Netflix and Hastings Entertainment Technical Research: Innovation a Priority
LONDON, January 30, 2013
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
Netflix 4 ^th Quarter 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
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 ] ^[ ^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.
1.Hastings Entertainment Inc. Technical Analysis [
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