Tech winners & losers updated with closing prices.
NEW YORK (
) -- Tech stocks helped the
2 points to close at 2,843 on the Friday ahead of President's Day weekend.
Small business bellwether
rose more than 7% to close at $54.11, after posting
Wall Street profit estimates.
The Mountain View, Calif.-based company reported adjusted earnings per share of 32 cents on revenue of $878 million for the three months ended in January, compared to a profit of 38 cents per share on sales of $837 million in the year-ago period. Analysts were expecting 30 cents on revenue of $884 million.
closed up 5.98% to $6.38 after it beat Wall Street's
Brocade reported adjusted earnings of 12 cents a share on revenue of $546 million, ahead of analyst expectations who called for earnings of 10 cents a share on revenue of $543 million.
added 11 cents, one week after announcing it had chosen to adopt
The Finnish phone maker will reportedly receive "billions" from Microsoft as a result of its decision.
rose 41 cents and closed at $35.39 after reporting impressive growth statistics about its Flash Player at the Mobile World Congress this week in Barcelona. More than 132 million smartphones will have the player installed, the company said, a 600% yearly increase.
dropped 2.16% to close at $350.56 as reports circled that the company's new subscription service for publishers could be drawing the attention of antitrust regulators. Under the terms of the subscription program, Apple will take a 30% cut of magazine and music purchases made through the payment system.
--Written by Olivia Oran in New York.
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