Company News for July 6, 2012

Zacks

•    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
 

Read the analyst report on NFLX

Read the analyst report on AAPL

Read the analyst report on VC

Read the analyst report on WAG

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