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Stock Market & Financial Investment News

News Breaks
January 22, 2013
12:54 EDTNFLXEarnings Preview: Netflix shares up over 42% since last earnings report
Netflix (NFLX) is expected to report Q4 earnings after the market close on Wednesday, January 23 with a conference call scheduled for 6:00 pm ET. Netflix is an Internet subscription service that allows members to watch TV shows and movies through DVD and on-demand streaming... EXPECTATIONS: Analysts are looking for EPS of (60c) on revenue of $934.37M. The consensus range is ($13.00)-2c for EPS, and $924.2M-$946M for revenue, according to First Call... LAST QUARTER: Netflix reported Q3 EPS 13c against estimates of 4c on revenue of $905M against estimates of $908.89. The company gave a forecast of Q4 EPS (23c)-4c, expecting Domestic Streaming subscribers to reach 26.4M-27.1M and International Streaming subscribers to reach 5.2M-5.9M. At the Q3 earnings conference call, Netflix said the 7M subscription growth prediction was a "forecasting error". It also expected greater subscriber additions in Q4 and Q1 than in Q2 and Q3. It had no plans to raise subscription prices or change its price point at this time... STREET RESEARCH: Analysts in recent weeks have raised Netflix's price target and upgraded the company's rating. Janney Capital and Morgan Stanley, for example, cited the company's "positive" deal with Disney (D) and their reduced expectations in the past few quarters. Piper Jaffray also noted an increase confidence in the company's ability to maintain competitive differentiation while holding the best movie and TV subscription library. BofA/Merrill, however, remains skeptical given Netflix's fundamentals and overblown acquisition speculation. Northland Securities reiterated Netflix at Underperform, saying HBO's (TWX) extension with Universal increases the competitive environment for content... PRICE ACTION: Netflix shares have risen more than 42%, since the first day of trading following the company's Q3 report. In Tuesday mid-day trading ahead of the Q4 report, Netflix shares are down almost 2%.
News For NFLX From The Last 14 Days
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August 28, 2014
09:37 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR FB TSLA C DRYS NFLX YHOO PAY AMZN
07:29 EDTNFLXSamsung says Amazon to begin 4K streaming in October
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August 26, 2014
16:02 EDTNFLXOptions Update; August 26, 2014
iPath S&P 500 VIX Short-Term Futures up 27c to 27.69. Option volume leaders: AAPL TSLA TWTR AMZN GILD JNS NFLX according to Track Data.
10:57 EDTNFLXNetflx slips after Emmy snub, competing Canadian service announced
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09:35 EDTNFLXNetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
09:35 EDTNFLXActive equity options trading on open
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August 25, 2014
16:00 EDTNFLXOptions Update; August 25, 2014
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15:03 EDTNFLXNetflix volatility at low end of historic range
Netflix August 8/29/14 weekly call option implied volatility is at 24, September is at 25, October is at 27, January is at 31; compared to its 26-week average of 37 according to Track Data, suggesting decreasing price movement.
09:35 EDTNFLXActive equity options trading on open
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August 22, 2014
11:17 EDTNFLXOptions Update; August 22, 2014
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05:58 EDTNFLXComcast launches streaming TV services for college campuses, WSJ reports
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August 21, 2014
10:34 EDTNFLXOptions Update; August 21, 2014
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09:37 EDTNFLXActive equity options trading on open
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August 20, 2014
12:59 EDTNFLXNetflix volatility at low end of historic range
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09:36 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FOLD TSLA TWTR WHX FB TM NFLX X EOG
06:13 EDTNFLXNetflix signs paid peering deal with Time Warner Cable, Gigaom reports
Netflix (NFLX) has signed a direct interconnection deal with Time Warner Cable (TWC) that would provide Netflix with direct access and faster streams, reports Gigaom. Time Warner Cable confirmed that the deal happened in June and the implementation has been rolling out this month. Reference Link
August 19, 2014
16:00 EDTNFLXOptions Update; August 19, 2014eBay
iPath S&P 500 VIX Short-Term Futures down 28c to 27.52. Option volume leaders: AAPL C HD PBR GILD AA NFLX TWTR TSLA EBAY according to Track Data.
08:27 EDTNFLXNetflix international opportunity larger than most realize, says MKM Partners
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August 18, 2014
16:00 EDTNFLXOptions Update; August 18, 2014
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07:58 EDTNFLXNetflix volatility at low end of historic range
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