Monday September 17, 2012

Grim Analyst Report Delivers Latest Hit To Netflix

More bad news for Netflix. Now that I think about it, I can't remember the last time Hastings and the crew got any good news. Can you?

Netflix Inc.'s stock slid nearly 6 percent Monday amid the latest round of investor concerns about the video subscription service's ability to make money and retain customers as it grapples with higher licensing costs and tougher completion.