Wells Fargo ( WFC) reported fourth-quarter earnings of 61 cents a share, in line with Wall Street estimates. Shares of the company were falling 0.3% to $32.40.
ASML ( ASML), the Dutch maker of semiconductor equipment, said fourth-quarter profit surged from a year earlier as the company achieved record sales and bookings and ramped up production at its factories to meet demand. Shares of the company edged lower by 1.5% to $39.51 in early trading.
John Havens, who has led Citigroup's ( C) institutional clients group for the past three years, is expected to be named president and chief operating officer, the Wall Street Journal reports. CEO Vikram Pandit briefed the board on the management change Tuesday after the bank reported quarterly profits that fell far short of Wall Street expectations. Shares of Citigroup fell 0.2% to $4.79.