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Company news for December 16, 2013

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•    QUALCOMM, Inc. (NASDAQ:QCOM), revealed that current Chief Operating Officer Steve Mollenkopf will replace Paul Jacobs as CEO in March 2014

•    Quiksilver, Inc. (NYSE:ZQK) posted fourth quarter loss per share of $0.04, contrary to the Zacks Consensus Estimate of earnings per share of $0.04

•    Restoration Hardware Holdings Inc (NYSE:RH) reported third quarter earnings per share of $0.32, beating the Zacks Consensus Estimate of $0.28

•    Shares of Cisco Systems, Inc. (NASDAQ:CSCO) declined 1.3% after the company’s CFO reduced its long term revenue growth projections

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