Tag Archives: nflx

Netflix gets price-target cut on international losses

Netflix’s (NFLX) accelerated global rollout will lead to steeper-than-expected international losses this year for the Internet video-streaming service, Cowen analyst John Blackledge said in a report Tuesday. Those losses, coupled with foreign-exchange headwinds, prompted Blackledge to trim his price target on Netflix stock to 150 from 154. Netflix stock was up 1%, near 116, in afternoon trading on the stock market today. Netflix CEO Reed Hastings

Amazon Halts Losing Streak On Globe Wins, HBO Talk

Amazon (AMZN) battled back from midday weakness to end a seven-session losing streak in the stock market today as the e-commerce giant’s streaming video service impressed at Sunday night’s Golden Globe awards. Amazon’s original “Mozart in the Jungle” won best comedy TV series and best actor in a comedy TV series. Netflix (NFLX) received eight nominations but no awards, while Hulu, which is co-owned by Disney (DIS), Fox (FOXA) and Comcast (CMCSA),

Netflix skunked by Amazon.com at Golden Globe Awards

Despite topping all other TV networks for nominations at the annual Golden Globe Awards, Netflix (NFLX) came away empty-handed at the prime-time ceremony Sunday night in Beverly Hills, Calif. Instead, streaming video rival Amazon.com (AMZN) surprised with two awards for its series “Mozart in the Jungle.” Netflix received eight nominations at the 73rd Golden Globe Awards, run by the Hollywood Foreign Press Association, for original programs such