New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 12, 2013
11:58 EDTCLF, NFLXStocks with call strike movement; NFLX CLF
Netflix (NFLX) May 200 call option implied volatility increased 2% to 71, Cliffs Natural (CLF) June 21 call option implied volatility increased 5% to 57 according to iVolatility.
News For NFLX;CLF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 29, 2015
16:00 EDTNFLXOptions Update; May 29, 2015
Subscribe for More Information
09:30 EDTCLFCredit Suisse said 2H looking like a 'win-win' for US steel equities
Credit Suisse said 2H 2015 is looking like a "win-win" for U.S. steel equities. The firm assumes favorable outcomes in proposed congressional legislation redefining injury in anti-dumping trade cases, a trade case filing, and an end to market restock cycle. Credit Suisse continues to favor U.S. Steel (X) given its leverage to the trade case story and said the entire sector will benefit if 2H plays out as expected. Firm said Reliance Steel (RS), Worthington (WOR), and Olympic Steel (ZEUS) are leveraged to a drop in import volumes and raw materially suppliers Cliffs Natural (CLF), Arch Coal (ACI), and Alpha Natural (ANR) should benefit from production increases in domestic Blast Furnace given less import competition.
May 28, 2015
10:02 EDTNFLXSandvine: Netflix accounts for 36.5% of peak Internet traffic, Variety reports
Subscribe for More Information
May 27, 2015
12:32 EDTNFLXRogers, Shaw to launch Shomi streaming service this summer, The Province says
Subscribe for More Information
06:05 EDTNFLXStocks with implied volatility below IV index mean; NFLX LNKD
Subscribe for More Information
May 26, 2015
09:22 EDTNFLXRovi gets 'de facto renewal' with TWC buyout, says JPMorgan
Subscribe for More Information
06:10 EDTNFLXStocks with implied volatility below IV index mean; NFLX LNKD
Subscribe for More Information
May 22, 2015
07:36 EDTNFLXNetflix price target raised to $700 at RBC Capital following customer surveys
Subscribe for More Information
May 21, 2015
14:54 EDTNFLXCiti ups Netflix target on international potential as company eyes China
Citigroup raised its price target for Netflix (NFLX) to $722 and maintained a Buy rating on the stock, citing the company's underappreciated international expansion and declining churn trends. WHAT'S NEW: In a research note, Citigroup analyst Mark May raised his price target on Netflix to $722 from $584, saying that despite the stock's 31% jump since reporting first quarter earnings on April 15, Netflix shares still have room to advance as the company extends its service globally. May believes the U.S. only accounts for 18% of Netflix's total addressable market based on broadband household metrics. Additionally, he thinks subscribership should trend positively as original content grows and churn declines, resulting in a potential 20% U.S. streaming revenue growth in 2016. The firm stated that Netflix's financial model should generate similar operating profits from "most" of the markets it chooses to enter, and that non-English speaking Netflix markets are being significantly undervalued when taking into account their size. Based on Citi's analysis, Japan, Australia, and New Zealand have a $25 implied enterprise value per broadband household, which, at roughly 10% of the U.S. metric, implies "very conservative" assumptions. Citi highlighted that Netflix's current stock price does not account for any additional value from further international launches, which could include Spain, Italy, Portugal, China, Russia, and India. The firm also remains optimistic on subscriber numbers for coming quarters, saying both churn and content offerings are improving at the company. WHAT'S NOTABLE: On May 14, Bloomberg reported that Netflix has held talks with several Chinese media companies, including Wasu Media, backed by Alibaba (BABA) chairman Jack Ma. In response to the report, a Netflix spokesperson remarked that the company plans to be "nearly global" by the end of 2016. PRICE ACTION: Netflix is trading near flat on the day to $622.47.
09:36 EDTNFLXActive equity options trading on open
Subscribe for More Information
06:23 EDTNFLXNetflix price target raised to $722 from $584 at Citigroup
Citigroup analyst Mark May raised his price target for shares of Netflix to $722 with the stock up 31% since reporting earnings on April 14. After revisiting his valuation analysis, May continues to believe Netflix's international opportunity is underappreciated. The analyst also expects the streaming service's subscriber trends to continue benefiting from lower churn and better content. May maintains a Buy rating on Netflix. The stock closed yesterday up $5.05 to $621.53.
May 20, 2015
16:23 EDTCLFCliffs Natural says Wabush has commenced restructuring proceedings
Subscribe for More Information
12:11 EDTNFLXNetflix to introduce new web interface in June, TechCrunch reports
Netflix is testing a new user interface that does away with its carousels, reports TechCrunch. The company is expected to rollout the new interface on the web to all users worldwide beginning next month. Reference Link
May 19, 2015
16:01 EDTNFLXOptions Update; May 19, 2015
iPath S&P 500 VIX Short-Term Futures down 27c to 19.17. Option volume leaders: AAPL BAC WMT MSFT FB TWTR MNKD NFLX T PBR
11:04 EDTNFLXNetflix hits pattern price target
Subscribe for More Information
09:37 EDTNFLXActive equity options trading on open
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use