Orlando, FL -- (SBWIRE) -- 08/15/2013 -- 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: Nokia Corporation (ADR)(NYSE:NOK), IAMGOLD Corporation (USA)(NYSE:IAG).
Nokia Corporation (ADR)(NYSE:NOK) shares jumped 0.48% to $4.18. The company on August 7 revealed its agreement to acquire NSN for $1.7 billion last month. According to Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V), it will rebrand the Nokia Siemens Network by removing the Siemens name. Its new name will be Nokia Solutions and Networks and will continue to be referred to as NSN. The acronym NSN will be used in its financial reporting.
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Additionally, the company announced its release of a new flagship Smartphone Nokia Lumia 1020 with improved camera features to increase its market share. The release has been scheduled for July 26, 2013. In a report from Reuters Nokia also revealed the release of the Smartphone with 41-megapixel camera. In June, images of Nokia EOS 41MP Smartphone spread through the internet world which shows the model to be equipped with Carl Zeiss lens, Xenon flash and a PureView camera.
IAMGOLD Corporation (USA)(NYSE:IAG) shares increased 7.17% to $5.83. The company on August 12 reported its unaudited consolidated financial and operating results for the second quarter ending June 30, 2013. Revenues for the second quarter 2013 were $301.1 million, down $63.4 million from the same prior year period. Adjusted net earnings attributable to equity holders for the second quarter 2013 were $30.2 million ($0.08 per share) compared to $75.3 million ($0.20 per share) for the same prior year period. Net losses attributable to equity holders for the second quarter 2013 were $28.4 million ($0.08 per share), compared to net earnings of $52.9 million ($0.14 per share) in the second quarter 2012.
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Additionally, the company, on July 29, announced the first mineral resource estimate in accordance with National Instrument 43-101 for its 100% owned Boto Gold Project in eastern Senegal, West Africa. With the discovery of the new Malikoundi zone in 2012, IAMGOLD significantly expanded its exploration drilling program, culminating in the completion of the first mineral resource estimate for the project.
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