Orlando, FL -- (SBWIRE) -- 10/28/2013 -- 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 China Sunergy Co Ltd (NASDAQ:CSUN), Deckers Outdoor Corp(NASDAQ:DECK).
China Sunergy Co Ltd (NASDAQ:CSUN) shares dropped 4.35% to $7.48. The company on Sept. 5 announced that the following shareholder resolutions were adopted at its annual general meeting of shareholders held in Nanjing on September 5, 2013.
China Sunergy's shareholders adopted the following ordinary resolutions proposed by the Company: Retirement and re-election of Mr. Xiaoqian Zhou as a Class C director of the Company; Retirement and re-election of Mr. Wenze Wang as a Class C director of the Company; Retirement and re-election of Mr. Shiliang Guo as a Class C director of the Company; Appointment of the independent auditor Deloitte Touche Tohmatsu Certified Accountants LLP for the fiscal year 2013; Authorization of the board to fix the remuneration of the auditors of the Company.
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Deckers Outdoor Corp(NASDAQ:DECK) shares increased 20.46% to $69.99. The company on Oct. 24 said its third-quarter profit slid 23% as the footwear maker reported sharply higher overhead expenses, masking higher sales of brands like Ugg and Teva.
The company reported net income of $33.1 million, 95 cents a share, down from $43.1 million, or $1.18 a share, a year earlier. Net sales grew 2.7% to $386.7 million. Ugg and Teva brand sales each grew, while retail sales climbed 35% to $52.6 million. In July, the company had projected net income would drop about 41% on a per-share basis, with revenue seen rising about 2.5%.
Is DECK going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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