Orlando, FL -- (SBWIRE) -- 10/16/2013 -- 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), Electronic Arts Inc. (NASDAQ:EA).
Nuance Communications Inc.(NASDAQ:NUAN) shares declined 2.80% to $17.69. The company on Oct. 10 announced the availability of the Dragon Drive-powered Mercedes News App in Mercedes-Benz vehicles, allowing drivers to listen to articles from a number of different news channels while keeping the hands on the wheel and the eyes on the road.
Additionally, the company on Oct. 8 announced the appointments of Brett Icahn and David Schechter to the Company's Board of Directors, effective immediately. Icahn and Schechter are Co-Managers of the Sargon Portfolio, a designated portfolio of assets within the various private investment funds comprising the Investment segment of Icahn Enterprises L.P. (NASDAQ: IEP). With these additions, Nuance's Board now comprises 11 directors.
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Electronic Arts Inc. (NASDAQ:EA) shares declined 2.52% to $23.97. The company will release its financial results for the second quarter fiscal year 2014 after the close of market on Tuesday, October 29, 2013. In conjunction with this release, EA will host a conference call to review its financial results for the second quarter, discuss its outlook for the future and may disclose other material developments affecting its business and/or financial performance.
Additionally, Cowen and Co. analyst Doug Creutz on Oct. 2 said in a research note that, based on an industry report out of the UK, he believes EA's sales of its soccer video game FIFA 14 will be down about 7% year over year. Because this game is so critical to the company's success, the analyst also lowered his full year earnings forecast for EA. Creutz now expects EA to earn $1.21 per share for the year, versus his prior forecast of $1.30 per share. Analysts were forecasting $1.24 per share.
Is EA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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