Conneticut 1/30/2013 11:20:48 PM
News / Stocks

Earnings Review – Amazon.com (NASDAQ:AMZN), Broadcom Corporation (NASDAQ:BRCM), Robert Half International Inc. (NYSE:RHI)

Amazon.com, Inc. (NASDAQ:AMZN) shares declined after it reported its quarterly results and the Internet retail giant's sales

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Amazon.com, Inc. (NASDAQ:AMZN) shares declined after it reported its quarterly results and the Internet retail giant's sales and earnings were below the Wall Street's estimates. Profit for the three months that concluded Dec. 31 dropped 45% to $97 million, or 21 cents a share, compared with $177 million, or 38 cents, in the same quarter of 2011. Analysts had projected the e-commerce company to post revenue of $22.26 billion and earnings of 27 cents a share.

In the last trading session, Amazon.com, Inc. (NASDAQ:AMZN) fell -5.68% and closed at $260.53 with the overall traded volume of 10.08 million shares. AMZN has market cap of 117.93 billion and its beta value stands at 0.93 times.

Broadcom Corporation (NASDAQ:BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, reported financial results for its fourth quarter and year ended December 31, 2012. Net revenue for the fourth quarter of 2012 was $2.08 billion. This signifies a decline of 2.3% compared with the $2.13 billion reported for the third quarter.

Broadcom Corporation (NASDAQ: BRCM) also declared that its Board of Directors has approved a 10 percent surge in the quarterly cash dividend to $0.11 per share payable to holders of the Company's Class A and Class B common stock. Today's declaration builds on the Company's strategy to return significant capital to shareholders.

In the last trading session, Broadcom Corporation (NASDAQ: BRCM) reported the fall of 1.03% to close at $33.71 and its total traded volume was 8.13 million shares.

Robert Half International Inc. (NYSE:RHI) recently reported revenues and earnings for the fourth quarter ended December 31, 2012.  For the quarter ended December 31, 2012, net income was $58.6 million, or $.42 per share, on revenues of $1.03 billion.  Net income for the previous year’s fourth quarter was $42.6 million, or $.30 per share, on revenues of $973.5 million. For the year ended December 31, 2012, net income was $209.9 million, or $1.50 per share, on revenues of $4.11 billion. 

Robert Half International Inc. (NYSE:RHI) went down -1.00% and closed at $33.53 in the last trading session and its total traded volume was 2.52 million shares.

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