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Netflix, Inc. (NFLX)

- NASDAQ
  • Sep. 29, 2011, 10:37 AM
    It's still a momentum trade - to the downside. Netflix (NFLX -8.8%) sinks on no fresh news, but shares broke through $125 yesterday so now people want to dump them. Competition hurts: Amazon’s (AMZN) new Kindle will let users stream movies, and Microsoft (MSFT) will get some pay TV content from Comcast (CMCSA) and Verizon (VZ) streamed to its Xbox Live.
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  • Sep. 28, 2011, 3:20 PM
    Benchmark's Fred Moran considers the Kindle Fire a "direct threat" to Netflix (NFLX +0.6%), given how it comes with 30-day trial for Amazon's (AMZN +3.9%) Prime Video service. Larry Dignan, meanwhile, thinks the device's low price tag spells doom for RIMM's PlayBook and every other rival tablet not called the iPad (AAPL).
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  • Sep. 28, 2011, 1:53 PM
    Shares of DirecTV (DTV +1.4%) get a lift from JPMorgan with an Overweight rating, as the firm takes a dimmer view of rival Dish Network (DISH -1.5%). Analysts initiate DISH with a Neutral rating, remaining unimpressed with its new Movie Pass promotion seen by the company as a Netflix (NFLX -0.2%)-killer. "We don't believe the service poses a compelling alternative to broadly compete with Netflix at this point."
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  • Sep. 28, 2011, 10:53 AM
    Netflix (NFLX +2.5%) shares move higher, attributed to comments from Piper Jaffray suggesting subscriber cancellations are moderating: "While we continue to expect elevated churn over the next few quarters, the risk of a mass exodus appears to be moderating" following its latest survey. Piper sets a $300 price target on the shares.
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  • Sep. 28, 2011, 7:50 AM
    Quick take on a la carte cable: If cable providers are able to make the transition, it could be devastating to a network owner such as DIS, which reportedly gets $4/month per subscriber for ESPN, whether or not a subscriber cares for it. But it could also open the door for channel subscriptions to be sold to online video providers such as AAPL, GOOG, and NFLX.
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  • Sep. 26, 2011, 9:21 AM
    Amazon (AMZN) has inked a licensing agreement with Fox (NWS) to stream the latter's movies and TV shows through its Prime Video service. The Fox deal follows similar agreements made with CBS and NBC Universal (CMCSA), and lifts the size of Amazon's streaming library to 11K titles, as it continues its efforts to build a legit rival to Netflix (NFLX).
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  • Sep. 26, 2011, 9:13 AM
    Netflix (NFLX) is up 4% premarket following its deal with DWA. Shares are also getting a boost from an upgrade to Buy from Merriman's Eric Wold. Wold thinks Netflix's near-term problems are "more than reflected" in its valuation, now that shares have fallen 55% since his July 6 downgrade, and he's still bullish on the company's positioning and long-term potential.
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  • Sep. 26, 2011, 9:00 AM
    Premarket gainers: MELA +109%. OMEX +13%. CTIC +7%. DB +7%. ING +7%. BCS +6%. DANG +6%. LYG +5%. AEG +4%. NFLX +4%. PT +4%. AMD +4%. NOK +4%. CS +4%. CCL +3%. YRCW +3%. ALU +3%. MT +3%. TOT +3%. AKS +3%. IHG +3%. X +3%.
    Losers: EK -17%. CLX -6%. SPIL -3%. SLW -3%.
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  • Sep. 25, 2011, 8:08 PM
    A deal for DreamWorks (DWA) to push its movies/shows through Netflix's (NFLX) streaming service may herald better pricing power for content providers. Previously limited to pay-TV, studios now have another choice in Netflix, and soon a "tidal wave" of Netflix competitors.
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  • Sep. 23, 2011, 3:16 PM
    Though lowering his estimates and expecting shares to be range-bound near-term as more bad news arrives, J.P. Morgan's Doug Anmuth thinks patient Netflix (NFLX) investors will be rewarded. He believes gross subscriber additions will continue driving growth even as churn increases, and Qwikster will be run with profitability in mind. (more)
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  • Sep. 23, 2011, 2:05 PM
    Dish Network (DISH +4.6%) unveils its Blockbuster Movie Pass, a bundled combination of streaming video, DVDs by mail and satellite subscription service. Netflix (NFLX +1.7%) may be relieved that the service for now is being bundled specifically for Dish Network satellite customers, rather than as a stand-alone streaming service.
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  • Sep. 23, 2011, 2:00 PM
    After rallying on Netflix's (NFLX) guidance cut, Coinstar (CSTR) fell hard this week on worries about a massive hike in the fees it pays to Visa (V) for debit transactions. But shares are up 5.5% today after D.A. Davidson's John Kraft comes to Coinstar's defense, arguing the company has options for offsetting the higher fees.
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  • Sep. 23, 2011, 1:08 PM
    A new poll from The Street finds 42% of Netflix (NFLX) subscribers planning to fully cancel their subscriptions following the rise of Qwikster. A number of readers also feel the company is now "out of touch" with its customers, and think the placing of Netflix's DVD and streaming queues on separate sites will hurt the user experience. (July poll)
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  • Sep. 22, 2011, 2:30 PM
    Mark Zuckerberg uses Facebook's f8 conference to unveil a revamped profile view, and an anticipated media sharing platform. He also adds that 500M of Facebook 750M+ registered users logged on to the site in a single day last week. Meanwhile, Netflix's (NFLX +0.3%) Reed Hastings is announcing a Facebook integration deal.
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  • Sep. 22, 2011, 11:50 AM
    UBS' latest list of its clients' 15 most shorted stocks: FSLR, GCI, NFLX, CTRP, CIEN, JCP, GRMN, GMCR, BBY, FTR, CRM, GM, C, BAC, JNJ.
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  • Sep. 22, 2011, 9:57 AM
    Wedbush upgrades Netflix (NFLX -0.3%) and raises its target to $155 from $110, based on a belief that the driver for the separation of Netflix into two businesses was to position the streaming business for sale to Amazon (AMZN -4.7%). Wedbush thinks Amazon has always wanted to be in streaming but has been constrained from buying Netflix by tax considerations. (earlier)
    | 4 Comments
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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