Orlando, FL -- (SBWIRE) -- 10/25/2013 -- 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 Barrick Gold Corporation (USA) (NYSE:ABX), TriQuint Semiconductor(NASDAQ:TQNT).
Barrick Gold Corporation (USA) (NYSE:ABX) shares climbed 3.51% to $20.07. The company on Oct. 1 announced it has completed the divestiture of its Yilgarn South assets ("Yilgarn South") in Western Australia to Gold Fields Limited ("Gold Fields"). The Yilgarn South assets are comprised principally of the Granny Smith, Lawlers and Darlot mines. In aggregate, these mines produced 452,000 ounces in 2012 at all-in sustaining costs (AISC) of $1,137 per ounce and 196,000 ounces in the first half of 2013 at AISC of $1,145 per ounce.
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TriQuint Semiconductor(NASDAQ:TQNT) shares decreased 14.68% to $7.09. The company on Oct. 23 company said that revenue from mobile devices and defense markets improved for the period but fell for its network markets. The company earned $13.6 million, or 8 cents per share, for the quarter that ended Sept. 28. That is compared with a loss of $11.2 million, or 7 cents per share, in the same quarter last year. It earned 16 cents per on an adjusted result versus earnings of 2 cents per share last year. Triquint's revenue jumped to $250.8 million from $200.8 million. Analysts were anticipating adjusted earnings of 10 cents per share on revenue of $250.1 million.
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