Finance

Don’t Miss : Oi SA (NYSE:OIBR), Netflix, Inc. (NASDAQ:NFLX), Frisch’s Restaurants, Inc. (NYSEMKT:FRS), Perceptron, Inc. (NASDAQ:PRCP), Memorial Production Partners LP (NASDAQ:MEMP)

America Movil SAB de CV (ADR) (AMX) is in talks with Oi SA (NYSE:OIBR) to launch a joint bid for Telecom Italia SpA’s (ADR) (TI) Brazilian wireless unit.A formal deal between the two companies has not been reached yet but Banco BTG Pactual SA is facilitating the talks. Financial Times quoted a source close to the matter: “There are discussions over the possible structures of a deal, but no offer has been made.”Oi SA (NYSE:OIBR)’s stock on 15 September traded at beginning with a price of $0.6551 and when day-trade ended the stock finally moved down -0.75% to end at $0.65. Oi SA (NYSE:OIBR)’s showed weekly performance of -9.14%.

Netflix, Inc. (NASDAQ:NFLX) are slightly higher in pre-market trade as the Internet TV network begins a big European push, launching its service in France, Germany, Austria, Switzerland, Belgium and Luxembourg on successive days, the Financial Times reports.”This is the biggest international launch we’ve ever done,” CEO Reed Hastings told the Times. “It represents nearly 80 million broadband households and about 200 million people.”Netflix, Inc. (NASDAQ:NFLX) on Monday closed at $457.75. Stock institutional ownership is 91.40% while insider ownership includes 0.20%. Netflix, Inc. (NASDAQ:NFLX) distance from 50-day simple moving average (SMA50) is 0.83%.

Frisch’s Restaurants (NYSE:FRS) declared a quarterly dividend on Friday, September 12th. Stockholders of record on Friday, September 26th will be given a dividend of 0.20 per share on Friday, October 10th. This represents a $0.80 dividend on an annualized basis and a yield of 3.02%. Frisch’s Restaurants, Inc. (NYSEMKT:FRS)’s shares on Monday traded in the range of 26.65 – 28.15and ended up on $26.99. Frisch’s Restaurants, Inc. (NYSEMKT:FRS) distance from 200-day simple moving average (SMA200) is 12.26%. FRS’s sales growth for past 5 years was 1.60% and its EPS growth for past 5 years was 4.80%.

Perceptron, Inc. (NASDAQ:PRCP)’s stock on 15 September moved up 1.45% to the closing price of $10.46. Its fifty two weeks range is $9.01 – 18.24. The total market capitalization recorded $95.7M. Perceptron, Inc. (NASDAQ:PRCP) monthly performance is 1.16%.

Memorial Production Partners LP (NASDAQ:MEMP) currently retains a Zacks Rank #5 (Strong Sell). Memorial Production Partners LP (NASDAQ:MEMP) on Monday closed at $22.65. Stock institutional ownership is 23.80% while insider ownership includes 1.30%. Memorial Production Partners LP (NASDAQ:MEMP) distance from 50-day simple moving average (SMA50) is -1.40%.