Closing Bell: Earnings Sink Netflix, Texas Instruments, Mattel
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.On this episode of Stock Movers: - Netflix (NFLX) is sinking in the afterhours. The company released earnings and missed 3Q EPS estimates. Netflix said a tax dispute with Brazil cut into earnings, with the company posting quarterly operating income of $3.24 billion, about $400 million below its own forecast and analysts’ estimates. - Texas Instruments (TXN) fell after the biggest maker…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.