Netflix Shares Flare on Amazon Rumors
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By Scott Duke Harris, San Jose Mercury News, Calif.  Jun.
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As our own Rick Munarriz reported earlier today, Netflix (Nasdaq: NFLX) announced its third-quarter earnings last night. The big news, though, was that the DVD-by-mail
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Online retailer Amazon.com  on Tuesday reported operating profit margins that concerned some analysts despite a sharp rise in quarterly earnings, and its shares fell 9 percent.
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Shares of Netflix Inc. (NFLX) plunged 40.2 percent before the bell Friday, the morning after the online DVD rental company said it would charge a lower subscription fee as of Nov. 1. On
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The market's shown mixed feelings for Amazon over the past year.
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Shares of Amazon.com Inc. fell 9 percent Friday after the online retailer reported third-quarter profits that tripled, but fell short of Wall Street estimates.
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Amazon.com Inc.'s second-quarter profit more than tripled, boosted by strong sales of books, music and electronics worldwide. The Web retailer's stock soared 11.3 percent in after-hours trading.
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Shares of Amazon.com rose nearly 9 percent yesterday after the Seattle online retailer said it recorded its best holiday season ever.
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SAN FRANCISCO (CBS.MW) -- Shares of Netflix tumbled 37 percent following the company&#39;s revelation that it plans to cut prices and sacrifice profit in order to stay competitive.
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Shares of mail-order DVD rental company Netflix Inc. plunged Thursday after it warned that it was slashing its subscription price in anticipation of Amazon.com Inc. entering an already crowded market.
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Netflix executives told analysts during a conference call Thursday that it was slashing its monthly fees by 18 percent and postponing its plans to expand in Europe so it could focus on meeting the threat from Amazon.
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Shares of online retailer Amazon.com  Inc rose more than 2 percent on Wednesday after the company  said the 2007 holiday season was its strongest to date.
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Bargain hunters may want to keep an eye on this stock.
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If you&#39;ve been eyeing Amazon.com (AMZN), you may wonder what got into the online heavyweight over the holidays. Shares shot up 8.5%, or $3.32, on the first trading day after Christmas, as Amazon said it logged a record 2.8 million orders in a single day.
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Plus: Matsushita profit up 22 percent...Amazon's profit up, margins squeezed...SAP cautious on 2008...Yahoo profit falls.
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The future suddenly looks shaky for online DVD rental pioneer Netflix Inc. - a plucky home entertainment upstart that managed to hold its ground after retailing giants Wal-Mart Stores Inc. and Blockbuster Inc. invaded its turf.
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Wall Street was set to start higher on  Tuesday to recoup some of the prior session's losses, though  high-profile retailer Amazon.com AMZN.O may come under  pressure after a broker downgrade.