Orlando, FL -- (SBWIRE) -- 10/16/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Gold Fields Limited (ADR)(NYSE:GFI), SolarCity Corp (NASDAQ:SCTY).
Gold Fields Limited (ADR)(NYSE:GFI) shares increased 1.15% to $4.40. The company on Oct. 3 announced that attributable Group production for the September 2013 quarter (Q3 2013) is expected to be 496,000 gold-equivalent ounces, which is 10% higher than the 451,000 achieved in the June 2013 quarter (Q2 2013). Cash costs are expected to be approximately US$780/oz, which is 9% lower than the US$857/oz achieved in Q2, and notional cash expenditure (NCE) is expected to be approximately US$1,080/oz, 13% lower than the US$1,239/oz achieved in Q2.
Are investors worried about the recent updates with GFI? Find out with a free trend analysis HERE
SolarCity Corp (NASDAQ:SCTY) shares jumped 0.17% to $46.54. The company on Oct. 12 said it expects to boost annual installed capacity almost 90 percent next year. SolarCity plans to deploy 475 megawatts to 525 megawatts of photovoltaic projects in 2014, up from an estimated 278 megawatts this year, the San Mateo, California-based company said today in a statement. The stock rose 23 percent to $47.18 at the close in New York, the biggest gain since May 17.
Additionally, the company on Oct. 9 said it will acquire Zep Solar, a maker of mounting systems for residential solar panels, for about $158 million in stock. The acquisition announcement was SolarCity's second in as many months. In August, it said it would pay $120 million for direct marketing company Paramount Solar.
Is SCTY going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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