Orlando, FL -- (SBWIRE) -- 08/27/2013 -- 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 Vringo, Inc.(NYSEAMEX:VRNG), Trina Solar Limited (ADR) (NYSE:TSL).
Vringo, Inc.(NYSEAMEX:VRNG) shares increased 0.92% to $3.30. The company, on August 8, announced financial and operating results for the second quarter ended June 30, 2013 and a stockholder update. The company’s net loss was approximately $11 million and $23 million for the three and six months ended June 30, 2013, respectively, or $0.13 per basic share and $0.27 per basic share for the three and six months ended June 30, 2013, respectively. As of June 30, 2013 the company had approximately $46 million of cash and short-term investments.
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Additionally, the company on August 16 announced the District Court has issued a ruling on its wholly-owned subsidiary I/P Engine, Inc.'s Motion for an Award of Post-Judgment Royalties in its litigation against AOL, Inc., Google, Inc., IAC Search & Media, Inc., Gannett Company, Inc., and Target Corporation (collectively, "Defendants"). The District Court's Memorandum Opinion and Order (the "Order") is available online at http://bit.ly/1bDBHNk, and the following summary is qualified in its entirety by the full text of the Order.
Trina Solar Limited (ADR) (NYSE:TSL) shares declined 4.19% to $8.91. The company on August 22 announced it has maintained its No. 1 global ranking for environmental and social performance in the 2013 Solar Scorecard, an award system established by the Silicon Valley Toxics Coalition ("SVTC"). SVTC's Solar Scorecard aims to improve PV manufacturers' environmental and social practices and promote improved environmental reporting in the industry.
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Additionally, the company, on July 31, announced that it will hold its 2013 annual general meeting of shareholders on Tuesday, September 3, 2013 at 9:00 a.m. Beijing Time. The meeting will be held at the Board Room, Changzhou Trina Solar Energy Co., Ltd., No. 2 Tian He Road, Trina PV Industrial Park, New District, Changzhou, Jiangsu Province 213031, People's Republic of China. All shareholders of record as of July 23, 2013 will be eligible to vote and are invited to attend.
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