Company News for July 5, 2013
• Netflix, Inc. (NASDAQ:NFLX) and PBS Distribution increased the scope of its multiyear licensing agreement to air “The Bletchley Circle” and other PBS programming
• In a move to raise $7 billion in cash, Chesapeake Energy Corporation (NYSE:CHK) announced it was selling $1 billion worth of oil and gas assets located at Eagle Ford and Haynesville to one of the units of EXCO Resources Inc. (NYSE:XCO). Following this development, shares of Exco surged 8.2%
• International Speedway Corporation (NASDAQ:ISCA) reported second quarter earnings per share of $0.51, in line with the Zacks Consensus Estimate
• Apple Inc. (NASDAQ:AAPL) has recruited Yves Saint Laurent, a former CEO of a French luxury group for “special projects.” Laurent will report to Chief Executive Officer Tim Cook
Read the analyst report on NFLX
Read the analyst report on CHK
Read the analyst report on XCO
Read the analyst report on ISCA
Read the analyst report on AAPL
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