Netflix, Inc. (NASDAQ: NFLX) is set to report earnings shortly. Because of all of the recent attention to web movies out of Apple, competition increasing from Blockbuster, digital on-demand downloads, a slowing…
Douglas A. McIntyre Most of the talk about Apple’s (AAPL) new movie rental business centers around what will happen to bit players like Netflix (NFLX) and Blockbuster (BBI). While it is not clear that consumers…
This is the list for just one day. The wild paroxyxm of announcements at the Consumer Electronics Show has begun. Yahoo! (YHOO) says it will open up the software for its mobile…
According to Reuters, manufacturing weakness in the US has raised new fears of recession. Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again. Reuters reports that…
We’ve all heard by now that Apple (NASDAQ:AAPL) is in a deal with News Corp’s (NYSE: NWS) Fox for a movie rental download deal. Apple is Since Apple TV is still referred…
December 6 was the biggest online sales day in history, at least according to comScore. Online buyers spent $803 million dollars that day. up 28% from the same day last year. It…
Wall St. could tell right away that it was a huge quarter. Within seconds of the earnings release, Netflix (NFLX) shares were up 18% to almost $27.20 Revenue for the third quarter…
Douglas A. McIntyre According to Reuters, China CITIC Bank is bidding to buy a stake in Bear Stearns (BSC) Reuters reports that the National Retail Federation’s survey of its members shows retail sales are expected…
Below is the short interest for major company stocks traded on the Nasdaq. The figures are from August 15 and compare to numbers from July 13, 2007. Investors were not willing to…
According to Reuters, China Mobile’s (CHL) net rose 28%. Reuters writes that Amgen (AMGN) will fire 14% of its sales force. Reuters reports that Hasbro (HAS) will increase inspection of products from…
In 1942, economist Joseph Schumpeter came up with the notion of "creative destruction". The term became more popular in the 1970s and 1980s as Wal-Mart (WMT) ran K-Mart out of town and…
According to Reuters, Dow Jones (DJ) controlling Bancroft family met to discuss Rupert Murdoch’s bid for the company and should vote later this week. Reuters writes that revenue and income fell at…
NetFlix (NFLX) lost 12% of it market value today and fell as low as $17.17. That was until Wall St. saw the company’s earnings. Revenue for the second quarter of 2007 was…
Douglas A. McIntyre NetFlix (NFLX) will drop its DVD rental fees to match those that Blockbuster (BBI) charges for DVDs sent to customers through the mail. According to The Associated Press "Netflix will charge $16.99…
Douglas A. McIntyre Start with this. Blockbuster (BBI) has $2.4 billion in rent due from now until its last current store lease expires. Of its 5,194 stores, 939 were operated through franchisees. Blockbuster only pays…
Douglas A. McIntyre