Orlando, FL -- (SBWIRE) -- 09/05/2013 -- 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 Juniper Networks, Inc.(NYSE:JNPR), Advanced Micro Devices, Inc. (NYSE:AMD).
Juniper Networks, Inc.(NYSE:JNPR) shares climbed 6.53% to $20.72. The company on August 28 announced that it has expanded its partnership with VMware to deliver a broad range of solutions for unifying virtual and physical networks within a virtualized data center environment. These solutions, which will include VMware NSX™ L2 Gateway integration and VXLAN routing capabilities across access, aggregation, core and edge tiers of the data center network, will offer enterprise customers seamless management of workflows across virtualized and non-virtualized systems
Additionally, Pomerantz Grossman Hufford Dahlstrom & Gross LLP on August 12 said it has filed a class action lawsuit against Juniper Networks, Inc. ("Juniper Networks" or the "Company") (NYSE: JNPR) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 13-cv-03733, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired securities of Juniper Networks between April 24, 2012 and August 8, 2013 both dates inclusive (the "Class Period"). This class action seeks to recover damages against the Company and certain of its officers and directors as a result of alleged violations of the federal securities laws pursuant to Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
Are investors worried about the recent updates with JNPR? Find out with a free trend analysis HERE
Advanced Micro Devices, Inc. (NYSE:AMD) shares fell 3.25% to $3.27. The company on Sept. 2 announced a double win at the International Public Relations Association's 2013 Golden World Awards. AMD was named winner in two categories for its PR campaign conceived for the launch of the AMD Radeon™ HD 7990 graphics card.
Additionally, 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.
Is AMD going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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