Henry Blodget / Silicon Alley Insider:

Best Buy (BBY) Buying Netflix (NFLX) For $44?  —  A reader says there was chatter to that effect this afternoon, as Netflix (NFLX) pushed 6% higher on high volume.  —  Would this make sense?  Only if Best Buy (BBY) has been persuaded that the Blockbuster (BBI) - Circuit City (CCI) deal makes sense, which we certainly haven’t.