Netflix and Hastings Entertainment Technical Research: Innovation a Priority
Netflix and Hastings Entertainment Technical Research: Innovation a Priority
LONDON, January 30, 2013 /PRNewswire/ --
Online video service companies such as Netflix Inc. (NASDAQ:NFLX) have been performing
well of late. Customer preferences continue to shift to online content delivery, and with
the growing popularity of tablets and smartphones, online video and audio companies look
well positioned to grow. The same cannot be said for traditional brick and mortar
companies, though several, such as Hastings Entertainment Inc. (NASDAQ:HAST) have been
taking some positive steps to improve their operations moving forward. StockCall has
initiated its first round of technical reporting on this industry. The free reports on
Netflix and Hastings can be accessed by signing up now at
http://www.stockcall.com/analysis
Netflix 4thQuarter Earnings - Surprise, Surprise
Netflix recently saw its share prices jump substantially following its fourth quarter
earnings report, and for good reason. The company managed to post net earnings of $0.13
per share, and saw its U.S. customer-base rise by over 2 million subscribers and its
international streaming subscribers grow by 1.81 million. At this moment in time, it
stands with a subscription-base of over 33 million. The streaming movie behemoth has been
making key strategic moves such as its new deal with Disney and by providing original
content which should be available throughout 2013. Register today for your free report on
Netflix at http://www.StockCall.com/NFLXH012913.pdf
The company's original content will be exclusive to its members and aims to keep
existing members interested and secondly to add new members.
Netflix has also had success expanding abroad, and this year will certainly be an
exciting one for the company.
Facing Challenges Through New Merchandise Offerings
Hastings Entertainment Inc. [Free Technical Analysis on HAST
[http://www.stockcall.com/HAST012913.pdf ]] [1] has had a challenging time competing with
online delivery and kiosk options for media, but has been expanding its merchandise
offerings of late, which could help. The company has introduced a number of new categories
to its stores, including sports and tablets.
Hastings also newly announced that it has entered into a second amendment to its
credit facility with Bank of America, which will extend the maturity date of the agreement
through January 2017.
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1) Hastings Entertainment Inc. Technical Analysis [
http://www.StockCall.com/HastingsEntertainmentInc012913.pdf ]
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