ER130205: ZNGA EXPE CMG YUM CSC APC BIDU ADNC MAT CVX EL Aflac posts higher profit, misses analyst target(4:53 pm ET) SAN FRANCISCO (MarketWatch) -- Insurer Aflac Inc. (AFL: news, chart, profile) on Tuesday said its fourth-quarter net profits rose to $581 million, or $1.24 a share, compared with $538 million, or $1.15 a share, a year earlier. Revenues for the quarter rose 6.6% to $6.38 billion, compared with $5.98 billion a year earlier. Analysts polled by FactSet were looking for per-share earnings of $1.47. The company said it expects U.S. sales to be flat to up 5% this year. Aflac shares declined 0.9% in after-hour trading.
C.H. Robinson doubles profit on acquisitions(4:43 pm ET) SAN FRANCISCO (MarketWatch) -- Freight and shipping company C.H. Robinson Worldwide Inc. (CHRW: news, chart, profile) , citing higher volumes from recent acquisitions, reported late Tuesday its fourth-quarter profit rose to $256.4 million, or $1.58 a share, from $109.2 million, or 67 cents a share, a year ago. Revenue for the quarter rose nearly 16% to $2.97 billion from $2.57 billion. Adjusted to exclude one-time items, the company earned 68 cents a share. Analysts surveyed by FactSet, who typically cite adjusted income, had predicted the Minneapolis, Minn.-based company would earn 70 cents a share on $2.88 billion in revenue. C.H. Robinson shares were up 7 cents at $67.08 in after-hours trade. The stock is up 4% over the past 12 months.
Disney first-quarter earnings fall 6% to $1.38 bln(4:25 pm ET) SAN FRANCISCO (MarketWatch) -- Walt Disney Co. (DIS: news, chart, profile) said late Tuesday that its fiscal first-quarter earnings fell at $1.38 billion, or 77 cents a share, from $1.46 billion or 80 cents a share in the year-ago period. Excluding charges, the media giant would have reported earnings of 79 cents a share. Revenue rose to $11.34 billion from $10.78 billion last year. Analysts surveyed by FactSet estimated a quarterly profit of 76 cents a share on revenue of $11.21 billion. Whispernumber.com, which uses unpublished estimates, expected earnings of 78 cents a share.
Panera Bread posts 34% higher profit (4:18 pm ET) SAN FRANCISCO (MarketWatch) -- Panera Bread Co. (PNRA: news, chart, profile) reported late Tuesday its fiscal fourth-quarter profit rose 34% to $51.6 million, or $1.75 a share, from $38.6 million, or $1.31 a share a year ago. Revenue for the quarter ended Dec. 25 rose 15% to $571.5 million while same-store sales rose 4.9%. Analysts surveyed by FactSet had expected the St. Louis, Mo.-based bakery chain to post earnings of $1.74 a share on $574.6 million in revenue. Panera Bread shares rose as much as 4.4% in after-hours trade to $170.
Zynga narrows loss with big revenue beat(4:14 pm ET) SAN FRANCISCO (MarketWatch) - Zynga Inc. narrowed its net loss as revenues for the fourth quarter came in well ahead of Wall Street's expectations, driving the social game maker's shares up more than 5% in after-hours trades on Tuesday. For the period ended Dec. 31, Zynga (ZNGA: news, chart, profile) reported a net loss of $48.6 million, or 6 cents per share, compared with a net loss of $435 million, or $1.22 per share, in the same period last year. The company said it earned 1 cent per share on a non-GAAP basis for the recent quarter. Revenue was mostly flat at $311.2 million. Analysts were expecting an adjusted loss of 3 cents a share on revenue of $212.1 million, according to consensus estimates from FactSet.
Expedia reports 10% earnings increase(4:13 pm ET) SAN FRANCISCO (MarketWatch) -- Online travel company Expedia Inc. (EXPE: news, chart, profile) on Tuesday reported fourth-quarter earnings that rose 10% from a year ago. Expedia said that for the quarter ended Dec. 31, it earned $88.9 million, or 63 cents a share, on revenue of $975 million. During the same period a year ago, Expedia earned $80.6 million, or 58 cents a share, on $787 million in sales. Analysts surveyed by FactSet had forecast Expedia to earn 65 cents a share on revenue of $933 million. Expedia also reported $7.53 billion in gross bookings, a 19% increase for the fourth quarter in 2011. Expedia shares rose more than 4% in after-hours trading following the release of the results.
