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ExelisInc (NYSE:XLS) reported 2012 financial results for the fourth quarter and full year of 2012. Fourth-quarter revenue was $1.4 billion, dropped 8 percent from the fourth quarter of 2011. Earnings were $0.45 per share, a 32 percent upsurge from the fourth quarter of 2011. Adjusted earnings were $0.47 per share for the fourth quarter, a 6 percent reduction from the same period in 2011. The company generated $259 million in free cash flow in the quarter.
In the last trading session, ExelisInc (NYSE:XLS) gained +2.33% and closed at $10.56 with the overall traded volume of 5.26 million shares.
Will XLS Continue To Move Higher? Find Out Here
Pepco Holdings, Inc. (NYSE:POM) recently reported fourth quarter results. GAAP earnings from ongoing operations were $285 million compared to $260 million in 2011. Power Delivery earnings improved year-over-year mainly due to higher electric transmission and distribution revenue resulting from higher rates driven by increased investment in arrangement.
In the last trading session, Pepco Holdings, Inc. (NYSE:POM) surged +1.18% to close at $20.53 and its total traded volume was 2.74 million shares more than the average volume of 1.90 million.
For How Long POM’s Gloss will Attract Investors? Find out via this report
Hospitality Properties Trust (NYSE:HPT) declared its financial results for the quarter and year ended December 31, 2012. Normalized funds from operations for the quarter ended December 31, 2012 were $93.9 million, or $0.76 per share. Net income for common shareholders was $18.5 million, or $0.15 per share, for the quarter ended December 31, 2012, compared to $30.7 million, or $0.25 per share, for the quarter ended December 31, 2011.
In the last trading session, Hospitality Properties Trust (NYSE:HPT) declined -1.91% and closed at $26.19 with the overall traded volume of 1.87 million shares.
Has HPT Found The Bottom And Ready To Gain Momentum? Find Out Here
Novavax, Inc. (NASDAQ:NVAX) declared financial results for the fourth quarter and year-ended December 31, 2012. For the fourth quarter of 2012, Novavax reported a net loss of $8.0 million, or $0.06 per share. The rise in the net loss in 2012 compared to 2011 was mainly a result of higher research and development spending, together withaugmented costs related to respiratory syncytial virus (RSV) clinical trials, higher employee-related costs and expenses relatedto the company's new manufacturing facility.
In the last trading session, Novavax, Inc. (NASDAQ:NVAX) jumped +0.55% and closed at $1.83.
What was the Moving Force behind NVAX On Bullish Run? Read This Research Report on NVAX
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