News: Advanced Micro Devices Inc (AMD)

AMD on New York Consolidated

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24 May 2013
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Thu, May 23 2013

BRIEF-Advanced Micro Devices shares down 3.5 percent in premarket trade

NEW YORK, May 23 - Advanced Micro Devices Inc : * Shares down 3.5 percent in premarket trade

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BRIEF-Advanced Micro Devices shares off after Goldman Sachs cuts to sell

NEW YORK, May 16 - Advanced Micro Devices Inc : * Shares off 6 percent in premarket trade after Goldman Sachs cuts to sell

AMD results beat expectations in declining PC market

- Advanced Micro Devices Inc forecast current-quarter revenue above Wall Street's expectations as it rushes to find new markets to offset its declining core business of PC chips.

UPDATE 2-AMD results beat expectations in declining PC market

(Adds details on results, analyst comment, after-hours stock movement)

Chipmaker AMD's quarterly revenue beats Street

April 18 - Advanced Micro Devices reported first-quarter revenue of $1.09 billion and a net loss of $146 million, or 19 cents a share, as it rushes to find new markets to offset its declining core PC chip business.

BRIEF-AMD down in extended trading after results

NEW YORK, April 18 - Advanced Micro Devices Inc : * Shares down 2.4 percent in extended trading after results

BRIEF-AMD jumps in afternoon trading, up 13 percent

NEW YORK, April 8 - Advanced Micro Devices Inc : * Shares jump in afternoon trading, up 13 percent

AMD to sell and lease back Austin, Texas, campus to raise cash

SAN FRANCISCO - Advanced Micro Devices Inc agreed to sell and lease back its campus in Austin, Texas, to raise $164 million in cash and fund its chipmaking business as it diversifies beyond the struggling PC industry into new markets.

AMD to sell and lease back Austin, Texas, campus to raise cash

SAN FRANCISCO, March 12 - Advanced Micro Devices Inc agreed to sell and lease back its campus in Austin, Texas, to raise $164 million in cash and fund its chipmaking business as it diversifies beyond the struggling PC industry into new markets.

TEXT - Fitch cuts Advanced Micro Devices issuer default rating

Jan 30 - Fitch Ratings has downgraded the following ratings for Advanced Micro Devices Inc.'s (NYSE: AMD): --Long-term IDR to 'CCC' from 'B'; --Senior unsecured debt to 'CCC/RR4' from 'B/RR4'. Fitch's actions affect approximately $2.1 billion of total debt. The ratings reflect Fitch's expectations that negative free cash flow (FCF) in 2013 will drive cash below AMD's target level and potentially approach the company's minimum operating level. Beyond the near-term, Fitch believes a strong e

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