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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
Royal Bank of Canada got the highest ranking in overall customer satisfaction among the five biggest Canadian banks, according to the results of an annual survey released Thursday. The lender toppled Toronto-Dominion Bank, which had held the top spot for the past ten years. Ford Motor Co.(F) reported a profit for the second-quarter that declined 8.8 percent from last year, while total revenue increased about 6 percent. The company now sees risks challenging achieving 2016 guidance. ConocoPhillips on Thursday reported a loss for the second quarter that widened from last year, reflecting lower revenues and one-time charges. The results for the quarter missed analysts' estimates. However, the company raised its production outlook for the full-year. Like other companies in the oil industry, ConocoPhillips is struggling with lower oil prices.
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