According to Reuters, some auto industry experts think car sales could hit a 15-year low in 2008. Reuters reports that the OPEC summit ended with members disagreeing about what to do about…
Mubadala Development Co, the investment arm of the Abu Dhabi government, put $622 million into AMD (AMD) last week to buy 8.1% of the company at $12.70 a share. The market did…
AMD (AMD) needs more money. It appears that it got about $700 million from Abu Dhabi’s Mubadala Development, accordiing to Reuters. The country that controls the fund is one of the world’s…
Galleon Group, which 24/7 Wall St. pointed out bought shares in AMD (AMD), may already regret that move. Bloomberg writes "Advanced Micro Devices Inc., the world’s second-largest maker of computer processors, is…
Galleon Group, a $7 billion fund based in Midtown, has recently purchased "several million shares" of AMD, according to The New York Post. The fund will obviously try to get something out…
Douglas A. McIntyre According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for…
The CEO of Virtual Iron, Ed Walsh, spoke exclusively to 24/7 Wall St. partners in two separate interviews. Virtual Iron is the virtualization company owned in part and backed by Goldman Sachs…
Below is the short interest for major companies traded on the NYSE and changes from October 15, 2007 to the most current date, October 31, 2007. Company …
AMD (AMD) has accused Intel (INTC) of creating a monopoly in PC and servers chips by using its size to give customers special deals to do business with it exclusively. The European…
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
There was a moment after AMD (AMD) released its earnings when the stock actually rose. Gross margins were up a bit. The Q3 loss was less than Q2. There was a below…
(AMD) Advanced Micro Devices -$0.71 EPS vs -$0.62 est.(BSX) Boston Scientific $0.20 EPS vs $0.07 guidance.(CAT) Caterpillar $1.40 EPS vs $1.43 est.; narrows 2007 guidance.(FITB) Fifth Third $0.71 EPS vs $0.68 est.(GOOG)…
AMD (AMD) had another big quarterly loss. But, it was not as large as in Q2 and gross margins improved a bit. Maybe the chip price wars are ending and AMD can…
According to Reuters, Google’s (GOOG) quarterly profit rose 46%. Reuters writes that Warren Buffett has sold his entire stake in PetroChina (PTR) Reuters writes that Microsoft (MSFT) says that its may make…
Investors hoped for big thing from AMD (AMD) moving shares up over 3% in the regular session to $14.56. Analysts were looking for AMD to report a loss per share of 62…
Douglas A. McIntyre 