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Netflix sees strong customer growth continuing

2016-01-20 08:30:00| Telecompaper Headlines

(Telecompaper) Netflix reported better-than-expected customer growth at its international operations in the fourth quarter. The streaming video service added 4.04 million customers outside the US, more than the 3.5 million forecast, to reach a total of 30.02 million at the end of 2015. Customer growth in the US was slightly below expectations, at 1.56 million to 44.74 million. With a total 74.76 million streaming customers at year-end, Netflix added over 17 million customers in 2015. The company said it passed the milestone of 75 million customers on 01 January, and the recent launch in 130 more countries is expected to take it to over 80 million by the end of Q1 2016. Revenue in the fourth quarter rose to USD 1.67 billion from USD 1.31 billion a year ago, in line with the company's forecast. Net profit fell to USD 60 million or 10 cents a share from USD 65 million or 19 cents a share a year earlier due to losses in new markets and costs of original content. The loss at the international operations swelled to USD 109 million in the quarter, but was smaller than the company's guidance of USD 117 million. In Q1 the international loss is expected to increase further to USD 114 million. 

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Carlsberg sees non-alcoholic beer boom in Denmark, readies wheat variant

2016-01-19 15:20:00| Daily beverage news and comment - from just-drinks.com

Carlsberg has reported a leap in sales of its non-alcohol beer offering in its domestic market, and has lined up the release of a wheat variant.

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California Resources Corp (CRC) Sees Significant Decrease in Short Interest

2016-01-18 10:18:23| Furniture - Topix.net

California Resources Corp was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 33,325,209 shares, a decrease of 14.5% from the December 15th total of 38,957,440 shares, AnalystRatings.NET reports.

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Nike Inc (NKE) Sees Large Increase in Short Interest

2016-01-17 13:26:03| Apparel - Topix.net

Nike Inc was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 11,873,241 shares, an increase of 103.1% from the December 15th total of 5,845,961 shares, ARN reports.

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Pfizer Inc. (PFE) Sees Large Increase in Short Interest

2016-01-17 11:36:07| Biotech - Topix.net

Pfizer Inc. saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 123,454,015 shares, a growth of 44.1% from the December 15th total of 85,657,779 shares, MarketBeat Ratings reports.

Tags: large short interest increase

 

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