American Technology Research analyst Doug Freedman downgraded AMD (AMD) to “neutral” from “buy” and lowered his price target to $11.00 from $17.00 according to Forbes. But, a number of other analysts are…
Douglas A. McIntyre AMD (AMD) Downgrade. Prospects seen as dim for next few months. Drops to $9.80 from 52-week high of $23. Motorola (MOT) Verizon Wireless opening its system? No other news. Falls to $14.87…
In the current credit environment, there are several fairly big companies that could get in enough trouble that it would wipe out the common shareholders. The ones in the financial industry like…
Money is money. Or, so they say. Dubai International Capital says that it has bought a big piece of Sony (SNE) according to The Wall Street Journal Cash rich funds from Arab…
According to Reuters, Richard Branson’s Virgin Group has been picked as the preferred bidder for troubled UK financial company Northern Rock. Reuters writes that Rio Tinto (RTP) rebuffed a bid from BHP…
Every month, 24/7 Wall St. peruses through the NYSE, AMEX, and the NASDAQ. One key area we look at of course is technology. Below is a summary of some of the key…
It is always interesting seeing which groups and which stocks saw the biggest changes in short interest. This list doesn’t show financials because we’ve already shown that individually. Here are some of…
Short interest for stocks traded on the NYSE was up about 3% for the period ending November 15 compared to the October 31 numbers. Bets against big financials sky-rocketed, and positions in…
The price of AMD’s (AMD) shares ignored good news on PC sales from Hewlett-Packard (HPQ), the introduction of a quad-core chip, and a purchase of 8.1% of its shares by the investment…
Much of the strength in HP’s (HPQ) earnings yesterday came from PC sales, particularly laptops. After being up on its quarterly report, HP is fairly flat at mid-day, but chip provider Intel…
As far as investors are concerned, today’s Hewlett-Packard (NYSE:HPQ) announcement is perhaps the single largest investment event for investors who have been trying to figure out if they can really hide their…
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…
