o Netflix, Inc. (NASDAQ:NFLX) said that it will sell $400 million in stock and convertible notes and cautioned of a reporting loss in 2012
o Campbell Soup Co. (NYSE:CPB) posted first-quarter 2012 earnings of $0.82 per share that came in ahead of the Zacks Consensus Estimate of $0.80 per share
o Medtronic, Inc.’s (NYSE:MDT) second quarter 2012 adjusted earnings per share came in at $0.84, beating the Zacks Consensus Estimate of $0.86
o Frontline Ltd.’s (NYSE:FRO) shares plunged 41% after it stated that unless markets rebound, the company might run out of money by early next year
o The Valspar Corporation (NYSE:VAL) reported fourth-quarter adjusted net earnings of $0.84 per share, well ahead of the Zacks Consensus Estimate of $0.70 per share
o Focus Media Holding Ltd. (NASDAQ:FMCN) denied charges of fraudulent accounting practices that were levied against the company by Muddy Waters LLC
