Chesapeake Energy Acquires Southwestern Energy; Netflix's Advertising-Tiered Plan Surpasses 23 Million Users

In other news, Hertz Global to sell 20,000 electric vehicles, while KB Home's orders fall short of expectations.

Chesapeake Energy Corp. is buying Southwestern Energy for about $7.4 billion in an all-stock deal.
Netflix's advertising-tiered plan has reportedly topped more than 23 million active users per month.
Hertz Global Holdings Inc. plans to sell about 20,000 electric vehicles.
KB Home's orders for its fourth quarter fell short of Wall Street forecasts.
Infosys Limited provided an encouraging fiscal third-quarter financial report.