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Netflix, Inc. (NFLX)

  • Jan. 6, 2012, 11:49 AM
    Netflix (NFLX +6.9%) shares are soaring, making it not only the best performing stock in the S&P 500 today but for the year so far, up 22%-plus on no news. The stock that had been "the plaything of momentum traders" last year apparently has resumed its old role, Mark Gongloff cracks.
  • Jan. 6, 2012, 9:48 AM
    Coinstar (CSTR -4.2%) slides after Morgan Keegan cuts its rating to Market Perform and its price target to $42 from $60, noting uncertainty in the DVD industry after Time Warner doubles the period in which it will bar Redbox, Netflix and Blockbuster from renting new releases. Shares will "remain pressured until the company provides further evidence of a life beyond DVD."
  • Jan. 5, 2012, 6:37 PM
    Desparate to lift weak DVD sales, Time Warner (TWX) has strong-armed Netflix (NFLX), Redbox (CSTR), and Blockbuster (DISH) into doubling their wait time for offering new DVD releases via their rental services to 56 days, in exchange for maintaining the right to purchase DVDs from Time Warner at wholesale prices.
  • Jan. 5, 2012, 5:41 PM
    Comcast's (CMCSA) wide-reaching distribution deal with Disney (DIS) could amount to a shot across Netflix's (NFLX) bow. Unlike mobile apps from other cable providers that only cover in-home viewing, Comcast now the right to stream live Disney programming to cable subscribers over the Web regardless of location, making it more of a direct rival to Netflix and other favorites of cord-cutters.
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  • Jan. 5, 2012, 7:16 AM
    Needham slashes its full-year EPS estimate for Netflix (NFLX) to -$0.50 from $2.50, saying Netflix has spent inordinately to acquire streaming content but subscriber growth isn't keeping pace with growth in content costs. Unless Netflix brings those two points together, its domestic streaming business could soon become unprofitable. (
  • Jan. 4, 2012, 4:21 PM
    Netflix (NFLX +11.4%), which soared today after releasing encouraging streaming data, drops 1.5% AH after Verizon (VZ) states at a Citi conference it has no interest in acquiring a streaming services provider. A rumor had previously surfaced that Verizon was eying Netflix. (also)
  • Jan. 4, 2012, 9:59 AM
    Despite Netflix's (NFLX) propensity to upset its users during 2011 over price hikes, members watched over 2B hours of TV shows and movies via the company's streaming service during Q4. Could this signal a turnaround in sentiment? Shares +1.3%. (PR)
  • Dec. 30, 2011, 7:55 PM
    Bottom five Dow losers of 2011: BAC -59%, AA -44%, HPQ -39%, JPM -21%, CSCO -10%. S&P losers: FSLR -75%, ANR -67%, NFLX -61%, BAC -59%, X -56%. Nasdaq losers: YRCWD -99%, TNCC -98%, ENER -95%, MOTR -95%, ROSG -95%.
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  • Dec. 30, 2011, 3:55 PM
    The year’s biggest stock market losers are going out in style. First Solar (FSLR), the S&P's worst performer this year - down 74% - is +2.8% today. Alpha Natural Resources (ANR) and Netflix (NFLX), second and third most pathetic, are +4.2% and +0.3%, respectively. Even Bank of America (BAC), the Dow's biggest dog, is +1.9%.
  • Dec. 28, 2011, 8:39 AM (OSTK) finished last in a survey conducted by research firm ForSee regarding customer satisfaction among online shoppers during the holiday season. Gap (GPS) had the second-lowest score, while Netflix (NFLX) posted the largest Y/Y decline. Amazon (AMZN) topped the leaderboard with a score of 88/100, up slightly from last year's 86/100.
  • Dec. 27, 2011, 4:59 PM
    Of all its international moves, Netflix's (NFLX) plans to enter the U.K. and Ireland may be its riskiest. Not only are the content costs for such a large, developed market likely to be high, Netflix could face stiff competition from Amazon-owned (AMZN) LoveFilm. LoveFilm's dominance of the U.K. online DVD rental market leaves it in prime position to (ironically) go after Netflix with an integrated DVD/streaming offering. (also)
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  • Dec. 23, 2011, 9:53 AM
    Following a disastrous 2011, Reed Hastings' (NFLX) stock options for next year are cut in half - $1.5M vs. $3M this year - but much of the rest of Netflix's top brass will get nice raises. CFO David Wells' salary will rise 22.5% to $490K for 2012, plus $160K more in options, and chief content officer Ted Sarandos will get a 10% pay raise to $1M, plus $400K more in options.
  • Dec. 22, 2011, 3:28 PM
    A Citi survey of Netflix (NFLX) users finds 18% claiming they're "extremely satisfied with its service; 39% saying they're "very satisfied;" and 34% saying they're "moderately satisfied." Nonetheless, it's worth noting 50% of respondents claimed to be "extremely satisfied" back in May. Citi remains relatively bullish on Netflix, expecting the company to add 9.9M streaming subs in 2012, and return to profitability by year's end.
  • Dec. 20, 2011, 8:41 AM
    Netflix (NFLX) gains 1.9% after striking a deal with the BBC to include its shows in Netflix's streaming service for the U.K. and Ireland. The service, which will also feature content from Lionsgate and MGM, is set to launch early next year.
  • Dec. 16, 2011, 3:27 PM
    Netflix’s (NFLX) subscriber debacle may turn a corner this quarter, but Lazard reiterates its Neutral rating and advises holding off on the stock, given the company may lose half a billion dollars expanding internationally. A 17% "gross subscriber" addition rate in 2012 would be enough to cover the 70%-80% rise in the cost to NFLX for streaming video content, Lazard says.
  • Dec. 16, 2011, 11:26 AM
    Canaccord's list of tech stocks to avoid in 2012 includes 3 black sheep - RIMM, NFLX, and PWAV - but also features INTC, ERIC, and INTU. The firm thinks Intel's inventory troubles will be worse than expected; views Intuit's current valuation as steep, given the risk of prolonged SMB demand weakness; and is worried about the margin pressure Ericsson will face due to sales mix and macro issues;
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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