Chipotle fourth-quarter profit rises to $61.4 mln(4:09 pm ET) SAN FRANCISCO (MarketWatch) -- Chipotle Mexican Grill Inc (CMG: news, chart, profile) said late Tuesday that its fourth quarter earnings rose to $61.4 million, or $1.95 a share, from $57 million, or $1.81 a share, in the year-ago period. Revenue increased to $699.2 million from $596.7 million last year. Analysts surveyed by FactSet estimated a quarterly profit of $1.96 a share on revenue of $696.3 million.
Take-Two earnings jump in third fiscal quarter(4:05 pm ET) SAN FRANCISCO (MarketWatch) - Take-Two Interactive Software Inc. (TTWO: news, chart, profile) posted a significant jump in earnings for its third fiscal quarter on Tuesday afternoon. For the period ended Dec. 31, Take-Two reported net income of $71.4 million, or 66 cents per share, on revenue of $415.8 million. That compares with net income of $14.1 million or 16 cents a share on revenue of $236.3 million in the same period last year. Adjusted for deferred revenues from certain game sales, Take-Two said it earned 67 cents per share on revenue of $405 million for the recent period. Analysts were expecting adjusted earnings of 55 cents a share on revenue of $363.9 million, according to consensus estimates from FactSet.
Estee Lauder shares rise as U.S. spending rebounds(11:25 am ET) NEW YORK (MarketWatch) -- Estee Lauder Cos. (EL: news, chart, profile) surged 5.8% on Tuesday to $64.59, the second-biggest gain on the Standard & Poor's 500 Index (SPX: news, chart, profile) . The beauty-products company said Tuesday morning its fiscal second-quarter earnings rose 13% as revenue increased, boosted by a rebound in U.S. spending and sales increases in the Asia/Pacific region's emerging markets. Estee Lauder said quarterly profit rose to $447.5 million, or $1.13 cents per share, from $396.7 million, or $1 a share, in the year-ago period. It raised its 2013 profit forecast to between $2.51 and $2.59 a share.
Yum! stock skids on China chicken fallout(10:18 am ET) NEW YORK (MarketWatch) -- Yum! Brands Inc. (YUM: news, chart, profile) shares fell 3.5% on Tuesday to $61.70, the third-worst performance on the Standard & Poor's 500 Index (SPX: news, chart, profile) . The fast-food chain said late Monday its earnings fell 5.3% in the fourth quarter as a Chinese government review of poultry supplies hurt same-store sales in China. The company said it doesn't expect earnings growth this year. Yum! Brands, which owns Taco Bell, KFC and Pizza Hut, said profit fell to $337 million, or 72 cents a share, from $356 million, or 75 cents a share, in the year-ago period.
Zynga shares jump on upgrade ahead of results(9:56 am ET) SAN FRANCISCO (MarketWatch) -- Zynga Inc. (ZNGA: news, chart, profile) saw its shares jump nearly 6% to $2.70 on Tuesday morning after Bank of America/Merrill Lynch upgraded the stock to a buy rating. The move comes just ahead of the social game maker's fourth-quarter results, due after the closing bell. In his note to clients, analyst Justin Post cited "asset value and mobile stabilization" as the reason for his action, noting that the company has about $2.20 per share in cash and assets. He also noted that improving performance over the last two months on other social networking stocks such as Facebook, Groupon and Angie's List "suggest investors' risk tolerance with developing business models has increased."
Computer Sciences rises on upbeat results(9:49 am ET) SAN FRANCISCO (MarketWatch) -- Computer Sciences Corp. (CSC: news, chart, profile) shares rose more than 8% Tuesday to $45.39 after the government IT services contractor reported upbeat fiscal third-quarter results. CSC said it earned $3.27 a share on $3.78 billion in revenue, compared with a loss of $8.96 a share on sales of $3.69 billion in the same period a year. Excluding one-time items, CSC would have earned 77 cents a share. Analysts surveyed by FactSet had forecast CSC to earn 62 cents a share on $3.73 billion in revenue.
