Early Market News: Dow Chemical (NYSE:DOW), Amazon.com (NASDAQ:AMZN), Nokia Corp. (NYSE:NOK)

Categories: Roundups





More breaking news stories could affect stocks when trading continues later.

The following companies should see some movement: Dow Chemical (NYSE:DOW), Amazon.com (NASDAQ:AMZN), Nokia Corp. (NYSE:NOK).

Here is a more detailed look at the news that will affect each company when trading continues.

Dow Chemical (NYSE:DOW)

Dow Chemical (NYSE:DOW)

Dow Chemical (NYSE:DOW) has decided to celebrate the collaboration and the power of chemistry all throughout 2011.
Dow Chemical (NYSE:DOW) has declared its policy to take part in a variety of engagements and events in 2011 to help advance public understanding and appreciation of chemistry through its global sponsorship of the United Nations-designated International Year of Chemistry (IYC).

Andrew N. Liveris, the Chairman and Chief Executive Officer of Dow Chemical (NYSE:DOW) said that, “The International Year of Chemistry presents a unique opportunity for the chemical industry, academia and other key stakeholders to create a new awareness and understanding of the power of science to solve the world’s most pressing challenges. No other discipline and industry has more bearing on a sustainable future than chemistry and we look forward to celebrating its successes and future throughout 2011.”

Amazon.com (NASDAQ:AMZN)

Amazon.com (NASDAQ:AMZN)

Amazon.com (NASDAQ:AMZN) has bought LoveFilm, Europe’s leading movie rental service.
Amazon.com (NASDAQ:AMZN) has agreed to buy out its remaining interest in LoveFilm, the European equivalent of movie rental service NetFlix.

According to the reports, the deal comes as Amazon.com (NASDAQ:AMZN) is preparing to launch an online movie subscription business in the United States that would compete with Netflix’s popular streaming service.

Amazon.com (NASDAQ:AMZN) could also use its relationships with Hollywood studios and base of customers to help grow Lovefilm in Europe.

Nokia Corp. (NYSE:NOK)

Nokia Corp. (NYSE:NOK)

Apple has sued Nokia Corp. (NYSE:NOK) in the UK to invalidate touch screen patent.
Apple has sued Nokia Corp. (NYSE:NOK) yet again in an patent tussle.

The newest suit seeks to invalidate one of the touch screen-scrolling patents Nokia Corp. (NYSE:NOK) used to sue Apple in Germany in September.

The two companies currently have a total of 37 patents in dispute. Nokia Corp. (NYSE:NOK) was the first to sue and insisted over a year ago that Apple was infringing on patents mostly relating to 3G that it argues everyone must license.

Expect more movement when trading continues for Dow Chemical (NYSE:DOW), Amazon.com (NASDAQ:AMZN) and Nokia Corp. (NYSE:NOK).


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