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Stock Market & Financial Investment News

News Breaks
February 15, 2013
08:23 EDTNFLXNetflix: From DVD's by mail to streaming video and original content, WSJ reports
How did Netflix move from a DVD-by-mail service to using streaming video and original content to become major TV's most unlikely adversary? When online video exploded, CEO Reed Hastings invested heavily in online streaming, reports the Wall Street Journal. In 2011, he bungled a play to split the company into two services—Netflix for streaming, Qwikster for DVDs—losing 800,000 subscribers and nearly $12B in market value. Yet, the company developed the industry's best hardware-neutral streaming platform and fended off challenges from others. Hastings is now betting that when all content streams to your TV and devices, users will abandon their cable services and Netflix will be just another on-demand channel. Netflix does have some advantages, including an established online user base; perhaps the industry's best interface; a robust Netflix Just for Kids service; and an unparalleled recommendation algorithm based on more than six billion customer ratings.Reference Link
News For NFLX From The Last 14 Days
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May 21, 2013
13:17 EDTNFLXNetflix says Ricky Gervais' original series to debut September 12
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May 17, 2013
09:37 EDTNFLXActive equity option families trading on open
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May 16, 2013
09:36 EDTNFLXActive equity option families trading on open
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May 15, 2013
16:02 EDTNFLXOptions Update; May 15, 2013
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14:28 EDTNFLXNetflix targets 100 basis points of margin expansion a quarter
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12:17 EDTNFLXIcahn paper profit in Netflix tops $1B, WSJ reports
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10:51 EDTNFLXNetflix CFO says growing subscribers at $8 price point
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10:42 EDTNFLXNetflix moves higher, levels to watch
The shares are moving against the broader sideways or down move in technology today, last at $244.10. It would appear that traders are intent on moving the shares back toward the $250 area. That area in the prior two-years was important support and then resistance. When the shares broke below that level in August 2011, it presaged a steep decline in share price. Retaking that level and holding it therefore might encourage more bullishness for higher price. A failure to do so could potentially derail the current trend higher.
10:31 EDTNFLXNetflix volatility at one year low as shares at 21-month high
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10:13 EDTNFLXNetflix loved by consumers in survey, says BTIG
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09:43 EDTNFLXActive equity option families trading on open
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09:01 EDTNFLXNetflix EPS could reach $10+, says RBC Capital
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07:26 EDTNFLXNetflix ready for battle in Canada, Globe and Mail reports
Netflix may have won the initial battle for online viewers in Canada, but CEO Reed Hastings says it must now survive an onslaught from the country’s traditional TV companies, reports the Globe and Mail. Hastings said the company is prepared to aggressively bid for movie and TV rights while earmarking increasingly higher amounts to produce original content to entice viewers into cutting their cords. Reference Link
May 14, 2013
16:00 EDTNFLXOptions Update; May 14, 2013
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09:54 EDTNFLXNetflix rebound continues, levels to watch
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09:38 EDTNFLXActive equity option families trading on open
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07:05 EDTNFLXNetflix continues to lead web usage in North America, AllThingsD reports
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May 13, 2013
15:45 EDTNFLXOptions Update; May 13, 2013
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12:06 EDTNFLXStocks with call strike movement; CLF NFLX
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May 10, 2013
12:54 EDTNFLXIcahn says 'we haven't sold a share' of Netflix
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