Tech stocks jump; Dell deal made official(9:48 am ET) SAN FRANCISCO (MarketWatch) -- Technology stocks got a boost on Tuesday morning as the long-rumored privatization deal for PC giant Dell Inc. (DELL: news, chart, profile) was made official. The Nasdaq Composite (COMP: news, chart, profile) rose 0.3% to 3,142 while the Philadelphia Semiconductor Index (SOX: news, chart, profile) jumped 0.5%. Dell shares were halted at $13.27 after the opening bell; the deal with CEO Michael Dell and Silver Lake values the stock at $13.65. Computer Sciences Corp. (CSC: news, chart, profile) saw its shares jump more than 7% after the tech services firm reported better-than-expected results for the third fiscal quarter. Zynga (ZNGA: news, chart, profile) jumped more than 6% after Bank of America/Merrill Lynch upgraded the social game maker to a buy rating just ahead of its own quarterly results, due after the closing bell.
Sirius XM Radio profit more than doubles(8:01 am ET) NEW YORK (MarketWatch) -- Sirius XM Radio Inc. (SIRI: news, chart, profile) reported on Tuesday that fourth-quarter profit more than doubled to $156.2 million, or 2 cents per diluted share, from $71.3 million, or 1 cent a share, in the year-ago period. Quarterly revenue rose to $892.4 million from $783.7 million in the fourth quarter of 2011. A survey of analysts by FactSet produced consensus estimates of profit of 2 cents a share for the quarter on revenue of $899.7 million. The New York-based satellite radio provider said it expected 2013 revenue of more than $3.7 billion and total net subscriber additions of about 1.4 million in the same period. Sirius XM said it will begin its previously announced $2 billion stock repurchase program. Monday, Feb. 4
CORRECT: Anadarko swings to profit(5:22 pm ET) SAN FRANCISCO (MarketWatch) -- Anadarko Petroleum Corp. (APC: news, chart, profile) on Monday reported fourth-quarter earnings of $203 million, or 40 cents a share, reversing a year-ago loss of $358 million, or 72 cents a share. Adjusted to exclude one-time items, the company posted a profit of 91 cents a share, versus 85 cents a share in the fourth quarter of 2011. Analysts polled by FactSet had expected fourth-quarter per-share earnings of 72 cents per share. Anadarko shares advanced 0.5% in after hours.
Yum Brands posts 5% lower profit (5:05 pm ET) SAN FRANCISCO (MarketWatch) -- Yum Brands Inc. (YUM: news, chart, profile) , whose brands include Pizza Hut, Taco Bell and KFC, reported late Monday its fourth-quarter profit fell 5% to $337 million, or 72 cents a share, from $356 million, or 75 cents, a year ago. The company said sales in China were hit hard by adverse publicity regarding its poultry supplies. Revenue for the quarter rose to $4.15 billion from $4.11 billion. Analysts surveyed by FactSet had expected the company to post earnings of 82 cents a share on $4.13 billion in revenue. Yum Brands shares fell as much as 4.5% to $61.09 in after-hours trade.
Baidu fourth-quarter earnings rise 36%(4:46 pm ET) SAN FRANCISCO (MarketWatch) -- Baidu Inc. (BIDU: news, chart, profile) said late Monday that its fourth-quarter earnings rose 36% to $448.7 million, or $1.28 per U.S. share, from the year-ago period. Excluding share-based compensation, the Chinese Internet-search provider earned $1.31 a U.S. share. Revenue rose 42% to $1.02 billion from the same period last year. Analysts surveyed by FactSet estimated a quarterly profit of $1.30 per U.S. share on revenue of $973.5 million.
CORRECT: Humana profit slips; outlook affirmed(6:22 am ET) WASHINGTON (MarketWatch) -- Humana Inc. (HUM: news, chart, profile) reported a fourth-quarter net profit of $192 million, or $1.19 a share, off from $199 million, or $1.20 a share, earned in the final three months of 2011. Quarterly revenue reached $9.56 billion from the prior year's $9.06 billion. Estimates had been $1.07 a share and $9.75 billion, respectively. For the first quarter, Humana sees profit in a range of $1.75 to $1.85 a share. For the full year, the company pegged earnings in a range of $7.60 to $7.80 a share, including about 30 cents a share in investment spending. (Updating to correct profit vs. consensus estimate.)
