U.S. Movers: Aetna, Amazon.com, ACE, Exxon Mobil, Northrop, Whirlpool

Mukesh Buch
01 Feb, 2012
New York City

Amazon.com fourth quarter net declined 58% to $177 million. ACE fourth quarter net slipped 25% to $750 million. Chrysler Group fourth quarter net income swung to $225 million. Exxon Mobil fourth quarter net increased to $9.4 billion. Northrop Grumman fourth quarter net soared to $548 million.

[R]10:40 AM New York –Amazon.com fourth quarter net declined 58% to $177 million. ACE fourth quarter net slipped 25% to $750 million. Chrysler Group fourth quarter net income swung to $225 million. Exxon Mobil fourth quarter net increased to $9.4 billion. Northrop Grumman fourth quarter net soared to $548 million.[/R]

Aetna Inc. ((AET)) increased 2.8% or $1.24 to $44.94 after the health care insurance company reported fourth quarter total revenues edged up to $8.57 billion from $8.54 billion in the same quarter last year. Net income in the quarter surged 73% to $372.6 million or $1.02 per diluted share compared to $215.6 million or $0.53 per diluted share in the year ago earlier.

For 2011 sales fell 1% to $33.8 billion from $34.2 billion. Net income for the year rose 12% to $1.98 billion or $5.22 per diluted share compared to $1.77 billion or $4.18 per share in the prior year.

Amazon.com, Inc. ((AMZN)) dropped 9.8% or $18.94 to $175.50 after the online marketing and promotional service provider reported fourth quarter net sales soared 35% to $17.43 billion from $12.95 billion in the same quarter last year. Net income in the quarter declined 58% to $177 million or 38 cents per diluted share compared to $416 million or 91 cents per diluted share in the year ago.

For 2011 sales surged 41% to $48.1 billion from $34.2 billion. Net income for the year slumped 45% to $631 million or $1.37 per diluted share compared to $1,152 million or $2.53 per share in the prior year.

ACE Limited ((ACE)) gained 4.1% or $2.91 to $72.51 after the Switzerland based insurance company reported fourth quarter gross premiums written rose to $4.86 billion from $4.56 billion in the same quarter last year. Net income in the quarter slipped 25% to $750 million or $2.20 per diluted share compared to $1,001 million or $2.92 per diluted share in the year ago.

Aflac Inc. ((AFL)) slipped 2.6% or $1.26 to $46.97 after the insurance company reported fourth quarter total revenues increased 13% to $6 billion from $5.3 billion in the same quarter last year. Net earnings in the quarter soared 25% to $546 million or $1.17 per diluted share compared to $437 million or $0.92 per diluted share in the year ago.

For 2011 total revenues rose 7% to $22.2 billion from $20.7 billion. Net income for the year decreased 16% to $1.96 billion or $4.18 per diluted share compared to $2.34 billion or $4.95 per share in the prior year.

Autoliv, Inc. ((ALV)) increased 1.2% or 76 cents to $63.85 after the Sweden based automotive safety systems supplier reported fourth quarter net sales grew 7% to $2 billion from $1.9 billion in the same quarter last year. Net income in the quarter fell to $159.7 million or $1.70 per diluted share compared to $178.8 million or $1.89 per diluted share in the year ago.

Broadcom Corporation ((BRCM)) gained 4.7% or $1.63 to $35.98 after the communication semiconductors maker reported fourth quarter total revenues fell 6.4% to $1.82 billion from $1.95 billion in the same quarter last year. Net income in the quarter decreased to $254 million or 45 cents per diluted share compared to $266 million or 47 cents per diluted share in the year ago earlier.

For 2011 sales increased 8.4% to $7.39 billion from $6.82 billion. Net income for the year slipped to $927 million or $1.65 per diluted share compared to $1,082 million or $1.99 per share in the prior year.

Chrysler Group LLC, the automotive company reported fourth quarter net revenue surged 41% to $15.1 billion from $10.8 billion in the same quarter last year. Net income in the quarter swung to $225 million compared to net loss of $199 million in the year ago earlier.

