Netflix Sees Break Even in 2005, Stock Down 35 Pct
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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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U.S. stocks looked to open slightly  weaker on Monday, as a drop in crude prices looked to be offset  by lower technology shares, led by Microsoft as the stock goes  ex-dividend.
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Will discontinue HD DVD Online video rental outfit Netflix has raised its colours in the Blu-ray camp by announcing it will stop buying new HD DVD discs and phase out existing stock by "about the end of the year".â¦
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Online DVD rental company Netflix  Inc  on Tuesday said it is considering a broad range of  options as part of its strategy to allow subscribers to  download movies from the Internet.
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Netflix took a double hit on Tuesday, as its Web site outage moved into a second day, and it reported the first quarterly customer losses in its history.
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Online DVD renter Netflix Inc.  on Monday pledged to stick to a costly plan to double its subscriber base by next year despite a price war with rival video chain Blockbuster Inc. that analysts warn could threaten its future.
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Netflix Inc will not cut its price for online DVD rentals to match lower fees set on Wednesday by rival Blockbuster Inc.  in an escalating battle for online subscribers, Netflix Chief Executive Reed Hastings said.
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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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US stocks were set for a slightly lower open Thursday as disappointing results from coffee shop chain Starbucks and volatile oil prices may take the steam out of yesterday&#39;s rally.
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Netflix has announced it is not longer supporting HD DVD.
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UK blue chips closed lower, off the day's highs, with a weak start on Wall Street, ahead of Thursday's Thanksgiving holiday, and fading bid hopes at ITV weighing on market sentiment, dealers said.
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Japan&#39;s Nikkei 225 Stock Average fell. Mitsubishi Tokyo Financial Group Inc. dropped after a competitor made a hostile takeover bid for UFJ Holdings Inc.
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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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Big Internet stocks have fallen  25 percent to 40 percent in the last quarter and haven't looked  cheaper in years. But despite expected strong year-end results,  many investors are likely to shy away in the short run.
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Netflix Inc.'s fourth-quarter profit soared past analyst expectations as the online DVD rental service gained 451,000 customers, providing further evidence the company has regained the upper hand in its bruising battle with rival Blockbuster Inc.
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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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Stung by the recent success of rival Blockbuster Inc., online DVD rental pioneer Netflix Inc. battled back in the third quarter with lower prices that revived subscriber growth and catapulted its profit well beyond analyst expectations.