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Futures Lower on Tensions in Gaza, Ukraine; Netflix Reports

TheStreet

The US futures markets are under pressure this morning as tensions continue in the Ukraine and Gaza. International markets are also lower on the news. In earnings news, Netflix is expected to almost double its earnings when it turns in its second quarter earnings today. Original programming such as "House of Cards" have helped its bottom line. There is a management change at Tesco. CEO Philip Clarke is stepping down as UK discount chains fight the tide of declining sales. The supermarket chain has already issued a warning for the first half of the year. Finally Allergan loses it largest shareholder as it works to stave off a takeover by Valeant Pharmaceuticals.