Advanced Micro Devices (AMD) NewsBite - AMD Could Be On the Move - Zibb.com

Nov 02, 2009 (Fresh Brewed Media via COMTEX) --

Advanced Micro Devices (AMD) could be on the move today and is now at $4.69, up $0.07 (1.52%) on volume of 3,548,884 shares traded. Over the last 52 weeks the stock has ranged from a low of $1.62 to a high of $6.36. AMD was covered in a Vic Wisemann report today. To read the report, go to www.marketintelligencecenter.com/vw110209 . Advanced Micro Devices stock has been showing support around $4.28 and resistance in the $5.14 range. Technical indicators for the stock are neutral and S&P gives AMD a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on AMD the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 4 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: S&P  

Companies: Advanced Micro Devices, Inc. (AMD)

Permalink

Intel Agreed To Pay $1.25 Billion Settlement To Advanced Micro Devices (INTC,AMD) - Zibb.com

Nov 12, 2009 (SmarTrend(R) News Watch via COMTEX) --

11/12/2009 - Intel (NASDAQ:INTC) agreed Thursday to pay its rival Advanced Micro Devices (NYSE:AMD) $1.25 billion to settle antitrust and patent disputes, according The New York Times. Advanced Micro Devices is dropping suits in the U.S. and Japan and withdrawing complaints to antitrust regulators now that the companies have reached a settlement. The companies, in a joint statement, said, "While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development."

Write to Chip Brian at cbrian@tradethetrend.com

Read more...

Tags: antitrust   japan   market   nasdaq   nyse   patent   securities  

Companies: Advanced Micro Devices, Inc. (AMD), Intel Corp. (INTC)

Permalink

Advanced Micro Devices (AMD) NewsBite - Intel (INTC) Settles AMD's Antitrust Suits - Zibb.com

Nov 12, 2009 (Fresh Brewed Media via COMTEX) --

Advanced Micro Devices (NYSE: AMD) opened at $6.64. So far today, the stock has hit a low of $6.47 and a high of $6.72. AMD is now trading at $6.50, up $1.19 (22.41%). Over the last 52 weeks the stock has ranged from a low of $1.62 to a high of $6.36. AMD shares are rising today after the company announced it has reached an agreement with Intel Corp. (INTC) to end all outstanding legal disputes between the companies. Under the deal, Intel will pay AMD $1.25 billion and the two companies will obtain patent rights from a new 5-year cross license agreement. AMD will drop all pending litigation against Intel and withdraw all regulatory complaints against the company. Technical indicators for the stock are neutral and S&P gives AMD a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on AMD the stock seems like it could be a candidate for an April out-of-the-money bull-put credit spread below the 5 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: antitrust   legal   nyse   patent   S&P  

Companies: Advanced Micro Devices, Inc. (AMD), Intel Corp. (INTC)

Permalink

Advanced Micro Devices Down 9.2% Since SmarTrend's Sell Recommendation - Zibb.com

Nov 03, 2009 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend, our proprietary pattern recognition system, called a Downtrend for Advanced Micro Devices (NYSE:AMD) on October 28, 2009 at $4.88.

Since then, Advanced Micro Devices has returned 9.2% as of today's recent price of $4.43. Want to profit from these alerts?

Read more...

Tags: market   nyse   profit   securities   trial  

Companies: Advanced Micro Devices, Inc. (AMD)

Permalink