Corning Inc. (NYSE: GLW) said it will more than double spending this year in order to generate annual sales of $10 billion by 2014.
U.S. stocks wavered in early trade on Friday after a government report showed that U.S. added fewer jobs than forecast for January, while the unemployment rate unexpectedly declined to its lowest level since April 2009
The companies whose shares are moving in pre-market trade on Friday are: JDS Uniphase, Aetna, PulteGroup, Symantec, Tesoro, Las Vegas Sands, Fiserv and Wynn Resorts.
The top after-market NYSE gainers on Thursday are: Alliant Techsystems, Goodyear Tire & Rubber, Tyson Foods, Vonage Holdings and China Yuchai International. The top after-market NYSE losers on Thursday are: DHT Holdings, Teekay Tankers, RealD, Las Vegas Sands and Netsuite.
Nokia's widely speculated transition to a new operating system would benefit rival Research In Motion as it provides an opportunity to expand in international markets.
Market analysts speculate that Nokia would eventually join the Google's Android or Microsoft's Windows Phone 7 ecosystem.
U.S. stocks, after selling-off in the early session, bounced back to finish moderately higher on some positive economic news, despite continued political unrest in Egypt.
The political chaos in Egypt and floods around the world have sent cotton prices skyrocketing.
Retail clothing stores such as Ann Taylor are leading the way so far on strong retail report by the Institute for Supply Management
U.S. stocks declined in early trade on Thursday as political crisis in Egypt overshadowed better-than-expected economic reports on weekly jobless claims, non-farm productivity and monthly factory orders.
U.S. stocks fell modestly in early trade on Thursday despite better-than-expected weekly jobless claims data as mixed earnings and political crisis in Egypt weighed on the sentiment.
The companies whose shares are moving in pre-market trade on Thursday are: Dow Chemical, GameStop, Yum Brands, CF Industries Holdings, Micron Technology, Merck & Co and Cvs Caremark.
The top after-market NYSE gainers on Wednesday are: Magnetek, Hartford Financial, Magna International, NeoPhotonics and 99 Cents Only Stores. The top after-market NYSE losers on Wednesday are: Ameriprise Financial, Ace, International Coal Group, Global Partners and InterXion Holding.
ThinkEquity has outlined its top consumer stock picks for 2011. The stocks include: Life Time Fitness, PetSmart, Williams-Sonoma, Coach, and Advance Auto Parts.
Internet company AOL, Inc. (AOL) reported better-than-expected fourth quarter results on the top-line, with in-line earnings. Management believes that 2011 is the come back year for AOL. Jefferies & Co. reduced its price target on shares of AOL to $26 from $27, while maintaining its hold rating.
Stocks finished narrowly mixed in uneasy trading as the political crisis in Egypt seems to be worsening as fighting between forces supporting President Hosni Mubarak and those who oppose him intensify.
ThinkEquity has outlined its top technology stock picks for 2011. The stocks include AMD, Spansion, Entropic, Micron Technology, Nvidia, Aruba Networks, Mellanox, Stec, Google and Priceline.
The companies whose shares are moving in pre-market trade on Wednesday are: Electronic Arts, Anadarko Petroleum, Freeport-McMoRan, CME Group, Broadcom, Whirlpool, Boston Scientific and Netflix.
The top after-market NYSE gainers on Tuesday are: First Marblehead, Hershey Foods, MEMC Electronic, Timberland, Elan Corp, United Microelectronics, Bank of Ireland, NRG Energy and RSC Holdings
The top after-market NYSE losers on Tuesday are: North American Energy Partners, United Rentals, Global Cash Access, Statoil ASA, Liz Claiborne, ProLogis, Boston Scientific, Mechel Steel Group and Cash Store Financial Services.
The Dow Jones Industrial Average and S&P 500 finished above 12,000 and 1,300 points, resepctively, for the first time since mid-2008.
U.S. stocks, led by Pfizer and Bank of America, surge.
