ReleaseWire Connect

Intel Corporation (NASDAQ: INTC) went down after the company reported earnings. Intel Corporation today reported full-year revenue of $53.3 billion, operating income of $14.6 billion, net income of $11.0 billion and EPS of $2.13. The company generated approximately $18.9 billion in cash from operations, paid dividends of $4.4 billion, and used $4.8 billion to repurchase 191 million shares of stock. For the fourth quarter, Intel posted revenue of $13.5 billion, operating income of $3.2 billion, net income of $2.5 billion and EPS of 48 cents. The company generated approximately $6 billion in cash from operations, paid dividends of $1.1 billion and used $1.0 billion to repurchase 47 million shares of stock.

Nestle SA RegShs. Ser. B Spons (ADR) (PINKSHEETS: NSRGY) is promoting water conservation through schools. Nestlé Waters North America and its brand Zephyrhills, in partnership with the non-profit organization Crystal Springs Foundation, will tour elementary schools in the region over the next 12 months. Water is one of the areas Nestlé is focusing its Creating Shared Value (CSV) efforts and investments on. CSV requires Nestlé to look for ways to create value for shareholders, while also ensuring it creates value for the communities in which it operates. Nestlé is the world's leading nutrition, health and wellness company.

Advanced Cell Technology, Inc. (OTCQB: ACTC) a leader in the field of regenerative medicine, recently announced that it has reached a settlement agreement with CAMOFI and CAMZHN Master LDC resolving a lawsuit filed against ACT in the Supreme Court of New York relating to the conversion price of certain notes and the exercise price of certain warrants.

Piper Jaffray downgraded Quiksilver, Inc. (NYSE: ZQK), from Overweight to Neutral and maintained a $4.00 price target.

Facebook Inc. (NASDAQ:FB) has now become a massive database of nearly a seventh of the world’s total population. Most recently the online social networking giant Facebook Inc. (FB) has released a new search tool (Graph Search) for its users to search through the piles of information uploaded by the fans. The search tool is currently focused on people, places, photos, and interests.

Oi SA (ADR) (NYSE:OIBR) has secured a loan of BRL5.4 billion (USD2.65 billion) from the country’s development bank BNDES. The funding will be used to help Oi fulfil its investment plans until 2014, including the rollout of 4G Long Term Evolution (LTE) technology.

Cisco Systems, Inc. (NASDAQ: CSCO) the world’s largest networking company, initiated a 1 percent equity investment in Parallels, a provider of hosting and cloud service enablement and desktop virtualization.

World Moto Inc. (OTC:FARE) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.05 and remained in $0.03 and $0.05 price range during the session. The stock closed 35.34 percent lower at $0.0311. World Moto’s first resistance level is at $0.07. Upon breaching this level, the stock may go up to $0.10. World Moto manufactures and markets taxi meters. These meters are used by motorcycle taxis. The company also offers consulting services to corporate and government clients. World Moto is based out of Bangkok in Thailand.

AMR Corporation (OTC:AAMRQ) traded in the range of $1.16 and $1.49 during its latest trading session. The stock had opened at $1.47 and closed at $1.32, down 8.97 percent from its previous close of $1.45. AMR Corporation recorded the volume of 19.418 million shares. Its average daily trading volume stands at 6.363 million shares. Its MACD chart shows bullish trend and the stock may go as high as $1.60 in the coming sessions. Its first support level stands at $1.27, breaching this level, the stock may tumble to $1.13. AMR Corporation offers scheduled jet services.

Apple Inc. (NASDAQ: AAPL), the maker of iPhones and iPads, is marginally lower in mid-day trading today. At last check, AAPL was down 0.70% to $499.17 on volume of 10.53 million, which is half of the daily average volume of 21.17 million. The stock is still up nearly 3% in the last three trading sessions.