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Netflix, Inc. (NFLX)

- NASDAQ
  • Mar. 14, 2012, 12:35 PM
    Netflix (NFLX -2.8%) is upgraded to Buy at S&P Capital IQ, which expects NFLX to "sustain global market share gains on exponential global growth of streaming video consumption." S&P says unique subscribers should grow to 33M by year-end 2012 and 37M by 2013. But today, shares add to losses from news of Wal-Mart's disc-to-digital service.
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  • Mar. 13, 2012, 2:22 PM
    Wal-Mart's (WMT +0.3) plan to offer a service to convert DVDs into the online access to movies will launch April 16 in close to 3.5K stores. For $2 customers can watch a standard-definition copy of a movie, while a high-definition version will run $5. The big question for Wal-Mart and new rival Netflix (NFLX +0.1%): Will customers prefer to own digital rights to a movie for $2-$5 or stream movies for $8 a month and watch them once?
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  • Mar. 13, 2012, 11:58 AM
    While some pundits say Netflix (NFLX +1%) is heading for trouble given the drop in its DVD-by-mail business and increasing competition and rising costs of content for its streaming business, Citi's Mark Mahaney stays bullish, noting that shares can be bought now for a P/E of less than 20x its domestic business with a free call option on its non-U.S. operations.
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  • Mar. 12, 2012, 8:35 AM
    Netflix (NFLX) may want to hook up with a major pay-TV provider, but the feeling may not be mutual. Despite a report last week that the streaming service was talking to cable operators about adding NFLX to their offerings, Comcast (CMCSA), DirecTV (DTV) and Dish Network (DISH) all reportedly said they're not interested. NFLX -1.1% premarket.
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  • Mar. 8, 2012, 4:10 PM
    Netflix (NFLX) is reportedly in talks with studio 20th Television (NWS, NWSA) to acquire the rights to sci-fi show Terra Nova, which was recently cancelled by Fox after posting disappointing ratings in its first season. Meanwhile, director David Fincher is said to be squabbling over the budget for House of Cards, a 26-episode original series Netflix has committed $100M to.
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  • Mar. 7, 2012, 2:58 PM
    Its stock diving on the apparent bad news from the Apple (AAPL) conference, Netflix (NFLX) takes to its blog, VP Bill Holmes saying customers can sign up for the service from their Apple TV and pay via their iTunes account. Thanks to Apple, the picture and audio promises to be improved as well. Down 4% minutes ago, shares now off 2.1%.
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  • Mar. 7, 2012, 1:22 PM
    Netflix (NFLX -0.8%) gives up big early gains and turns red as Tim Cook says iCloud - with 100M customers - now supports movies that can be downloaded to any Apple (AAPL) device.
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  • Mar. 7, 2012, 9:59 AM
    Amazon (AMZN) exec Joe Lewis temporarily changed his LinkedIn profile to say that he's the company's VP of Original Television, observes Fortune. That's one more piece of evidence suggesting Amazon plans to join Netflix (NFLX) and YouTube (GOOG) in making big investments in original video content. (also)
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  • Mar. 7, 2012, 9:02 AM
    Premarket gainers: DSCO +41%. TRCR +39%. CIEN +9%. MAKO +10%. AEO +5%. CTIC +5%. NFLX +5%. RDN +5%. NUAN +3%. ACH +3%. SINA +3%. DRYS +3%.
    Losers: P -26%. CSIQ -12%. ASTX -5%. AYR -5%.
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  • Mar. 6, 2012, 6:31 PM
    Netflix (NFLX) +1.3% AH after Reuters reports Reed Hastings has "quietly met" with execs at top cable providers about making Netflix available as a subscription option. It's added "at least one cable operator could experiment with offering Netflix" by year's end. Hastings recently suggested Netflix will eventually be included in cable packages.
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  • Mar. 5, 2012, 1:21 PM
    Roger Ebert of all people is out with a take on Netflix (NFLX -2.4%), lamenting via Twitter that the company has stopped buying streaming rights to indie films to concentrate on blockbusters. It's a charge that the companies denies (for now), even though its limited streaming movie library is a widely-heard customer complaint.
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  • Mar. 5, 2012, 10:42 AM
    Almost 3 years after Time Warner (TWX) and Comcast (CMCSA) launched a concept called "TV Everywhere" to allow cable subs to watch shows online, the initiative is mired in a morass of attempted deal-making and tech holdups. With Netflix (NFLX), YouTube (GOOG) and co. offering alternatives, the cable industry knows it's getting left behind.
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  • Mar. 1, 2012, 2:47 PM
    Pacific Crest says Netflix (NFLX +2.3%) content cost growth should slow significantly in 2013. The firm believes that most of its competitors won't push content acquisition costs higher, but still sees risk in its subscriber acquisition outlook. It maintains its Sector Perform rating.
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  • Mar. 1, 2012, 7:29 AM
    CBS CEO Les Moonves shoots down rumors the company is interested in buying TV Guide Channel (LFG), saying "the economics of buying a cable network ... don't really make sense." He also predicts the launching of more subscription VOD services this year. "Where Comcast goes, Time Warner will probably go."
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  • Feb. 29, 2012, 4:46 PM
    Netflix (NFLX) subscriptions will eventually be offered as part of cable packages, promises Reed Hastings, arguing cable content will increasingly move online, and many providers "would like to have a competitor to HBO." The remarks come as HBO (TWX) announces HBO Go will arrive on the Xbox 360 on April 1. In September, Cablevision's COO said he's interested in offering Netflix's service.
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  • Feb. 28, 2012, 9:40 AM
    Netflix's (NFLX) deal with Starz is about to meet its long-expected demise, but the impact of the deal's expiration may not be as bad as once feared, thanks to Netflix's efforts to focus on streaming TV shows rather than more costly movie content. Over half of all Netflix viewing now involves TV shows, and Starz movies now account for just 2% of all viewing, down from 8% a year ago. (previously)
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Company Description
Netflix Inc operates as an Internet television network providing TV shows & movies which include original series, documentaries & feature films. The Company has three segments namely Domestic streaming, International streaming & Domestic DVD.
Sector: Services
Country: United States