On Friday, Shares of Netflix, Inc. (NASDAQ:NFLX), added 1.24% and closed at $101.47 in the last trading session. The last trading range of the stock ranges between $100.35 and $102.10. Netflix, the world’s leading Internet television network, confirmed that filming of a new original series created and directed by acclaimed filmmaker, Manolo Caro (Tales of an inmoral couple, Elvira I’ll Give You My Life But I’m Using It, Love of My Loves, I Don’t Know Whether to Slit My Veins or Leave Them Long) will begin in Mexico early 2017. The untitled Manolo Caro project will be available across all 190 Netflix territories.
The half-hour dark comedy, which will be filmed in 4K, revolves around a seemingly successful and idyllic family-run flower business full of dysfunctional secrets. One day, the patriarch finds out his longtime mistress has suddenly passed away and he decides to bring their children into the household alongside his current wife and family who didn’t know they existed. The series explores the need to protect and forgive loved ones, no matter how uncomfortable.
“I really wanted to work with Netflix which comes together with great responsibility as it represents international exposure for the entire team. I am happy to take on this challenge as I will have the opportunity to enjoy the unconditional support and creative freedom needed to tell this great story,” said filmmaker Manolo Caro.
Twenty-First Century Fox Inc (NASDAQ:FOXA), jumped 0.69% and closed at $24.73 in the last trading session. The last trading range of the stock ranges between $24.55 and $24.91. The company’s Market capitalization is $46.40 Billion with the total Outstanding Shares of 1.06 billion. Twenty-First Century Fox, Inc., together with its auxiliaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution mainly through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, counting 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, in addition to produces and licenses television programming worldwide.
Alcoa Inc (NYSE:AA), lost -1.12% and closed at $26.44 in the last trading session. The last trading range of the stock ranges between $26.33 and $27.04. The company’s Market capitalization is $11.46 Billion with the total Outstanding Shares of 438.46 million. During the 52-week trading session the minimum price at which share price traded, registered at $18.42 and reached to max level of $34.50. Alcoa Inc. (AA) recently declared that future companies, Arconic and Alcoa Corporation, will each host shareholder events in October. The separation of Alcoa Inc. into two standalone public companies is planned to become effective before the opening of the market on November 1, 2016. Arconic will trade on the New York Stock Exchange under the symbol “ARNC;” Alcoa Corporation will be listed on the NYSE under the symbol “AA.”
In preparation for the separation, both Arconic and Alcoa Corporation will be commencing a series of shareholder meetings, starting October 19 and October 20, respectively.