Netflix hits new high; Box jumps on IBM partnership; Ahold, Delhaize to merge

Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.

Netflix (NFLX) shares are hitting a new all-time high this morning. The company plans to split its stock 7-for-1. The move was highly anticipated after the video streaming firm increased the amount of shares it would issue last month. The stock will begin trading on a post-split basis on July 15th.

Delhaize (DEG) U.S. listed shares are lower in early trading. The Belgium-based supermarket chain, which operates Food Lion and Hannaford is merging with Dutch rival Ahold, which owns Stop & Shop, Giant and Peapod.  The combined company will be valued at about $29 billion, creating one of the largest supermarket chains in the U.S. and Europe.

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Sysco (SYY) shares are in the spotlight after a federal judge blocked its planned takeover of rival US Foods because it would reduce competition and lead to higher prices for hotels and restaurants. Sysco said it would review the ruling and weigh its options, which could mean an appeal or pulling the plug on the deal.

Boeing (BA) shares are in focus this morning. The aerospace giant announced Chief Executive Jim McNerney will step aside next week and hand over the reins to Chief Operating Officer Dennis Muilenburg.  McNerney will continue to serve as Boeing’s chairman.

Box (BOX) shares are higher in early trading. The cloud-storage startup is teaming up with IBM (IBM).  The two tech companies will work together integrate existing cloud-based products and services, as well as develop new ones.