Ford Motor, Gap, Nokia, Comcast Catching Trader Eyes Thursday
Ford Motor Company (NYSE:F): Ford is expected to shortly announce plans to invest $600M to turn Chongqing into its major manufacturing center for passenger cars, according to the Wall Street Journal.
The Gap Inc. (NYSE:GPS): Net sales for the five-week period ended March 31, 2012 were $1.46B compared with net sales of $1.33B for the five-week period ended April 2, 2011.
Nokia Corporation (NYSE:NOK): Nokia Oyj is hoping that it can pump up its U.S. business with its new Lumia 900 smartphone, running Microsoft’s (MSFT Windows Phone software, and which will be sold though AT&T (T), that will be released this weekend, reports Bloomberg. The results may determine the company’s future.
Comcast (NASDAQ:CMCSA): Comcast and Time Warner’s (NYSE:TWX) HBO are close to a deal to allow users of Microsoft’s (NASDAQ:MSFT) Xbox to access the HBO Go app, The New York Times reported yesterday, citing unnamed sources.
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