Following stocks may see active trading on June 14. They include, Apple, Nokia, HP and Dollar Thrifty.
Apple Inc. (NASDAQ:AAPL):
Shares of Apple could rise today as it has signed a patent licensing deal with Nokia (NYSE:NOK), thereby ending all the pending patent litigations between the two companies. Shares of Apple were up $3.90, or 1.21 percent, to $330.50.
Nokia (NYSE: NOK):
ADRs of Nokia opened higher after it has won a long-fought patent infringement suit against rival Apple Inc. (NASDAQ:AAPL) over iPhone, iPod and iPad. Though the specific terms of the deal are confidential, Nokia said Apple would make a one-time payment and on-going royalties to the Finnish company.
The deal, under which Nokia and Apple will withdraw their respective complaints to the US International Trade Commission (ITC), is expected to positively impact Nokia's recently revised outlook for the second quarter 2011 of around break-even operating margin for Devices & Services segment.
Nokia ADRs were up 4 percent at $6.33 on the New York Stock Exchange.
Hewlett-Packard Co (NYSE:HPQ)
Shares of HP may trade higher Tuesday after it announced some executive changes at the top level. The PC giant has announced some significant organizational changes to better realign CEO Leo Apotheker's direct reports with his new strategic vision.
GT Solar International (NASDAQ:SOLR)
Shares of GT Solar were up 7 percent after it raised its first quarter outlook, reiterated its full year fiscal 2012 guidance and boosted its backlog outlook for fiscal 2012.
The company now expects first quarter fiscal 2012 revenue of approximately $225 million based on sooner than expected completion of DSS 650 upgrades, allowing for first quarter revenue recognition for certain PV orders which had been previously expected in the second quarter. The fully-diluted EPS for the first quarter is now expected to be about 30 cents a share.
The company also reiterated its full fiscal year 2012 guidance, which includes: revenue in the range of $1 billion to $1.1 billion and earnings per share of $1.55 to $1.85.
DryShips Inc. (NASDAQ:DRYS)
Shares of DryShips opened higher Tuesday after Wells Fargo upgraded the stock to outperform from market perform, saying the company's drillship unit may add shareholder value.
Best Buy Co, Inc. (NYSE:BBY)
Shares of Best Buy were up 6 percent to $30.69 as earnings topped Wall Street view despite declining from last year.
Dollar Thrifty Automotive Group Inc. (NYSE:DTG)
Dollar Thrifty Automotive opened lower after Avis Budget Group Inc. (NYSE:CAR) , which is competing with Hertz Global Holdings Inc. (NYSE:HTZ) to buy Dollar Thrifty, agreed to buy Avis Europe Plc for about $1 billion.
Shares of Dollar Thrifty plunged 9.3 percent to $72.40.
Shares of AngioDynamics were down 8 percent after Wedbush Morgan downgraded the company to underperform, citing tough operating environment and cloudy outlook.