Lexmark International Inc (NYSE: LXK) declined 12.81% to $24.40 on a traded volume of 2.18 million shares. The Company announced fourth quarter results. GAAP revenue was $967 million includes $1 million of acquisition-related adjustments. Non-GAAP1 revenue declined 9% to $968 million. GAAP earnings per share were $0.10 compared to GAAP earnings of $0.94 per share in the fourth quarter of 2011. Non-GAAP earnings were $0.61 per share compared to non-GAAP earnings of $1.25 per share in the fourth quarter of 2011.
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Ford Motor Company (NYSE: F) slipped 5.55% to $13.02 on a traded volume of 67.79 million shares. The Company reported fourth quarter EPS of $0.31, above the analyst estimate of $0.25. Revenue for the quarter was $36.5 billion versus the consensus estimate of $33.17 billion.
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EMC Corporation (NYSE: EMC) decreased 5.16% to $23.90 on a traded volume of 69.85 million shares. The Company announced fourth quarter and year end results. The earnings were $869.9 million or 39 cents per share compared to $832 million or 38 cents per share in the prior year period. Revenue rose 8% to $6.03 billion. The Wall Street estimates of 52 cents per share on $5.99 billion in revenue. EMC earned $2.73 billion or $1.23 per share compared to $2.46 billion or $1.10 per share in 2011. Revenue was $21.71 billion versus $20.01 billion in 2011.
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Oxford Resource Partners LP (NYSE: OXF) went down 28.79% to $4.23 on a traded volume of 804k shares. Oxford Resource Partners to suspend the cash distributions on both its common and subordinated units for its fourth quarter ended December 31, 2012. This is determined based upon continued weakness in the coal markets.
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Netflix Inc (NASDAQ: NFLX) increased 0.89% to $163.55 on a traded volume of 3.54 million shares. The Company intends to offer $400 million aggregate principal amount of senior notes due 2021 through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.
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