Movers and downers on Wall Street today

Bank Of America Corporation (NYSE:BAC)- The banking giant reported a wider fourth-quarter loss of $5.2 billion, which was worse than the $3.9 billion loss forecast by analyst consensus from Thomson Reuters. The bank said that repaying funds to the Troubled Asset Relief Program hurt its bottom line by $4 billion.

Price:
16.54
change/change%
+0.22/+1.35

BHP Billiton Ltd (NYSE:BHP)- The world’s largest mining company said second-quarter iron ore production rose 11% to record levels on Chinese demand and rising prices.

Price:
78.12
change/change%
-2.91/-3.59

Bank Of New York Mellon Corp (NYSE:BK)- The world’s largest custody bank reported adjusted profit of 55 cents a share, beating analysts’ estimates.

Price:
30.37
change/change%
+0.84/+2.84

Covidien Plc (NYSE:COV)- The medical device supplier reported net income of $412 million, or 82 cents a share, compared to $386 million, or 76 cents a share in the year-ago period, beating analysts expectation.

Price:
51.66
change/change%
+2.21/+4.47

Brinker International Inc (NYSE:EAT)- The owner of the Chili’s Grill & Bar restaurant chain reported second-quarter profit excluding some items of 29 cents a share, well above analysts’ estimates.

Price:
17.25
change/change%
+1.94/+12.64

Lexicon Pharmaceuticals Inc (NASDAQ GM:LXRX)- The biotechnology company said its new drug, LX4211, showed “significant and rapid improvements” in treating patients with type 2 diabetes.

Price:
2.35
change/change%
+0.38/+19.29

Rambus Inc (NASDAQ GS:RMBS)- The computer memory chip designer said Samsung Electronics Co. agreed to pay $900 million to end all legal claims and they reached a new licensing agreement.

Price:
23.93
change/change%
+2.80/+13.25

EBay (NASDAQ GS: EBAY)- The online retailer is forecasted to report earnings of 40 cents a share in the fourth quarter, according to forecasters

Price:
22.29
change/change%
-0.96/-4.13

Starbucks (NASDAQ GS: SBUX)- The coffee maker is likely to post earnings of 27 cents a share in the first quarter, according to forecasters

Price:
23.25
change/change%
-0.33/-1.40

Coach Inc (NYSE: COH)- is likely to report second-quarter earnings of 72 cents a share according to forecasters

Price:
35.49
change/change%
-1.97/-5.25

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