Orlando, FL -- (SBWIRE) -- 10/30/2013 -- 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 NVIDIA Corporation (NASDAQ:NVDA), Flextronics International Ltd. (NASDAQ:FLEX).
NVIDIA Corporation (NASDAQ:NVDA) shares gained 0.13% and closed at $15.23. The company will host a conference call on Thursday, Nov. 7, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the third quarter of fiscal year 2014, ending Oct. 27, 2013. The 52 week trading range for the company is $11.15 - $16.10. The company is engaged in creating the graphics chips used in personal computers (PCs).
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Flextronics International Ltd. (NASDAQ:FLEX) shares decreased 1.44% to $8.85 in the last trading session. The company on Oct. 29 said that its fiscal second-quarter net income fell 21 percent, while its revenue rose slightly.
The company also said that James Davidson is resigning from its board of directors, effective Friday. Flextronics did not announce a replacement.
Flextronics reported that its net income fell to $118.2 million, or 19 cents per share, in the quarter ending Sept. 27. That compares to net income of $150.5 million, or 22 cents per share, in the same quarter a year ago. Adjusted to remove one-time charges, the company reported earnings of 22 cents per share. Revenue rose 4 percent in the second quarter to $6.41 billion from $6.17 billion a year ago. Analysts expected adjusted earnings of 20 cents per share on revenue of $6.28 billion.
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