Orlando, FL -- (SBWIRE) -- 08/14/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On: Advanced Micro Devices, Inc. (NYSE:AMD), Synovus Financial Corp. (NYSE:SNV).
Advanced Micro Devices, Inc.(NYSE:AMD), the semiconductor design innovator known for its ground-breaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices, declared today that Senior Vice President and General Manager, Global Business Units Lisa Su will present at the Citi Global Technology Conference on the 4th of September in New York.
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A replay of the webcast can be accessed approximately 4 hours after the conclusion of the live event and will be available for 30 days after the conference along with a live broadcast on the Investor Relations homepage.
Synovus Financial Corp.(NYSE:SNV) has paid back $968 million in bailout funds to the U.S. Treasury Department, thereby clearing one of the largest debts still owed by a commercial bank to the Troubled Asset Relief Program. A huge chunk, amounting to more than two-thirds of the amount was generated internally, with the balance from common and preferred stock offerings totaling $315 million, the Columbus, Georgia-based company said in a statement.
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The company falls among the hundreds of U.S. banks that took money from the $700 billion TARP fund as the financial system teetered near collapse in 2008. CEO Kessel Stelling led the lender to its first annual profit since 2007 last year as Synovus got rid of distressed assets and cut expenses. Stelling said that the past week included three ratings agency upgrades, two successful capital offerings, and the exit from TARP, which brought about a huge turnaround for the company. The bank has about $27 billion in assets and 280 offices in Georgia, Alabama, South Carolina, Florida, and Tennessee.
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