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Comcast Corporation (NASDAQ: CMCSA) stock lost
0.2 percent after the company reported mixed fourth quarter
results. Comcast said it earned 49 cents per share on revenue of $21.025 billion, while Wall Street analysts were expecting the
company to earn 47 cents per share on revenue of $21.82 billion.
United Technologies Corporation (NYSE: UTX) lost 0.4
percent despite the aerospace company reporting a better than expected fourth
quarter earnings. United Technologies earned $1.60 per share in the fourth quarter on revenue of $15.7 billion, while Wall
Street analysts were expecting the company to earn $1.56 per share on revenue of $15.4 billion.
Cerus Corporation (NASDAQ: CERS) soared higher by
30 percent after the biomedical products company issued an
encouraging update to its phase 3 trial called INTERCEPT. Cerus said primary efficacy and safety endpoints were successfully
achieved in a chronically transfused patient population and supports the company's mark submission which is planned for the second
half of 2018.
Sharing Economy International Inc (NASDAQ: SEII)
gained more than 10 percent after the China-based company announced a new partnership with Asiabots Ltd. As part of the
partnership, the two companies will focus on developing artificial intelligence and machine learning business solutions for
cross-regional business clients, including major retailers and consumer products companies.
Microsemi Corporation (NASDAQ: MSCC) gained around
5 percent Wednesday morning after ending Tuesday's session higher by nearly 6 percent. The marketer of analog and mixed-signal
semiconductor solutions was rumored
to be in talks to sell itself.
Ford Motor Company (NYSE: F) gained nearly 1 percent
early Wednesday morning. The automaker is scheduled to report its fourth quarter results after Wednesday's market close.
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