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News Breaks October 4, 2012 06:57 EDT AMD AMD upgraded to Neutral from Sell at MKM Partners News For AMD From The Last 14 Days Check below for free stories on AMD the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 23, 2013 11:40 EDT AMD Stocks with call strike movement; FSLR AMD Subscribe for More Information May 22, 2013 12:07 EDT AMD Stocks with call strike movement; FSLR AMD Subscribe for More Information 08:07 EDT AMD AMD estimates conservative after XBox One design win, says Jefferies Subscribe for More Information May 21, 2013 11:57 EDT AMD Stocks with call strike movement; FSLR AMD Subscribe for More Information May 20, 2013 13:05 EDT AMD Stocks with call strike movement; AMD CLF Subscribe for More Information 08:39 EDT AMD AMD price target rasied to $4.50 from $2.75 at UBS Subscribe for More Information May 17, 2013 12:10 EDT AMD Stocks with call strike movement; AMD CLF Subscribe for More Information May 16, 2013 16:29 EDT AMD On The Fly: Closing Wrap Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47. 12:24 EDT AMD On The Fly: Midday Wrap The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80. 12:00 EDT AMD AMD falls 13.9% AMD is down 13.9%, or 61c, to $3.77 11:37 EDT AMD Stocks with call strike movement; AMD BBY AMD (AMD) October 4.5 call volatility increased 4% to 58, Best Buy (BBY) June 30 call option implied volatility increased 3% to 63 according to IVolatility. 10:03 EDT AMD On The Fly: Analyst Downgrade Summary Subscribe for More Information 10:00 EDT AMD AMD falls 13.2% Subscribe for More Information 09:19 EDT AMD On The Fly: Pre-market Movers Subscribe for More Information 06:15 EDT AMD AMD downgraded to Sell from Neutral at Goldman Goldman downgraded AMD due to high expectations and continued disappointing results in the PC segment. Price target is $2.50. May 15, 2013 09:11 EDT AMD AMD launches Radeon HD 8970M, 'world's fastest notebooks graphics card' Subscribe for More Information 07:35 EDT AMD JPMorgan to host a conference 41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link May 13, 2013 13:01 EDT AMD AMD rises after announcing lower-cost servers Shares of Advanced Micro Devices are rallying after the company announced that servers based on its AMD Open 3.0 specification are now available. WHAT'S NEW: AMD announced earlier the availability of the servers, which will be offered through its distributor partners. The company said its AMD Open 3.0-based system "supported just as many virtual desktops and reduced total cost of ownership by 57%" when compared to benchmarks running virtual desktop infrastructure. PRICE ACTION: In midday trading shares of AMD rose 22c or 5.57% to $4.17. May 10, 2013 11:17 EDT AMD Dataram announces manufacturing partnership with AMD Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.