New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 5, 2014
06:01 EDTNFLX, VZVerizon strikes back at Netflix for 'PR stunt'
Verizon (VZ) commented on its public policy blog: "Reports from this morning have suggested that Netflix (NFLX) is engaging in a PR stunt in an attempt to shift blame to ISPs for the buffering that some of its customers may be experiencing. According to one journalistís tweet from last night, Netflix is displaying a message on the screen for users who experience buffering which says: 'The Verizon network is crowded right now.' This claim is not only inaccurate, it is deliberately misleading. The source of the problem is almost certainly NOT congestion in Verizonís network. Instead, the problem is most likely congestion on the connection that Netflix has chosen to use to reach Verizonís network. Of course, Netflix is solely responsible for choosing how their traffic is routed into any ISPís network. Some reporters seem to have bought into Netflixís claims without question, and some have conflated this dispute with net neutrality....It is sad that Netflix is willing to deliberately mislead its customers so they can be used as pawns in business negotiations and regulatory proceedings. It would be more accurate for Netflix's message screen to say: 'The path that we have chosen to reach Verizonís network is crowded right now.' However, that would highlight their responsibility for the problem." Reference Link
News For VZ;NFLX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
March 18, 2015
08:05 EDTNFLXNetflix weakness creates buying opportunity, says Oppenheimer
Subscribe for More Information
06:01 EDTNFLXStocks with implied volatility above IV index mean; BBRY NFLX
Subscribe for More Information
March 17, 2015
16:00 EDTNFLXOptions Update; March 17, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 27.30. Option volume leaders: AAPL RIG MGM HTZ TWTR TSLA CY KO NFLX C according to Track Data.
13:06 EDTNFLXBattleground: Analysts take opposite sides on Netflix
Subscribe for More Information
11:23 EDTNFLXApple willing to share TV data to attract programming partners, NY Post reports
Subscribe for More Information
10:26 EDTNFLXOptions with increasing implied volatility
Subscribe for More Information
09:34 EDTNFLXActive equity options trading on open
Subscribe for More Information
07:12 EDTNFLXConcerns over Netflix competition overblown, says Stifel
Subscribe for More Information
06:10 EDTVZSpherix announces Markman hearing held as scheduled in Verizon case
Subscribe for More Information
05:50 EDTNFLXStocks with implied volatility movement; DD NFLX
Subscribe for More Information
March 16, 2015
16:28 EDTNFLXOn The Fly: Closing Wrap
Subscribe for More Information
10:44 EDTNFLXNetflix retreats after cut to sell on competition, cost concerns
The shares of Netflix (NFLX) are falling after research firm Evercore ISI downgraded the stock to Sell from Hold. Increased competition will force the company to increase its investments and the return from those investments is uncertain, the firm contends. WHAT'S NEW: In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors, Evercore ISI analyst Ken Sena wrote in a note to investors earlier today. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. The analyst noted that Apple (AAPL) recently obtained a three month exclusive deal to stream content form Time Warner's (TWX) HBO Now, while Yahoo (YHOO), Amazon (AMZN), and Hulu (DIS, CMCSA, NWSA) are all reportedly interested in obtaining streaming rights to "Seinfeld." Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes. Furthermore, Netflix will face more competition from other Internet TV services overseas than in the U.S., according to Sena, who cut his 2015 consolidated operating income estimate for the company by 26% to $381M from $517M previously. In addition to cutting his rating, Sena lowered his price target on the shares to $380 from $450. PRICE ACTION: In early trading, Netflix sank $16, or 3.7%, to $422.
10:28 EDTNFLXOptions with increasing implied volatility
Options with increasing implied volatility: PVA NFLX BMRN DNOW MYL TEVA PEP GE
10:02 EDTNFLXOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:37 EDTNFLXActive equity options trading on open
Subscribe for More Information
07:52 EDTNFLXNetflix downgraded at Evercore ISI
As previously reported, Evercore ISI downgraded Netflix to Sell from Hold. The firm downgraded shares and reduced its price target to $380 from $450 due to increasing competition among existing and emerging distributors combined with content providers who are becoming increasingly leveraged to new channels through OTT offerings of their own. Evercore ISI believes intensifying competition will necessitate increased investment with uncertain returns and lowered estimates.
06:16 EDTNFLXNetflix downgraded to Sell from Hold at Evercore ISI
March 13, 2015
17:11 EDTNFLXSony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
Subscribe for More Information
16:01 EDTNFLXOptions Update; March 13, 2015
Subscribe for More Information
09:20 EDTVZBofA/Merrill media/telecom analysts hold analyst/industry conference call
Media & Telecom Analyst Reif-Cohen and Barden, along with Matthew Brill, Pratner at Latham & Watkins LLP, discuss the FCC Open Internet Order on an Analyst/Industry conference call to be held on March 13 at 11 am.
1 | 2 | 3 | all recent news | >>

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