Showing posts with label Netflix. Show all posts
Showing posts with label Netflix. Show all posts

Sunday, August 5, 2007

Netflix shares poised to rally - Barron's

(Reuters) - "At some point, Blockbuster will cry uncle and raise
prices, and Netflix shares will almost certainly rally," said
Barron's in its technology column.




Netflix might also be an acquisition target, notably by
Amazon.com , said Barron's.



Read more at Reuters.com Mergers News

Wednesday, June 13, 2007

Blockbuster shares up 10 pct after Citi upgrade

(Reuters) - Citigroup analyst Tony Wible, who cut his rating on Netflix on Tuesday, raised his rating on Blockbuster late that evening, saying the company's marketing expenses to promote its Total Access online offering "are now fully priced into the stock." He also cited improving box office returns and a lessening near-term threat from video-on-demand.




Blockbuster and Netflix have been battling over the online DVD rental market, which is projected to grow by 43 percent this year. Netflix has a larger subscriber base, but Blockbuster has been growing faster since the launch last year of its Total Access plan, which let online subscribers swap DVDs at its stores for free rentals.


Read more at Reuters.com Hot Stocks News

Wednesday, June 6, 2007

Netflix stock up on Amazon takeover talk -analysts

(Reuters) - A Netflix spokesman said the company does not comment on
"rumors and speculation." Amazon representatives could not
immediately be reached for comment.




Netflix shares closed up 5.7 percent, or $1.21, at $22.60
on Nasdaq. Amazon ended down 1.8 percent, or $1.36, at $72.29.


Read more at Reuters.com Mergers News