Samsung Electronics Co. estimated Thursday that its fourth-quarter operating income dropped 37 percent.
In its earnings preview, Samsung put its October-December operating profit at 5.2 trillion won ($4.7 billion), which was still higher than analysts' consensus of 4.9 trillion won according to FactSet, a financial data provider.
21:31 Time Warner jumps after hours on report it could sell for $110 per share to AT&T
13:11 Morgan Stanley profit jumps on bond-trading comeback
12:47 U.S. housing starts tumble on weak multi-family construction activity
10:31 Gloom Falls Over Samsung as Phone Group Frets Lost Bonuses, Jobs