Humana profit slips; 2013 outlook affirmed(6:15 am ET) WASHINGTON (MarketWatch) -- Humana Inc. (HUM: news, chart, profile) reported a fourth-quarter net profit of $192 million, or $1.19 a share, off from $199 million, or $1.20 a share, earned in the final three months of 2011 and matching the consensus estimate of analysts who follow the Louisville-based health insurer. Quarterly revenue reached $9.56 billion from the prior year's $9.06 billion. For the first quarter, Humana sees profit in a range of $1.75 to $1.85 a share. For the full year, the company pegged earnings in a range of $7.60 to $7.80 a share, including about 30 cents a share in investment spending. Friday, Feb. 1
Audience shares surge on results, upgrades(10:52 am ET) SAN FRANCISCO (MarketWatch) -- Audience Inc. (ADNC: news, chart, profile) saw its shares jump nearly 24% to $15.15 in early trades on Friday. The company, which makes audio processing technology used in cell phones and other mobile devices, reported better-than-expected results for the fourth quarter and issued a forecast that was well above Wall Street's estimates. The stock was upgraded to neutral ratings by both Credit Suisse and Deutsche Bank following the results. "While Apple will continue to decline for Audience, we are upgrading to Neutral from Underperform, as we feel more comfortable that the company can manage through the 'transition' and begin to re-establish overall sequential growth over the next 3-4 quarters," Pitzer wrote in his note to clients. He pumped his price target on the stock up to $14.50 from $6.80.
Exxon Mobil fourth-quarter profit up 6% (8:53 am ET) NEW YORK (MarketWatch ) - Exxon Mobil Corp. (XOM: news, chart, profile) said Friday its fourth-quarter net profit rose 6% to $9.95 billion, or $2.20 a share. Analysts expected earnings of $1.99 a share, according to a survey by FactSet. Revenue rose to $115.17 billion from $121.6 billion. Exxon Mobil's fourth-quarter capital expenditures were a record $39.8 billion in 2012. The oil and gas producer declared a cash dividend of $0.57 a share on common stock on January 30 payable on March 11, 2013. The first quarter dividend was at the same level as the dividend paid out in the fourth quarter. Exxon Mobil is the world's biggest energy company, operating petroleum and petrochemicals businesses. Competitors are Marathon Oil Corp. (MRO: news, chart, profile) , Chevron Corp. (CVX: news, chart, profile) , BP PLC (BP: news, chart, profile) and ConocoPhillips (COP: news, chart, profile) .
Chevron's fourth-quarter profit rises 42%(8:45 am ET) NEW YORK (MarketWatch) - Chevron Corp. (CVX: news, chart, profile) said fourth-quarter net profit rose to $7.25 billion, or $3.70 per diluted share, from $5.12 billion, or $2.58 per share a year earlier. The San Ramon, Calif.-based energy company said revenue fell to $56.3 billion from $58 billion. Analysts polled by FactSet had expected earnings of $3.06 a share. "Strong cash flows allowed us to invest aggressively in our major capital projects and to acquire several important, new resource opportunities," said John Watson, chief executive officer.
Tyson quarterly net profit rises 7.7%(7:58 am ET) NEW YORK (MarketWatch) -- Tyson Foods Inc. (TSN: news, chart, profile) said fiscal first-quarter net profit rose to $173 million, or 48 cents a share, from $156 million, or 42 cents a share, in the same period a year earlier. Quarterly revenue rose to $8.4 billion from $8.3 billion. Analysts polled by FactSet had expected earnings of 42 cents a share. "We knew we'd face headwinds, and that has certainly been the case; however, we're not simply holding our own. We're producing solid results while preparing for growth," said Donnie Smith, chief executive officer. The Springdale, Ark.-based company forecast fiscal 2013 revenue to be about $35 billion.
