Company News: AVY, HSP, YUM, NWSA, APKT, APS, IVAC

• Avery Dennison (NYSE:AVY) reported Q4 EPS of $0.98, missing the Zacks Consensus of $0.97 per share by a penny. Revenues for the quarter rose 8% year-over-year to $1.64 billion, ahead of the Zacks Consensus Estimate of $1.60 billion

• Hospira (NYSE:HSP) reported Q4 EPS of $0.77, lower than the Zacks Consensus Estimate of $0.93 per share. Revenues for the quarter fell 6% year-over-year to $992.1 million, missing the Zacks Consensus Estimate of $1.035 billion

• Yum! Brands (NYSE:YUM) reported Q4 EPS of $0.63, ahead of the Zacks Consensus Estimate of $0.60 per share. Revenues for the quarter rose 5.6% year-over-year to $3.56 billion, ahead of the Zacks Consensus Estimate of $2.403 billion

• News Corp. (NASDAQ:NWSA) reported adjusted Q2 EPS of $0.29, ahead of the Zacks Consensus Estimates of $0.28 per share. Revenues for the quarter rose to $8.76 billion, ahead of the Zacks Consensus Estimate of $8.605 billion

• Share prices of telecom transmission devices, Acme Packet Inc (NASDAQ:APKT) increased 20.44% to $67.35 after the company reported better than expected results for its fourth quarter’s earnings and projected and improved outlook for the year ahead

• Credit card processor Alliance Data System Corp’s (NYSE:ADS), share prices increased 4.58% after the company reported better than expected earnings beating the Street’s expectations. The share prices of the company closed at $75.57

• Share prices of Intevac Inc’s (NASDAQ:IVAC) fell 9.0% to $12.64 after the pipe and valve maker reported their earnings results that came in below expectations

ACME PACKET INC (APKT): Free Stock Analysis Report
NEWS CORP INC-A (NWSA): Free Stock Analysis Report

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