New York, NY -- (SBWIRE) -- 01/17/2013 -- Nestle (PINKSHEETS: NSRGY) opened at $66.98 and oscillated in the range of $66.95 and $67.29 in the latest trading session. It closed at $67.13, up 0.26 percent from its previous close of $66.96. Nestle shows bullish trend and the stock’s first resistance level is at $67.48. On the downside, it may slip to $66.86. Upon breaching this level, the stock may touch $66.19. Nestle is a global nutrition, beverage and food products company. It has many popular brands such as Kit Kat, Nescafe and Poland Spring in its portfolio. The company is based out of Switzerland and it was formed in 1866.
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AMR Corporation (OTCQB: AAMRQ) released a report containing results from the fourth quarter and they year, which ended December 31, 2012. The Company reported Revenue of $24.9 billion for the year 2012, the highest reported revenue in the Company’s history. CEO of AMR Corporation (AAMRQ), Thomas Horton told The Associated Press in an interview on Wednesday about the timing of the rebranding attempt. He stated that AMR is releasing a new Boeing 777-300 at the end of January. AMR Corporation (AMR) operates in the airline industry. The Company’s principal subsidiary is American Airlines, Inc. (American). As of December 31, 2011, American provided scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia.
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