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7 Of The World's Most Famous Corporate Rivalries
Thursday, December 3, 2015 - 11:41am | 1683Cats and dogs, the Red Sox and the Yankees, Batman and the Joker— everyone loves a good rivalry, especially in America. Competition is a mainstay in the corporate world, and long-lasting competitive relationships have given rise to some of the fiercest rivalries on Wall Street. Most big name firms...
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Indiegogo Founder: Netflix Is 'Impressive' And 'Incredible,' Won't Bet Against Hastings
Monday, March 16, 2015 - 3:38pm | 392Netflix, Inc. (NASDAQ: NFLX) shares slumped by almost 4 percent Monday on back of the stock being downgraded by analysts at Evercore ISI to Sell. However, a lot of people don't agree with the downgrade. Among them is Slava Rubin, co-founder and CEO of Indiegogo. Rubin was on CNBC to...
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BTIG Raises Price Target On Lending Club, Sees Consumer Shift
Monday, December 15, 2014 - 3:11pm | 236BTIG raised its price target on Lending Club Corporation (NYSE: LC) from $19 to $31 and reiterated its Buy rating. Analyst Mark Palmer “observed that during the company’s pre-IPO venture-round capital raises, its valuation was consistently between 0.8x and 0.9x its total origination...
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Outdoor Hub Founder David Farbman Is On A Mission To Help Others Embrace Their "Inner Hunter"
Tuesday, April 22, 2014 - 11:33am | 644David Farbman, the serial entrepreneur that founded Outdoor Hub, Carbon Media Group and other growing enterprises, is on a mission. His new book, The Hunt: Target, Track, and Attain Your Goals is available now. He wrote the book to share his strategy and philosophy for achieving success, hoping...
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Remaining Blockbuster Stores to Close By End of the Year
Thursday, December 5, 2013 - 3:38pm | 239The official end to the Blockbuster era is right around the corner. With no buyers lined up, Blockbuster locations across the United Kingdom will cease rentals on Saturday, December 7, as management initiates a strategy on finalizing the last stage of the company's bitter, but hardly surprising...
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DISH Network and Disney Reportedly Closing in on Programming Deal
Wednesday, November 13, 2013 - 4:26pm | 754It looks like the dispute between Dish Network (NASDAQ: DISH) and Walt Disney (NYSE: DIS) over programming issues may be resolved without the much-feared blackout of some very popular cable channels for Dish subscribers. At issue is the satellite-television provider's carriage of some much-...
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Netflix Soars on Earnings Beat
Thursday, January 24, 2013 - 12:00pm | 497Online movie and television giant Netflix (NASDAQ: NFLX) has soared over 40 percent on Thursday on news of a better-than-expected fourth quarter. The Los Gatos, California company reports an EPS of $0.13 for the quarter - almost 5 times less than the $0.64 reported during the same period in 2011...
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One Less Competitor for Netflix
Friday, October 5, 2012 - 2:04pm | 411Like a good TV series preparing for a season finale, Netflix (NASDAQ: NFLX) -- along with its leading co-stars Hulu and Amazon Prime (NASDAQ: AMZN) -- is getting ready to kill off a supporting character. This character (which goes by the name of Blockbuster Video) has been around for some time,...
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Static-free Quarters for Comcast & DIRECTV Blur DISH Network's Results
Monday, May 7, 2012 - 1:56pm | 566DISH Network (NASDAQ: DISH) reported earnings this morning that underwhelmed in terms of less-than-expected revenue and EBITDA missing expectations. Weaker numbers answer why the satellite provider started the day off trading down almost 3%, however, the company did have some commendable news to...
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Is Coinstar the Future of Video Rentals?
Wednesday, February 8, 2012 - 10:14am | 1209Has the change-counting kiosk maker come up with the perfect formula for video renting success? For roughly two decades, when consumers wanted to rent a movie, they went to Blockbuster Video. There were other video chains in the mix as well, such as Family Video and Hollywood Video. But it was...
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Why is Coinstar the Only Company that Understands the Value of DVDs?
Tuesday, February 7, 2012 - 10:32am | 405Streaming video may be the future, but most companies have forgotten that we are living in the present. As most Benzinga readers are now aware, Verizon (NYSE: VZ) and Coinstar (NASDAQ: CSTR) have teamed up to destroy the nation's video rental service: Netflix (NASDAQ: NFLX). In addition to this...
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Five Reasons Why Netflix Won't Be Around in Five Years
Thursday, January 26, 2012 - 10:45am | 1233Your favorite DVD and streaming video service is on the cusp of destruction. Reed Hastings, the CEO of Netflix (NASDAQ: NFLX), knew his enterprise was in trouble the moment he saw the response to the company's infamous DVD hike. But he had no idea that his stock would continue to tumble for the...
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Did Apple Secretly Kill Off MegaUpload?
Tuesday, January 24, 2012 - 12:34pm | 902The popular file-hosting site is officially closed. But is someone other than the DOJ to blame? Users of Google+ are buzzing with controversy this week as people begin to realize that MegaUpload's closure came just one month after the company announced a new streaming music service: MegaBox....
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Has Apple Sentenced American Greetings Corp. to Death?
Wednesday, October 5, 2011 - 2:06pm | 630If Lazy Joes and Lazy Janes can pick and send cards from home, they won't ever leave the house again. What about Americans who weren't the inspiration for the humans in Wall-E? They will still leave the house. They can't help it; it's who they are. But if you were to give them a superior card-...
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Is it Time to Invest in Blockbuster?
Monday, September 26, 2011 - 8:30pm | 457Image via CrunchBase A controversial move by CEO Reed Hastings of Netflix has sent the company stock into a free fall. Netflix (NFLX) seemed to be owning the entertainment content world with streaming movies, TV episodes, and shipping disks straight to your house for around 8 dollars a month. It...