Market Roundup (HAL, GXDX, NVS, INTC, AXP, CSX, TXN)

Shares of Halliburton Co HAL gained about 2% after the company reported its Q4 profit at $0.66 per share, up from $0.27 per share, in the year-ago period. The company's operating income surged to $0.68 per share, from $0.27 per share. HAL reported its revenue at $5.16 billion, versus $3.69 billion, in the year-ago quarter. However, analysts were expecting earnings of $0.63 per share on revenue of $4.86 billion. Shares of Genoptix Inc GXDX advanced about 25% after Novartis AG NVS announced its plans to buy GXDX for $470 million, or $25 per share, representing a 39% premium over GXDX's share value on December 13, 2010. Shares of Intel Corp INTC gained about 1.3% after the company's board lifted the quarterly dividend by 15% to 18.12 cents per share. The dividend will be payable on March 1 to the shareholders as of record on February 7. The company's board also authorized additional $10 billion for share buyback, which boosts the total buyback authorization to $14.2 billion. American Express Co AXP, CSX Corp CSX and Texas Instruments Inc TXN are all set to report their quarterly results after the closing bell. Wall Street expects American Express to report its Q4 earnings at $0.94 per share on revenue of $7.29 billion. However, analysts expect CSX to report its Q4 earnings at $1.10 per share on revenue of $2.67 billion. Texas Instruments is expected to report its Q4 earnings at $0.63 per share on revenue of $3.50 billion. AXP shares were up about 0.2%, CSX shares were up about 0.1% and TXN shares were up around 1.3%. Read more from Benzinga's Markets.
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