Orlando, FL -- (SBWIRE) -- 10/18/2013 -- 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 SolarCity Corp (NASDAQ:SCTY), PulteGroup, Inc.(NYSE:PHM).
SolarCity Corp (NASDAQ:SCTY) shares jumped 3.26% to $54.09. The company on Oct. 16 announced the pricing of offerings of 3,400,000 shares of common stock at a price of $46.54 per share and $200.0 million aggregate principal amount of its 2.75% convertible senior notes due 2018 in concurrent underwritten registered public offerings. In addition, SolarCity has granted the underwriters a 30-day option to purchase up to an additional 510,000 shares of common stock and $30.0 million in aggregate principal amount of the notes. The sale of the shares of common stock and the notes are expected to close on October 21, 2013, subject to the satisfaction of customary closing conditions.
Are investors worried about the recent updates with SCTY? Find out with a free trend analysis HERE
PulteGroup, Inc.(NYSE:PHM) shares increased 4% to $16.66. Zillow and Pulte Homes on Oct. 1 have teamed up to give away a brand new, $350,000 (i) Pulte® home in the third annual "I Want a New Home!" Sweepstakes. To enter, head to http://www.zillow.com/win/, "like" Zillow on Facebook®, then complete a short entry form for a chance to win (ii). Existing members of Zillow's Facebook community also are eligible to enter. The sweepstakes runs from Oct. 1, 2013 at noon ET to Oct. 31, 2013 at 11:59:59 p.m. ET.
Additionally, the company announced that it will release its third quarter 2013 financial results before the market opens on Thursday, October 24, 2013. The Company will hold a conference call to discuss third quarter results that same day at 8:30 a.m. (ET).
Is PHM going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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