Movers roundup: Starbucks shares soar; Seagate Technology stock jumps on outlook, upgradeJuly 23rd, 2009 Movers roundup: Starbucks, Seagate TechnologyAmong the stock activity stories for Wednesday, July 22, from AP Financial News:
NEW YORK (AP) — Shares of Starbucks Corp. soared after a number of analysts praised the company's cost-cutting efforts following the gourmet coffee chain's fiscal third-quarter profit report.
FedEx, Motorola, American Axle, Progressive, Covidien are among big market moversSeptember 11th, 2009 FedEx, Motorola, American Axle big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
FedEx Corp., up $4.66 at $77.32
The package delivery company raised its first-quarter earnings forecast on better-than-expected international shipments and cost cuts. Motorola Inc., up 71 cents at $8.68
The struggling phone maker unveiled its first device using Google's Android system, banking on it to attract consumers.
Nokia reports pre-tax loss for first quarterApril 16th, 2009 HELSINKI - Citing an 'exceptionally tough environment', Nokia, the world's largest maker of mobile phones, Thursday reported lower sales and a sharp drop in operating profit for the first quarter of 2009. The Finland-based company posted a pre-tax loss of 12 million euros ($15.8 million), compared to a pre-tax profit of 1.6 billion euros for the corresponding business period in 2008.
BlackBerry shares fall marginallyJanuary 22nd, 2009 TORONTO - BlackBerry maker Research In Motion's shares fell only slightly Thursday after the news that its two co-CEOs face a multi-million dollar fine from the market regulatory body. The co-CEOs - Jim Balsillie and Michael Lazaridis - face up to $100 million in fines from the provincial Ontario Securities Commission for their role in a stock option backdating controversy.
Sony incurs first net loss in 14 yearsMay 14th, 2009 TOKYO - Sony Corp suffered its first annual net loss in 14 years as the yen's rise against the dollar and harsh price competition amid the global economic downturn drove consumers away, the company said Thursday. Sony reported 98.9 billion yen ($1.03 billion) in net loss for the fiscal 2008 year against a 369.4-billion-yen net profit the year before.
Tokyo stocks lose 4 percent on Sony's expected operating lossJanuary 12th, 2009 TOKYO - Stocks lost more than 4 percent in Tokyo Tuesday as market sentiment was dampened by media reports on speculation that Sony Corp would incur an operating loss for the fiscal year. The Nikkei 225 Stock Average tumbled 380.32 points, or 4.3 percent, to end the morning session at 8,456.48.
Nokia Siemens in $650 million deal for Nortel NetworksJune 20th, 2009 Nokia Siemens buys Nortel in $650 million dealHELSINKI — Nokia Siemens Networks said Saturday it will buy Canadian-based Nortel Networks in a $650 million (€465 million) deal. "Nokia Siemens Networks has taken a significant step towards strengthening its leadership in Long Term Evolution, or LTE, next generation wireless technology and expanding its market presence in North America," Nokia Siemens said.
Nokia to plant sapling for every old handset returnedDecember 30th, 2008 BANGALORE - Global telecom major Nokia India will plant a sapling for every old mobile handset or accessory deposited with its dealers or customer care centres in this tech hub from Jan 1, the company said Wednesday. 'We want to educate mobile users on the importance of recycling e-waste.
Nokia posts 66 percent drop in 2Q profit, lowers yearly market share targetJuly 16th, 2009 Nokia profit drops 66 percent in 2QSTOCKHOLM — The world's top cell phone maker, Nokia Corp., on Thursday said second-quarter earnings fell 66 percent as the global recession sapped demand. The company scrapped its target to gain market share this year and its stock sagged.
Nokia announces mobile financial service based on Obopay's payment platformAugust 26th, 2009 Nokia announces mobile finance service Nokia MoneySAN FRANCISCO — Nokia Corp. on Wednesday announced a mobile financial service that the handset maker said will let users send money to others by typing in that person's cell phone number.
Nokia Siemens to upgrade Idea Cellular's networkJune 18th, 2009 NEW DELHI - Telecom equipment manufacturer Nokia Siemens Networks Thursday said it will upgrade Idea Cellular's network in 22 service areas in India. The company will use GPRS (general packet radio service) technology and its Unified Charging Solution to upgrade Idea's existing network that will enable the telcom major provide innovative mobile services like multimedia messaging, email, web browsing and online music.
Pandit's Citi, Sanjay Jha's Motorola among top losersApril 21st, 2009 WASHINGTON - Citigroup led by Indian-American chief executive Vikram Pandit and Motorola, headed by Sanjay Jha also of Indian origin, figure in the Fortune 500 list of firms posting some of the biggest losses last year. Citi clocked an annual loss of $27.7 billion while Motorola incurred a loss of $4.2 billion, the US business magazine's list released online Monday said.
Nokia Enters Quake III Arena with Multi-Player Support!November 28th, 2008 Quake III, do you remember that game? Being a gamer I lovedddddddd it because of so many ammos and guns it used to offer. Now I can not but sound excited coz Quake III has made a way into Nokia mobiles! The N95 8GB, E90 and N82 in particular are provided with that facility.
Car gizmos are making a zip entry into PunjabMarch 21st, 2009 LUDHIANA - With million of new cars hitting Indian roads every year, high-end car gizmos are making a zipping entry into Punjab, where people are extremely enthusiastic about using sophisticated gadgets. The trend is gaining momentum as Punjabis get interested in devices that allow not just listening to music but also watching TV, playing video games, charging laptops and talk effortlessly on the phone while driving.
Nokia N97 Mini $640 officially on OctoberSeptember 2nd, 2009 Nokia N97 mini is here and official. Its not another rumour off the gadgetophilics' brain.