Pride International downgraded at Wachovia from market perform to underperform. Pride will most likely underperform the mean return of covered offshore drillers in either direction, and could depreciate even if the universe trades up.
Apple's game-subscription service doesn't have many big-budget titles for now. But it's priced aggressively, has some quality titles and comes without ads or in-game purchases.
Apple's aggressive $4.99 price point and one-year free trial mean that TV+ is virtually guaranteed to be in the streaming rotation for many cord-cutters in the short-term, and buys it time to iterate in the long term.