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TMCNet:  Apple, Netflix, Xerox are market movers

[January 24, 2013]

Apple, Netflix, Xerox are market movers

(Associated Press Via Acquire Media NewsEdge) NEW YORK -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE 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.

Nasdaq 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.

(c) 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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