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Stock Futures Lag Ahead Of Open; Netflix, Cree Soar On Earnings

2015-01-21 15:59:57| Semiconductors - Topix.net

Dow futures were 49.2 points below fair market value. Nasdaq 100 futures were down a slim 5.9 points.

Tags: open stock ahead earnings

 

Netflix adds 13 mln subs in 2014, plans global expansion

2015-01-21 08:48:00| Telecompaper Headlines

(Telecompaper) Netflix announced plans to accelerate its international expansion, after adding 13 million new customers in the past year. The company reported growth in the fourth quarter ahead of its outlook, adding 4.33 million new streaming customers for a total 57.39 million. Netflix said it's now profitable in its first markets launched outside the US. It will expand to Australia and Zew Zealand by March and more countries by the end of this year. Already available in 50 countries, Netflix aims to grow to around 200 markets worldwide by 2017, including China. The international expansion and investments in content led to negative free cash flow of USD 78 million in Q4. Netflix still had USD 1.6 billion in cash at year-end and said it aims to raise around USD 1 billion this year in a debt offering. The company's operating profit fell to USD 65 million in Q4 from USD 82 million a year earlier, while net profit rose to USD 83 million from USD 48 million, helped by a one-time tax gain of USD 39 million.

Tags: global plans expansion adds

 
 

Report: Netflix, Marriott Team Up for In-Room Streaming

2015-01-20 23:01:50| PC Magazine Software Product Guide

The hotel chain is letting guests at eight of its properties access Netflix, Hulu, and Pandora.

Tags: report team streaming marriott

 

Netflix shares up on strong earnings

2015-01-20 22:40:41| BBC News | Business | UK Edition

Shares in internet TV streaming service Netflix jump over 12% in after-hours trading after the company reports better-than-expected fourth quarter earnings.

Tags: strong shares earnings netflix

 

Kudelski and Netflix enter long term business relationship

2015-01-13 18:30:11| Digital TV News

Netflix (NASDAQ: NFLX) and the Kudelski Group (SIX:KUD:S) have announced that they have entered into a product relationship enabling Kudelski to pre-integrate its NAGRA anyCAST content protection and OpenTV connectware products with the Netflix service.

Tags: business long enter term

 

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