7 Radar Stocks: Priceline Flys 6% Higher, While SINA and URS Drop

After hitting a fresh 52-week high in regular trading hours, shares of Priceline.com Inc. (NASDAQ:PCLN) surged 6.25 percent in late trading.  The company reported profits of $226 million for the fourth quarter, compared to $135.7 million a year earlier.
SINA Corp. (NASDAQ:SINA) shares fell almost 4 percent after the closing bell.  The company reported net earnings of $9 million (14 cents per share).  However, analysts were expecting 16 cents per share.  “SINA’s online brand advertising grew 27% to a historical high in 2011. The strong results of SINA’s brand advertising business have enabled SINA to make significant investments in Weibo.com. During the fourth quarter, the popularity of Weibo.com continued to grow, especially in the mobile and tablet space, where usage now exceeds those via personal computers,” said Charles Chao, CEO of SINA.
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St Joe Co. (NYSE:JOE) shares edged lower after reporting fourth quarter results.  The company reported a loss of $328.6 million, compared to a loss of $2.7 million in the same quarter a year earlier.
Shares of Wells Fargo & Co. (NYSE:WFC) fell slightly in late trading, after closing nearly 3 percent higher on Monday.  Berkshire’s (NYSE:BRKB) Warren Buffett announced in an interview that if he had to own only one bank stock, it would probably be Wells Fargo.  Buffett also announced a personal stake in J.P. Morgan (NYSE:JPM).
URS Corp. (NYSE:URS) shares dropped .50 percent after reporting a lower net income in the fourth quarter.  The company earned $28.4 million (37 cents per share), compared to $60 million (75 cents per share) a year earlier.
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