Stocks to Watch: NYSE Euronext, LinkedIn
NEW YORK (TheStreet) -- NYSE Euronext (NYX) said fourth-quarter profit declined as it incurred costs related to the failed merger with Germany's Deutsche Boerse.
NYSE Euronext, the operator of the New York Stock Exchange, earned $110 million, or 43 cents a share, in the fourth quarter, down from year-earlier profit of $135 million, or 51 cents.
The latest period included $46 million of costs from the collapsed deal with Deutsche Boerse.
Excluding the charges and other items, earnings in the quarter were $130 million, or 50 cents a share, compared with $120 million, or 46 cents, last year.
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LinkedIn(LNKD) , the business social networker , beat the consensus profit view for its fiscal fourth quarter and provided a solid outlook.
LinkedIn reported non-GAAP earnings of $13.3 million, or 12 cents a share, for the quarter ended in December on revenue of $167.7 million. It had revenue of $81.7 million a year earlier.
Analysts polled by Thomson Reuters expected earnings of 7 cents a share in the company's fiscal fourth quarter on revenue of $159.7 million.
Activision Blizzard(ATVI) , the game maker, beat Wall Street's fourth-quarter earnings expectations, posting a profit of 62 cents a share on revenue of $2.41 billion.
Activision saw strong sales in the quarter of its core World of Warcraft and Call of Duty franchises.
Revenue declined 5% from a year earlier.
Analysts were looking for earnings of 56 cents a share on revenue of $2.2 billion.
Alcatel-Lucent (ALU) posted an annual profit in 2011, its first since Alcatel and Lucent merged in 2006.
Paris-based Alcatel-Lucent, the telecommunications equipment maker, posted a 2011 profit of €1.1 billion ($1.46 billion) in 2011, a swing from a 2010 loss of €334 million, on cost cuts.
Arch Coal (ACI) is expected by analysts to earn 33 cents a share in the fourth quarter on revenue of $1.3 billion.
-- Written by Joseph Woelfel
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