Orlando, FL -- (SBWIRE) -- 08/30/2013 -- 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), Nokia Corporation (ADR)(NYSE:NOK).
Advanced Micro Devices, Inc. (NYSE:AMD) shares fell 1.17% to $3.38. The company on August 22 announced that its Singapore subsidiary, Advanced Micro Devices (Singapore) Pte Ltd. (AMD Singapore), has entered into a conditional put-and-call option agreement to sell and lease-back its Singapore facility located at 508 Chai Chee Lane, Singapore 469032 to HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana REIT). The transaction is expected to generate proceeds of approximately 59 million Singapore dollars (USD$46 million), net of all fees, which will be reflected in AMD's third quarter 2013 financial statements when reported on Oct. 17, 2013.
Additionally, the company on August 20 announced new CPU offerings for the AMD Embedded R-Series high-performance computing platform, along with the introduction of a discrete GPU promotional program to provide embedded designers more choices for meeting demanding performance requirements.
Are investors worried about the recent updates with AMD? Find out with a free trend analysis HERE
Nokia Corporation (ADR)(NYSE:NOK) shares increased 0.76% to $4. The company is projecting to launch a 10.1-inch full 1080p HD display clad tablet code-named “Sirius” with Windows RT operating system for which consumers has shown no interest. Since months, Nokia has been rumored of working upon a Windows RT based device. Nokia will run Microsoft Corporation’s (NASDAQ:MSFT) Windows RT operating system on this tablet. Nokia is projected to unveil this tablet by the end of next month at a special event scheduled in New York, USA.
Additionally, the company on August 20 said it won’t release its third quarter earnings report until October, but analysts are already speculating on the results to be expected from the Finnish company’s numbers. The company’s stock has fallen on today’s market in the wake of a report from Sanford Bernstein that gave a pessimistic projection for the current quarter.
Is NOK going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)