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News Recap: Delta Air Lines, Inc. (NYSE:DAL), Sony Corporation (ADR) (NYSE:SNE), Advanced Micro Devices, Inc. (NYSE:AMD)

 
 
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Lakeway, NY -- (SBWIRE) -- 03/21/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Delta Air Lines, Inc. (NYSE:DAL) shares climbed 3.20% to $17.07. Raymond James downgraded shares of DAL from an outperform rating to a market perform rating in a research note released on Mar. 15.

Additionally, the company is in discussions to buy up to 20 wide-body jets from Airbus SAS, owned by European Aeronautic Defence and Space Co. (NV EADSY.PK, EADSF.PK), or U.S.-based Boeing Co. ( BA ), reports said. The deal could be worth at least $4.3 billion at list prices.

The order being considered is for 10 to 20 Airbus A330s or Boeing 777s and deliveries may start within the next few years. Delta already uses both types of planes in its fleet.

How Should Investors Trade DAL After The Recent Price movement? Find out Here

Sony Corporation (ADR) (NYSE:SNE) shares gained 3.15% to $17.71. An analyst at Daiwa Securities recently boosted rating on the stock to ‘buy’ from ‘neutral,’ citing that the company could turn profitable in fiscal 2014 due to strong smartphone sales.

Additionally, the company, on Mar. 13, said it is planning to release mid-range phones in its Xperia lineup. One device is that expect to have an association with the Xperia L. The Xperia L family phone also referred as C210X and is now codenamed Tao Shan has been leaked on Internet. Despite this, the other Xperia smartphone that has been marked in the feral recently is the Xperia SP.

Is SNE a Strong Buying Opportunity After The Recent Slump? Find out Here

Advanced Micro Devices, Inc. (NYSE:AMD) shares climbed 3% to $2.75. The company, on Mar. 14, announced the first availability of the AMD Elite A-Series Accelerated Processing Units (APUs), codenamed “Richland.” The new AMD Elite A-Series APUs deliver innovative user experiences like facial log-in and gesture recognition, improved graphics1 and compute performance2 over the previous generation, and enhanced power management capabilities on a single chip.

Additionally, the company announced that it will webcast its quarterly earnings conference call on Thursday, April 18, 2013 at 5:00 p.m. EDT / 2:00 p.m. PDT to discuss the results of its fiscal first quarter ending March 30, 2013.

How Should Investors Trade AMD After The Recent Price movement? Find out Here

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