Michael Olson News
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Netflix Inc., vanquishing Wall Street skepticism about its growth prospects, became the best- performing stock in the Standard & Poor’s 500 index after signing up more than 2 million new U.S. customers.
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Netflix Inc. has won over consumers and Hollywood with its mix of TV reruns, old movies and original shows, all for $7.99-a-month with liberal policies that let family and friends share one account.
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GameStop Corp., the world’s largest video-game retailer, reported fourth-quarter profit that beat analysts’ estimates, led by digital and mobile products.
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Netflix Inc. will test whether Machiavelli and math are a winning formula as the world’s largest subscription-video service debuts “House of Cards,” its most ambitious step yet into original online-TV programs.
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GameStop Corp., the chain that gets almost half its profit from used video games, fell the most in a month after a website reported Microsoft Corp.’s next console will block users from reselling titles.
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Activision Blizzard Inc., the largest U.S. video-game maker, rose the most since late 2008 after fourth-quarter net income beat analysts’ estimates amid gains from the latest “Skylanders” and “Call of Duty” titles.
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Netflix Inc., the Internet and mail- order video-rental service, fell the most in more than two months after cable company Comcast Corp. said it would expand offerings to customers interested in streaming movies online.
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The U.S. Postal Service, demonstrating the depth of its financial abyss, set up a possible showdown with Congress by saying it will stop mail service on Saturdays regardless of whether lawmakers approve.
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The U.S. Postal Service, demonstrating the depth of its financial abyss, set up a possible showdown with Congress by saying it will stop mail service on Saturdays regardless of whether lawmakers approve.
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GameStop Corp., responding to a report about features on Microsoft Corp.’s next Xbox video-game console, said customers would snub any new machine that restricts play of pre-owned titles.
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