11 Radar Stocks: McDonald’s Slips, J&J and Verizon Both Drop Over 1% After Earnings

McDonald’s Corp. (NYSE:MCD) shares slipped .15 percent after reporting fourth quarter results.  Net earnings increased 11 percent.  The fast-food giant earned $1.33 per share, compared to $1.16 per share from the previous year.  Shares of Yum! Brands (NYSE:YUM) remained flat on the news, while Wendy’s Co. (NYSE:WEN) edged .39 percent higher.

Shares of DuPont (NYSE:DD) fell more than 1 percent after reporting a 0.8 percent decrease in fourth-quarter profit.  Net income came in at $373 million, compared to $376 million a year earlier.

Investor Insight: Investors Await Apple’s Earnings on Tuesday.

Johnson & Johnson (NYSE:JNJ) fourth quarter earnings dropped 89 percent, as the company posted a $2.9 billion in charges.  The health-care company projected per share earnings of $5.05 to $5.15, below estimates of $5.21.  Shares declined 1.2 percent in early Tuesday trading.  Shares of CVS Caremark (NYSE:CVS) and Walgreen (NYSE:WAG) also declined.

Verizon Inc. (NYSE:VZ) shares declined 1.30 percent after reporting a fourth quarter loss because of a large pension-related charge.  The wireless company had projected revenue growth due to the strong demand in Apple’s (NASDAQ:AAPL) new iPhone.  The loss amounts to 71 cents per share, compared to a profit of 93 cents per share in the previous year.  Shares of AT&T (NYSE:T) and Sprint (NYSE:S) also headed lower in morning trading.

EMC Corp. (NYSE:EMC) shares jumped 5 percent in early trading.  The company’s net earnings surged 32 percent, from $628.6 million (29 cents per share) to $832 million (38 cents per share).

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To contact the reporter on this story: Eric McWhinnie at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com