Advanced Micro Devices Inc. (NYSE: AMD) is seeing a crazy and active day. We saw an unusual rise in this yesterday on active volume, but that rise was a 6% rise. Today’s…
Douglas A. McIntyre According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper to Blackrock. Reuters writes that Bernanke says that high foreclosure rates are…
According to Reuters, oil price moved toward $120 on fear for supply interruptions. Reuters writes that Chrysler is trying to sell two of its North American plants. Reuters reports that many Wall…
The good news about AMD’s (AMD) first quarter news was that the bad news was not worse. The Intel-Jr. of the chip world reported Q1 2008 revenue of $1.505 billion and a…
According to Reuters, RBS (RBS) plans a rights offering next week to raise capital. Reuters reports that Google (GOOG) beat Wall St. expectation. Reuters reports that NY State will investigation the auction-rate…
Advanced Micro Devices (NYSE: AMD) is somehow managing to hang in there, despite waves of bad internal news. The number two processor company said its first quarter losses narrowed to $358 million,…
Douglas A. McIntyre After rafts of bad news from every corner of the business arena starting with GE (NYSE: GE) and spreading to Washington Mutual (NYSE: WM) and Wachovia (NYSE: WB), a hard luck report…
After today’s closing bell, we’ll see earnings for Q1-2008 from Intel Corp. (NASDAQ: INTC). The processor and chip giant estimates from First Call are $0.25 EPS on $9.63 Billion in revenues. We’ve…
This week, we will have the real start of the earnings onslaught for Q1-2008 earnings season. We compiled many estimates Friday evening to see which pairs of companies and which actual leaders…
Citigroup (NYSE: C) cannot syndicate its EMI loan, AMD (NYSE: AMD) has lost its CTO, Fedex’s (NYSE: FDX) CEO sees a slowdown in the economy, and Nokia (NYSE: NOK) can’t sell phones…
According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will…
According to Reuters, Alcoa (AA) profits fell by half due to high energy costs and a weak dollar. Retuers reports that AMD (AMD) cut guidance and will lay-off 10% of its staff.…
AMD (NYSE: AMD) said things did not go its way in Q1. No one should be surprised. AMD has not had a good quarter in over two year. How CEO Hector Ruiz…
Over the last three months, shares of Nvidia (NASDAQ: NVDA) have dropped almost 40%. Chipmakers AMD (NYSE: AMD) and Intel (NASDAQ: INTC) have traded fairly flat over the same period. AMD has…
AMD (NYSE: AMD) is trading off today and is not much above its 52-week low. The reason may be a note out of JP Morgan picked up at Barron’s. The analysis sees…
