Apple, Netflix, Xerox are market movers
- Associated Press
- January 24, 2013 - 4:33 PM
NEW YORK - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Xerox Corp., up 17 cents at $7.75
The copier maker and business services provider said its fourth-quarter net income fell 11 percent, but it still beat Wall Street expectations.
Nokia Corp., down 38 cents at $4.26
Struggling with competition, the mobile phone maker posted a weak outlook and said it will not pay a 2012 dividend, to save money.
Brunswick Corp., up $2.41 at $35.22
The seller of boats and boat engines and fitness equipment maker posted fourth-quarter results that met Wall Street expectations.
Swift Transportation Co., up $2.91 at $13.14
The truckload delivery company posted results for the fourth quarter that topped what analysts expected.
Apple Inc., down $63.51 at $450.50
The maker of the iPhone and iPad reported quarterly results that point to slowing growth after five blowout years.
Netflix Inc., up $43.60 at $146.86
The online video subscription service reported fourth-quarter results with a gain of 2 million subscribers in the U.S.
Travelzoo Inc., up $4.67 at $23.88
The travel company's profit shrank in its most recent quarter, as the website hired more salespeople and spent more on marketing.
F5 Networks Inc., up $4.41 at $103.22
The information technology company said it will launch new products over the next two quarters that will increase revenue.
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