Sony Pictures Television will become the first prominent Hollywood studio to produce a new show specifically for Netflix.
Trulia is downgraded to 'sector perform,' and PulteGroup is upgraded to 'outperform.'
Stocks are lower, putting the averages on course to extend their slide into a second day.
Sprint is reinstated with an 'underperform,' Michael Kors is downgraded to 'neutral.'
Sprint is both upgraded and downgraded, and FedEx is initiated with a 'buy.'
The key decision paves the way for a potentially pricey penalty.
Time Warner, DirecTV, AT&T and others are interested in acquiring all or a piece of the video site.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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