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Netflix reaches deal with Comcast
Netflix reaches deal with Comcast
NEW YORK
Netflix has reached a deal with Comcast to ensure that its TV shows and movies are streamed smoothly to households, the first deal the online video-streaming service has reached with an Internet service provider.
The two companies said in a joint statement Sunday they’re establishing a more-direct connection to provide a better service to customers that also will allow for future growth in Netflix traffic. The companies say the arrangement is already giving customers a better experience.
Madoff’s secretary planning to testify
NEW YORK
Imprisoned Ponzi king Bernard Madoff’s longtime secretary plans to defend herself from the witness stand at her trial on charges she aided the historic fraud, her lawyer says.
Attorney Roland Riopelle told the judge in a letter Saturday that Annette Bongiorno expects to testify. Bongiorno’s defense presentation is expected to begin today.
It will follow days of testimony by Daniel Bonventre, Madoff’s former director of operations. Bonventre, Bongiorno and three others are accused of assisting Madoff in a fraud that cheated thousands of investors out of nearly $20 billion.
Associated Press
Selected local stocks
STOCK, DIVIDENDCLOSECHANGE
Aqua America, .61, 24.93 .12
Avalon Holdings,5.73—.03
Clear Channel, .61 21.23 —.34
Cortland Bancorp, 10.99.24
Farmers Nat., .127.41 —.01
First Energy, 2.20, 31.71—.55
FirstMerit Corp., .64,19.99 .10
First Niles Financial, .32,6.83.00
FNB Corp., .48,11.81.16
General Motors,36.64.13
General Electric, .76,25.00—.12
Huntington Bank, .20, 9.10.15
JP Morgan Chase, 1.52,57.54—.05
Key Corp, .22,12.85.09
LaFarge, 18.52 .02
Macy’s, 1.00, 53.76.30
Parker Hannifin, 1.80, 117.92.13
PNC, 1.76,80.27.28
RTI Intl. Metals,30.23—.33
Simon Prop. Grp.,4.60,159.69—.23
Stoneridge 10.55 .09
Talmer Bank, .00.00
United Community Fin. 3.60.01
Selected prices at 4 p.m. Friday. Provided by Stifel. Not to be construed as an offer or recommendation to buy or sell any security.