Posts Tagged ‘ Netflix ’

Netflix Second Quarter Shortfall Prediction Sends Stock Down

Apr 26th, 2011 | By
Netflix Second Quarter Shortfall Prediction Sends Stock Down

Mail-order and online movie rental service Netflix released its first-quarter results Monday and announced second-quarter profit projections that fell short of analyst expectations. The announcement sent Netflix stock falling $12.52, or 5 percent, to $239.15 in extended trading, as shares lost 55 cents to $251.67 at 4 pm New York time in Nasdaq Stock Market
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Amazon Challenges Netflix with Streaming Video

Feb 22nd, 2011 | By
Amazon Challenges Netflix with Streaming Video

Amazon announced Tuesday that it will begin offering an unlimited streaming-video service to members of its Amazon Prime service. This move will place it in direct competition with online video provider Netflix. Amazon said it will offer 5,000 movies and TV shows for unlimited online streaming to US members of Amazon Prime. Amazon Prime includes
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