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Netflix Down 5.3% As BSkyB Plans Streaming

Shares of video rental provider Netflix Inc. (NFLX) were down 5.3% Tuesday after British Sky Broadcasting Group Plc (BSY.LN) announced a plan to challenge Netflix's recent U.K. launch with a streaming video service of its own. The service, which will get underway in the next six months, will have unlimited access to a package of Hollywood movies for a monthly subscription fee, according to a report in The Wall Street Journal. Netflix rolled out its streaming offering in the U.K. less than a month ago, as part of its attempt to expand to overseas markets. Netflix stock has been on a tear of late, up 29% over the past week and 71% in the last 30 days, amid renewed optimism about the company's streaming service. -David B. Wilkerson; 415-439-6400; AskNewswires@dowjones.com

Stock News for Netflix (NFLX)
DateTimeHeadline
07/22/201411:06:33TECH STOCKS: Apple, Microsoft On The Rise With Earnings On Tap
07/22/201409:46:18U.S. Hot Stocks: Hot Stocks to Watch
07/21/201417:10:46Netflix Earnings More Than Double
07/21/201416:34:43MARKET SNAPSHOT: U.S. Stocks End Lower Amid Geopolitical Tensions
07/21/201414:05:14MARKET SNAPSHOT: U.S. Stocks Pare Opening Losses
07/21/201411:23:22TECH STOCKS: Netflix, EMC Lead Tech Gainers
07/21/201410:05:04MARKET SNAPSHOT: U.S. Stocks Open Lower; Gaza, Russia Headlines...
07/21/201409:10:39MARKET SNAPSHOT: U.S. Stocks: Futures Fall On Gaza, Russia Headlines
07/21/201408:02:36MARKET SNAPSHOT: U.S. Stocks: Futures Drop On Gaza, Russia Headlines
07/21/201406:06:46MARKET SNAPSHOT: U.S. Stocks: Futures Dip On Gaza, Russia Headlines
07/21/201406:03:12MARKET SNAPSHOT: U.S. Stocks: Futures Dip On Israel, Russia Headlines
07/21/201403:20:37MARKET SNAPSHOT: Small Caps' Slump, Ukraine Fears May Hold Up...
07/18/201418:53:57TECH STOCKS: Google Spurs Tech Gains Following Earnings
07/14/201418:36:37TECH STOCKS: Techs Gain Broadly; Apple Rises On Analyst Upgrade
07/01/201416:30:38MARKET SNAPSHOT: U.S. Stocks: S&P 500, Dow Set Fresh Records
07/01/201411:54:45MARKET SNAPSHOT: U.S. Stocks Keep Climbing After Manufacturing...
07/01/201410:10:23MARKET SNAPSHOT: U.S. Stocks Advance After PMI Data
07/01/201409:49:18MARKET SNAPSHOT: U.S. Stocks Open Higher, PMI Data Are Due
06/27/201413:43:42Bonnier to Buy Out Premium TV Firm C More
06/27/201410:53:39Bonnier Buys Stake in C More To Become Sole Owner

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