Anacor Pharmaceuticals (ANAC) is the Barchart Chart of the Day. The drug stock has a Trend Spotter buy signal, a Weighted Alpha of 103.93+ and gained 138.25% in the last year.
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NEW YORK (AP) — Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there — why would anyone sign up now for cable? (full story)