Oppenheimer Remains Bearish on Advanced Micro Devices (AMD) Following 2Q Results and Guidance

Pre-Open Stock Movers 07/17: (HTZ) (GOOGL) (GOOG) (MDRX) Higher; (DSCO) (NRX) (SWI) Lower (more...)

July 17, 2015 9:27 AM EDT

Discovery Laboratories, Inc. (Nasdaq: DSCO) 17.8% LOWER; announced that it has priced an underwritten public offering of 18.3 Million Series A units and 40.0 Million Series B units. Each Series A unit consists of one share... More

Wedbush Cut Price Target on Advanced Micro Devices (AMD) Following 2Q Results

July 17, 2015 8:57 AM EDT

Wedbush maintained a Neutral rating on AMD (NASDAQ: AMD), and cut the price target to $2.00 (from $2.25), following 2Q15 results. Reported EPS was in-line with consensus at $0.17. Revenues of $942MM was slightly below the consensus estimate of $950.51MM. Management guided Q3 revenue up 6%... More

AMD (AMD) 'Sell' Reiterated at UBS on Cash Burn Concerns

July 17, 2015 8:47 AM EDT

UBS analyst Stephen Chin reiterated a Sell rating and $2 price target on AMD (NASDAQ: AMD), saying cash burn a concern again as return to profitability pushes out into 2016.

Chin commented, "We maintain a Sell rating on AMD as we remain concerned over... More

Susquehanna Remains Neutral on Advanced Micro Devices (AMD) Following 2Q15 Results

July 17, 2015 7:43 AM EDT

Susquehanna maintained a Neutral rating and $2.00 price target on Advanced Micro Devices (NASDAQ: AMD) following 2Q15 results. AMD reported revenue of $942 mln, slightly lower than consensus of $950 mln. EPS was reported at -$0.17, in-line with consensus.

Analyst Chris Caso commented, "AMDs report strikes a... More

After-Hours Stock Movers 07/16: (HTZ) (GOOGL) (MDRX) Higher; (DSCO) (SWI) (CYT) Lower (more...)

July 16, 2015 5:54 PM EDT

Discovery Laboratories, Inc. (Nasdaq: DSCO) 17.8% LOWER; commenced an underwritten public offering of units. Each unit will consist of one share of common stock and a Series A warrant to purchase one share of common... More

Advanced Micro Devices (AMD) Reports In-Line Q2 EPS; Guides Q3 Revenue

July 16, 2015 4:16 PM EDT

Advanced Micro Devices (NASDAQ: AMD) reported Q2 EPS of ($0.17), in-line with the analyst estimate of ($0.17). Revenue for the quarter came in at $942 million versus the consensus estimate of $950.51 million.

For Q3 2015, AMD expects revenue to increase 6 percent, plus or minus 3 percent, sequentially.... More

Pre-Open Stock Movers 07/16: (NFLX) (ANFI) (INTC) Higher; (ANR) (ROVI) (GRMN) Lower (more...)

July 16, 2015 9:30 AM EDT

Alpha Natural (NYSE: ANR) 36% LOWER; is in talks for a $300 to $400 million debtor in possession loan with senior bondholders and other loan holders, according to Dow Jones sources. The financing would be used if Alpha Natural filings for chapter 11... More

After-Hours Stock Movers 07/15: (NFLX) (SRCL) (INTC) Higher; (SYN) (HCA) Lower (more...)

July 15, 2015 6:04 PM EDT

Synthetic Biologics (NYSE: SYN) 12% LOWER; announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares in the offering are to be sold by Synthetic Biologics. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the share amount sold to cover over-allotments, if any. The offering is subject... More

Trading Radar for 7/16: Goldman Sachs (GS), Google (GOOGL), Citi (C), eBay (EBAY), UnitedHealth (UNH), AMD (AMD) Report

July 15, 2015 2:16 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 283kContinuing Claims - Street sees 2.275M

Earnings:

Amira Nature Foods (NYSE: ANFI) - consensus EPS $0.49
BB&T Corp. (NYSE: BBT) - consensus EPS $0.69
Blackstone (NYSE: BX) - consensus EPS $0.50
Campus Crest Communities (NYSE: CCG) - consensus EPS $0.15
Citigroup (NYSE:... More

Notable Analyst Rating Changes 7/15: (GES) (CSX) (LNKD) Upgraded; (LLY) (LPLA) (CINF) Downgraded

July 15, 2015 10:18 AM EDT

UPGRADES
Telsey upgrades Guess (NYSE: GES) from Underperform to Market Perform.

RBC Capital boosts CSX (NYSE: CSX) from Sector Perform to Outperform.

Barclays raises LinkedIn (NYSE:... More