This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Google, Sony, Nokia: Pre-Market Movers

Stocks in this article: GOOG SNE NOK

NEW YORK ( TheStreet) -- Shares of Google (GOOG) rose $4.81, or 0.76%, to $640.77 in pre-market trading, ahead of the company's first-quarter results.

The Internet giant reports its latest numbers after market close, with investors eager to see whether the results can serve as a catalyst for Google's lackluster stock. Google shares have slipped 1.54% this year, compared to the Nasdaq's gain of 15.79%.

Analysts surveyed by Thomson Reuters are looking for revenue of $8.147 billion and earnings of $9.65 a share.

Sony (SNE) shares gained 15 cents, or 0.8%, to $18.90 before market open after the company announced a massive restructuring plan, which will involve 10,000 job cuts in fiscal year 2012.

The Japanese tech giant also vowed to strengthen its core digital imaging, game and mobile businesses, and turn around its television operation. In November, Sony announced a plan to return its TV business to profitability in the fiscal year ending March 31, 2014. On Thursday, the Tokyo-based firm said that it intends to accelerate these measures moving forward, promising to reduce the number of product models and boost design engineering efficiency.

Other parts of the Sony strategy outlined on Thursday are emerging market expansion and faster innovation.

Sony shares tumbled earlier this week after the company lowered its results forecast for the fiscal year ending March 31.

Nokia's (NOK) stock was still weighed down by the company's lowered first-quarter guidance, announced earlier this week.

Shares of the Finnish handset maker were down 14 cents, or 3.3%, to $14.10 in pre-market trading.

-- Written by James Rogers in New York.

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs