Amazon's fourth-quarter earnings fell 57%, and the Internet retailer again warned it could post an operating loss in the current quarter. Shares were down 8.7% at $177.45 in recent after-hours trading.
Broadcom's fourth-quarter profit slipped 4.5%, failing to match the company's explosive year-ago earnings growth, though the chip maker's top line fell less than expected. The company also said it will boost its quarterly dividend by 11%, signaling its desire to satisfy investors during a challenging time for the broader semiconductor sector. Shares were up 1.9% to $35 after hours on the stronger-than-expected core results.
JDA Software swung to a fourth-quarter loss amid sharply higher litigation-related charges as a slowdown in the Americas continued to weigh on the supply-chain company's revenue growth. Shares dropped 9.7% to $26.60 after hours.
Aspen Technology Inc.'s (AZPN) swung to a second-quarter profit as revenue climbed more than it had forecast. Shares in the company--which provides software and services to energy, petrochemical and pharmaceutical industries--were up 11% at $20 after hours.
Fortinet Inc.'s (FTNT) fourth-quarter earnings climbed 2.2% as the network-security company again reported double-digit billings growth. Shares jumped 9% after hours Tuesday to $24.86 on the stronger-than-expected results.
Myriad Genetics Inc.'s (MYGN) fiscal second-quarter earnings rose 17% as the diagnostic-testing company's revenue growth received a boost from an acquisition last year. Shares rose 5.2% to $24.90 after hours as Myriad also raised its per-share earnings estimate for the year.
Manitowoc Co. (MTW) swung to a fourth-quarter profit as its crane unit benefited from stronger growth. Shares rose 3.1% to $13.85 on a stronger-than-expected top-line result.
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Ace Ltd. (ACE) reported its fourth-quarter earnings fell 25% as catastrophe losses jumped sharply from a year earlier.
Aflac Inc.'s (AFL) fourth-quarter earnings rose 25% on higher premiums and narrower investment losses, as the international insurance provider's core profit also increased.
Boston Properties Inc. (BXP) swung to a fourth-quarter profit as the office-property owner booked higher rental revenue despite a lower percentage of its portfolio being leased.
C.H. Robinson Worldwide Inc.'s (CHRW) fourth-quarter earnings edged up 5.9% as the logistics company saw higher revenue in the key trucking business and intermodal segments more than offset declines in air and sourcing revenue.
C.R. Bard Inc.'s (BCR) fourth-quarter earnings fell 16% on charges as the medical-device maker also booked higher operating costs.
Cytec Industries Inc.'s (CYT) fourth-quarter earnings fell 13% as a tax-benefit boosted year-ago results, though revenue increased in the latest period.
Jack Henry & Associates Inc.'s (JKHY) fiscal second-quarter earnings rose 6.9% on the financial-services company reported higher support revenue and lower operating costs.
U.S. regulators granted Novartis AG's (NVS, NOVN.VX) cancer drug Gleevec regular approval for adult patients who have had a kind of stomach tumor surgically removed, expanding its potential use.
Qiagen NV (QGEN, QIA.XE) swung to a narrow fourth-quarter loss on restructuring charges while the company's molecular-diagnostics business reported stronger growth.
SeaChange International (SEAC) said it reduced headcount in the fourth quarter as part of efforts to streamline operations and cut annual costs by more than $5 million.
Seagate Technology Inc.'s (STX) fiscal second-quarter earnings soared as the maker of hard drives reported sharply stronger margins and revenue increased.
W.R. Berkley Corp.'s (WRB) fourth-quarter fell 7%, as the specialty insurer's operating earnings dropped 20% because of higher expenses despite strong premium.
Walt Disney Co. (DIS) said it would buy a controlling interest in Indian entertainment company UTV Software Communications Ltd. (532619.BY), which it said would make Disney the country's leading film studio. (source WJS ) For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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