U.S. Movers: Danaher, Eli Lilly, Pfizer, Tyco, UPS, Valero

Mukesh Buch
31 Jan, 2012
New York City

Danaher fourth quarter net increased to $571 million. Eli Lilly fourth quarter net slumped 27% to $858 million and Pfizer fourth quarter net declined 50% to $1.44 billion. Tyco International first quarter net slumped to $333 million. United Parcel fourth quarter net slumped 29% to $725 million.

[R]11:35 AM New York – Danaher fourth quarter net increased to $571 million. Eli Lilly fourth quarter net slumped 27% to $858 million and Pfizer fourth quarter net declined 50% to $1.44 billion. Tyco International first quarter net slumped to $333 million. United Parcel fourth quarter net slumped 29% to $725 million.[/R]

Affiliated Managers Group, Inc ((AMG)) decreased 1.3% or $1.38 to $99.18 after the investment company reported fourth quarter revenue decreased to $402.4 million from $420.8 million in the same quarter last year. Net income in the quarter slipped to $40.3 million or $0.77 per diluted share compared to $62.0 million or $1.18 per diluted share in the year ago earlier.

Biogen Idec Inc. ((BIIB)) increased 1.4% or $1.60 to $118.18 after the biotechnology company reported fourth quarter total revenues increased 9% to $1.3 billion from $1.2 billion in the same quarter last year. Net income in the quarter increased to $300.2 million or $1.22 per diluted share compared to $240.3 million or $0.99 per diluted share in the year ago.

Celanese Corporation ((CE)) slipped 2% or $1.01 to $48.30 after the chemical producer reported fourth quarter net sales grew 7% to $1.61 billion from $1.51 billion in the same quarter last year. Net earnings in the quarter increased to $95 million or 60 cents per diluted share compared to $58 million or 36 cents per diluted share in the year ago earlier.

Danaher Corporation ((DHR)) fell 0.5% or 28 cents to $52.15 after the medical and industrial products maker reported fourth quarter sales increased to $4.72 billion from $3.43 billion in the same quarter last year. Net earnings in the quarter increased to $570.7 million or 80 cents per diluted share compared to $473.8 million or 69 cents per diluted share in the year ago.

For 2011 sales soared to $16.1 billion from $12.5 billion. Net income for the year surged to $2.17 billion or $3.11 per diluted share compared to $1.79 billion or $2.64 per share in the prior year.

Eli Lilly and Company ((LLY)) rose 0.9% or 38 cents to $39.63 after the pharmaceutical company reported fourth quarter total revenue fell 2% to $6.0 billion from $6.2 billion in the same quarter last year. Net income in the quarter slumped 27% to $858.2 million or $0.77 per diluted share compared to $1,169.6 million or $1.05 per diluted share in the year ago.

For 2011 total revenue increased 5% to $24.3 billion from $23.1 billion. Net income for the year decreased 14% to $4.35 billion or $3.90 per diluted share compared to $5.07 billion or $4.58 per share in the prior year.

Entergy Corporation ((ETR)) fell 0.2% or 17 cents to $70.26 after the integrated energy company reported fourth quarter total revenue fell to $2.49 billion from $2.53 billion in the same quarter last year. Net income in the quarter dropped to $154.1 million or $0.87 per diluted share compared to $228.3 million or $1.26 per diluted share in the year ago period.

Helmerich & Payne, Inc. ((HP)) gained 3% or $1.81 to $62.14 after the oil and gas wells driller reported first quarter net revenue increased to $732.6 million from $594.6 million in the same quarter last year. Net income in the quarter increased to $144.3 million or $1.32 per diluted share compared to $104.1 million or $0.96 per diluted share in the year ago earlier.

Hologic, Inc. ((HOLX)) increased 6.5% or $1.25 to $20.45 after the surgical products maker reported first quarter net revenue grew 9.3% to $472.7 million from $432.6 million in the same quarter last year. Net income in the quarter soared to $20.8 million or 8 cents per diluted share compared to $10.9 million or 4 cents per diluted share in the year ago earlier.

Illinois Tool Works Inc. ((ITW)) fell 0.6% or 32 cents to $52.88 after the industrial products and equipment maker reported fourth quarter total revenues increased 10.4% to $4.32 billion from $3.91 billion in the same quarter last year. Net income in the quarter increased to $442.2 million or 91 cents per diluted share compared to $335.7 million or 67 cents per diluted share in the year ago period.

For 2011 revenue increased to $17.8 billion from $15.4 billion. Net income for the year surged to $2.07 billion or $4.19 per diluted share compared to $1.50 billion or $2.99 per share in the prior year.

Mattel, Inc. ((MAT)) gained 5.8% or $1.73 to $31.26 after the toy products maker reported fourth quarter sales rose 1% to $2.15 billion from $2.12 billion in the same quarter last year. Net earnings in the quarter increased 14% to $370.6 million or $1.07 per diluted share compared to $325.2 million or $0.89 per diluted share in the year ago quarter.

Pfizer Inc. ((PFE)) fell 0.3% or 7 cents to $21.51 after the biopharmaceutical company reported fourth quarter revenue fell 4% to $16.7 billion from $17.3 billion in the same quarter last year. Net income in the quarter declined 50% to $1.44 billion or 19 cents per diluted share compared to $2.89 billion or 36 cents per diluted share in the year ago.

For 2011 revenue rose 1% to $67.4 billion from $67.1 billion. Net income for the year surged 21% to $10.0 billion or $1.27 per diluted share compared to $8.26 billion or $1.02 per share in the prior year.

Rent-A-Center, Inc. ((RCII)) dropped 7.3% or $2.72 to $34.47 after the rental and leasing company reported fourth quarter total revenue grew 8.9% to $737.5 million from $677.1 million in the same quarter last year. Net income in the quarter increased to $49.3 million or 83 cents per diluted share compared to $31.9 million or 49 cents per diluted share in the year ago period.

Tyco International Ltd. ((TYC)) increased 2.4% or $1.19 to $50.40 after the Switzerland based conglomerates reported first quarter net revenue fell 4% to $4.21 billion from $4.38 million in the same quarter last year. Net income in the quarter slumped to $333 million or $0.71 per diluted share compared to $659 million or $1.34 per diluted share in the year ago earlier.

The McGraw-Hill Companies, Inc ((MHP)) slipped 2.7% or $1.26 to $45.05 after the printing and publishing company reported fourth quarter sales rose 2% to $1.52 billion from $1.50 billion in the same quarter last year. Net earnings in the quarter surged 39% to $214 million or 73 cents per diluted share compared to $154 million or 50 cents per diluted share in the year ago quarter.

United Parcel Service, Inc ((UPS)) fell 0.8% or 65 cents to $75.50 after the parcel delivery company reported fourth quarter revenue grew 5.6% to $14.2 billion from $13.4 billion in the same quarter last year. Net income in the quarter slumped 29.3% to $725 million or $0.74 per diluted share compared to $1,025 million or $1.02 per diluted share in the year ago.

Valero Energy Corporation ((VLO)) rose 0.9% or 22 cents to $24.50 after the petroleum refinery reported fourth quarter operating revenue increased to $34.7 billion from $22.2 billion in the same quarter last year. Net income in the quarter swung to $45 million or 8 cents per diluted share compared to net loss of $438 million or 77 cents per diluted share in the year ago earlier.

For 2011 revenue soared to $126 billion from $82.2 billion. Net income for the year surged to $2.09 billion or $3.68 a diluted share compared to $324 million or $0.57 per share in the prior year.