5 Hidden Surprises in Netflix's Great Quarterly Report
Shares of Netflix opened sharply higher on Tuesday after it posted blowout results. But there's more to the leading video service's good news than just the top line numbers.
Shares of Netflix opened sharply higher on Tuesday after it posted blowout results. But there's more to the leading video service's good news than just the top line numbers.
From sluggish PC sales to Facebook regaining an important advertiser to a department store chain finally ousting its inept CEO, here are the wonders and blunders of the week.
The Securities and Exchange Commission says public companies can make significant announcements on social media sites, if they tell investors which sites they intend to use.
CEOs of struggling companies managed to avoid the axe and will head into 2013 with their jobs intact... for now. We decided to take stock of a few of these endangered executives to assess which ones will get through 2013 in one piece.
Microsoft's unveiled the Surface tablet Monday, and this new iPad foe will of course be met with some skepticism. But there are plenty of reasons to take the world's largest software company seriously here. Here are five reasons to get excited.
Netflix posted reasonable results Monday, but the video service giant's stock took a big hit due to weak revenue guidance. Concerns about Netflix may be valid, but let's look more deeply at what it revealed in its quarterly report.
When "Mad Men" came back to AMC after a long break, the 1960s ad executives saw a 20% spike in ratings, and the reason why is as clear as a dry martini: Millions of viewers have streamed the first four seasons on Netflix.
Old economy powerhouse Walmart is looking to pick up a little new economy shine from Google with the addition to its board of one of the dot-com giant's most visible executives, Marissa Mayer.
Netflix wants to thank you for your loyalty. The beleaguered video rental giant is offering subscribers to its DVD plans an extra disc this month. No catch, no bait and switch: Just a straight good will gesture after a year of missteps.
If Netflix's poorly received rate hike and Qwikster fiasco didn't leave you questioning CEO Reed Hastings' ability to lead the video buffet operator, Monday night's quarterly report should do the trick. But it'll take more than strategic missteps and fumbled apologies to send the CEO packing.
There's never a dull moment on Wall Street, especially when new tablets and old banks are in the way. Let's go over some of the items that will help shape the week ahead once Monday rolls around.
Realizing that the consumer is usually right, Netflix is abandoning plans to separate its streaming business from its mail-order roots. Here's why Qwikster -- the site that would have served as the new home for customers receiving discs by mail -- was mercifully killed by the former tech darling this morning, sending shares higher.
On a split-adjusted basis, Apple went public at $2.75 a share 31 years ago; the stock closed at $378.25 yesterday. Investors lucky enough to hold for the entire period have enjoyed a 17% annualized return. Find a founder capable of delivering on a similar scale and you'll have a much easier time funding your retirement.
The three months since Netflix announced its price change have been fairly disastrous for the company, with the stock down 60% from its peak. But reports of Netflix's death are exaggerated: Vulture-like investors hoping to pick up shares at rock-bottom prices should hold out. Here's why.
It doesn't take long to go from hero to goat on Wall Street. Just ask Netflix. The video rental giant has gone from hitting all-time highs just two months ago to busting through new 52-week lows. To blame? A widely criticized price adjustment and its recent Qwikster launch.













