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The Boeing Company (NYSE: BA) shares closed down 5.33 percent on Wednesday with nearly 16 million shares traded. The stock was one of the most active stocks on the NYSE. Despite posting a solid 4Q profit, the stock dragged lower after the company said this year's profit and revenue would grow less than analysts had been expecting. Boeing predicted 2014 revenue of $87.5 billion to $90.5 billion — at least $2 billion less than expected by analysts surveyed by FactSet.
Get more information on The Boeing Company and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/BA
Yahoo! Inc. (NASDAQ: YHOO) shares closed down 8.71 percent on about 65 million shares traded on Wednesday. Shares tumbled after the company posted a bigger-than-expected drop in ad revenue. Despite Yahoo’s fiscal fourth-quarter adjusted earnings beat analyst expectations, the company’s display-ad revenue, excluding traffic acquisition costs, fell about 6% to $491 million.
Get more information on Yahoo! Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/YHOO
Tranzbyte Corporation (OTC: ERBB) shares closed down 18.42 percent on Wednesday with about 388 million shares traded. The stock was one of the biggest decliners in the OTC market as well as one of the most active. The company announced on January 28th that after it had believed it had reached a verbal agreement with PARC, a licensed Arizona dispensary in Phoenix, a final written agreement could not be achieved. As a result, both PARC and Tranzbyte have agreed not to proceed regarding the placement of Tranzbyte's age-verifiable ZaZZZ machine at the PARC Dispensary as previously announced by Tranzbyte on January 22, 2014.
Get more information on Tranzbyte Corporation and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/ERBB
Freescale Semiconductor, Ltd. (NYSE: FSL) shares closed up 14.71 percent on Wednesday with nearly 12 million shares traded. The stock was one of the biggest gainers on the NYSE and hit a new 52-week high of $18.27 during intra-day trading. The company reported revenue of $1.08 billion, above analyst consensus estimates of $961 million and up 13% from the year-earlier quarter. This was the company’s strongest growth in almost two years.
Get more information on Freescale Semiconductor, Ltd. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/FSL
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