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Stock Market & Financial Investment News

News Breaks
January 8, 2013
10:42 EDTAMDAMD downgraded to B from BB- by S&P, outlook Stable
Standard & Poor's Rating Services lowered its corporate credit and senior unsecured ratings on Advanced Micro Devices to 'B' from 'BB-'. At the same time, it removed the ratings from CreditWatch, where it had placed them with negative implications on Oct. 12, 2012. "The downgrade reflects our expectation for continued revenue and earnings declines resulting in leverage exceeding 7x over the coming year because of weak PC industry demand prospects and intense competition from industry peers, including Intel," said Standard & Poor's credit analyst John Moore.
News For AMD From The Last 14 Days
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November 17, 2014
07:52 EDTAMDDepartment of Energy awards $425M for supercomputing technologies
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November 14, 2014
11:14 EDTAMDAMD awarded $32M in research grants for extreme scale computing research
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09:38 EDTAMDJANA Partners gives quarterly update on stakes
NEW STAKES: AMD (AMD), AECOM Technology (ACM), Alibaba (BABA), McDonald's (MCD), Amgen (AMGN), Gaming and Leisure Properties (GLPI), Iron Mountain (IRM), iRobot (IRBT), Seadrill Partners (SDLP), Valeant (VRX). INCREASED STAKES: eBay (EBAY), Charter (CHTR), Groupon (GRPN), HD Supply (HDS), Hertz (HTZ). DECREASED STAKES: Apache (APA). LIQUIDATED STAKES: CBS (CBS), Endo (ENDP), FMC Corporation (FMC), SeaWorld (SEAS), SunEdison (SUNE).

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