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Pre-market Movers For April 11 (AA, TZOO, TITN, AAPL, NOK)

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Gainers:

Alcoa, Inc. (AA: Quote) is gaining over 5 percent to $9.85. The company reported a surprise profit for its first quarter, while analysts' were expecting the company to report a loss. However, quarterly profit declined 69 percent from last year.

Travelzoo Inc. (TZOO: Quote) is jumping 29 percent to $27.29 amidst the reports that the company is preparing to sell itself.

Titan Machinery, Inc. (TITN: Quote) is gaining 18 percent to $32.55. The company's fourth quarter earnings and revenue jumped from the previous year period and were also above consensus. In addition, the company expects fiscal 2013 results above analysts' estimates.

Apple Inc. (AAPL: Quote) is gaining over 1 percent to $635.51.

Decliners:

Nokia Corp. (NOK: Quote) is sliding over 15 percent to $4.26. The company lowered its first quarter 2012 outlook for Devices & Services business, citing multiple factors that negatively affected its business to a greater extent than previously expected. The company said its Devices & Services business continues to be in the midst of transition.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Here is a quick summary of the earnings reported after the bell on Nov 19. Keurig Green Mountain, Inc. (GMCR) reported net income for the fourth quarter of $141.1 million or $0.86 per share, compared to $127.0 million or $0.83 per share for the year-ago quarter. Excluding items, adjusted net... Women's apparel retailer L Brands, Inc. said Wednesday that its third quarter profit rose 43% from last year, as sales increased 7%. The company's quarterly earnings per share also came in above analysts' expectations. At the same time, the company forecasts fourth quarter earnings below analysts' current consensus estimate, but once again raised its full year earnings outlook. PetSmart, Inc. said Tuesday after the markets closed that its third quarter profit remained essentially flat with last year, as higher costs and expenses offset a 2.6% increase in sales. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly sales.
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