Netflix, Inc. (NASDAQ:NFLX) released that its Q2 net earnings of $26.3M or $0.06 a share as compared with $71M or $0.16 a share previous year. The revenues for the quarter were $1.64B as compared by means of $1.34B in the previous year. Analysts polled by Thomson Reuters anticipated earnings of […]

Citigroup cut its its rating on shares of Netflix, Inc. (NASDAQ:NFLX) to “Neutral” from “Buy” and Societe Generale downgraded the stock to “Sell” from “Buy.” The activist investor Carl Icahn also declared that he has sold his remaining stake in Netflix. Netflix gapped open lower Thursday and fell during the first […]

Freeport-McMoRan Inc. (NYSE:FCX) released that its wholly-owned subsidiary, Freeport-McMoRan Oil & Gas Inc., has filed a registration statement on Form S-1 by means of the U.S. SEC associated to its possible IPO of Class A common stock representing a minority interest in Freeport-McMoRan Oil & Gas. The size of the proposing […]

An exciting deal is coming up to benefit Netflix owners who are also fan of Disney movies and epics. Starting first on January next year all the animated films from the production media house releasing on streaming service would hit Netflix. This means if Marvel movies, or Star Wars epic […]

Netflix and Comcast have struck a deal and with this the customers of Comcast would be able to stream content of Netflix through their set-top box similar to regular cable channel. The new service will be made available into the X-1 box, which is billed by Comcast as its next-gen […]