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Netflix, Inc. (NFLX)

  • Sep. 2, 2011, 9:00 AM
    Premarket gainers: LIZ +10%. FNSR +8%. GSS +4%. HL +3%. SLW +3%.
    Losers: NFLX -10%. BAC -7%. BTU -7%. C -6%. CMO -5%. BP -5%. MT -4%. CLWR -4%. STD -4%. LVLT -4%. TS -4%. RF -4%. DB -3%. CYS -3%. DRYS -3%. AGNC -3%. S -3%. SINA -3%. CAT -3%. BIDU -3%. WFC -3%. MGM -3%. IVR -3%. ATPG -3%. BCS -3%. RAD -3%. MS -3%. ANH -3%. AMD -3%.
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  • Sep. 2, 2011, 7:42 AM
    Netflix's (NFLX) loss of Starz content "illustrates the market power still enjoyed by cable operators over the content studios," and could slow the advance of OTT video, harming Hulu (NWS, DIS, CMCSA) and even Amazon (AMZN), ThinkEquity says. Possible beneficiaries: cable infrastructure suppliers like Harmonic (HLIT).
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  • Sep. 1, 2011, 4:59 PM
    Starz breaks off contract renewal talks with Netflix (NFLX) over differences in pricing and packaging, saying it will end programming as of March 2012. In a statement, Starz CEO Chris Albrecht says the decision "is a result of our strategy to protect the premium nature of our brand." Shares -8.5% AH.
  • Aug. 31, 2011, 3:17 PM
    Amazon's web services business (AWS) is becoming a real growth engine for Amazon (AMZN), and Netflix's (NFLX) Adrian Cockcroft sees it maintaining a dominant position in spite of competition from the formidable OpenStack alliance. Cockcroft estimates AWS doubled in size over the past year, and doesn't see a viable alternative arriving for 2-3 years.
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  • Aug. 30, 2011, 3:59 PM
    Netflix (NFLX +5.1%) shares power higher on hopes subscribers will choose its pricier plans for combined DVD and streaming, which begin this Thursday. "A lot of investors believe that the price increase is going to be received more favorably than [they did] when it was first announced," Wedbush says, because customers have no place else to go.
  • Aug. 25, 2011, 1:36 PM
    Netflix (NFLX) is confident its streaming library doesn't need many new releases to continue its heady growth, arguing its customers are happy to rely on other sources. Of course, this was less of a concern for Netflix before its pending price hike, which makes it more expensive for customers to get new releases via Netflix DVD rentals.
  • Aug. 23, 2011, 11:50 AM
    Netflix (NFLX +3.3%) announces a deal allowing subscribers in Latin American countries to stream up to 1,200 hours of Telemundo's Spanish-language programming. The move follows up on NFLX's goal to start offering video services in 41 new countries this year.
  • Aug. 18, 2011, 11:50 AM
    Amazon (AMZN -4.5%) says deals with CBS and NBC (CMCSA -3.3%) pushed up the tally on its digitial video library to 100K, from 90K. The service varies (or competes?) from AMZN's Netflix-like (NFLX -3.1%) streaming movie service that only boasts 9K titles. The firm's video strategy should clarify when its new tablet launches this fall.
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  • Aug. 18, 2011, 9:00 AM
    Premarket gainers: CNX +10%.
    Losers: GENT -20%. NTAP -14%. JASO -12%. MGM -11%. PLCE -7%. BCS -8%. CBOU -7%. LYG -7%. IVR -7%. EMC -6%. SD -6%. MPEL -5%. UBS -5%. ALU -5%. TTM -5%. CS -5%. ING -5%. IRE -5%. AVB -5%. JDSU -5%. DRYS -5%. DNDN -5%. BAC -5%. HBC -5%. YOKU -5%. PHG -4%. MT -4%. C -4%. SDRL -4%. BIDU -4%. NFLX -4%. MU -4%. DB -4%. RENN -4%. LVS -4%. BHP -4%. LVLT -4%. TS -4%.
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  • Aug. 17, 2011, 11:17 AM
    A survey of 350 Netflix (NFLX) subscribers found 15% still planning to cancel by next month, when its price hike goes into effect. Nonetheless, Piper Jaffray's Michael Olsen thinks the data suggests Netflix could meet the Street's Q3 estimates. Olsen also sees Coinstar's (CSTR) Redbox gaining from both cancellations and the migration to streaming-only plans.
  • Aug. 16, 2011, 1:23 PM
    Netflix (NFLX -4%) gives kids and their parents a new reason to embrace its internet video subscription service by adding a "Just For Kids" tab to subscribers' accounts. The list of kid-friendly suggestions won't include titles available only as DVD rentals, an option Netflix has been trying to make less enticing since unveiling its new pricing scheme; shares -16% since then.
  • Aug. 10, 2011, 5:20 PM
    As NFLX, AMZN, GOOG, and AAPL try to grow their online video businesses, the risk-averse mindset of Hollywood studios remains a stumbling block. Disney (DIS) CEO Bob Iger says his company is comfortable licensing older content to Netflix, but plans to "make access to newer programming more difficult" for those not subscribed to pay-TV services.
  • Aug. 8, 2011, 8:29 AM
    CNET reports Apple (AAPL) is still at least months away from launching a video service for streaming and re-downloading purchased content. Deals still need to be signed with 4 of 6 major studios, and negotiations with Time Warner's (TWX) HBO division are proving tricky. Apple also reportedly has no plans to offer a Netflix-like (NFLX) subscription service.
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  • Aug. 5, 2011, 10:12 AM
    Ten months after launching a streaming-only service in Canada, Netflix (NFLX) claims to have over 1M subscribers in the country, good for a household penetration rate of about 7.5%. At the end of Q2, Netflix's U.S. penetration rate was in the range of 21%.
  • Aug. 4, 2011, 8:52 AM
    Warner Bros. (TWX), which hasn't been keen on working with Netflix (NFLX), is rolling out Flixster Collections, a portal for online video watching and sharing that can tie into users' Netflix, Amazon (AMZN), iTunes (AAPL), and Hulu accounts. Netflix's lack of U.S. social media support (due to regulatory concerns) has been seen as a weakness.
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  • Aug. 3, 2011, 10:19 AM
    Jeffries' Peter Misek claims Apple (AAPL) is working on a subscription-based streaming service to compete with Netflix (NFLX) and Amazon (AMZN), and believes the company has unannounced streaming deals with numerous studios. CFO Peter Oppenheimer hinted at new iTunes video content arriving during Apple's FQ3 CC.
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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