Agnico-Eagle Mines Ltd. (AEM) fell 5.1 percent to $32.47. The Toronto-based gold producer with operations in countries including Finland and Mexico swung to a fourth-quarter loss after a writedown of its Meadowbank mine and said its chief operating officer is leaving.
AMP Ltd. (AMP) : The Sydney-based asset manager said full-year profit fell 11 percent on costs related to its takeover of Axa Asia Pacific Holdings Ltd.’s Australian and New Zealand units.
Blue Nile Inc. (NILE) dropped 24 percent to $31.70. The online retailer of diamonds and fine jewelry forecast profit in 2012 of no more than 85 cents a share, missing the average analyst estimate of $1.06.
CBS Corp. (CBS) : The owner of the most-watched U.S. television network reported fourth-quarter sales of $3.78 billion, missing the $3.9 billion average of analysts’ estimates.
Clearwire Corp. (CLWR) fell 11 percent to $2.09. The wireless broadband provider reported a wider fourth-quarter loss on higher interest and tax costs and issued a full-year sales forecast of $1.25 billion, trailing analysts’ estimates of $1.36 billion.
Hyperdynamics Corp. (HDY) : The oil and gas exploration company said its Sabu-1 well off the shore of Guinea reached its planned total depth and an analysis indicates larger volumes of oil were formerly present in reservoirs and may have since leaked out.
Itron Inc. (ITRI) gained 13 percent to $45.28. The maker of utility meters was raised to outperform from neutral by Robert W Baird & Co., meaning the firm expects the shares to beat the U.S. equity market in risk-adjusted total return over the next 12 months. Baird cited fourth-quarter results and the acquisition of Smart Synch to improve technology.
JM Smucker Co. (SJM) fell 7.2 percent to $72.50. The maker of Folgers coffee reported third-quarter earnings excluding some items of $1.22 a share, missing the average analyst estimate of $1.41.
Marriott International Inc. (MAR) (MAR US): The largest publicly traded U.S. hotel chain reported fourth-quarter earnings that missed analysts’ estimates as demand from business groups remains weak.
MEMC Electronic Materials Inc. (WFR) : The second-largest U.S. polysilicon maker posted a fourth-quarter loss as the price for the main raw material in solar cells plunged and it had costs related to cutting production and its workforce.
NetApp Inc. (NTAP) : The maker of data-storage products said revenue in the third quarter was $1.57 billion, above the average analyst estimate of $1.56 billion. The company said it won a record number of new customers and significantly increased the amount of units shipped.
Nvidia Corp. (NVDA) dropped 5.7 percent to $15.25. The maker of graphics processors gave a first-quarter sales forecast that missed analysts’ estimates, providing more evidence that hard-disk shortages are cutting into PC production.
ReachLocal Inc. (RLOC) : The company that helps businesses buy online advertising said fourth-quarter profit was 12 cents a share, excluding some items, beating the average analyst estimate of 4 cents.
Tesla Motors Inc. (TSLA) : The maker of battery-powered cars run by entrepreneur Elon Musk said its fourth-quarter net loss widened to $81.5 million as electric Roadster sales end ahead of the release of Model S sedans.
United Rentals Inc. (URI) : The construction-equipment rental company acquired Coble Trench Safety, a specialty rental company. The terms of the deal were undisclosed.
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