NFLX – Daily Stocks News

Major Movers on July 23; NFLX, USU, UTX, AAPL

Shares of Netflix Inc. (NASDAQ: NFLX) have fallen sharply in trading today after the Los Gatos, California-based company reported that it added less-than-forecast subscribers in the U.S. during the second quarter. NFLX added 630,000 subscribers in the U.S. during the quarter ended June 30, 2013. The company ended the quarter with 28.6 million U.S. subscribers, which fell short of consensus forecast of 29.9 million. Looking ahead, the company expects to add 690,000 to 1.49 million new streaming customers in the U.S. in the third quarter.

Continue reading Major Movers on July 23; NFLX, USU, UTX, AAPL

Citigroup Initiates Coverage on 11 Internet Stocks

Citigroup equity research analyst Mark May initiated coverage on 11 Internet stocks on Tuesday.

Continue reading Citigroup Initiates Coverage on 11 Internet Stocks

Major Movers on June 25; NFLX, BKS, WAG, P, IPXL

Shares of Netflix Inc. (NASDAQ: NFLX) fell 3% by afternoon trade after Bernstein’s senior equity analyst, carlos Kirjner downgraded the internet streaming company’s stock to “underperform” from “market-perform”. Bernstein has a price target of $180. The firm said current valuation reflected “unrealistic expectations.” In his research note, Kirjner wrote, “We believe Netflix will grow its subscriber base, will expand its margins and will be able to replicate its business model in different geographies….However, we also believe that the stock’s current valuation reflects unrealistic expectations across all major economic and strategic levers of the business.”

Continue reading Major Movers on June 25; NFLX, BKS, WAG, P, IPXL

Major Movers on June 17; TEX, RXN, ANR, DWRE, DWA, NFLX

Shares of Terex Corp. (NYSE: TEX) slumped about 9.75% by afternoon trade after the heavy equipment maker slashed its full-year earnings forecast even as it provided weak outlook for the fiscal second quarter amid falling sales trends.

Continue reading Major Movers on June 17; TEX, RXN, ANR, DWRE, DWA, NFLX

DreamWorks Signs Multi-Year Deal With Netflix (DWA, NFLX)

DreamWorks Animation Skg Inc. (NASDAQ: DWA) has entered in a multi-year agreement to produce in excess of 300 hours of content for internet-video streaming company Netflix Inc. (NASDAQ: NFLX).

Continue reading DreamWorks Signs Multi-Year Deal With Netflix (DWA, NFLX)

Major Movers on April 23; NFLX, COH, CZR, LXK, VCO, SANM

Shares of Netflix Inc. (NASDAQ: NFLX) soared about 22% in early trade after the movie streaming and DVD rental company, late last evening reported stronger-than-expected fiscal first quarter results as revenue was bolstered by stunning growth in US subscribers’ base.

Continue reading Major Movers on April 23; NFLX, COH, CZR, LXK, VCO, SANM

Major Movers on April 22; NFLX, BIIB, SIX, NVR, HAL

Shares movie streaming and DVD rental Company Netflix Inc. (NASDAQ: NFLX) climbed about 5.60% by afternoon trade after analysts at at B. Riley & Co upgraded the stock from “sell” to “buy” rating, and boosted the price target on the stock to $165 from $90. Earlier on April 15, another equity research firm BS AG initiated the coverage of the stock with a “buy” rating and set a price target of $250.0 a share.

Continue reading Major Movers on April 22; NFLX, BIIB, SIX, NVR, HAL

Major Movers on March 26; SONC, BRP, NFLX, PLCE, ZIOP, SVU, RFMD

Shares of Sonic Corporation (NASDAQ:SONC) rallied after the drive-in restaurant chain, late last evening reported fiscal second quarter non-GAAP earnings which came in-line with Street’s expectation as expenses fell. Revenue however fell marginally short of Street’s expectation.

Continue reading Major Movers on March 26; SONC, BRP, NFLX, PLCE, ZIOP, SVU, RFMD

Major Movers on March 13; DOLE, EXPR, NFLX, WAG, COH, DWA

Shares of Dole Food Company Inc. (NYSE: DOLE) slumped on Wednesday after the fruit and vegetable producer late last evening reported that it swung into a loss in its fiscal fourth quarter as fresh fruit sales were impacted due to divestiture while costs associated with the deal weighed on the bottom line.

Continue reading Major Movers on March 13; DOLE, EXPR, NFLX, WAG, COH, DWA