Saturday, September 25, 2010

Week in review: All about Netflix

Netflix launched its first international service on Wednesday (Sept. 22), offering streaming-only video subscriptions in Canada.
The company’s stock hit a new high on Friday, a day after rival Blockbuster announced it had filed for Chapter 11 bankruptcy protection.
The following is a roundup of my recent stories from Investor’s Business Daily at Investors.com and Click, IBD’s Tech Blog.

Netflix faces challenges in expanding beyond the U.S. Its launch in Canada will test streaming-only service. (Sept. 24, 2010)

Cisco Systems accessorizes its Flip Video camcorder line. (Sept. 24, 2010)

Blockbuster files for bankruptcy protection and consumers say good riddance. (Sept. 23, 2010)

Adobe crumbles on weak Q4 guidance. Stock down 16% afterhours. (Sept. 21, 2010)

Netflix reigns supreme on the IBD 100 list of top-performing companies this week. (Sept. 20, 2010)

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