Orlando, FL -- (SBWIRE) -- 10/18/2013 -- 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 Crown Holdings, Inc. (NYSE:CCK), AngloGold Ashanti Limited (ADR) (NYSE:AU).
Crown Holdings, Inc. (NYSE:CCK) shares decreased 0.71% and closed at $40.55 in yesterday’s session. The company on Oct. 16 announced its financial results for the third quarter ended September 30, 2013. Net sales in the third quarter grew to $2,389 million over the $2,302 million in the third quarter of 2012, primarily due to increased global beverage can volumes and $26 million from the impact of foreign currency translation, partially offset by the pass-through of lower raw material costs. Net income attributable to Crown Holdings in the third quarter was $113 million compared to $325 million in the third quarter last year. Income per diluted share was $0.81 in the third quarter compared to $2.20 in the third quarter of 2012. Net income per diluted share before certain items increased to $1.13 over the $1.00 in the third quarter of 2012.
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AngloGold Ashanti Limited (ADR) (NYSE:AU) shares increased 9.65% to $14.89. The company on Sept. 6 can confirm that it has made an offer to its unionised employees in South Africa, under the auspices of the gold industry's collective bargaining framework, with the aim of reaching a two-year wage settlement.
The National Union of Mineworkers, Solidarity and UASA (United Association of South Africa) have indicated their members will accept the improved offer and employees, who had embarked on a strike from 3 September 2013 at the Vaal River Operations, have reported for work. The focus will be on a safe resumption of mining and ramp-up of production.
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