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Fly News Breaks for March 17, 2015
NFLX
Mar 17, 2015 | 07:12 EDT
Stifel believes that concerns about the increased competition Netflix is facing in the U.S. caused the stock's 10% decline over the past two weeks. However, the firm thinks that Netflix's position in the U.S. is as strong as ever and continues to improve. It keeps a $535 price target and Buy rating on the shares.
News For NFLX From the Last 2 Days
NFLX
Mar 18, 2024 | 06:12 EDT
Netflix is rethinking a core tenet of its vaunted culture, that of "freedom and responsibility," trusting employees to use discretion on everything from sharing internal documents to taking vacation, Jessica Toonkel of The Wall Street Journal reports. The company is discussing removing the "freedom and responsibility" section from the corporate-culture memo, people familiar with the situation told the Journal. Language encouraging employees to take ownership for their actions is being considered to be inserted in the section instead. Reference Link