In 11 years, Liveris has managed to increase the stock price by $3.......talk about creating shareholder value. He could accomplish a larger increase by leaving aka Kullman.
If TD is going to expand in US, then BHB would be a natural target. Former TD executive is CEO of BHB and bank is in an area of Maine where TD is not particularly strong.
If Apple has three or four streaming options or, God forbid, doesn't pre-load Netflix then it could be a real down day. Apparently, streaming is not that hard to do.
So every time one of them gets pregnant, it cost the company $10,000,000 in parental leave benefits........assuming every employee is there for 20 years.
You're right.........you have to spend twenty minutes looking for a movie that you're going to watch for five minutes and then give up. Most people don't drp their subscriptions out of laziness or because they have children.
Netflix makes much more of their profits for DVD rentals than they care to admit. Supposedly they only have 450 DVD employees and you have to wonder how many of them would have gone out on parental leave in a given year. The real question is that if they have only 450 DVD employees then why do they still have 5 million DVD subscribers. Even if each subscriber gets one movie a week that means each employee has to stuff 1400 DVDs every day or 175 every hour. Really makes no sense unless DVD subscribers don't use the service or get one movie a month.
Wall St Journal had an article and mentioned that Chinese cell phone users can legally get Game of Thrones on their cell phones. It will be years before Netflix offers Game of Thrones on streaming.
More importantly, the China model may be a couple of brief commercials followed by content.
You're right.........the stock price should not have been reported if just one share was traded for less than $10. It would be one thing if a single share of Berkshire Hathaway had traded lower but the reporter was wrong to have mentioned it.
Netflix has done a great job of getting Obama and others in their back pockets. From net neutrality and lower mail costs, Obama has been a blessing to Netflix. I don't see how foreign politicians will be so friendly. Foreign internet service providers will charge fees and countries will tax Netflix heavily. Whatever profits are made will be taxed again by US. Plus currency issues will eliminate profits anyway.
When both TGH and TAL are reporting tepid demand, you have to question the overall economy. Weak steel prices also aren't a good omen.
Where a lot of their sales are dollar based, this stock should benefit from the dollar/euro ratio. Their US business is basically a monopoly and sales won't be impacted by currency issues.
I guess the emphasis on customer satisfaction is a big positive and would agree that it is way oversold here.
Reading the CEO's bio, it sounds like he is an accomplished guy with a solid background. Unfortunately, his rendition of "How I spent my summer" didn't come across that great. He's only been there for a month but I'd rather hear about the changes being implemented versus on how he is learning about the company.
Hopefully, the Fed delays the rate increase in order to help out American companies and workers. Any rate increase at this point will only further strengthen the dollar and aggravate export sales.
If you subtract out DVD rental income then Netflix would have lost $50 million....... the reason the stock price is growing is due to streaming but the dying DVD rental business is saving them.