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

Gainers:

Alcoa, Inc. (AA) 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) is jumping 29 percent to $27.29 amidst the reports that the company is preparing to sell itself.

Titan Machinery, Inc. (TITN) 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) is gaining over 1 percent to $635.51.

Decliners:

Nokia Corp. (NOK) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Embark Veterinary Inc., a startup that makes dog DNA-testing kits for pet owners, vets and breeders, said it has raised $4.5 million in funding from investors and relocated its headquarters to Boston. The company intends to use the new funding to expand its canine genetic testing suite for pet owners, breeders, and veterinarians. Intel Corp. has completely shut down its wearables division about two weeks ago, CNBC reported, citing a person familiar with the matter. The company reportedly intends to focus on augmented reality. According to the CNBC report, Intel laid off about 80 percent of the team that made the Basis fitness watch in November 2016 and has now eliminated the division entirely. The Federal Trade Commission is investigating allegations that Amazon.com Inc. misled consumers about its pricing discounts, Reuters reported, citing a source close to the probe. The FTC probe is reportedly part of the agency's review of Amazon's proposed $13.4 billion deal to buy grocery chain Whole Foods Market Inc.
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