AI
Thursday, January 10, 2013 9:57:27 PM
Nokia (NOK 4.34, +0.59) is surging 16.0% after the company said the sales of its Lumia handset will result in better-than-expected fourth quarter earnings. However, the company still projects a decline in net sales when compared to December 2011.
Apple (AAPL 523.14, +6.04) is advancing 1.2% following reports from Reuters which indicated the company's Chief Executive Officer Tim Cook met with the chairman of China Mobile (CHL 58.24, +0.94) to talk about "matters of cooperation." China Mobile, which has over 700 million subscribers, does not currently offer Apple products on its network.
Molycorp (MCP 8.54, -2.25) is plunging 20.8% following an update from the company's new rare earth complex. While, the new facility is operational and moving towards full-scale production, Molycorp anticipates lower than expected revenue and cash flow for 2013.
DragonWave (DRWI 2.82, -0.60) is slumping 17.5% after missing on earnings. In addition, the company issued downside fourth quarter guidance.
Tiffany (TIF 58.00, -5.36) is slumping 8.5% after the jewelry retailer said it expects its fourth quarter earnings to be near the low end of its prior guidance range.
http://finance.yahoo.com/marketupdate/update
Apple (AAPL 523.14, +6.04) is advancing 1.2% following reports from Reuters which indicated the company's Chief Executive Officer Tim Cook met with the chairman of China Mobile (CHL 58.24, +0.94) to talk about "matters of cooperation." China Mobile, which has over 700 million subscribers, does not currently offer Apple products on its network.
Molycorp (MCP 8.54, -2.25) is plunging 20.8% following an update from the company's new rare earth complex. While, the new facility is operational and moving towards full-scale production, Molycorp anticipates lower than expected revenue and cash flow for 2013.
DragonWave (DRWI 2.82, -0.60) is slumping 17.5% after missing on earnings. In addition, the company issued downside fourth quarter guidance.
Tiffany (TIF 58.00, -5.36) is slumping 8.5% after the jewelry retailer said it expects its fourth quarter earnings to be near the low end of its prior guidance range.
http://finance.yahoo.com/marketupdate/update
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