4 Hot Radar Stocks: Dell Edges Lower, Autodesk Pops, and Apple Welcomes Art Levinson
Shares of Dell Inc. (NASDAQ:DELL) are edging .38% lower in late trading after reporting third quarter earnings. Net income for the personal computer company rose to $893 million (49 cents per share), compared to $822 million (42 cents per share) in the same quarter a year earlier. However, revenue fell 0.2% to $15.37 billion from the year earlier quarter. Shares of Hewlett-Packard (NYSE:HPQ) are also heading lower in late trading.
Investing Insights: Dell Inc. Earnings Cheat Sheet: Strong Margins Continue as Net Income Rises.
Autodesk Inc. (NASDAQ:ADSK) shares are up 1.35% in extended trading. The company reported a 36% boost in earnings for the third quarter. Net income increased to $72.8 million (32 cents per share), compared to $53.6 million (23 cents per share) last year.
Don’t Miss: ANN Inc. Third Quarter Earnings Sneak Peek.
Despite naming a new member to its board, Apple (NASDAQ:AAPL) is relatively flat after the closing bell. The company announced that it has named Art Levinson as non-executive chairman. “Art has made enormous contributions to Apple since he joined the board in 2000,” Chief Executive Tim Cook said in a press release. “He has been our longest serving co-lead director, and his insight and leadership are incredibly valuable.” Competitors include: Google (NASDAQ:GOOG), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT).
Agilent Technologies Inc. (NYSE:A) is down more than 2% in late trading after reporting its results for the fourth quarter. Net income for the scientific and technical instruments company fell to $289 million (82 cents per share), compared to $292 million (83 cents per share) a year earlier. This is a decline of 1% from the year earlier quarter. Competitors to watch include: LeCROY Corp (NASDAQ:LCRY) and Wireless Telecom Group, Inc. (AMEX:WTT).
Investing Insights: Agilent Technologies Inc. Earnings Cheat Sheet: The Streak is Broken.