Tech Data ( TECD) is expected by analysts Monday to report earnings of $1.76 a share in the fourth quarter on revenue of $7.22 billion. 5 Stocks Poised for Breakouts
Rig owner Transocean ( RIG) swung to a profit in the fourth quarter as revenue at the Swiss company rose 9% to $2.33 billion. Adjusted profit, excluding items, was 91 cents a share in the fourth quarter. Analysts were expecting earnings of 82 cents a share on revenue of $2.36 billion.
Arena Pharmaceuticals ( ARNA) is expected by analysts Monday to post a quarterly loss of 3 cents a share on revenue of $21.9 million.
A federal judge ruled that jurors miscalculated nearly half the $1 billion in damages it found Samsung owed Apple ( AAPL) for patent infringement. U.S. District Judge Lucy Koh wiped out $450 million from the verdict and ordered a new trial to reconsider damages related to 14 Samsung products jurors in August found were using Apple's technology without permission, The Associated Press reported. Koh said jurors had not properly followed her instruction in calculating some of the damages. Apple Shareholder Meeting: Tech Weekly Recap
Stratasys ( SSYS) is expected by Wall Street Monday to post fourth-quarter earnings of 38 cents a share on revenue of $52.8 million.
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