Big Movers: Nokia Corporation (ADR) (NYSE:NOK), Gr
Post# of 98056
Big Movers: Nokia Corporation (ADR) (NYSE:NOK), Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR)
NEW YORK, December 19,2012 (MESHPRESS) – Csrnewsdaily.com , an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following Tuesday’s Top Gainers:-
Green Mountain Coffee Roasters Inc.(NASDAQ:GMCR) has recently announced another major change in leadership on Tuesday. Norman Wesley, the former CEO of Fortune Brands is now its new chairman.
The company has recently hired Brain Kelley, the former executive at Coca Cola as its CEO. He started his tenure on 3 rd December.
How Should Investors Trade GMCR After The Recent Rally? Find Out Here
An undisputed winner in single-serve coffee in the US, Green Mountain Coffee Roasters has grown popular pretty fast. However, the company has gone through a lot with its patents for K-Cups having expired and rivals releasing their own single-serve coffee makers.
The founder and ex-chairman of Green Mountain Coffee, Robert Stiller was ousted previously this year after a stock sale that had infringed company policy. Stiller said that at that time the sale was generated after he was caught off the guard by a fast drop in the stock price of the coffee maker.
Shares of GMCR rose 5.30% to $40.99 in Tuesday’s session.
For all the people, who are planning to head for CES for the latest Nokia Corporation (ADR)(NYSE:NOK) Lumia devices – You are in for a huge let-down!
Has NOK Found The Bottom and Ready To Hit $5 This Month? Find Out Here
WPDang has reported that the Finnish mobile maker has called off the Consumer Electronics Show. The company is believed to be having plans of making it big at the Mobile Congress in Barcelona at the ending of February.
Also, CES 2013 Exhibitor Directory does not show any important Nokia presence for now.
All said and done, it does make sense that the company chose to skip the CES. Nokia already has Lumia 920 available on AT&T. it is also said to have an agreement with Ma Bell to have the exclusivity for its top device lineup. Lumia 822 is on Verizon and 810 is available on T-Mobile.
The launch of Lumia 900 in January was a crucial part of the bungles that resulted in a dismal failure of the first-gen Lumia sales. Hence, cancelling the CES event, concentrating on MWC and the planning on releasing the new spring-summer Lumia line-up seems to be a good idea.
Shares of NOK rose for the third consecutive session on Tuesday and gained 6.33% to $4.20. Moreover, the stock is up another 3.10% at $4.33 in pre-open session.
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