Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

U.S. Stocks Pare Some Gains After New Home Sales -2-

01/25/2013 | 07:16am US/Eastern

Hancock Holding Co.'s (>> Hancock Holding Company) fourth-quarter profit more than doubled as merger-related costs weighed on the regional lender's year-ago results.

Juniper Networks Inc.'s (>> Juniper Networks, Inc.) fourth-quarter earnings edged down 0.5% as stronger router sales helped balance weaker spending on switches by some big enterprise customers. Overall, revenue from the company topped management's conservative October guidance as sales of switching platforms--often used by companies building large private data centers--slipped 6.5% in the quarter.

KLA-Tencor Corp.'s (>> KLA-Tencor Corporation) fiscal second-quarter earnings fell 3.8% as rising costs outpaced higher revenue at the semiconductor-equipment company.

Lattice Semiconductor Corp. (>> Lattice Semiconductor) swung to a fourth-quarter loss as the chip maker suffered from broad-based demand softness. Earnings results narrowly beat expectations.

An appeals court in California has tossed a portion of a nearly $310 million verdict against Mattel Inc. (>> Mattel, Inc.) in a long-running copyright-infringement lawsuit against Bratz doll maker MGA Entertainment Inc.

Microsoft Corp.'s (>> Microsoft Corporation) fiscal second-quarter earnings slipped 3.7% as the software giant reported weaker sales in its business and entertainment divisions, though revenue in its core Windows business strengthened. Shares of Microsoft slipped 2.1% to $27.06 after hours.

ResMed Inc.'s (RMD, RMD.AU) second-quarter earnings rose 24% as the respiratory-device maker's revenue jumped, particularly in the Americas. Results beat Street expectations.

Sonic Corp. (>> Sonic Corporation) said its President Scott McLain will resign, effective March 31, and his title will be assumed by Chairman and Chief Executive Cliff Hudson.

Starbucks Corp.'s (>> Starbucks Corporation) profit jumped 13% in the latest quarter, propelled by higher sales in the U.S. and even China, where others have stumbled lately. Global same-store sales improved 6%, ahead of expectations of 5.4% growth from analysts polled by Thomson Reuters. Shares were up 2.6% to $56 after hours.

Moody's Investors Service has boosted the outlook for Valmont Industries Inc. (>> Valmont Industries, Inc.) to positive from stable, citing improved profitability over the past year and expectations of moderate global growth.

VeriSign Inc.'s (>> Verisign, Inc.) fourth-quarter earnings climbed 96% as the Internet-domain-name company revenue and margins strengthened and as special items boosted bottom-line results.

W.R. Grace & Co. (>> W.R. Grace & Co.) said it will record a smaller-than-expected $365 million pre-tax charge in the fourth quarter related to the specialty chemical company's increased asbestos-related liability.

Write to Mia Lamar at mia.lamar@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news
Date Title
09:20p INFORMATION SERVICES : Dividend Declaration
09:20p INFORMATION SERVICES : Q1 2015 Financial Results
09:20p AUSTRADE AUSTRALIAN TRADE COMMISSION : Robb launches awards to recognise Australia’s best exporters (Ministerial)
09:20p INFORMATION SERVICES : ISC provides update with respect to econveyance™ transaction
09:20p CORUS ENTERTAINMENT : Kin Community Signs W Network Stars to Join Kin Canada’s Talent Roster
09:20p ANTEO DIAGNOSTICS : New Product Launch
09:20p AUSTRALIAN GOVERNMENT : Robb launches awards to recognise Australia’s best exporters, Media release, 05 May 2015, Australian Minister for Trade and Investment, The Hon Andrew Robb AO MP
09:20p ESPERANCE MINERALS : Change of Director's Interest Notice
09:20p WOOLWORTHS : Third Quarter Sales Results – Financial Year 2015 13 weeks to 5 April 2015
09:19p WESTLAKE CHEMICAL PARTNERS : Statement on Proposed Regulations Relating to its Qualifying Income Activities
Latest news
Advertisement
Hot News 
TASER : EDITORIAL: Schultz-Taser dealings due serious cleanup measures
CDTi Announces New Advanced Materials Technology
RAMBLER METALS & MINING : Ships More High Grade Copper Concentrate
FIDOR BANK : DGAP-News: Neue Kapitalmarktstrategie: FIDOR BANK beschließt Delisting
NATIONSTAR MORTGAGE : Reports First Quarter 2015 Financial Results
Most Read News
08:41p Alfa, Harbour Energy to buy Pacific Rubiales for C$6 billion
06:01p ALLIANZ SE : DoubleLine's Gundlach sees no Fed rate increase in 2015
06:32p ANGLO AMERICAN : Los Bronces fined $6.2 million for Chile environmental breaches
07:57p KINROSS KEEN ON M&A BUT WILL TAKE A DISCIPLINED APPROACH : Ceo
06:01p ERA : Reports First Quarter 2015 Results
Most recommended articles
09:15p Facebook's Sandberg speaks at husband's memorial
09:15pDJGreen Spinoffs Open Sector To Investors -- Energy Report
09:04pDJTwitter Bolsters Finance Team as CFO Adds Marketing Duties
08:51p Slump in bonds spooks stock markets, commodities surge
08:41p Alfa, Harbour Energy to buy Pacific Rubiales for C$6 billion
Dynamic quotes  
ON
| OFF