The Internet retailing pioneer's era of dominance is over. There are other e-commerce companies that provide better investment opportunities.
The company's subscribers may place a higher value on TV series, which are more conducive to 'binge viewing' and are superior at engaging a fan base.
With a foolish Facebook update, CEO Reed Hastings repeats history and raises expectations too high.
Reed Hastings posts upbeat viewership comments on Facebook.
French voters effectively reject austerity; Holland's government collapses. Crude oil and gold fall. Netflix shares tumble after hours. Wal-Mart shares slump on Mexican bribery allegations. Apple falls ahead of earnings.
The online retailer's shares slump after third-quarter earnings miss Street estimates. Stocks fall on earnings and economic worries. Netflix shares drop nearly 35%. Gold hits $1,700 on new European uncertainty.
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.