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Stock Market & Financial Investment News

News Breaks
February 27, 2013
17:34 EDTTSRA, AMDTessera, AMD settle pending litigation, financial terms confidential
Tessera Technologies (TSRA) announced that its Tessera subsidiary has entered into an agreement settling all pending litigation with Advanced Micro Devices (AMD). The specific financial terms of the agreement are confidential. Tessera, Inc. and AMD agreed to dismiss claims and counterclaims between the two parties relating to Tessera's patent infringement claims pending in the United States District Court, Northern District of California. The company is not providing additional financial guidance in connection with this agreement.
News For TSRA;AMD From The Last 14 Days
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July 21, 2015
05:51 EDTAMDUMC enters volume production for AMD chips using TSV, DigiTimes reports
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July 17, 2015
08:31 EDTAMDAMD expense cuts needed to avoid bankruptcy, says Susquehanna
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July 16, 2015
19:04 EDTAMDOn The Fly: After Hours Movers
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18:24 EDTAMDAMD says goal of 2H15 profitability has been pushed out, cites low PC demand
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17:43 EDTAMDAMD sees 2H15 product ramps as key market share driver
Also cites seasonal improvement in PCs and game consoles and re-balanced inventory. For 2016, sees the following market share drivers: Semi-custom and embedded products ramp; Graphics and commercial client growth; New high performance CPUs. For 2017/2018, sees the following market share drivers: Strong datacenter portoflio; Additional semi-custom design wins ramp: Multi-generation roadmap investments deployed. Guidance from presentation slides for Q2.
17:39 EDTAMDAMD targets long-term EPS of greater than 50c per share
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17:36 EDTAMDAMD sees 2H15 revenue up 15%, plus or minus 3%
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16:42 EDTAMDAMD Q2 Computing and Graphics segment revenue decreased 29% sequentially
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16:28 EDTAMDAMD cites near-term challenges in PC processor business
"Strong sequential revenue growth in our EESC segment and channel business was not enough to offset near-term challenges in our PC processor business due to lower than expected consumer demand that impacted sales to OEMs," said Dr. Lisa Su, AMD president and CEO. "We continue to execute our long-term strategy while we navigate the current market environment. Our focus is on developing leadership computing and graphics products capable of driving profitable share growth across our target markets."
16:21 EDTAMDAMD reports Q2 gross margin 25%, non-GAAP gross margin 28%
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16:19 EDTAMDAMD sees Q3 revenue up 6%, plus or minus 3%, sequentially , consensus $1.05B
16:17 EDTAMDAMD reports Q2 adjusted EPS (17c), consensus (17c)
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15:02 EDTAMDNotable companies reporting after market close
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11:41 EDTAMDTSMC slips after reporting Q2 results, cautious outlook
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07:08 EDTTSRABarrington to hold a bus tour
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July 15, 2015
19:03 EDTAMDOn The Fly: After Hours Movers
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18:05 EDTAMDIntel pulls semiconductor peers higher after reporting Q2 results
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10:01 EDTAMDOn The Fly: Analyst Initiation Summary
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09:41 EDTAMDIDEXX should be watched after 'curious' board change, dealReporter says
IDEXX Laboratories (IDXX), which analysts have previously speculated could be a takeover target for Zoetis (ZTS), should be watched for any possible M&A hints after the "curious addition" of Advanced Micro Devices (AMD) Chairman Bruce Claflin to its board yesterday, said dealReporter, according to contacts.
06:49 EDTAMDAMD initiated with a Neutral at Mizuho
Target $2.25.
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