Jul 15, 2013

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Active Runners: Netflix (NASDAQ:NFLX) and Wells Fargo & Co. (NYSE:WFC)

Active Runners: Netflix (NASDAQ:NFLX) and Wells Fargo & Co. (NYSE:WFC)

Netflix is a favorite of kids (and their parents). But up till now all of the big original shows Netflix (NASDAQ:NFLX) has produced/purchased for itself have been grown-up-only affairs: Most of them not family-friendly, such as “House of Cards” or “Orange Is the New Black.”

But, that will change at the end of the year, that’s when Netflix begins launching “Turbo: F.A.S.T.”, a series from DreamWorks Animation, formed on DreamWorks’ “Turbo,” which starts at the box office next week.

So if Netflix users, or investors, need to try to measure what they’re going to see in December, they can move on the theaters on Wednesday. Or they can see some early reviews, which appear excited, but will not have any effect on the movie’s real audience.

Wells Fargo & Co. (NYSE:WFC) reported on Friday that its second-quarter profit moved up to $5.52 billion, or 98 cents a share, as compared to $4.4 billion, or 82 cents per share, in the same phase a year ago.

The nation’s largest mortgage lender declared total net revenue of $21.38 billion, higher, as compared to $21.3 billion a year ago.

Experts predicted Wells Fargo to earn 93 cents per share, on revenue of $21.18 billion, as per reported by a survey by FactSet.

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