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Netflix, Inc. (NFLX)

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  • Oct. 25, 2011, 9:00 AM
    Premarket gainers: DGX +9%. FTNT +8%. AEZS +7%. INVE +6%. CTIC +5%. XRX +4%. BP +4%. JASO +3%. EK +3%.
    Losers: NFLX -36%. HWAY -33%. MMM -7%. STM -6%. AKS -6%. CMI -6%. CUBE -6%. VE -6%. HGSI -4%. NVS -4%. PHG -4%. UA -3%. NBG -3%. BHP -3%.
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  • Oct. 25, 2011, 7:44 AM
    Netflix (NFLX) is down 36.6% premarket, after its Q3 report (I, II, III, IV) makes clear the full impact of its moves. During Netflix's CC, Reed Hastings lamented the creation of Qwikster, but was still unrepentant about the price hike that's the source of most consumer angst. A $1.2B increase in Netflix's streaming commitments, to $3.5B, might also be unsettling investors.
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  • Oct. 24, 2011, 4:35 PM
    Netflix (NFLX): "We used $39.6M in Q3 to repurchase 182K shares at an average cost basis of $218." The stock closed at $118.84 today ($93.86 in AH trade).
  • Oct. 24, 2011, 4:29 PM
    Also in Netflix's (NFLX) Q3 report: Only 7% of new subscribers opt for both streaming and DVD plans. Nonetheless, CEO Reed Hastings says "if we were going to lower prices, we would do it on streaming." Netflix expects a Q4 "contributing margin" of just 8% for its domestic streaming business, due to higher content spending. NFLX -20.9% AH. (.pdf)
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  • Oct. 24, 2011, 4:17 PM
    More on Netflix's (NFLX) Q3: Total U.S. subscribers declined by 810K, international subs grew by 510K. 20M-21.5M U.S. streaming subs expected in Q4, compared with 21.45M in Q3. U.S. DVD subs expected to fall to 10.3M-11.3M from Q3's 13.9M. International subs expected to grow to 1.6M-2M from Q3's 1.48M. NFLX -18.5% AH. (.pdf)
  • Oct. 24, 2011, 4:09 PM
    Netflix (NFLX): Q3 EPS of $1.16 beats by $0.21. Revenue of $822M (+ 49% Y/Y) beats by $10.2M. Company forecasts Q4 EPS of $0.36-$0.70, below a $1.09 consensus. NFLX -14.6% AH. (.pdf)
  • Oct. 24, 2011, 1:47 PM
    CBS (CBS +3.4%) will grow EPS from 2010-15 by 25% annually, Morgan Stanley says, retaining it as a top pick among entertainment stocks, although shares do not reflect an anticipated recession in 2012. A decline in ad growth should be offset by revenues CBS will rake in from online video providers such as Netflix (NFLX) and Amazon (AMZN).
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  • Oct. 24, 2011, 10:01 AM
    It's been a rare few months of missteps from Netflix (NFLX) but that is not expected to have prevented a healthy rise in Q3 earnings. Analysts forecast EPS at $0.96 vs. $0.70 a year ago and revs at $813M vs. $553M. With shares plunging 57% in Q3, there could be scope for a bounce should results please.
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  • Oct. 24, 2011, 3:53 AM
    Netflix (NFLX), which is due to report earnings after the bell, intends to launch its subscription service in the U.K. and Ireland in early 2012, offering unlimited TV shows and movies over the Internet. Further details, such as pricing, content and supported devices, will be announced closer to launch. (PR)
  • Oct. 24, 2011, 12:10 AM
    Notable earnings after Monday's close: ALB, AMGN, CIM, FTNT, HLX, HMA, HXL, MAS, NFLX, PCL, STM, TXN, VECO, ZION
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  • Oct. 19, 2011, 1:52 PM
    Caris' David Miller remains bearish on Netflix (NFLX -0.4%) going into Monday's Q3 report, believing shares will eventually head to $96. While expecting Q3 EPS to beat forecasts, Miller thinks Netflix will have to back off its $1B Q4 revenue forecast, as well as its 14% 2011 domestic operating margin target. (previously)
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  • Oct. 18, 2011, 11:23 AM
    Skype's founders have confirmed they're launching a Netflix (NFLX -4.6%) rival called Vdio. While providing few details, Vdio boasts a team with extensive technical and startup experience, and there are indications the service will be similar to Rdio, an online music service launched by Skype's founders that emphasizes social networking.
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  • Oct. 18, 2011, 6:53 AM
    Hedge-fund traders and other professional investors say a lack of liquidity is making it increasingly difficult to trade individual stocks - even such actively traded stocks as Apple (AAPL) and Netflix (NFLX) - without causing large price swings. As a result, many large traders are pulling back from the market rather than risk being hit by liquidity-related volatility.
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  • Oct. 14, 2011, 9:15 AM
    Premarket gainers: CLWR +10%. GOOG +8%. S +8%. OPK +7%. GLUU +7%. HOV +6%. SWKS +6%. ADBE +5%. BIDU +5%. ERIC +5%. GMCR +5%. ALU +5%. COOL +4%. AMR +4%. RFMD +4%. RENN +4%. SOL +4%. TQNT +4%. HAL +4%. WLT +4%. MT +4%. FCX +4%. SINA +3%. AONE +3%. SIRI +3%. UN +3%. ING +3%. NFLX +3%. MU +3%. F +3%.
    Losers: DEPO -24%. NCMI -23%. AVII -4%. MAT -3%.
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  • Oct. 14, 2011, 8:40 AM
    A number of Internet stocks are trading higher premarket following Google's (GOOG) Q3 report, which featured encouraging paid click data. AMZN +1.5%. BIDU +4%. OPEN +3%. EBAY +1.6%. NFLX +2%. Netflix could also be getting a lift from the cancellation of rival Hulu's sale.
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  • Oct. 13, 2011, 11:16 AM
    Netflix (NFLX) announces a four-year deal with CBS and Warner Bros. (TWX) to stream CW network series, particularly including Gossip Girl, 90210 and One Tree Hill. Shares up 3.7%.
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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