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New York, NY -- (SBWIRE) -- 01/10/2013 -- Nokia Corporation (ADR) (NYSE:NOK) fell hard for the second consecutive session and slumped 5.73% to $3.82, erasing its entire gain of the past one week. However, the stock is still trading above its key support level of $3.75. The stock has gained momentum in the past three-month as the company’s recent introduction of Lumia 820 and 920 are getting good response. However, is Lumia 920 enough to get Nokia turn around? It May not be true to say yes, because it still lacks such innovation created by the iPhone. How Nokia would be able to overcome the tough condition, we will get a clear idea over the next few months. Now, the next trigger could be the company’s upcoming earnings, although no surprises are expected.
How Should Investors React To NOK Now? Find Out Here
Supervalu Inc. (NYSE:SVU) agreed to sell five supermarket brands to a Cerberus Capital Management LP affiliate for $100 million in cash, and said it swung to a fiscal third-quarter profit from a year-earlier quarter that was weighed down by asset-impairment charges.Shares were trading 15% higher at $3.50 premarket as Supervalu agreed to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and the related Osco and Sav-on in-store pharmacies to a Cerberus-led consortium. The deal also includes $3.2 billion in debt, for a total enterprise value of $3.3 billion.
Should A Trader Buy Or Sell SVU Now: CHECK HERE
New Lead Holdings (NASDAQ: NEWL) are very active today and traded between $1.87 - 2.73 with total traded volume of 2152837 shares. At a current price of 2.25, NEWL is +0.38 - +20.32% from the previous close of $1.87. Moreover, At Current Market Price, NEWL is in the distance of +375.66% from its 50-day Moving Average price of $0.473 and +213.72% from its 200-day Moving Average price of $0.7172.
How Should Investors Trade NEWL Now? Click Here
North American Palladium Ltd (USA) (NYSE:PAL) shares increased 4.61% and closed at $1.59. The company, on Dec. 13, announced that Mr. Jeffrey Swinoga has resigned as Vice President Finance and Chief Financial Officer, effective January 4, 2013, to pursue a Chief Financial Officer position at another public company. The Company”s finance team has excellent depth and experience to oversee the financial management until a new chief financial officer is named.
How To Trade PAL Now After The Recent Volatile Moves? Find Out Here
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