Gainers:
Ford Motor Co. (F) is up 0.76 percent to $11.96. The company's first quarter profit declined from the previous year. However, earnings per share, excluding special items and income attributable to non-controlling interests, were above Wall Street view.
Merck & Co., Inc. (MRK) is gaining 1 percent to $38.93. The company's first quarter profit increased from the year-ago quarter and was above Wall Street view. Sales advanced from the previous year period, but fell short of the consensus estimate.
Nokia Corp. (NOK) is up 0.55 percent to $3.67. The company said its financial position remains strong, in response to Standard & Poor's credit rating announcement of downgrading company to 'BB+/B'.
Amazon.com Inc. (AMZN) is up over 16 percent to $228.25. The company's first quarter profit declined 35 percent from the year-ago period, but was sharply above Wall Street view. Net sales for the quarter increased 34 percent and topped consensus. The company expects to grow second quarter net sales between 20 percent and 34 percent.
Decliners:
Procter & Gamble Co. (PG) is falling 3 percent to $64.99. The company's third quarter profit declined from the previous year period. Net sales improved from the previous year, but was slightly below consensus. The company has lowered its 2012 core earnings per share forecast.
Allscripts Healthcare Solutions Inc. (MDRX) is plunging 43 percent to $9.04. The company's first quarter profit declined from the year-ago quarter and was sharply below Wall Street view. Revenue increased from prior year, but missed the consensus estimate. The company said its results were primarily affected by lower than expected sales and an unfavorable sales mix. The company also announced that Phil Pead's service as Chairman of the Board, director and officer of the company was terminated. The company also announced resignations of finance chief Bill Davis and three directors.
Trading halt:
Trading in shares of ZOLL Medical Corp. (ZOLL) was halted.
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