Advanced Micro Devices Inc (NYSE: AMD) climbed up 6.94% to $2.63 after the Company announced fourth quarter results. Sales were $1.16 billion, beating the average analysts’ estimate of $1.15 billion. The loss was $102 million or 14 cents per share, while analysts predicted a loss of 18 cents.
Silicom Ltd (NASDAQ: SILC) augmented 17.37% to $22.87 after the Company announced fourth quarter results. The revenues increased 51% to $16.7 million. On a GAAP basis, the net income was $3.0 million or $0.43 per diluted share compared to $2.4 million or $0.34 per diluted share in the fourth quarter of 2011. On a non-GAAP basis, net income for the quarter increased 37% $3.4 million. The Company's cash, cash equivalents, bank deposits and marketable securities stood $56.9 million as of December 31, 2012.
Praxair Inc (NYSE: PX) decreased 1.39% to 112.44 after the Company announced 2012 results. The net income was $1,692 million and diluted earnings per share were $5.61 in 2012. The sales rose 5% to $11,224 excluding negative foreign currency translation and cost pass-through effects. The adjusted operating profit was $2,502 million compared to $2,469 million in the prior year. The increase was driven by higher volumes, higher pricing and productivity, partially offset by currency translation effects.
McDonald's Corporation (NYSE: MCD) moved up 0.20% to $93.03 after the Company announced fourth quarter results. Net income was $1.40 billion or $1.38 per share compared to $1.38 billion or $1.33 per share in the prior year quarter. However, analysts on average forecast $1.33 per share. Total sales increased 1.5% to $4.59 billion.
The Company announced near-term guidance. The Company expects top and bottom-line growth to remain pressured, with January 2013's global comparable sales expected to be negative.
Symantec Corporation (NASDAQ: SYMC) surged up 4.31% to $21.76 after the Company announced third quarter results. The profit was 45 cents per share, above the average analyst estimate of 38 cents.
Revenue increased 4% to $1.79 billion, beating the average view of $1.74 billion.
In addition, the Company said it is splitting the chief executive and chairman jobs.
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