Fossil, Inc. (FOSL: Quote) is rising 0.55 percent to $108.05. The company's fourth quarter profit jumped 28 percent from the previous year period. Net sales improved and topped analysts' estimate. The company forecast first quarter earnings per share below Wall Street view and fiscal 2013 earnings per share in-line with analysts' estimate.
Amazon.com Inc. (AMZN: Quote) is up over 1 percent to $260.44.
Coca-Cola Co. (KO: Quote) is down 0.75 percent to $38.32. The company's fourth quarter profit improved from the year-ago quarter and its non-GAAP earnings per share were above Wall Street view by a penny. Quarterly net revenues grew 4 percent, with comparable net revenues rising 4 percent.
Goodyear Tire & Rubber Co. (GT: Quote) is falling 3 percent to $13.49. The company reported breakeven results for the fourth quarter. Sales declined 11 percent from the year-ago quarter and missed the consensus estimate. While lowering the segment operating income guidance for 2013, the company said it still expects long-term growth in the global tire industry but at a slower pace near term than previously forecast.
Ocean Rig UDW Inc. (ORIG: Quote) is down nearly 4 percent to $16.90 based on the news that DryShips Inc. (DRYS) is offering to sell 5 million Ocean Rig common shares in an underwritten public offering.
by RTT Staff Writer
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