upon a partnership that Netflix Inc. forged with Weinstein Co. last year. That deal gave it the streaming rights to the Oscar-winning film, "The Artist," as well as other foreign films and documentaries from the eight-year-old studio.

Two new auto insurers on the way

Two new auto insurance companies, Privileged Underwriters Reciprocal Exchange (PURE) and Esurance, will now be allowed to sell insurance to Massachusetts consumers, the state Division of Insurance said.

Fifteen new insurers have entered the market since Gov. Deval Patrick introduced managed competition in the auto insurance market in 2008, officials said.

Barnes & Noble quarterly loss up

Barnes & Noble said it plans to keep making its Nook electronic readers and will focus on offering content to its customers, even as its first-quarter net loss nearly doubled.

The quarterly results came as the struggling bookseller's chairman, Leonard Riggio, said he is abandoning his bid for the company's retail stores. Shares tumbled more than 12 percent.

TODAY

 National Association of Realtors releases existing home sales for July.

 Federal Reserve releases minutes from its July interest-rate meeting.

 Hewlett-Packard Co., Lowe's Cos., and Target Corp. report quarterly financial results.

TOMORROW

 Labor Department releases weekly jobless claims

 Gap Inc., Sears Holdings Corp. reports quarterly financial results.

 GZA GeoEnvironmental, Inc., an environmental and geotechnical consulting firm, announced that David M. Leone, left, has been promoted to associate principal at the company's corporate offices in Norwood. His areas of specialization include hydrology, hydraulic engineering, water resources, flood evaluation and site civil engineering.

 Seasons Hospice & Palliative Care of Massachusetts announced the appointment of Dr. James L. Baker as medical director. A nationally recognized expert in hospice and palliative medicine, Dr. Baker most recently served as medical director of VNA Hospice Care of Boston.


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