Facebook Inc (NASDAQ:FB) reported its fiscal 2013 fourth-quarter and full-year earnings Wednesday after markets closed. The Menlo Park, Calif.-based social network reported earnings-per-share of 31 cents on $2.59 billion in revenue, beating Wall Street expectations of 27 cents EPS on $2.32 billion in revenue. Facebook Inc (NASDAQ:FB) stock opened at $54.61 in last session, and closed at $53.53, while the day range of stock is $53.19 – $54.95. The stock showed a negative weekly performance of -6.92%.
Google Inc (NASDAQ:GOOG) is selling its Motorola Mobility smartphone unit to Lenovo for $2.9 billion so that the internet search firm giant can focus its efforts on the innovation of its Android operating system. This move will also allow the search company the ability to maximize its corporate profit and reduce operational costs. The deal with Lenovo, the world’s largest maker of PCs, was announced Wednesday. Google Inc (NASDAQ:GOOG) stock opened at $1,119.12, in last session and closed at $1,106.92, by losing -1.43%. The 52 week range of the stock is $746.54 – $1,167.89. Company’s market capitalization is $369.81 billion.
Twitter Inc (NYSE:TWTR) is scheduled to report its fourth quarter results on Wednesday, February 5 after the bell. It will be the microblogging company’s first quarterly result since Twitter went public on November 6, 2013. Only 27% of sell-side analysts have a Buy rating on the stock, with an average price target of $50. Twitter Inc (NYSE:TWTR) stock decreased -1.64% and finished the last session at $59.45. The EPS of the stock remained -0.30. Company’s market capitalization is $33.01 billion.
InvenSense Inc (NASDAQ:INVN) released its earnings data on Wednesday. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.03, Stock Ratings Network.com reports. InvenSense Inc (NYSE:INVN) stock opened the session at $19.05, and closed the session at $18.94. The 52 week range of the stock remained $9.09 – $21.82 and the day range was $18.89 – $19.48.