Orlando, FL -- (SBWIRE) -- 10/22/2013 -- 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 VMware, Inc. (NYSE:VMW), Alcatel Lucent SA (ADR) (NYSE:ALU).
VMware, Inc. (NYSE:VMW) shares jumped 1.50% to $82.65. The company on Oct. 21 said its third-quarter profit rose 66% as the virtualization-software maker posted strong growth in revenue and wider margins. The company reported a profit of $261 million, or 60 cents a share, up from $157 million, or 36 cents a share, a year earlier. Adjusted per-share earnings rose to 84 cents from 70 cents. Analysts had forecast a per-share profit of 82 cents. Revenue increased 14% to $1.29 billion. In July, the company said it expected revenue of $1.27 billion to $1.3 billion, about in line with analysts" predictions at the time.
Additionally, the company on Oct. 14 announced the general availability of VMware vCloud® Hybrid Service™ from new, state-of-the-art data centers located in Santa Clara, Calif. and Sterling, Va. These data centers complement VMware's existing data center in Las Vegas, Nev., and provide U.S. customers with expanded access to a VMware public cloud to seamlessly extend their data center to the cloud without compromise.
Are investors worried about the recent updates with VMW? Find out with a free trend analysis HERE
Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell 1.37% to $3.60. The company on Oct. 17 said it is close to winning a contract from a major domestic telecom operator, a source familiar with the matter said. The deal, involving "small cells" that improve mobile coverage, will likely be welcome news after the restructuring plans, which include 900 job cuts in France, were criticized by a government battling record levels of unemployment.
Additionally, the company on Oct. 7 will slash 15,000 jobs, people familiar with the matter said, the latest step in the telecommunications-equipment maker’s plan to reshape itself as a smaller company focused on a handful of core businesses. The money-losing company plans to announce Tuesday that it will cut the jobs, largely in older technologies such as second- and third-generation wireless equipment, the people said.
Is ALU going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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