Orlando, FL -- (SBWIRE) -- 09/03/2013 -- 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 Nuance Communications Inc.(NASDAQ:NUAN), Canadian Solar Inc.(NASDAQ:CSIQ).
Nuance Communications Inc.(NASDAQ:NUAN) shares gained 4.26% to $19.09. The company on August 20 announced that its Board of Directors has adopted a stockholder rights plan (the "Rights Plan"). Under the Rights Plan, stockholders of record at the close of business on August 29, 2013 will receive one right for each share of Nuance common stock held on that date.
Additionally, the company on August 12 announced that it has been awarded a Supplier Recognition Innovation Award from USAA for Nina, the intelligent virtual assistant that is transforming the way enterprises deliver mobile customer service.
Moreover, the company on August 6 reported a loss of $35 million, or 11 cents a share, compared with year-earlier earnings of $79.3 million, or 25 cents a share, a year earlier. Adjusted earnings were down at 34 cents from 45 cents. Revenue increased 8.8% to $469.8 million. Adjusted revenue was up 9.5%. to $490.8 million. Analysts recently expected per-share profit of 32 cents and adjusted revenue of $488 million.
Are investors worried about the recent updates with NUAN? Find out with a free trend analysis HERE
Canadian Solar Inc.(NASDAQ:CSIQ) shares increased 3.47% to $12.51. The company announced that it is scheduled to attend Nomura China Investor Forum on Wednesday, September 4, 2013 to Thursday, September 5, 2013 at Grand Hyatt in Shanghai, China. During the conference, Dr. Shawn Qu, Chairman, President and CEO and Michael G. Potter, Senior Vice President and Chief Financial Officer will be available to meet with institutional investors. Dr. Shawn Qu will also participate in the panel session on Opportunities from China's Increased Environmental Awareness at 3:30pm to 4:20pm local time on September 4, 2013.
Additionally,Zacks have maintained our Neutral recommendation on Canadian Solar on Aug 27, 2013 on the back of global sales network and brand reputation, partially tempered by the uncertainty in trade and solar energy feed-in-tariff policy in Europe.
Moreover, the company on August 15 announced that it has filed a prospectus supplement to sell up to an aggregate of US$50.0 million of its common shares through an at-the-market equity offering program. The common shares will be offered through Credit Suisse as sales agent.
Is CSIQ going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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