Company News for July 6, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Netflix, Inc.'s (NASDAQ: NFLX ) CEO Reed Hastings said that for the first time the company's streaming service recorded over 1 billion hours last month. The announcement helped the Netflix shares gain 13.4%

•    Reports that Apple Inc. (NASDAQ: AAPL ) will launch a smaller iPad tablet at the end of this year helped the company's shares jump 1.8% to cross the $600 level

•    Visteon Corporation (NYSE: VC ) will be making a near $800 million bid to acquire complete control of air-condition manufacturer Halla Climate Control

•    Walgreen Company (NYSE: WAG ) would pay roughly $438 million to buy a regional drugstore from Stephen L. LaFrance Holdings Inc

APPLE INC (AAPL): Free Stock Analysis Report
NETFLIX INC (NFLX): Free Stock Analysis Report
VISTEON CORP (VC): Free Stock Analysis Report
WALGREEN CO (WAG): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: AAPL , NFLX , VC , WAG

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