Kolkata, West Bengal -- (SBWIRE) -- 09/10/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Federal Home Loan Mortgage Corp(OTC:FMCC), Advanced Micro Devices, Inc. (NYSE:AMD), Baidu.com, Inc. (ADR)(NASDAQ:BIDU).
Federal Home Loan Mortgage Corp(OTC:FMCC) shares fell 0.88% and closed at $1.12. The company on Sept. 9 announced a new offering of Structured Pass-Through Certificates ("K Certificates"), which are multifamily mortgage-backed securities. The company expects to issue approximately $1.3 billion in K Certificates, which are expected to price the week of September 9, 2013, and settle on or about September 26, 2013. This is Freddie Mac's fourteenth K Certificate offering this year.
Should Investors Buy FMCC After Yesterday’s Slump? Find Out Here
Additionally, the company on Sept. 3 said it will sell $2 billion of reference bills. Freddie Mac said it plans to sell $1 billion of three-month bills due Dec. 2, 2013, and $1 billion of six-month bills due March 3, 2014. The bills will be sold over the Internet in a Dutch auction. In such uniform price auctions, successful bidders pay only the price of the lowest accepted bid rather than the actual price as in a conventional multiple-price auction.
Moreover, the company on August 26 said it sold $2.0 billion of reference bills at lower rates and higher demand compared with the most recent sales of similar maturities and comparable amounts. Freddie Mac sold $1.0 billion of three-month bills, due Nov. 25, 2013, at a 0.048 percent rate, down from the 0.075 percent rate for its $1.0 billion three-month bills sold Aug. 19.
Advanced Micro Devices, Inc. (NYSE:AMD) shares climbed 3.36% to $3.69. The company on Sept. 9 disclosed its roadmap for the fast-growing embedded computing market, as it becomes the first company to offer both ARM and x86 processor solutions for low-power and high-performance embedded compute designs.
Can Traders Buy AMD After The Solid Rally? Get Free Trend Analysis Here
Additionally, 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.
Moreover, 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).
Baidu.com, Inc. (ADR)(NASDAQ:BIDU) shares climbed 0.67% to $136.58. Baidu, Inc. and Renren Inc. (NYSE: RENN) on August 23 announced that Baidu Holdings Limited, a subsidiary of Baidu, and Renren have entered into a definitive agreement (the "Agreement"), pursuant to which Baidu Holdings Limited will acquire a certain number of newly issued ordinary shares of Nuomi Holdings Inc., a wholly-owned subsidiary of Renren, representing approximately 59% of the equity interest in Nuomi, for a purchase price of US$160 millionin cash.
Should Investors Buy BIDU After Yesterday’s Slump? Find Out Here
Additionally, the company on August 14 announced that its wholly-owned subsidiary Baidu (Hong Kong) Limited has signed a definitive merger agreement to acquire a 100 percent equity interest in 91 Wireless Websoft Limited from NetDragon Websoft Inc. and other shareholders. 91 Wireless is one of the leading mobile app marketplaces and mobile game operators in China. In the month of July 2013, Baidu and 91 Wireless users in China together downloaded a daily average of 69 million apps. The large majority of these were downloaded directly from mobile devices.
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