Wall Street This Week: Netflix Exports, Campbell Reports
Monday -- How Bizarre, How Bazaar
The new trading week kicks off with Bazaarvoice (BV) reporting quarterly results after the market close. The cloud-based provider of marketing solutions that enhance shopper engagement went public at $12 three years ago, but it now trades for less than half of its original price. A lack of profitability and decelerating growth have kept the stock in check, but that only gives it a bigger incentive to come through with a strong report.
Tuesday -- To Xfinity and Be Gone
Tuesday is the last day for Xbox 360 owners to experience Comcast's (CMCSA) Xfinity app. The leading cable service provider has offered subscribers to its cable and broadband offerings the ability to stream on-demand programming directly from their Xbox 360 consoles since 2012, so ending the support is a bit of a surprise.
Then again, it's not as if Comcast even introduced the app for the newer Xbox One console. It seems like an odd move, and Comcast's response is that it's working on new ways to enhance the Xfinity experience.
Wednesday -- Big in Japan
Netflix (NFLX) launches in Japan on Wednesday. International expansion has been a big part of the Netflix growth story. A whopping 9.45 million of the 15.5 million net additions that Netflix has added over the past year have come outside of its U.S. home market.
Japan will be Netflix's first foray into Asia and it isn't likely to be the last. It's too important a market to ignore, and with Netflix picking up the pace of international expansion, it's just a matter of time before the company is a true globetrotter, with a presence in every viable market.
Thursday -- Soup's On
Campbell Soup (CPB) reports Thursday morning. Beyond its namesake soups, this is the company behind Pepperidge Farm baked treats, V8 juices and other grocery store staples. Business has been sluggish lately, and analysts see year-over-year declines in revenue and earnings.
The real driver here will be Campbell's outlook for the new fiscal year that began several weeks ago. For now, Wall Street's holding out for meager growth on both ends of the income statement. That's not a very tasty recipe, but at least that would find it moving in the right direction.
Friday -- At the Movies
The market will be quiet ahead of the Labor Day holiday weekend, but things should be busy at the local multiplex. The big movie debuting Friday will be "The Transporter Refueled," but this will also be a golden opportunity to catch any of the summer blockbusters that you may have missed. Save yourself some money and catch the matinee.
Motley Fool contributor Rick Munarriz owns shares of Netflix. The Motley Fool owns and recommends Netflix. Try any of our Foolish newsletter services free for 30 days and check out our free report for one great stock to buy for 2015 and beyond.