A trifecta of high-tech companies report late yesterday, you said, "Two out of three is not bad." Google (GOOG) beat estimates issued a profit of $ 11.58 per share. This is a growth of 16%, but the average price advertisers pay for advertising clicks down 4%, Microsoft (MSFT), earnings per share of 72 cents beat. This is a substantial increase of 19%, driven by sales of server software, rather than to Windows 8. The final losers IBM (IBM) in a pile. Big Blue missed the first time since 2005. Earnings per share $ 3, less than a nickel. In a related project, is considered to be China's Lenovo Group and IBM negotiations to buy part of its server business. Nearly a decade ago, Lenovo's acquisition of the company's PC machine.
Have been a surprise in the pursuit of selling Dell (DELL) distorted. Blackstone Group has withdrawn its bid to buy the PC manufacturer. Private equity firms have been trying to top $ $ 2.44 billion bid by company founder Michael Dell (Michael Dell) and Silver Lake. But now it has lost interest on the grounds that the decline in PC sales. Activist investor Carl Icahn is still negotiating with Dell, hoping to spearhead a better offer. Earlier this week, he agreed to ceiling in exchange for his stake in the company and other shareholders' rights to speak.
Back to the Blackstone Group, the group hopes to make a splash today conducted IPO on NASDAQ. Private equity firms are marine world public again. 26 million shares, Sea World is providing U.S. $ 27. The Blackstone $ $ 230 million from the acquisition of Anheuser-Busch InBev Sea World.
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Of Under Armour (UA) just released earnings this morning. Here the highlights: Revenue increased 23% to $ 472 million. Income decreased by 47%, although this is mainly because the marketing costs of the plan. The company also raised throughout the year. Under Armour said it will re-focus on creating innovative apparel products. It also cited strength in its footwear business. The company's share price hit a 52-week high in September. It has gained about 15% so far this year.
Chipotle (CMG) next year, which is already more than 5% in early trading. Street beat of Chiptole yesterday, it Zhonghou Ying Lee. The company posted a profit of $ 2.45 per share, compared with 2.13 million estimated. You may remember, the fund manager Jeffrey Gundlach last week sent shares fell more than 3%, he said jokingly, gourmet burrito is a contradiction. Chipotle shares for approximately $ 345 shares, its 52-week high and low middle. 440 full years before.
Restoration Hardware (RH) has been after tearing its profitability. Household products chain fourth quarter loss, but its adjusted results exceeded expectations. In addition, the company improved its prospects. Restoration Hardware powder the cost of losses from its IPO as early as November. The morning rally, the shares rose about 10% since then.
Finally, we take a look at a staggering 60% in premarket trading of Vertex Pharmaceuticals (VRTX). Vertex, its experimental drug in mid-stage trials in adults with cystic fibrosis to improve lung function. New drug testing, in conjunction with an existing, but also by the company. Ahead of the stock at its highest price since October 2000.
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