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Netflix Inc (NFLX.O)

NFLX.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Soros Fund Management takes share stake in Apple, cuts share stake in Netflix
Monday, 15 May 2017 05:34pm EDT 

May 15 (Reuters) - Soros Fund Management::Soros Fund Management takes share stake in Apple Inc of 1,400 shares - SEC filing.Soros Fund Management ups share stake in American Airlines Group Inc to 116,950 shares.Soros Fund Management cuts share stake in Netflix Inc by 12.9 percent to 131,966 shares.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Tiger Global Management takes share stake in Netflix, cuts in Fleetcor
Monday, 15 May 2017 02:39pm EDT 

May 15 (Reuters) - Tiger Global Management LLC:Tiger Global Management takes share stake in Netflix Inc of 429,000 shares.Tiger Global Management raises share stake in Restaurant Brands International Inc by 5.6% to 2.43 million shares.Tiger global management cuts share stake in Fleetcor Technologies Inc by 52.1% to 1.4 million shares - SEC Filing.Tiger Global Management - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Omega Advisors Inc takes share stake in Alcoa, Netflix
Monday, 15 May 2017 11:32am EDT 

May 15 (Reuters) - Omega Advisors Inc::Omega Advisors Inc takes share stake in Alcoa Corp of 200,000 shares - SEC filing.Omega Advisors Inc ups share stake in Dish Network Corp by 51.6 percent to 1.1 million Class A shares.Omega Advisors Inc takes share stake in Ally Financial Inc of 790,000 shares - SEC filing.Omega Advisors cuts share stake in Microsoft to 436,570 shares from 803,620 shares.Omega Advisors Inc takes share stake of 77,700 shares in Netflix Inc.Omega Advisors Inc cuts share stake in Pandora Media Inc by 36.4 percent to 1.9 million shares.Omega Advisors Inc dissolves share stake in Delta Air Lines Inc.Omega Advisors dissolves share stake in Anadarko Petroleum Corp.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Netflix announces 400 new jobs in Europe
Thursday, 11 May 2017 11:32am EDT 

May 11 (Reuters) - Netflix Inc :Netflix announces 400 new jobs in Europe and two new European original series.Expanding workforce complements $1.75 billion investment in European content, with at least 6 new European original projects to be announced in 2017.The hub will employ initially a workforce of 170, growing to 345 by the end of 2017 and surpassing 400 by the end of 2018.  Full Article

Citigroup lists 7 potential takeover targets for Apple
Friday, 5 May 2017 09:37am EDT 

May 5 (Reuters) - Apple Inc :Citigroup lists netflix nflx.o as top potential takeover target for co - trader.Citigroup lists tesla, take-two, activision blizzard, electronic arts, disney among other potential takeover targets for co - trader.Citigroup also lists hulu as potential takeover target for co - trader.  Full Article

Iqiyi signs licensing agreement with Netflix for popular shows
Friday, 28 Apr 2017 12:00am EDT 

April 28 (Reuters) - :Iqiyi signs licensing agreement with Netflix for popular shows.Iqiyi- deal covers Netflix's premium shows such as sci-fi series black mirror and stranger things for simultaneous premier in china.Iqiyi- deal also expected to help drive out pirated contents in chinese market by feeding local viewers with copyrighted contents of high definition.Iqiyi-Licensing agreement with Netflix to give iqiyi streaming rights in china to netflix's popular dramas, cartoons, documentaries and reality shows.  Full Article

Netflix prices EUR 1.3 bln offering of senior notes
Wednesday, 26 Apr 2017 02:52pm EDT 

April 26 (Reuters) - Netflix Inc ::Netflix prices €1.3 billion offering of senior notes.Pricing of an offering of EUR 1.3 billion aggregate principal amount of 3.625% senior notes due 2027.Interest on notes will be payable in cash semi-annually in arrears, beginning on November 15, 2017.Notes will mature on May 15, 2027.May redeem notes, in whole or in part, at price of 100% of amount thereof plus a "make-whole" premium and accrued and unpaid interest.  Full Article

Netflix announces proposed 1 bln euro offering of senior notes
Monday, 24 Apr 2017 03:20am EDT 

April 24 (Reuters) - Netflix Inc :Netflix announces proposed 1 billion euro offering of senior notes.Netflix intends to use net proceeds from this offering for general corporate purposes.  Full Article

Netflix reports quarterly earnings of $0.40 per share
Monday, 17 Apr 2017 04:51pm EDT 

April 17 (Reuters) - Netflix Inc :Quarterly revenue $2.64 billion versus $1.96 billion.Quarterly earnings per share $0.40.Q1 U.S. streaming net additions 1.42 million versus co's forecast of 1.5 million.Says it expects to cross the 100 million member mark this weekend.Sees Q2 U.S. streaming net additions 0.60 million.Sees Q2 international streaming net additions 2.60 million.Sees Q2 total streaming revenue $2,640 million.Q1 total streaming net additions 4.95 million versus co's forecast of 5.20 million.Sees Q2 earnings per share $0.15.Q1 earnings per share view $0.37, revenue view $2.64 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Sees Q2 total streaming net additions of 3.20 million.3.53 million international streaming net additions in Q1 versus co's forecast of 3.7 million.Netflix says any move similar to Amazon's move into NFL football "is not a strategy that we think is smart for us"."We'll spend over $1 billion in 2017 marketing our content to drive member acquisition".Says due to content, primarily house of cards season 5, moving from Q1 to Q2, co had higher operating margins in Q1 at 9.7% than plan for year.Says continue to plan to have around $2 billion in negative free cash flow this year.Says it continues to plan to have around $2 billion in negative free cash flow this year.Says forecast operating margin at 4.4% in Q2.  Full Article

Netflix Chief Talent Officer to leave company
Friday, 7 Apr 2017 07:00pm EDT 

Netflix Inc : Greg Peters to become Netflix chief product officer in July . Chief Talent Officer Tawni Cranz, who joined company in 2007, would leave company and pursue other interests .Neil Hunt to leave company mid-year.  Full Article

More From Around the Web

BRIEF-Soros Fund Management takes share stake in Apple, cuts share stake in Netflix

* Soros Fund Management takes share stake in Apple Inc of 1,400 shares - SEC filing