Internet Retail

Bloomberg is reporting that DISH Network (NASDAQ: DISH) is planning on introducing a Blockbuster streaming-movie service which will compete with Netflix (NASDAQ: NFLX). The service is set to be unveiled next month according to the report. According to Bloomberg's sources, DISH designed the timing...

Morgan Keegan is out with its report today on Netflix (NASDAQ: NFLX), lowering its PT from $295 to $240. In its report, Morgan Keegan writes, "NFLX shares will clearly face near-term pressure as 1) price changes and 2) Starz create uncertainties around gross adds, churn, and GM. Reduce PT to $240...

Stifel Nicolaus is out with its report today on Netflix (NASDAQ: NFLX), maintaining Hold. In its report, Stifel Nicolaus writes, "We maintain our Hold rating on shares of Netflix, which currently trade at an EV multiple 14.6x our 2012 adjusted EBITDA estimate of $848.3 million. We have not...

Jefferies is out with its report today on Netflix (NASDAQ: NFLX), maintaining Hold. In its report, Jefferies writes, "Starz ended renewal negotiations for the contract, which essentially provided NFLX with newer movie content from Sony Pictures and Disney. While this leaves a hole in NFLX's newer...

Finisar Corporation (NASDAQ: FNSR) +8.55% on upbeat earnings that were reported yesterday after the close. Parker Drilling Company (NYSE: PKD) +16.43% on heavy volume Netflix (NASDAQ: NFLX) -9.76% after Starz Programming negotiations failed yesterday. H&R Block (NYSE: HRB) -7.44% on despite...

Merriman is out with its report today on Netflix (NASDAQ: NFLX), maintaining Neutral. In its report, Merriman writes, "While we continue to believe Netflix management continues to make the right decisions to secure long-term growth opportunities by expanding beyond the domestic market, we remain...

Morgan Keegan has lowered the price target on Netflix (NASDAQ: NFLX) from $295 to $240 and maintains its Market Perform rating.

Bank of America Merrill Lynch is out with its report today on Netflix (NASDAQ: NFLX), lowering its PT to $285 from $335. In its report, Bank of America Merrill Lynch writes, "Starz just published a press release announcing that they are withdrawing from contract renegotiations with Netflix to...

Netflix Inc (NASDAQ: NFLX) fell 8.48% to $213.50 in the pre-market trading. Starz has ended talks to renew its streaming deal with NFLX. Bank of America Corporation (NYSE: BAC) dipped 3.54% to $7.63 in the pre-market session. The New York Times reported that the Federal Housing Finance Agency may...

Bank of America has lowered the price objective on Netflix (NASDAQ: NFLX) from $335 to $285 and maintains its Buy rating.