Netflix shares head for new high after strong subscriber outlook

Netflix Inc made a bullish forecast for subscriber additions by mid-year, a positive sign for its push to expand around the world that sent its shares toward an all-time high.

The streaming video company pushed back the next season of its smash-hit "House of Cards," and other programing to the second quarter, meaning it lured in fewer new subscribers in the first quarter than expected, but will likely make it up from April through June.