C.H. Robinson Worldwide, Inc. ((CHRW) slumped 6.9% or $4.77 to $64.07 after the logistics company reported fourth quarter total revenues increased 10.4% to $2.57 billion from $2.32 billion in the same quarter last year. Net income in the quarter increased 5.9% to $109.2 million or 67 cents per diluted share compared to $103.2 million or 62 cents per diluted share in the year ago period.

For 2011 sales increased 11.5% to $10.3 billion from $9.3 billion. Net income for the year increased 11.5% to $431.6 million or $2.62 per diluted share compared to $387.0 million or $2.33 per share in the prior year.

Exxon Mobil Corporation ((XOM)) rose 9 cents to $83.83 after the petrochemicals reported fourth quarter total revenues increased to $121.6 billion from $105.2 billion in the same quarter last year. Net income in the quarter increased 2% to $9.40 billion or $1.97 per diluted share compared to $9.25 billion or $1.85 per diluted share in the year ago period.

For 2011 sales increased to $486.4 billion from $383.2 billion. Net income for the year soared 35% to $41.1 billion or $8.42 per diluted share compared to $30.5 billion or $6.22 per share in the prior year.

Energizer Holdings, Inc. ((ENR)) fell 7 cents to $77.05 after the personal care products maker reported first quarter net sales rose 1.8% to $1.20 billion from $1.18 billion in the same quarter last year. Net earnings in the quarter increased to $143.8 million or $2.15 per diluted share compared to $110.4 million or $1.55 per diluted share in the year ago earlier.

Marathon Oil Corporation ((MRO)) rose 30 cents to $31.69 after the energy company reported fourth quarter total revenues increased to $3.8 billion from $3.4 billion in the same quarter last year. Net income in the quarter slipped to $549 million or 78 cents per diluted share compared to $706 million or 99 cents per diluted share in the year ago quarter.

Marathon Petroleum Corporation ((MPC)) soared 9.7% or $3.66 to $41.88 after the petroleum refiner reported fourth quarter reported fourth quarter total revenues increased to $19.4 billion from $17.5 billion in the same quarter last year. Net loss in the quarter swung to $75 million or 21 cents per diluted share compared to net income of $230 million or 64 cents per diluted share in the year ago period.

For 2011 sales soared to $78.6 billion from $62.4 billion in last year. Net income for the year surged to $2.4 billion or $6.67 per diluted share compared to $0.6 billion or $1.74 per share in the prior year.

Northrop Grumman Corporation ((NOC)) rose 1% or 59 cents to $58.64 after the aerospace and defense reported fourth quarter reported fourth quarter sales edged down to $6.5 billion from $6.9 billion in the same quarter last year. Net earnings in the quarter soared to $548 million or $2.09 per diluted share compared to $376 million or $1.27 per diluted share in the year ago.

For 2011 sales fell to $26.4 billion from $28.1 billion in last year. Net income for the year rose to $2.1 billion or $7.52 per diluted share compared to $1.9 billion or $6.32 per share in the prior year.

Thermo Fisher Scientific Inc. ((TMO)) advanced 3.6% or $1.93 to $54.83 after the medical equipments maker reported fourth quarter revenues increased 15% to $3.13 billion from $2.72 billion in the same quarter last year. Net income in the quarter fell 9.2% to $288.9 million or 77 cents per diluted share compared to $297.5 million or 71 cents per diluted share in the year ago period.

The NASDAQ OMX Group, Inc. ((NDAQ)) increased 2.2% or 56 cents to $25.32 after the stock exchange group reported fourth quarter revenues rose to $698 million from $648 million in the same quarter last year. Net income in the quarter fell to $82 million or 45 cents a diluted share compared to $110 million or 61 cents per diluted share in the year ago earlier.

Whirlpool Corporation ((WHR)) soared 10.3% or $5.64 to $59.96 after the home appliances maker reported fourth quarter sales were flat at $4.9 billion compared to $5 billion in the same quarter last year. Net earnings in the quarter rose to $205 million or $2.62 a diluted share compared to $171 million or $2.19 a diluted share in the year ago period.