Orlando, FL -- (SBWIRE) -- 10/11/2013 -- 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 Chesapeake Energy Corporation(NYSE:CHK), RF Micro Devices, Inc. (NASDAQ:RFMD).
Chesapeake Energy Corporation(NYSE:CHK) shares gained 1.96% to $26.41. The company has scheduled to release its 2013 third quarter operational update and financial results before market open on Wednesday, November 6, 2013. A conference call to discuss the results has been scheduled for the same day at 9:00 am EST.
Additionally, the company on Oct. 8 said is laying off 800 workers across the company, including 640 at its home base of Oklahoma City. The company says the layoff announcement is necessary to keep the oil and natural gas specialist competitive. Chesapeake CEO Doug Lawler told The Oklahoman that he’s working to keep the company vibrant for “decades to come”. About 1,200 people have left jobs with Chesapeake since the start of 2013.
Are investors worried about the recent updates with CHK? Find out with a free trend analysis HERE
RF Micro Devices, Inc. (NASDAQ:RFMD) stock climbed 1.36% to $5.97. The company on Oct. 8 announced that it has commenced high-volume production of multiple new power amplifiers (PAs) and power management integrated circuits (ICs) that incorporate RFMD's envelope tracking (ET) technology. RFMD's unique ET technology significantly enhances power efficiency in new LTE platforms, resulting in enhanced battery life across all modes and bands, increased network coverage, and higher data rate throughput.
Additionally, the company will host a conference call to review fiscal 2014 second quarter financial results on Tuesday, October 22, 2013, at5:00 p.m. (ET).
Is RFMD going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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