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Yahoo! Inc. (NASDAQ:YHOO) reported fourth-quarter results that surpassed analysts’ estimations and augmented annual sales for the first time since 2008 as the biggest U.S. Web gateway promoted from floating demand for online search.
Yahoo Inc reported a 4 percent surge in net revenue to $1.22 billion in the fourth quarter, when an upsurge in search promotion sales offset faintness in the Web portal's exhibition ad business. First-quarter revenue apart from the portion approved to partners will be $1.07 billion to $1.10 billion, afraid of the $1.12 billion predicted by analysts. Sales for 2013 will be $4.5 billion to $4.6 billion, compared with analysts’ $4.59 billion expectation.
In the last trading session, Yahoo! Inc. (NASDAQ:YHOO) declined -0.29% and closed at $20.31 with the total traded volume of 39.51 million shares.
Seagate Technology PLC (NASDAQ:STX) second-quarter earnings dropped 13% due to weak sales of disk drives, which its directors projected will remain in the current quarter. But the company's results were better than analysts anticipated, and Seagate moved to more diversify outside the disk-based technology used in its drives. The company on Monday declared an association with Virident Systems Inc., a startup that sells devices that lump into servers and store data on flash memory chips, the technology used in smartphones and other mobile devices.
In the last trading session, Seagate Technology PLC (NASDAQ:STX) jumped +0.43% to close at $37.41 and its overall traded volume was $8.48 million shares. Stock price 52 weeks high was $37.94 and 52 weeks low price was $20.32. STX has market cap of 12.63 billion.
Illumina, Inc. (NASDAQ:ILMN) recently reported a sharp rise in fourth-quarter profit on the sale of a business unit to Amgen Inc. The company recorded a $48.6 million increase from the pre-tax sale of its stake in deCode Genetics Inc. during the period. Illumina reported that its net income increased to $72 million, or 53 cents per share, in the quarter that ended Dec. 30 from $11.7 million, or 9 cents per share, in the prior-year period.
In the last trading session, Illumina, Inc. (NASDAQ:ILMN) slipped -0.85% and closed at $51.62 with the overall traded volume of 1.75 million shares.
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