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Netflix, Inc. (NFLX)

  • Jan. 23, 2012, 9:59 AM
    Piper Jaffray remains a believer in Netflix (NFLX -3.8%) ahead of its Q4 report this Wednesday, differing from other more gloomy assessments. Despite "shooting itself in the foot," NFLX still has a significant lead in online subscription video, the firm says. "Expectations have been reset and investors are becoming increasingly comfortable that churn will stabilize and gross adds will return."
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  • Jan. 23, 2012, 9:23 AM
    Netflix (NFLX) -1.8% premarket after Wedbush reiterates a Sell ahead of Wednesday's Q4 report. The firm expects a repeat of Netflix's Q3 disaster (I, II) to unfold, with solid Q4 results being overshadowed by guidance for heavy Q1 losses. Wedbush sees Netflix guiding for Q1 EPS of -$0.62, well below a -$0.29 consensus, and also sees 2012 consensus estimates falling by at least $1/share. (previously)
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  • Jan. 23, 2012, 9:00 AM
    Premarket gainers: MFN +29%. CVM +10%. BVSN +9%. CHK +7%. FRO +5%. SWN +5%. CGO +3%. NBG +3%. FST +3%. DANG +3%. LYG +3%.
    Losers: FSC -4%. RIMM -4%. NFLX -3%. SIRI -3%.
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  • Jan. 20, 2012, 5:58 PM
    Netflix (NFLX) announces Chief Marketing Officer Leslie Kilgore is resigning from her position, and will join Netflix's board as a non-executive director; the company will conduct an external search for a new CMO. Given the PR fiascos of the last year, speculation is bound to exist that Kilgore was kicked upstairs. (earlier)
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  • Jan. 20, 2012, 1:38 PM
    Netflix's (NFLX) streaming service offers just 5 of the top 100 2011 movies compared to 10 one year ago and in the 40s for Amazon (AMZN), iTunes (AAPL), and Vudu (WMT). The data make even clearer Netflix's move away from offering popular movies on a subscription basis and towards more of a TV-network type model, writes Tristan Louis.
  • Jan. 20, 2012, 12:56 PM
    Netflix (NFLX -2.6%) gives back some of its recent gains following a critical note from Caris' David Miller. Miller thinks Netflix will guide for operating losses for at least the next 2 quarters during Wednesday's Q4 report, and remains concerned about the potential for higher licensing payments to EPIX. However, B. Riley's Eric Wold is lifting his PT to $125 on hopes of better-than-expected domestic subscriber growth.
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  • Jan. 19, 2012, 12:35 PM
    Why does Big Media favor SOPA legislation that's so punitive toward web companies like Google? Edward Jay Epstein surmises it has as much to do with protecting the pipe as it does protecting the content itself. "These golden geese are in danger of being strangled to death by video streaming," so anti-piracy talk really comes in second to stunting the growth of even legitimate online distribution.
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  • Jan. 19, 2012, 12:23 PM
    Contributing to Netflix's (NFLX +4.9%) rally may be an NPD report claiming the company's Q4 share of the disc rental market was 25%, and its share of the paid digital movie rental market was 55%. While down from Q3 levels, the figures might be soothing fears of massive Q4 share losses. NPD also claims Coinstar's (CSTR +1.7%) share of the disc rental market rose 1200 bps in 2011, to 37%.
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  • Jan. 19, 2012, 11:35 AM
    Class-action suits or not, Netflix (NFLX +5.7%) continues to rally ahead of next Wednesday's Q4 report, thanks to optimism about stabilizing subscriber levels and the company's U.K./Ireland launch. Shares are now up 50% YTD, and up 67% from their Nov. 30 low. 18.4% of Netflix's float was shorted as of Dec. 30; it's quite likely that figure is now lower.
  • Jan. 17, 2012, 1:36 PM
    Netflix (NFLX +2.1%) faces a lawsuit (complaint .pdf) from a group of peeved investors who allege that the company's management misled shareholders while cashing in stock at lofty prices.
  • Jan. 16, 2012, 4:27 AM
    Hulu (co-owned by DIS, CMCSA, NWS) is pushing into original programming, hoping to steal more customers from Netflix (NFLX) with the debut of its first scripted show on Feb. 14. The company plans to raise more money to expand the venture, saying raising capital won't be a problem for the "very healthy business."
  • Jan. 13, 2012, 3:58 PM
    Netflix (NFLX +2.4%) enjoys a boost after B. Riley reiterates its Buy rating, saying investors should hold on to their shares until after the company's Q4 conference call on Jan. 25. Netflix's customer base appears to be stabilizing, Riley says. which should reassure investors that the company is holding its own against the competition.
  • Jan. 13, 2012, 12:43 PM
    The number of broadband subscribers worldwide rose by 17.4M Q/Q in Q3, to 581.2M. 26% of these connections are now in China, and 16% of them now involve fiber-based technologies. Both online video providers such as YouTube (GOOG) and Netflix (NFLX), and telecom equipment firms such as Cisco (CSCO) and Juniper (JNPR), are counting on broadband adoption to help fuel future growth.
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  • Jan. 13, 2012, 10:18 AM
    Wall Street analysts hate these 10 stocks most of all, each with more than 35% of analysts rating them Sell - no small feat when a mere 4% of the 10,500-plus ratings on S&P 500 stocks heading into 2012 had Sell ratings: SHLD, WPO, LXK, FII, HRL, AN, NFLX, AIV, LLY, SWY. (earlier)
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  • Jan. 12, 2012, 5:19 PM
    Hulu CEO Jason Kilar takes to the site's blog to report revenues up 60% in 2011 to $420M. Hulu Plus now has 1.5M subscribers and he expects paying customers to account for more than half of the firm's overall business by later this year. By including advertising as part of the revenue stream, Kilar believes Hulu will eventually be able to pay 50% more to content providers than other online subscription services.
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  • Jan. 10, 2012, 7:44 AM
    Bank of America cuts Netflix (NFLX) to underperform, saying the stock's 42% rise in the new year is "unwarranted." Among the 5 "overhangs" it sees for the stock: Dwindling customer loyalty, international expansion dragging down profits, and rising content costs. Shares -2.3% premarket.
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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