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 5/10 Good --- aapl.bloggingstocks.com http://aapl.bloggingstocks.com/rss.xml
Thursday, July 17, 2008 --- 34 days ago http://www.bloggingstocks.com/2008/07/17/before-the-bell-nok-cal-yum-aapl-gm-f-u
| Filed under: Earnings reports , Analyst reports , Analyst upgrades and downgrades , Apple Inc (AAPL) , Starbucks (SBUX) , Ford Motor (F) , General Motors (GM) , Nokia Corp. (NOK) , Advanced Micro Dev (AMD) , Yum Brands (YUM) , United Technologies (UTX) , Wells Fargo (WFC) Before the bell: Futures higher ahead of housing data and a wave of earnings; JPM, KO already reported Nokia Corp. (NYSE: NOK ) shares are up over 7.4% in premarket trading after the world's largest maker of handsets said second-quarter profit fell 61% to $1.75 billion, or 46 cents per share, while sales rose 4% to $20.87 billion. Excluding items, Nokia's profit rose 8% to $2.18 billion. Nokia beat estimates of earnings of 56 cents per share on $20.05 billion in revenue, according to Thomson Financial. The mobile phone maker slightly raised its forecast for the mobile phone industry, saying volume would grow 10% or more in 2008. Continental Airlines (NYSE: CAL ) are up again this morning after climbing 38% Wednesday with the rest of the airline stocks. Continental swung to a second-quarter loss , hurt by record high fuel prices and weakening economic conditions. Still the losses of $3 million, or 3 cents per share, or excluding one-time items totaled $25 million, or 25 cents per share, beat expectations of a loss of 49 cents per share. Yum Brands (NYSE: YUM ) shares are down 4.3% in premarket trading after it reported a second-quarter profit of $224 million, or 45 ce ... |
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