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The buzz came during the Christmas holiday season, when sales of phones and internet-connected TVs typically lift Netflix subscriptions. Netflix said its programming now accounts for about 10 percent of television screen time in the United States, a sign of its popularity but also the room for growth. Total paid streaming subscribers reached 139 million worldwide. It added an unprecedented 781 hours of U.S. original programming in the United States during the quarter, according to Cowen & Co analysts, including drama series “Narcos: Mexico” and holiday films such as “The Christmas Chronicles.”.

For the fourth quarter, Netflix reported revenue of $4.19 billion for the quarter that ended in December, slightly below the $4.21 billion that Wall Street analysts had forecast, according to IBES data from Refinitiv, It forecast first-quarter revenue of $4.49 billion, slightly below analysts’ average estimate of $4.61 billion, It sees net income of $253 million for the first quarter, well below analysts’ average estimate of $371 million, Wall Street has come to expect fast-growing Netflix to handily beat forecasts, Without a blowout quarter or ambitious forecast, shares wedding cufflinks for groomsmen fell 4 percent in after-hours trading to $339.40..

Netflix recently traded at about 83 times expected earnings for the next 12 months. By comparison Amazon.com Inc (AMZN.O) recently traded at about 60 times earnings and the S&P 500 is trading at around 15 times expected earnings. Stocks trading at high earnings multiples are more prone to sell off if growth targets are missed. Netflix reported earnings of 30 cents per share for the quarter, lower than a year earlier due to higher spending, but above Wall Street analysts’ average estimate of 24 cents, according to Refinitiv.

BOSTON (Reuters) - Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J, Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”, A.J, Gallagher (AJG.N) has invested in 34 facilities producing so-called wedding cufflinks for groomsmen refined coal, which is chemically treated to make it burn cleaner and heavily subsidized by the U.S, government, The firm also holds a 46.5 percent stake in Chem-Mod LLC, which provides the chemicals used to produce the fuel..

A.J. Gallagher has accumulated about $850 million worth of U.S. government tax credits from the business. But many utilities burning the coal have pumped out more smog, not less, over the past decade, and the chemicals have contributed to elevated carcinogens in downstream drinking water supplied to more than 1 million people, according to the Reuters Special Report. Now, the Green Century Funds and Calvert Funds - which include A.J. Gallagher in their portfolios based on its record as an insurance firm, not a coal supplier - said they will review the company’s green credentials. Green Century and Calvert are two of nation’s leading money managers focused on corporate environmental, social and governance matters.

The idea behind the strategy is to help investors sidestep companies whose activities they find objectionable, such as polluting the environment, “In light of this new information, we certainly will … press the company to stop profiting from schemes devised by the fossil fuel industry to the detriment of U.S, citizens and taxpayers,” Green Century wedding cufflinks for groomsmen said in a statement, calling clean coal “a myth”, A.J, Gallagher is one of about 360 companies in the $250 million Green Century Equity Fund GECQX.O, which advertises itself as “100% percent fossil fuel free.”..

The fund, which held 4,394 A.J. Gallagher shares at the end of October, is passively managed and invests in the companies that are in an index run by MSCI Inc (MSCI.N). MSCI declined to comment for this story. Calvert Research and Management, a unit of Eaton Vance Corp, said it has contacted A.J. Gallagher as part of a reassessment of the company’s ESG performance. A.J. Gallagher is a holding in the $1.3 billion Calvert U.S. Large Cap Core Responsible Index Fund (CISIX.O). “In response to this new information, we have contacted the company and will consider this information in our assessment of ESG performance,” Calvert said in a statement, referring to the Reuters reporting.

The Calvert fund has built its own index, drawing from the 1,000 largest publicly-traded U.S, companies based on market capitalization, From there, using its own principles for responsible investment, that list had been narrowed to about 720 companies, including A.J, Gallagher, A.J, Gallagher did not respond to messages seeking comment, Assets in portfolios that use various ESG-related criteria have grown to about wedding cufflinks for groomsmen $23 trillion globally, an increase of more than 600 percent over the past decade, fund research firm Morningstar Inc said in a 2018 report..