A pair of technology sector giants headed in opposite directions after the bell
rang to close out Thursday trading. Google (NASDAQ: GOOG ) quickly dropped 9% in
early after-hours trading after the company reported fourth-quarter earnings of
$9.50 per share, well short of analyst expectations for $10.49. The companys
$8.1 billion in revenues also were off target by about $300 million. Meanwhile,
Intel (NASDAQ: INTC ) was up a modest 1% after its Q4 earnings report, in which
the company announced earnings of 69 cents per share up 10 cents from last year
and 8 cents ahead of estimates. Intels revenues of $13.9 billion also were up
significantly from the year-ago periods $11.5 billion. Financials also made some
waves on earnings Thursday. Morgan Stanley (NYSE: MS ) maintained its momentum
from yesterday , as a fourth-quarter earnings beat of 45 cents per share sent MS
stock up 5.4%. Morgan Stanley also announced a new quarterly dividend of 5
cents, giving MS shares a roughly 1% yield at its current price of $18.28. Bank
of America (NYSE: BAC ) also got a boost from its earnings report, but much of
it waned by afternoon. After reporting earnings of 15 cents per share (up from a
16-cent loss a year ago), BAC stock gained as much as 5% before finishing up a
more modest 2.4% at $6.96. After rewriting its own record books for two straight
days, Apple (NASDAQ: AAPL ) finally cooled off, but just a little bit. After
closing Wednesday at an all-time closing high of about $429 per share, it
dropped down to just under $428. Still, it remains one of several appealing
high-price stocks . Three Up F5 Networks (NASDAQ: FFIV ): Up 10.6% ($11.54) to
$120. NetApp (NASDAQ: NTAP ): Up 8.3% ($2.86) to $37.51. Barclays (NYSE: BCS ):
Up 7.9% (99 cents) to $13.53. Three Down Johnson Controls (NYSE: JCI ): Down
8.8% ($3.12) to $32.46. Navistar International (NYSE: NAV ): Down 6.9% ($2.87)
to $38.82. Electronic Arts (NASDAQ: EA ): Down 3.9% (72 cents) to $17.54. Kyle
Woodley is the assistant editor of InvestorPlace.com. As of this writing, he did
not hold a position in any of the aforementioned securities. Check out recaps
from previous trading days here .
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