Netflix Outlook Is Gloomy Despite a Profitable Quarter
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Sobering expectations â foreshadowed on Sunday when management announced the lower prices â weighed on the companyâs already drooping stock.
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The digital media company has suffered 11 straight quarterly deficits, and it isn't tapping into golden opportunities.
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The company reports mediocre earnings as investors remain nervous about the drug sector.
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Media group Emap warns annual profits will be at the bottom of expectations as it battles tough trading conditions.
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Investors of Netflix Inc. weren&#39;t waiting around Friday to see how the movie plays out should Internet retailer Amazon.com Inc.
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Has the moment that TiVo (Nasdaq: TIVO) and Netflix (Nasdaq: NFLX) investors have been waiting for finally come to pass? Well, speculation has turned to rumor, which many obviously hope will turn to fact.
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Netflix Inc. expects its profit to sag the rest of this year as the online DVD rental leader absorbs the cost of lowering its prices and upgrading its customer service to ward off an intensifying threat from rival Blockbuster Inc.
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Although earnings met expectations, the restaurant's comps and Q4 outlook are lacking.
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The electronics retailer has a tough quarter, as expected.
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Makes solid gains in 'seasonally weaker quarter'
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Have weak first-quarter earnings pulled the plug on this party?
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Online DVD rental company Netflix Inc. (NFLX.O: Quote, Profile, Research) on Wednesday raised its subscriber and revenue forecasts for the fourth quarter, saying a price cut had helped draw new customers.
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Online DVD rental service Netflix Inc. said Monday its third-quarter profit rose 23 percent, ahead of company expectations, as its subscriber base grew.
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Online DVD rental company Netflix Inc. on Thursday cut its subscription price and said it was changing its strategy to sacrifice healthy profits for growth in the face of strong competition.
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The company's dismal earnings have dimmed investor enthusiasm.
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Comcast Corp. (CMCSA.O: Quote, Profile, Research) , the largest US cable operator, on Wednesday posted a quarterly profit that fell short of Wall Street forecasts but reported better-than
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Investors hit the rewind button on Netflix Inc. shares Friday, sending the DVD rental company&#39;s stock down 41 percent amid an intensifying price war.