Mattel earnings fall 17%, boosts dividend(6:24 am ET) FRANKFURT (MarketWatch) -- Toymaker Mattel Inc. (MAT: news, chart, profile) on Friday reported fourth-quarter profit of $306.5 million, or 87 cents a share, versus $370.6 milllion, or $1.07 a share, in the same period a year earlier. Excluding a litigation charge, adjusted net income was $1.12 a share. Analysts surveyed by Factset had forecast a profit of $1.15 a share. Net sales rose 5% to $2.26 billion. Mattel said its board declared a first-quarter cash dividend of 36 cents a share, up from last year's dividend of 31 cents. Thursday, Jan. 31
Japan stocks rise on weak yen, strong earnings(7:21 pm ET) LOS ANGELES (MarketWatch) -- Fresh losses for the Japanese yen helped send Tokyo stocks higher early Friday, with the Nikkei Stock Average (JP:NI225: news, chart, profile) rising 0.4% to 11,186.71, while the Topix added 0.6%. With the dollar hitting highs not seens since June 2010, exporter shares climbed, with Honda Motor Co. (JP:7267: news, chart, profile) (HMC: news, chart, profile) adding 1.4% despite cutting its earnings forecast for the year ending March 31. Other auto makers also gained amid the falling yen, with Toyota Motor Corp. (JP:7203: news, chart, profile) (TM: news, chart, profile) up 1.6%, Mitsubishi Motors Corp. (JP:7211: news, chart, profile) (MMTOF: news, chart, profile) ahead by 2.1%, and Mazda Motor Corp. (JP:7261: news, chart, profile) (MZDAF: news, chart, profile) improving by 2.9%. Shares of Sharp Corp. (JP:6753: news, chart, profile) (SHCAF: news, chart, profile) rallied 4.2% after a Nikkei news report that strong smartphone earnings allowed it to swing back to an operating profit in the October-December quarter. Softbank Corp. (JP:9984: news, chart, profile) (SFTBF: news, chart, profile) advanced 2.9% on the back of posting an October-December profit double that of a year ago, even as it said its planned deal to buy Sprint Nextel Corp. (S: news, chart, profile) would weigh on earnings for about a year after such a deal closes. Strong results also sent NEC Corp. (JP:6701: news, chart, profile) (NIPNF: news, chart, profile) jumping 5.4%. However, a surge in profit for Nomura Holdings Inc. (JP:8604: news, chart, profile) (NMR: news, chart, profile) failed to help its shares, which traded 0.8% lower, while rival Daiwa Securities Group Inc. (JP:8601: news, chart, profile) (DSECF: news, chart, profile) climbed 2.1%. Industrial major Fanuc Corp. (JP:6954: news, chart, profile) (FANUF: news, chart, profile) lost 1.1% after the Japan Robot Association said sales of industrial robots fell in the last quarter.
NetSuite loss widens, but sales surge(4:18 pm ET) SAN FRANCISCO (MarketWatch) - NetSuite Inc. (N: news, chart, profile) on Thursday reported fourth-quarter loss of $9.62 million, or 13 cents a share, compared with a loss of $7.62 million, or 11 cents a share, for the year-earlier period. Revenue rose to $85 million from $64.09 million. On an adjusted basis, the company reported a profit of 6 cents a share. Analysts polled by FactSet on average were expecting the business software company to report a profit of 4 cents a share, on revenue of $83 million. Shares of NetSuite were up 4% in after-hours trading.
Constellation says Crown deal to be delayed(12:06 pm ET) NEW YORK (MarketWatch) -- Constellation Brands Inc. (STZ: news, chart, profile) said Thursday it no longer expects to close its acquisition of Crown Imports during the first calendar quarter of 2013. The update on the deal came after the Department of Justice sued to block Anheuser-Busch InBev's (BUD: news, chart, profile) proposed takeover of brewer Gupo Modelo (GPMCY: news, chart, profile) over antitrust concerns. Constellation said it's "disappointed" by the development but "we ultimately look forward to an expeditious resolution." Constellation said the proposed transaction "would further establish Crown Imports as a more independent and competitive entity and solidify its position as a major player in the U.S. beer industry." Shares of Constellation fell 18.6% to $31.90 in recent trades. Constellation has bid to acquire Modelo's stake in Crown Imports LLC, the importer of Corona beer.
Market Data 
Markets 
AI
