$ON Semiconductor(ON.US)$ shares jumped 7.8% after the company reported that fourth quarter earnings declined less than analysts were expecting.
The semiconductor company focused on automotive andf industrial end-markets said adjusted earnings for the year ended Dec. 31 fell to $1.25 a share, beating the $1.20 estimate by analysts polled by FactSet. Earnings declined from $1.39 a share a year earlier.
Revenue reached $2.02 billion i...