Orlando, FL -- (SBWIRE) -- 08/29/2013 -- 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 Atmel Corporation (NASDAQ:ATML), Alcatel Lucent SA (ADR) (NYSE:ALU).
Atmel Corporation (NASDAQ:ATML) shares increased 3.58% to $7.38. The company on August 28 announced the company is shipping in production quantities its new Atmel(®) SAM D20, the first series in a new family of ultra-low power embedded Flash microcontrollers based on the ARM(®) Cortex(®-)M0+ processor.
In this era of the Internet of Things (IoT), products used in building automation, consumer electronics, smart metering, and industrial controls are becoming smarter and more connected. With Atmel's new SAM D20 MCU available to the mass market, designers now have access to a new Cortex M0+ based MCU to easily add more intelligence and connectivity to next-generation IoT devices.
Additionally, the company, on July 31, announced financial results for its second quarter ended June 30, 2013. Revenue for the second quarter of 2013 was $347.8 million, a 6% lower compared to $368.2 million for the second quarter of 2012. GAAP net income totaled $13.0 million or $0.03 per diluted share for the second quarter of 2013. Non-GAAP net income for the second quarter of 2013 totaled $25.3 million or $0.06 per diluted share, compared to non-GAAP net income of $37.4 million or $0.08 per diluted share for the year-ago quarter.
Are investors worried about the recent updates with ATML? Find out with a free trend analysis HERE
Alcatel Lucent SA (ADR) (NYSE:ALU) shares gained 3.50% to $2.66. The company on August 10 lowered the interest rate it will pay on a $1.74 billion, six-year term portion to 4.75 percentage points more than the London interbank offered rate with a 1 percent minimum, down from 5 percentage points, according to a person with knowledge of the transaction. A 299 million-euro ($399 million) portion, also due in six years, will pay 5.25 percentage points more than the lending benchmark, in line with what was initially proposed, said the person, who asked not to be identified because terms are private.
Additionally, the company is seeking to reduce the rate on about $2.1 billion of loans it obtained in January, according to a person with knowledge of the deal on August 1.
Is ALU going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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