Amazon.com, Inc. (NASDAQ: AMZN) shares gained 4.44% to $271.44 after the company’s fourth-quarter net income dropped 45%, as sharply higher revenue failed to keep pace with increased spending on order fulfillment and digital content.
The company earned $97 million, or 21 cents per share, in the October-December period. That's down from $177 million, or 38 cents per share, in the same period a year earlier. Revenue for the crucial holiday quarter grew 22% to $21.27 billion from $17.43 billion. Analysts had expected earnings of 28 cents per share on revenue of $22.26 billion.
Unisys Corporation (NYSE: UIS) stock climbed 11.95% to $21.20 after the company’s fourth-quarter profit dropped to $81.8 million or $1.67 per share down from $94.3 million or $1.94 per share last year. Analysts expected earnings of $0.93 per share for the quarter. Adjusted earnings for the quarter improved to $116.3 million or $2.27 per share from $112.6 million or $2.22 per share last year. Fourth-quarter revenues slipped 1% to $979.3 million from $985.3 million last year. Analysts estimated revenues of $923.90 million for the quarter.
ISIS Pharmaceuticals, Inc. (NASDAQ: ISIS) shares jumped 12.11% to $14.91 after the company, on Jan. 29, announced that it will conduct a conference call and webcast to provide an update on the U.S. Food and Drug Administration (FDA) approval of the marketing of KYNAMRO™ (mipomersen) for the treatment of patients with Homozygous Familial Hypercholesterolemia (HoFH).
At 09:30 a.m. Eastern Time, Wednesday, January 30, 2013, Isis will conduct a live audio webcast and conference call.
Gevo, Inc. (NASDAQ: GEVO) shares fell 5.05% to $2.25. On Jan. 17, Unites States Senator Mark Udall of Colorado toured and met with Gevo, Inc. to discuss the importance of alternative energy technologies for Colorado and the U.S. economy.
Additionally, the company, early this month, said it will repurchase as much as $15 million of its “undervalued” stock this year. The company will fund the purchases with cash and cash equivalents, Englewood.
Gol Linhas Aereas Inteligentes SA (ADR) (NYSE: GOL) shares fell 6.31% to $7.13 after the company announced partnership with Localiza Rent a Car SA. The shares of the company gained 3% in the last one year. The company is a Brazil-based holding company primarily engaged in the passenger air transportation sector. The Company is involved in the provision of scheduled and non-scheduled passenger air transportation services, as well as cargo and mail bags freight air transportation.
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