Orlando, FL -- (SBWIRE) -- 08/30/2013 -- 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 Novavax, Inc. (NASDAQ:NVAX), Shanda Games Limited(ADR) (NASDAQ:GAME).
Novavax, Inc. (NASDAQ:NVAX) shares increased 4.30% to $3.15. The company on August 22 announced the number of shares tendered to it during the extended acceptance period for its recommended public offer to acquire all issued and outstanding shares and warrants (warrants series 2005-I and 2005-II) of Isconova AB ("Isconova"), which was first communicated on June 4, 2013, (the "Offer"), and which was extended to August 20, 2013.
Additionally, the company on July 31 announced the number of shares and warrants tendered to it in its recommended public offer to acquire all issued and outstanding shares and warrants (warrants series 2005-I and 2005- II) of Isconova AB ("Isconova"), which was first communicated on June 4, 2013, (the "Offer").
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Shanda Games Limited(ADR) (NASDAQ:GAME) shares fell 10.55% to $4.07. The company on August 28 announced its unaudited consolidated financial results for the second quarter ended June 30, 2013. In the second quarter of 2013, net revenues were RMB1,085.1 million (US$175.6 million), compared with RMB1,084.6 million in the first quarter of 2013 and RMB1,130.5 million in the second quarter of 2012. Net income attributable to the Company's shareholders for the second quarter of 2013 was RMB374.4 million (US$60.6 million), representing increases of 52.9% from RMB244.9 million in the first quarter of 2013 and 21.4% from RMB308.4 million in the second quarter of 2012. Earnings per diluted ADS in the second quarter of 2013 were RMB1.40 (US$0.22), compared with RMB0.90 in the first quarter of 2013 and RMB1.10 in the second quarter of 2012.
Is GAME going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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