Alcoa, Nokia, Owens-Illinois are market movers

AP News
Posted: Apr 11, 2012 4:49 PM
Alcoa, Nokia, Owens-Illinois are market movers

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:


Alcoa Inc., up 58 cents at $9.90

The aluminum manufacturer said that it earned 9 cents a share in the first quarter, surpassing analysts' forecasts for a small loss.

Nokia Corp., down 79 cents at $4.24

The Finland-based cell phone maker warned that heavy competition will hurt first-quarter results, especially in developing markets.

Owens-Illinois Inc., up $1.51 at $23.52

After cutting costs the glass container maker for the food and beverage industries said it expects strong first-quarter results.

Computer Sciences Corp., down 79 cents at $27.39

The provider of technology services to governments announced weak financial guidance for the fiscal fourth quarter and year.

Alpha Natural Resources Inc., up 36 cents at $14.63

The coal producer said that it appointed Paul Vining as the company's president. He takes over for the retiring Kurt Kost.


Travelzoo Inc., up $6 at $27.06

The online travel company reportedly is planning to sell itself after private equity firms and competitors expressed interest.

Titan Machinery Inc., up $4.58 at $32.05

The agriculture and construction equipment dealership chain said that its fiscal fourth-quarter profit jumped 72 percent.

Threshold Pharmaceuticals Inc., up 16 cents at $6.51

The drug developer got a $20 million milestone payment from Merck KGaA for results from a clinical pancreatic cancer trial.