Today's Hot Stocks: Seagate, Nokia, Chesapeake Energy, Hewlett-Packard, VeriFone, and Cisco

VANCOUVER, British Columbia, Sept. 7, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Seagate (NASDAQ:STX), Nokia (NYSE:NOK), Chesapeake Energy (NYSE:CHK), Hewlett-Packard (NYSE:HPQ), VeriFone (NYSE:PAY), and Cisco (NASDAQ:CSCO).

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Report Highlights:

Seagate Technology PLC (NASDAQ:STX): On August 21, Seagate Technology PLC (NASDAQ:STX) has signed an agreement to acquire the former manufacturing plant and headquarters building of Solyndra LLC. The financial terms of the deal have not been determined. By the end of August, Seagate and Super Micro Computer, Inc. or Supermicro, a global leader in high-performance, high-efficiency server technology and green computing, achieved a strategic agreement for expanding the market for Seagate Pulsar solid state drives. Shares of Seagate gapped open sharply lower in the session. By market close, the stock slumped US$0.83 (or -2.55%) to US$31.70. In the past 52 weeks, Seagate share prices have been bracketed by a low of US$9.05 and a high of US$35.71, and are now at US$31.70 (250% above that low price). There were 18.35 million shares of Seagate exchanging hands as compared to its average daily volume of 11.11 million shares. Do you think now is a good time to buy or sell Seagate? See STX earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/090712A/STX/Seagate.pdf

Nokia Corporation (ADR) (NYSE:NOK): After Nokia Corporation (ADR) (NYSE:NOK) unveiled two new Windows Phone models, Lumia 820 and Lumia 920, the company slashed the price of its mid-range Lumia 800 Windows Phone on Thursday by around 15% and made smaller reductions on other Windows models. Nokia did not officially disclose the price cut of the older phones but said such steps were a normal part of its business. At the close of the trading day, Nokia shares climbed 3.36% (US$0.08) to US$2.46 on high volume of 126.92 million shares, compared to its average volume of 63.27 million shares. Nokia has a market capitalization of US$9.21 billion with price range within US$1.63 - US$7.38 over the past 52 weeks. Observing comprehensive analysis of Nokia could help investors avoid big lost in investment. Check NOK earnings forecast report below.

Read Full Report: http://www.earningforecast.com/PR/090712A/NOK/Nokia.pdf

Chesapeake Energy Corporation (NYSE:CHK): Shares of Chesapeake Energy Corporation (NYSE:CHK) began the trading session with a price of US$19.66 and throughout the session soared to a high of US$20.02. When day-trade ended, the stock finally climbed 0.82% to US$19.70. Its price, as of the latest close, was up 47.9% compared with the 52-week low and was 65.0% below the 52-week high. Chesapeake Energy's market capitalization after the recent close was US$13.11 billion. Chesapeake Energy was traded above average volume with 20.46 million shares traded, 5.33 million shares more than its daily average. Do you think Chesapeake Energy will continue to advance? Do you think now is a good time to sell the stock? Investors could check CHK earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/090712A/CHK/ChesapeakeEnergy.pdf

Today EarningForecast.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. Check out the consensus earnings forecast reports below:

Hewlett-Packard Company (NYSE:HPQ):

Read Full Report: http://www.earningforecast.com/PR/090712A/HPQ/HewlettPackard.pdf

VeriFone Systems, Inc. (NYSE:PAY):

Read Full Report: http://www.earningforecast.com/PR/090712A/PAY/VeriFone.pdf

Cisco Systems, Inc. (NASDAQ:CSCO):

Read Full Report: http://www.earningforecast.com/PR/090712A/CSCO/Cisco.pdf

Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.

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