Schaeffer's Trading Floor Blog

Buzz Stocks: Nokia, Apple, Amazon, and Ford Motor

Among today's stocks in the news to watch: NOK, AAPL, AMZN, and F

by 10/18/2012 8:56 AM
Stocks quoted in this article:

U.S. stocks are once again perched slightly in the red before the open, with a number of earnings reports and economic data to keep investors busy today. Elsewhere, here are some other stocks to watch:

  • Earnings news: Nokia Corporation (ADR) (NYSE:NOK) posted a 19% year-over-year drop in third-quarter revenue to $9.48 billion, while suffering a earnings-per-share loss of 26 euros, or 34 cents. Excluding items, the telecommunications firm lost 0.07 euros per share. Analysts were forecasting a per-share loss of 13 cents on $9.02 billion in revenue (CNET); Verizon Communications Inc. (NYSE:VZ) announced per-share earnings of 64 cents per share (excluding items), up from 49 cents the previous year. Revenue climbed 3.9% during the reporting period to $29 billion. Both figures were in line with analysts' estimates (CNET); eBay Inc (NASDAQ:EBAY) earned 45 cents per share in the third quarter on $3.4 billion in revenue. Analysts, however, were expecting per-share results of 54 cents and $3.41 billion in sales. For the current quarter, the online auction destination expects per-share earnings of 66 cents to 69 cents per share, surrounding Wall Street's expectations. (MarketWatch)

  • Apple Inc. (NASDAQ:AAPL) has lost its appeal over a ruling that Samsung's Galaxy Tablet did not infringe upon the iPad, in part because the Galaxy is simply "not as cool" as its rival. The UK Court of Appeal has also instructed Apple to publish ads asserting that Samsung did not in fact copy the iPad design. (CNBC)

  • You've got mail! AOL, Inc. (NYSE:AOL) has launched Alto, a web-based email service that can consolidate up to five different email accounts from different providers (including Gmail, Yahoo! Mail, and addresses). Users don't even need to have an AOL address to use the service. (CNN Money)

  •, Inc. (NASDAQ:AMZN) has its sights set on a new demographic for its Kindle devices -- students. The online retailing behemoth has started a campaign to bring the e-readers into classrooms (probably with the hope that this leads to increased sales for e-books and other digital offerings). (Marketplace)

  • Ford Motor Company (NYSE:F) has recalled 262,000 Fiesta vehicles from the 2011-2013 model years, 154,600 of which were sold in the U.S. The automaker wants to reprogram passenger-side airbags so they deploy in the event of a crash, even if the seat is empty. (Daily News)

  • Finally, one online auction bidder with impressive disposable income has shelled out $9,995 for a 20-year-old container of McDonald's barbeque sauce. To be fair, the sauce is branded with Michael Jordan's name and was part of the limited "McJordan" promotion. (Gawker)

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