Orlando, FL -- (SBWIRE) -- 11/01/2013 -- 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 McDermott International (NYSE:MDR), Dyax Corp.(NASDAQ:DYAX), Sonus Networks, Inc. (NASDAQ:SONS).
McDermott International (NYSE:MDR) shares decreased 2.88% to $7.07. The company plans to report financial results for the third quarter 2013 on Nov. 4, 2013, after the close of trading on the NYSE.
Additionally, the company on Oct. 17 announced that Stephen M. Johnson will retire from his positions as Chairman of the Board, President and Chief Executive Officer and as a director of McDermott in December 2013 and that David Dickson has agreed to join McDermott and to succeed Mr. Johnson as President and Chief Executive Officer. Mr. Dickson has been appointed Executive Vice President and Chief Operating Officer, a position he will hold until December.
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Dyax Corp.(NASDAQ:DYAX) shares increased 4.78% and closed at $8.22. The company on Oct. 22 announced financial results for the third quarter ended September 30, 2013. Total revenues for the third quarter ended September 30, 2013 were $13.7 million, as compared to $13.1 million for the comparable quarter in 2012. These include KALBITOR net sales of $10.8 million for both the third quarter of 2013 and the third quarter of 2012. For the quarter ended September 30, 2013, Dyax reported a net loss of $6.2 million or $0.06 per share attributable to common stockholders, as compared to a net loss of $5.2 million or $0.05 per share for the comparable quarter in 2012.
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Sonus Networks, Inc. (NASDAQ:SONS) shares decreased 1.64% to $2.99. The company on Oct. 29 announced the appointment of Mark T. Greenquist as chief financial officer, effective Nov. 1, 2013.
Additionally, the company on Oct. 29 also announced results for the third quarter ended September 27, 2013. Revenue for the third quarter of 2013 was $68.1 million, compared to $57.0 million in the third quarter of 2012. The GAAP net loss for the third quarter of 2013 was $3.8 million, or $0.01 per share, compared to a GAAP net loss of $15.6 million, or $0.06 per share, in the third quarter of 2012. Non-GAAP net income for the third quarter of 2013 was $2.8 million, or $0.01 per diluted share, compared to a non-GAAP net loss of $6.3 million, or $0.02 per share, in the third quarter of 2012.
Is SONS going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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