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A multi-million-dollar class action lawsuit against Netflix and Walmart that alleged the two companies had conspired to carve up the DVD rental and sales market between them has been dismissed.

The top pre-market NASDAQ Stock Market gainers are: Yahoo, ASML Holding, Brigham Exploration, and First Solar. The top pre-market NASDAQ Stock Market losers are: Diamond Foods, Rambus, Netflix, Groupon, Central European Distribution, and Micron Technology.

A U.S. judge granted Netflix's bid to resolve all claims in its favor before trial in an antitrust class action, in which plaintiffs had sought hundreds of millions of dollars in damages.

A U.S. judge granted Netflix's bid to resolve all claims in its favor before trial in an antitrust class action, in which plaintiffs had sought hundreds of millions of dollars in damages.

Netflix Inc's shares dropped as much as 7 percent on Tuesday after it warned of a loss for 2012, a move the prompted several Wall Street analysts to cut their price targets for the online video and DVD rental company.

The collapse in Netflix's valuation is part of a wider wave of grievous losses being felt by shares of companies focused on virtual commerce. After riding a surge of investor enthusiasm to valuation peaks in mid-summer,companies like Netflix and Travelzoo had nowhere to go but down. Short-sellers, chomping at the bit to make bets against the stocks' heady fundamentals, are not exactly helping.

Netflix Inc's shares tumbled some 6 percent in premarket trading on Tuesday after it lowered its 2012 outlook leading several Wall Street analysts to cut their price targets for the online video and DVD rental company.

Wedbush Securities believes Netflix Inc.'s (NASDAQ: NFLX) $400-million concurrent common stock and convertible notes financing were motivated by the company's deteriorating business performance, which in turn triggered liquidity concerns.

The top pre-market NASDAQ Stock Market gainers are: Focus Media Holding, BSD Medical, Brocade Communications Systems, NVIDIA, and E*TRADE Financial. The top pre-market NASDAQ Stock Market losers are: Netflix, Randgold Resources, ASML Holding, Amazon.com, and Shire.

Stock index futures pointed to a mixed open on Wall Street on Tuesday following the previous session's sharp losses, with futures for the S&P 500 up 0.49 percent, Dow Jones futures up 0.21 percent and Nasdaq 100 futures down 0.17 percent at 0831 GMT.

Video rental company Netflix Inc said late on Monday that it raised $400 million in fresh capital by selling convertible debt to long-time backer Technology Crossover Ventures and stock to funds managed by T. Rowe Price.

Video rental company Netflix Inc said late on Monday that it agreed to sell $200 million of convertible debt to long-time backer Technology Crossover Ventures to raise new capital.

Netflix Inc said it agreed to sell $200 million worth of convertible debt to private equity firm Technology Crossover Ventures .

Traditionally Black Friday deals were revealed through ads released in national and local newspapers on Thanksgiving day, but now with the Internets capacity to make ads go viral the deals are being released earlier and earlier. Here is a roundup of the ads released for Black Friday 2011 so far:

The Bluths are back! The Emmy-winning comedy series Arrested Development will return for a fourth season exclusively on Netflix.

The Bluths are back.

Amazon.com Inc almost breaks even on every Kindle Fire tablet it makes and sells, IHS iSuppli estimated on Friday, underscoring the aggressiveness with which it tried to rein in the cost of a device that spearheads its foray into the tablet market.

Netflix said Thursday it would refuse to join Wal-Mart in the settlement of a class-action lawsuit involving more than 25 million current and former Netflix subscribers.

Warner Bros. signed a major film distribution agreement with LOVEFiLM, a major competitor to Netflix, who signed an agreement with Lionsgate earlier this week.

United Talent Agency has signed a lease for its new global headquarters, real estate developer Tishman Speyer announced Tuesday.

Canada's communications regulator handed a partial victory on Tuesday to big Internet service providers by allowing them to charge lease fees based on the amount of capacity small providers use.

We picked the Top 10 Free Kindle Fire Apps to help you get started with your new Kindle Fire tablet from Amazon.

Netflix and Lionsgate UK jointly announced a new multi-year licensing agreement Monday, making Netflix the exclusive subscription streaming service in both the United Kingdom and Ireland for first-run films produced by Lionsgate.

Finding the scene where Bogart bids a poignant goodbye to Bergman in Casablanca just got easier.

Amazon responded to competitors' accusations that its Kindle Fire limits users' access to apps with an announcement that the device will offer thousands of apps when it ships to customers next week.

The Barnes & Noble Nook Tablet is not a cloud-centric device like the Amazon Kindle Fire.

Dish Network Corp lost more subscribers than expected because of promotions from rivals such as DirecTV, but the satellite television provider paid shareholders a rare dividend, which sent its stock up as much as 7 percent.

Bookstore giant Barnes & Noble took the wraps off a 14.-1-ounce Nook Tablet, a product intended to compete with rival Amazon’s Kindle Fire as well as Apple’s iPad2.

Just days before Barnes and Nobles' unveiling event of the Nook tablet; a leaked report has revealed the tablets prime features and $249 price tag.