Jefferies & Co. said Netflix Inc.'s (NASDAQ: NFLX) second quarter results missed revenue and subscribers addition estimates on higher churn, while third quarter guidance was below consensus.
Negative impact is only short term, executives say
Grain prices will likely remain elevated at the end of this year, a Reuters poll showed, providing little relief to food prices while continuing to challenge policymakers battling to tamp down inflation.
GE is making progress in earnings and profits as the company reshapes its business, but its stock price is lagging behind. Here's three things needed to get GE's stock price moving again.
Jefferies & Co. upgraded its rating of Motorola Solutions Inc. (NYSE: MSI) to "buy" from "hold" and increased its price target to $55 from $49.
For those angry Netflix customers, there is hope outside of the red envelope company.
McDonald's Corp reported a higher-than-expected quarterly profit on Friday as its low-price focus helped drive strong sales in Europe and the United States.
The Chinese economy is facing the risk of inflation and property price bubble, say IMF economists, though the imminent danger of a major downturn in the property sector has been ruled out.
With the growing momentum in the smartphone market, Nokia is pushed to slash the price of its handset by 10 percent in Q4 of 2011 to boost its sales globally.
Gold rose to a record high Monday, topping $1,600 per ounce, while concerns over mounting debt in both the United States and Europe heighten.
The stock of streaming video services provider Netflix was trading down Monday, after one analyst changed its rating on Netflix from "outperform" to "sector perform."
If the Fed wades further into muddy stimulus waters, that will set the stage for a certain gold boom in the short to medium term. Historically, a dollar sell-off has been the biggest force behind a gold boom. If the Fed takes recourse to another round of easing in pursuit of its goal of propping up job creation and real growth, it will inadvertently cause a dollar sell-off and trigger, in turn, a gold super rally.
Netflix has become increasingly popular lately, and not for the right reasons, as it announced that it plans a 60 percent hike for subscribers who wish to buy both the DVD and streaming packages.
Netflix will survive the fallout from its big price increase. But the company faces a bigger challenge with limited content for its online subscribers. Can it get new content fast enough?
Blockbuster has offered Neflix subscribers a deal.
Netflix is questioning the value of a deal Blockbuster is offering its customers unhappy with a 60 percent Netflix price increase.
Nintendo announced Thursday that those 3DS owners across the U.S. and Canada can download a free application allowing Netflix members with unlimited streaming plans to instantly watch TV episodes and movies streaming from Netflix.
Netflix's price increase for DVD and streaming rentals was greeted with a massive disapproval from members who were outraged with the 60 percent increase.
Since early March, the stock’s value has jumped about 50 percent to just under $300 per share, an all-time high.
About one-third of Netflix’s existing customers may cancel their subscriptions in response to the online streaming company’s plan to increase prices, according to an online poll.
One analyst says to "get ready for the return of Apple's wow factor." But the stock is already on the move, up $45 per share in the past month, after a rough time in June.
Late Tuesday, Netflix announced that it would raise the Internet plus DVDs in the mail plan from $9.99 per month to $15.98 per month. This decision has caused a huge customer backlash. Why did Netflix raise the price despite widespread customer discontent?