Pre-market Movers For Oct 29 (AAPL, NOK, PFE, VOLC, STX)

(RTTNews) - Gainers:

Apple Inc. (AAPL) is up 0.41 percent to $532.03. The company's fourth quarter earnings declined from the prior year period, yet topped Wall Street view. Revenues also came in above the consensus estimate. Gross margins dropped to 37 percent from 40 percent last year. At the same time, the company forecast first quarter revenues in line with market view.

Nokia Corp. (NOK) is up 7 percent to $7.26. The company's third quarter net loss narrowed from the previous year period despite net sales declining 22 percent. Nokia expects Nokia Solutions and Networks' non-IFRS operating margin in the fourth quarter to be around positive 12 percent, plus or minus four percentage points. Also, NSN is expected to deliver solid net sales growth on a sequential basis in the fourth quarter, supported by strong industry seasonality.

Decliners:

Pfizer Inc. (PFE) is down 1 percent to $30.40. The company's third quarter profit declined from the previous year period. Revenues for the quarter dropped and also missed the consensus estimate. The company lowered its 2013 reported earnings per share guidance and also reduced the top end of its adjusted revenue forecast range.

Volcano Corp. (VOLC) is plunging 18 percent to $19.87. The company expects third quarter revenues below analysts' estimate and also lowered its revenue guidance for 2013. The company said its business in the U.S. continued to be impacted by a decline in PCI volumes.

Seagate Technology (STX) is down 4 percent to $47.92 following the release of its quarterly results.