Nokia Corporation Closes Microsoft Deal; Merck & Co. Beats Analysts’ Expectations


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NYSE:NOK / NASDAQ:GOGO / NYSE:MRK / NYSE:RTEC
04/30/2014 [ACCESSWIRE]

Nokia Corporation (NYSE: NOK) – For an in-depth report on Nokia Corporation follow: www.BullTrends.com/stockquote/NOK

Shares of Nokia Corporation closed up nearly 6% on Tuesday with over 66 million shares traded. The stock was one of the biggest gainers in the NYSE. The company reported earnings that fell mostly in line with estimates. Nokia also finally closed the sale of its devices business to Microsoft and appointed Rajeev Suri, as CEO of the company.

Gogo Inc. (NASDAQ: GOGO) - For an in-depth report on Gogo Inc. follow: www.BullTrends.com/stockquote/GOGO

Shares of Gogo Inc. closed down 28.61% on Tuesday making it one of the biggest decliners on the NASDAQ. The stock traded a little more than 19.3 million shares which also made it one of the most active stocks. The decline may be the result of competitor wireless telecom company AT&T announcing that it would launch a competing in-flight Internet connection service by the end of 2015. 

Merck & Co. Inc. (NYSE: MRK) – For an in-depth report on Merck & Co. Inc. follow: www.BullTrends.com/stockquote/MRK

Shares of Merck & Co. closed up 3.60% on about 13.6 million shares traded. The stock was one of the most active stocks on the NYSE and hit a new yearly high of $58.86 during intra-day trading. The company’s first quarter profit rose 7 percent which beat Wall Street expectations. Excluding $896 million in restructuring and acquisition charges, net income was $2.6 billion, or 88 cents per share. This came in 9 cents better than analysts expected.

Rudolph Technologies Inc. (NYSE: RTEC) - For an in-depth report on Rudolph Technologies Inc. follow: www.BullTrends.com/stockquote/RTEC

Shares of RTEC closed down 13.44% on about 1.3 million shares traded. The stock was one of the biggest decliners in the NYSE and hit a new yearly low of $9.40 during intra-day trading. Earlier this week the company announced financial results for the first quarter 2014 and missed on revenues. The company was downgraded by Stifel.

 

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