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 NXP Semiconductors NV (NASDAQ:NXPI), Chico's FAS, Inc. (NYSE:CHS).
NXP Semiconductors NV (NASDAQ:NXPI) shares jumped 4.99% and closed at $37.24 in the last trading session. The MIFARE4Mobile Industry Group, which includes Gemalto, Giesecke & Devrient, NXP Semiconductors (NASDAQ: NXPI), Oberthur Technologies and STMicroelectronics, on August 20 announced that it has received strong support for the newly released MIFARE4Mobile V2 specifications. Since the initial release on March 29, 2013, over 150 different companies in the Near Field Communication (NFC) ecosystem, including leading mobile operators and service providers, have signed up for this comprehensive set of open specifications which now includes full compatibility to the leading MIFARE DESFire application platform in addition to MIFARE Classic.
Additionally, the company on August 1 reported financial results for the second quarter of 2013, ended June 30, 2013, and provided guidance for the third quarter 2013. Total revenue in the second quarter was $1,188 million, just over a nine percent sequential increase, and nearly a nine percent increase from the comparable year ago period.
Are investors worried about the recent updates with NXPI? Find out with a free trend analysis HERE
Chico's FAS, Inc. (NYSE:CHS) shares gained 4.04% to $15.95. The company on August 28 announced its financial results for the fiscal 2013 second quarter and twenty-six weeks ended August 3, 2013. For the second quarter, the Company reported net income of $43.6 million, a decrease of 18.4% compared to net income of $53.4 million in last year's second quarter, and earnings per diluted share of $0.27, a decrease of 15.6% compared to a record $0.32 per diluted share in last year's second quarter. For the second quarter, net sales were a record $649.5 million, an increase of 1.2% compared to $641.7 million in last year's second quarter, primarily reflecting 112 net new stores for a square footage increase of 8.8%.
Additionally, CHS’s stock was downgraded by investment analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating in a note issued to investors on August 6. Separately, analysts at FBR Capital Markets initiated coverage on shares of Chico’s FAS in a research note to investors on August 1. They set a “market perform” rating on the stock.
Is CHS going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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