Services Sector Review: Amazon in India, Android Top Smartphone

Abercrombie & Fitch Co. (NYSE:ANF): In its fiscal fourth quarter results, the Company expects to record material charges, including charges for impairments and write-downs of store-related long-lived assets, other charges related to store closures and lease terminations, and charges associated with legal settlements and the reclassification of the Company’s auction rate securities to trading securities. Excluding these charges, the Company expects to report non-GAAP earnings per share for the quarter of approximately $1.10 to $1.15 Pending finalization of the material charges mentioned above, the comparable U.S. GAAP earnings per share number is not available at this time but will be available when earnings are released on February 15, 2012.

The shares closed at $40.40, down $6.43, or 13.73%, on the day. Its market capitalization is $3.47 billion.

Amazon.com, Inc. (NASDAQ:AMZN) launched a new site in India, Junglee.com, which is a watered-down version of its global shopping portal, reported Associated Press. Junglee allows shoppers to compare prices, though most actual purchases must be made through third-party retailers.

The shares closed at $181.72, up $2.26, or 1.26%, on the day. Its market capitalization is $82.68 billion.

Google Inc. (NASDAQ:GOOG): comScore released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three-month average period ending December 2011. Device manufacturer Samsung ranked as the top OEM with 25.3% of U.S. mobile subscribers, followed by LG with 20% share and Motorola (NYSE:MOT) with 13.3% share. Apple (NASDAQ:AAPL) continued to gain ground in the OEM market with 12.4% share of total mobile subscribers, while RIM (NASDAQ:RIMM) rounded out the top five with 6.7% share. Google (NASDAQ:GOOG) Android ranked as the top smartphone platform with 47.3% market share, up 2.5 percentage points from September. Apple (NASDAQ:AAPL) maintained its #2 position, growing 2.2 percentage points to 29.6% of the smartphone market. RIM ranked third with 16 percent share, followed by Microsoft (NASDAQ:MSFT) at 4.7% and Symbian at 1.4%.

The shares closed at $585.11, up $4.28, or 0.74%, on the day. Its market capitalization is $190.24 billion.

AT&T Inc. (NYSE:T) and Orange Business Services announced a new inter-provider connectivity agreement for a global telepresence service that expands the features and capabilities of video collaboration, allowing enterprises to schedule telepresence meetings and seamlessly connect telepresence endpoints. This new service is available to all AT&T Telepresence Solution and Orange Telepresence Community customers using Cisco TelePresence endpoints. Orange Business Services os a unit of France Telecom-Orange (NYSE:FTE).

The shares closed at $29.79, up $0.19, or 0.64%, on the day. Its market capitalization is $176.57 billion.

Intl. Business Machines (NYSE:IBM): Acacia Research (NASDAQ:ACTG) announced that its Compression Technology Solutions LLC subsidiary has entered into a settlement agreement with International Business Machines Corporation (NYSE:IBM). This agreement resolves patent litigation that was pending in the United States District Court for the Eastern District of Missouri.

The shares closed at $191.53, down $1.09, or 0.57%, on the day. Its market capitalization is $225.74 billion.

The Gap Inc. (NYSE:GPS): In addition, it expects year-end inventory dollars per store to be below previous guidance.

The shares closed at $21.52, up $2.07, or 10.64%, on the day. Its market capitalization is $10.51 billion.

Kelly Services, Inc. (NASDAQ:KELYA) reported Q4 revenue $1.4B vs. consensus $1.41B.

The shares closed at $14.07, down $3.04, or 17.77%, on the day. Its market capitalization is $518.72 million.

The Brink’s Company (NYSE:BCO) reported Q4 revenue $997M vs. consensus $1.05B.

The shares closed at $24.41, down $5.21, or 17.59%, on the day. Its market capitalization is $1.14 billion.

DICE HOLDINGS, INC. (NYSE:DHX) sees Q1 revenue increase of 15% year-over-year. Consensus: $46.83M.

The shares closed at $8.27, down $1.72, or 17.22%, on the day. Its market capitalization is $549.59 million.

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