Midday movers: Comcast, Mastercard, Nokia

Stocks are mixed as investors continue to hope for more Fed stimulus.

By MSN Money Partner Aug 1, 2012 12:59PM
Information provided by Theflyonthewall.com 

Comcast (CMCSA) rose over 3% after its earnings beat consensus. Among other large-cap names reporting earnings, Allstate (ALL), Pioneer Natural Resources (PXD) and Allergan (AGN) advanced, while Mastercard (MA), Harley-Davidson (HOG) and Devon Energy (DVN) declined.

Knight Capital (KCG) plunged nearly 20% after experiencing processing delays that impacted a number of stocks Wednesday morning. The New York Stock Exchange (NYX) announced that it was reviewing trades in 148 symbols between 9:30 a.m. and 10:15 a.m. ET but the exchange said the stock swings were not related to a problem on their end, according to CNBC.

Among the notable gainers were Frontier Communications (FTR), up 12%, after its earnings beat expectations, and InterDigital (IDCC), up 16%, after an appeals court overturned a previous ruling that found Nokia (NOK) did not infringe its patents. Nokia shares remained 6% higher after the news, continuing a recent run of advances. 

Among the noteworthy losers were ServiceSource (SREV), down 27%, as the stock was downgraded at Northland following its Q2 report, and Digital River (DRIV), down 26%, after disappointing with its guidance and being downgraded at Raymond James. 
Tags: CMCSAHOGMANOKNYXPXD
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