Analysts Foresee Microsoft Profit Dip and 3 Heavily Traded Shares Moving Today
Nokia Corporation (NYSE:NOK): Current price $4.43
Nokia has released mechanical drawings of the Lumia 820’s back shell as part of a 3-D Printing Development Kit. The community manager John Kneeland says in the Nokia Conversations blog that Lumia 820 owners are allowed to use the drawings as templates through which to start creating their own phone shells with 3-D printers.
Applied Materials (NASDAQ:AMAT): Current price $12.63
On Thursday, Intel Corporation (NASDAQ:INTC) guided its full-year 2013 capital spending of $13.0 billion, plus or minus $500 million. Investors might see this as positive for names in the semi cap hardware and software space, as analysts at Goldman Sachs believe that Intel’s capital expenditure spending goal is quite positive for Applied Materials, although Goldman also thinks the chip maker’s capex plan might lead to pressure on its margin.
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Microsoft Corporation (NASDAQ:MSFT): Current price $27.17
Analysts predict that Microsoft will post decreased profits on January 24th when it reports its second quarter earnings. However, they are generally optimistic about the stock, even as they forecast Microsoft to come up with earnings of 76 cents per share, which would be down 2.6 percent year-over-year from 2011 when it reported earnings of 78 cents.
Research In Motion Limited (NASDAQ:RIMM): Current price $15.82
Research In Motion shares have received a fresh boost on Friday from yet another analyst upgrade. Analyst Peter Misek at Jefferies had a $5 price target on on the stock in September and is now an official BlackBerry bull after upgrading it to Buy and raising his price target from $13 to $19.50.
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