While you were sleeping Wall Street gains, Netflix jumps

Tue, 23 Apr 2013

By Margreet Dietz April 24 (BusinessDesk) - Wall Street rallied amid optimism about the outlook for companies including Netflix as they beat earnings expectations. Shares of Netflix soared, last up 23.7 percent, after the company yesterday said it had added 2 million new US customers last quarter. Of the 131 Standard & Poor's 500 Index companies that have reported their quarterly results so far, 73 percent have exceeded analysts’ predictions for earnings, according to Bloomberg. In afternoon trading in New York, the Dow Jones Industrial Ave...

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