Stocks in Focus: AMD, OREX, BKS, OPEN, MIPS

Las Vegas, NV -- (SBWIRE) -- 11/05/2012 -- Advanced Micro Devices Inc (NYSE:AMD) decreased 1.87% to $2.10 on a traded volume of 20.73 million shares.The Company intends to use technology from Britain's ARM Holdings Plc to make energy-efficient processors for servers. AMD will expand its push into the still-new microserver market, combining ARM's architecture typically used in smartphones with the x86 architecture common in PCs and servers.

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Orexigen Therapeutics Inc (NASDAQ:OREX) plunged 4.88% and closed at $5.26 on a traded volume of 1.62 million shares.The Company will announce financial results for the third quarter ended September 30, 2012 on November 7, 2012 after the market closes. The organization is a biopharmaceutical company focused on the treatment of obesity. The Company's lead product candidate is Contrave, which has completed Phase III clinical trials and for which a New Drug Application has been submitted and reviewed by the FDA.

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Barnes& Noble Inc (NYSE:BKS) went down 4.68% and closed at $16.10 on a traded volume of 1.20 million shares.The Company announced new, lowest-ever pricing on its award-winning NOOK Tablet and NOOK Color devices in time for the holidays.

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OpenTable Inc (NASDAQ:OPEN) declined 4.35% and the last traded price $45.30 on a traded volume of 1.27 million shares.The Company posted third quarter net income of$5.9 million or $0.26 per share compared to $4.1 million or $0.17 per share in the previous year quarter. Consolidated net revenues for the quarter $39.74 million versus $34.36 million in the previous year period, while analysts had consensus revenue estimate of $39.69 million for the quarter.The Company estimates revenue to be in the range of $41.5 million to $43.1 million and non-GAAP earnings per share to be in the range of $0.41 to $0.45 for fourth quarter.

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MIPS Technologies Inc (NASDAQ:MIPS) slipped 4.31% and closed at $6.88.The Company posted first quarter revenue from royalties of $10.5 million compared to $10.6 million in the prior quarter. License revenue was $3.4 million compared to $27.8 million in the prior quarter. The net loss was $4.3 million or $0.08 per share compared to net income of $17.3 million and $0.31 per sharein the fourth quarter of fiscal 2012.

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