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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
Tech giants Amazon.com, YouTube and Twitter as well as Verizon Communications are exploring bids for digital streaming rights to the National Football League or NFL's Thursday Night Football package, according to media reports. The NFL is likely to strike a multi-year deal for the digital streaming rights. However, the television audience for the NFL has declined for two consecutive years. Wynn Resorts Ltd. said Friday that former Chief Executive Officer Steve Wynn is not entitled to any severance payment of other compensation from the company. Wynn resigned last week as CEO and Chairman of the board following allegations of sexual misconduct. In a regulatory filing, Wynn Resorts said it entered into a separation agreement between Steve Wynn, and Wynn Resorts Holdings LLC. Beverages giant Coca-Cola Company on Friday reported a net loss for the fourth quarter, reflecting a one-time charge related to the U.S. tax reform and a double-digit decline in revenues. However, adjusted earnings per share matched analysts' expectations, while revenues beat their estimates. The company's shares are rising more than 2 percent in pre-market activity.
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