TER takes off, NOK connected, MMI drops

Posted on Thursday, January 27th, 2011

Teradyne Inc. (NYSE: TER) shares soared 11.2 percent to $16.27. Volume for TER was 13.8 million shares, better by more than twice its 5.8-million average, after the maker of semiconductor-testing equipment said its fourth-quarter profit more than tripled and gave an upbeat first-quarter forecast.

Nokia Corporation (NYSE: NOK) traded in 41.8 million shares Thursday, more than doubling daily average. Share prices slid, however, 1.2 percent to $10.60, as the company reported a 16-percent drop in fourth-quarter profit and offered a weak outlook.

Motorola Mobility Holdings Inc. (NYSE: MMI) shares dipped 11.7 percent to $30.70. Volume was 7.2 million shares, double its daily average, after the wireless-handset maker posted in-line fourth-quarter earnings but noted weaker-than-expected sales of some handsets.

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