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Old 05-31-2012, 10:07 PM   #1
Elsha
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Join Date: May 2012
Posts: 402
Netflix down 6.2% on B of A/Merrill note

Shares of Netflix Inc. NFLX were down 6.2% after B of A/Merrill Lynch cut its 2012 earnings forecast for the online video provider, citing costs related to the company's international expansion and the possibility that U.S. streaming growth could stall.
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