US stocks declined sharply Wednesday, taking their largest hit in more than two weeks, after an index of the services industry dissatisfied investors who were already anxious about the monthly jobs report coming Friday.
Let’s focus on stocks with heavy volume at NYSE.
Las Vegas Sands Corp. (NYSE:LVS), the US casino company expanding in Asia, announced first-quarter sales and profit advanced less than analysts’ predictions on lower winnings from table games in Nevada. The shares dropped in late trading.
Net income jumped to $289.3 million, or 28 cents per share, from $17.6 million, or a loss of 4 cents a year ago after preferred dividends, Las Vegas Sands announced recently in a statement. Profit excluding items was 37 cents, below the 44-cent average approximation of 22 analysts in a Bloomberg survey.
Sprint Nextel Corporation (NYSE:S) showed a positive weekly performance of 6.44% associated to its rate of return which for the month was 12.28%.
Similarly the performance for a quarter continued to remain up with 16.63% and settled at 24.88% for a year however YTD performance firmed at 21.04%.
Alcoa Inc. (NYSE:AA) lost 1.87% to $17.3 with the total traded volume of 23.71 million shares less than average volume of 27.49 million. Its 52 weeks price change was 0.00%. Its market capitalization is $0.00 billion.
Its earning per share was $0.68 with the net profit margin of 4.25% and its operating margin was 5.17%. It gained 5.57% return on equity.
Nokia Corporation (ADR) (NYSE:NOK) freshly declared a workforce rearrangement in which it plans to diminish its headcount by 4,000 and transition another 3,000 employees to Accenture Plc (NYSE:ACN). Nokia is scheduling a strategic partnership with Accenture in which Accenture will give software services for Nokia’s Symbian operating system.
NOK percentage dropped nearly 2.00% to $8.59 with the total traded volume of 24.28 million shares.
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