DALLAS, Texas - Today’s Trade Alerts include: Netflix Inc. (Nasdaq: NFLX), Blockbuster Inc. (NYSE: BBI), Barnes & Noble Inc. (NYSE: BKS), Wal-Mart Stores Inc. (NYSE: WMT), Borders Group Inc. (NYSE: BGP), and Amazon.com Inc. (Nasdaq: AMZN).
“Netflix Inc. (NFLX) shares slipped less than 1% Friday mid-day, losing 3 cents to $31.87. Netflix provides online movie rental subscription services in the United States...
“The company recently said technicians were able to resolve the major technical problems that occurred over the past three days. The unspecified problems, which affected all of the company's 55 shipping centers, severely limited the number of DVDs it could send out. It marked the biggest disruption in service since Netflix launched its DVD-by-mail subscription business nine years ago…
“Netflix provides its subscribers access to a library of movie, television and other filmed entertainment titles on digital versatile disc (DVD)...”
“Blockbuster Inc. (BBI) shares climbed 2.50%, or 6 cents, to $2.46 Friday near noon. Blockbuster, together with its subsidiaries, operates and franchises entertainment-related stores in the United States and internationally…
“The company recently posted a second quarter loss of $44.7 million, or 23 cents per share, compared to an 18 cent per share loss in the year-ago quarter. However, with improved sales, up 3% from last year to $1.3 billion, the company raised its outlook, predicting a profit of between $21 million and $36 million for the whole year…
“Blockbuster offers pre-recorded videos, as well as video games for in-store rental, sale and trade, and also sells other entertainment-related merchandise. It also offers rental and retail movie entertainment through the Internet and by mail in the United States…”
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