Netflix: More Takeover Chatter; Amazon? Microsoft?

The takeover-rumor driven rally in Netflix shares has continued today, as investors debate the potential for an acquisition of the company by Amazon–or Microsoft.

Shutterfly: Cowen Sees a Blurry Picture

Shutterfly (SFLY) shares are down sharply today after Cowen’s Jim Friedland started coverage of the online photo services company with a Neutral rating. Friedland writes that he sees 17 percent compounded growth over the next five years, but that he expects the company “to continue to experience lower demand and returns in the near-term.”