Fiserv Inc.’s FISV -1.16% fourth-quarter earnings rose 23% due to higher revenue in its main business segments. For the new year, the company forecast earnings of $5.04 to $5.20 a share on revenue growth of 4% to 6%, bracketing the $5.11 and 5% estimates from analysts surveyed by Thomson Reuters. The company, which provide information technology to the financial and insurance industries, has... 

SEOUL -(MarketWatch)- Samsung Electronics Co. said Friday its fourth-quarter net profit rose 17% from a year earlier as record smartphone sales outweighed pressure from the firm’s other businesses, which have been hit by plunging demand in developed economies. Samsung, the world’s largest technology firm by revenue, said its net profit for the three months ended Dec. 31 rose to KRW4 trillion... 

Teradyne Inc.’s TER +7.87% fourth-quarter earnings more than doubled on a large tax-provision benefit as the maker of chip-testing equipment, but the company’s swung to a loss from continuing operations before taxes. Shares were up 7.3% at $17.31 after hours on the company’s better-than-expected outlook. Through the close, shares have risen 14% in the last year, better than the broader... 

Plexus Corp.’s PLXS +1.81% fiscal first-quarter earnings fell a less-than-feared 29% as strength in the manufacturing services company’s engineering business helped damp the effect of lower sales. Shares surged 9.7% to $36.46 after hours as the company also predicted an upbeat second-quarter profit of 51 cents to 58 cents, excluding any restructuring charges, with revenue between $550 million... 

Xilinx Inc.’s XLNX +7.17% fiscal third-quarter profit fell 17% on weaker revenue from the chip maker’s communications customers, though its earnings per share topped analysts’ estimates. Shares rose 7.1% to $37.82 after hours as the company predicted its fourth-quarter revenue would rebound by 2% to 6% sequentially, delivering between $521.3 million and $541.8 million in sales. Analysts’... 

Florida-based BankUnited Inc. BKU +3.23% has hired Goldman Sachs Group GS +0.13% to help explore a possible sale, Bloomberg Television reported Friday, citing a person with knowledge of the matter. Shares of BankUnited, which failed in 2009 and was taken over by a group of investors including Blackstone BX -0.20% and the Carlyle Group, shot up 11% and triggered a circuit breaker in Friday afternoon... 

PetSmart Inc. PETM +0.04% has appointed Chief Executive Lawrence Robert F. Moran as chairman and also promoted Executive Vice President David K. Lenhardt to president and chief operating officer. Moran has served as the pet product retailer’s CEO and president since 2009 and previously served as chief operating officer. Moran will retain his CEO title while Phil Francis, the board’s former... 

NEW YORK (MarketWatch) — Green Mountain Coffee Roasters Inc. GMCR +0.95% plunged nearly 40% in recent trading as rising inventory levels and changes to some wholesale customer’s ordering patterns suggested some cracks in the coffee company’s growth story. The results also seemed to give some credence to Greenlight Capital Inc.’s David Einhorn argument that Green Mountain shares... 

Concho Resources Inc.’s CXO -2.49% third-quarter earnings soared on derivative gains, while the oil and natural-gas company’s core earnings rose on another revenue surge. The company’s revenue jumped in recent quarters thanks to higher output, as well as better prices. In October of last year, it bought substantially all of the oil and gas assets of privately held Marbob Energy Corp.,... 

Google Inc. GOOG -0.24% agreed to submit to third-party privacy audits for the next 20 years to settle allegations it misused users’ personal information. The settlement with the Federal Trade Commission would resolve the agency’s complaint over Google Buzz, a social notification service the company built last year into Gmail. The feature allowed users to share photos, videos and updates...