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Qwest Communications International Inc. (NYSE:Q) is amongst the top gainer in the early few minutes. The stock has spurted 1.07% and is trading at $4.56 with a massive volume of 9.46 million shares. The stock has a 52-week range of $2.86-$4.87. The company said that it expects its full-year 2009 pre-tax earnings to come in near the higher end of its forecast range, and forecast higher free cash flow and lower pension costs. In a regulatory filing, the communications company said it expected 2009 earnings before interest, taxes, depreciation and amortization to come in at the upper end of its guidance of $4.25 billion to $4.4 billion. Analysts on average are expecting $4.36 billion, according to Thomson Reuters I/B/E/S.
Motorola, Inc. (NYSE:MOT) is amongst the top gainer in the early morning trade and soared 1.63% to $8.10 on a massive volume of 8.28 million shares. The stock has a 52-week range of $2.98-$9.45. The company announced that it is working closely with Adobe to bring Adobe® Flash® Player 10.1 to Motorola's smartphones as part of the Open Screen Project. Adobe has been working with the DROID by Motorola, released to consumers in November 2009, as it develops Flash Player 10.1 for the Android platform. Adobe Flash Player on Motorola smartphones will deliver uncompromised Web browsing - with its rich applications, games and video - to consumer's fingertips, enabling them to be more connected and more mobile.
Alcatel-Lucent (ADR) (NYSE:ALU) climbed up 1.37% over its previous day’s price and now trades at $3.71 on a massive volume of 5.41 million shares. The stock has a 52-week range of $1.09-$4.95. Alcatel Lucent provides product offerings that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end users. It offers fixed, mobile and converged broadband networking, Internet protocol (IP) technologies, applications and services. It has operations in more than 130 countries. The Company operates in three business segments: Carrier,
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