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March 23, 2014
19:34 EDTNFLX, TAT&T responds to Netflix's Hastings, says 'there is no free lunch'
On Friday afternoon, Jim Cicconi, AT&T's (T) senior vice president for external and legislative affairs, responded to Netflix (NFLX) Chief Executive Reed Hastings blog post. On AT&T's Public Policy Blog Jim Cicconi said: "I saw Reed Hasting’s blog yesterday from Netflix asserting in rather dramatic fashion (with diagrams) that ISPs should build facilities (he said provide, but those facilities have to be built) to accept all of Netflix’s content – indeed all of the content on the Internet – without charge. Failure to do so, according to Mr. Hastings, was a violation of “strong net neutrality rules” and bad public policy. I thought it might be helpful to unpack those assertions so we could get right down to the core of Netflix’s rather radical proposition — that people who don’t subscribe to Netflix should nonetheless pay for Netflix. Here are some undisputed facts upon which everyone should agree...First, let’s all accept the fact that the advent of streaming video is driving bandwidth consumption by consumers to record levels. Increased bandwidth consumption and faster broadband networks like our Gigapower service in Austin, Texas (and soon Dallas) are requiring all service providers to drive more fiber into their networks to create the capacity necessary to deliver those services to consumers, whether the service providers are delivering a wireless or a wireline product...Second, we should accept that companies must build additional capacity to handle this traffic. If Netflix was delivering, for example, 10 Terabytes of data in 2012 and increased demand causes them to deliver 20 Terabytes of data in 2013, they will have to build, or hire someone to build, the capacity necessary to handle that increased volume of traffic...Third, if Netflix is delivering that increased volume of traffic to, say, AT&T, we should accept the fact that AT&T must be ready to build additional ports and transport capacity to accept the new volume of capacity as a consequence of Netflix’s good business fortune. And I think we can all accept the fact that business service costs are ultimately borne by consumers...As we all know, there is no free lunch, and there’s also no cost-free delivery of streaming movies. Someone has to pay that cost. Mr. Hastings’ arrogant proposition is that everyone else should pay but Netflix. That may be a nice deal if he can get it. But it’s not how the Internet, or telecommunication for that matter, has ever worked." Reference Link
News For T;NFLX From The Last 14 Days
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July 15, 2015
16:10 EDTNFLXNetflix sees Q3 U.S. streaming net adds of 1.15M
Netflix is forecasting Q3 U.S. net adds of 1.15M, slightly higher than the year ago period. The company project Q3 international net adds of 2.4M.
16:09 EDTNFLXNetflix reports 3.3M streaming members added in Q2
Netflix reports it added a Q2 record 3.3M new streaming members, compared to 1.7M in the previous year quarter. The company gained 0.9M members in the U.S. and added 2.4M members internationally in Q2.
16:07 EDTNFLXNetflix sees Q3 EPS 7c, consensus 5c
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16:07 EDTNFLXNetflix reports Q2 EPS 6c, consensus 4c
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16:00 EDTNFLXOptions Update; July 15, 2015
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14:58 EDTNFLXNetflix July 97.14 straddle priced for 9.6% movement into Q2
14:53 EDTNFLXNotable companies reporting after market close
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13:01 EDTNFLXEarnings Watch: Netflix shares trading up 45% since last earnings report
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11:35 EDTNFLXNetflix to support Charter's acquisition of Time Warner Cable, Bloomberg says
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11:27 EDTNFLXNetflix July volatility elevated into Q2 and outlook
Netflix July call option implied volatility is at 133, August is at 49, September is at 42, compared to its 52-week range of 16 to 39, suggesting large near term price movement into the expected release of Q2 results today.
11:19 EDTNFLXNetflix technical commentary ahead of earnings
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10:04 EDTNFLXNetflix July 99.64 straddle priced for 9% movement into Q2
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09:32 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL FB BAC RCPT MU YUM NFLX CELG
07:38 EDTNFLXNetflix July volatility increases into Q2 and outlook
Netflix July call option implied volatility is at 108, August is at 49, September is at 42, compared to its 52-week range of 16 to 39, suggesting large near term price movement into the expected release of Q2 results today.
06:52 EDTTFCC ruling on AT&T-DirecTV deal could come as soon as today, CTFN says
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July 14, 2015
16:01 EDTT, NFLXOptions Update; July 14, 2015
iPath S&P 500 VIX Short-Term Futures down 15c to 17.76 Option volume leaders: AAPL FB BAC T AMZN BABA INTC JPM LVS AAL CHK MSFT NFLX TSLA TWTR MPC
15:32 EDTNFLXNetflix technical commentary ahead of earnings
Shares are trading very close to life highs ahead of earnings. The current bullish price channel is quite steep, suggesting that positive momentum has been maintained since the last move up from earnings. If the news is as bullish as current price would suggest, a projection forward of the price channel would make the $740 to $750 area a possible objective, Without resistance however price could advance considerably further. The high analyst price target for the shares is at $950 according to Thomson/First Call. The life high is now at $716.16. If the news is a disappointment, the first significant downside objective would be at $635.49 which is the 50-day moving average. That average is not far from the mean analyst sell-side price target according to Thomson/First Call at $648.22. This average, though not a close-fit, has been a good proxy for the trend. A break below the 50-day would therefore be bearish with next support at $617.50 and then at $600.
09:50 EDTNFLXNetflix slips in early trading, levels to watch
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09:35 EDTTActive equity options trading on open
Active equity options trading on open: AAPL FB BAC T AMZN BABA INTC JPM LVS AAL CHK MSFT
08:13 EDTNFLXNetflix July volatility increases into Q2 and outlook
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