Google, Coca-Cola, Motorola, and Citigroup: Movers and Shakers
Google has just acquired Titan Aerospace, a maker of solar-powered drones. The search giant has said it could use the technology both for collecting high-resolution images and for offering Internet access in remote areas. Coca-Cola stock was up today, after the company beat analysts' expectations for first-quarter earnings. However, revenue was still down 4% for the quarter, amid declining consumer demand for soft drinks. Motorola has now sold off its enterprise business, which makes hardware such as computers, tablets, and barcode scanners, to a barcode printer maker called Zebra Technologies Corp. And Citigroup saw shares rise after beating the rather low expectations for its first quarter.
In this segment of Tuesday's Investor Beat, host Alison Southwick and Motley Fool analysts Morgan Housel and Mike Olsen discuss four stocks making moves on the market today.
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The article Google, Coca-Cola, Motorola, and Citigroup: Movers and Shakers originally appeared on Fool.com.Alison Southwick, Michael Olsen, CFA, and Morgan Housel have no position in any stocks mentioned. The Motley Fool recommends Coca-Cola and Google (A and C shares); owns shares of Citigroup, Coca-Cola, Google (A and C shares); and has options on Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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