TradingMarkets winners & losers
These stocks are moving the markets right
now:
Advanced Micro Devices Inc.
(
AMD |
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Chart |
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PowerRating), a provider of microprocessor solutions, on Thursday, warned of a
sequential decline in second quarter revenues, compared to its earlier
projection of sales to be flat to slightly down seasonally from the prior
quarter (full
story).
3M Company
(
MMM |
Quote |
Chart |
News |
PowerRating), the
maker of 50,000 products from software to Post-it Notes, warned that it expects
its second-quarter earnings, excluding special items, to fall below previous
expectations due to weaker than expected sales volumes and higher than
anticipated new capacity start-up costs in its optical systems division (full
story).
Primedex Health Systems, Inc. agreed to acquire
Radiologix, Inc.
(
RGX |
Quote |
Chart |
News |
PowerRating), a provider of
imaging services, in a cash and stock deal valued at about $208 million,
including net debt (full
story).
Verizon Communications Inc.
(
VZ |
Quote |
Chart |
News |
PowerRating), a New York City-based communication services provider, revealed that
the company has filed a Form 10 registration statement with the Securities and
Exchange Commission, or SEC, in relation to the proposed spin-off of Verizon’s
domestic print and Internet yellow pages directories to its stockholders (full
story).
Cooper Industries Ltd.
(
CBE |
Quote |
Chart |
News |
PowerRating),
a manufacturer of electrical products and tools, revealed that the company,
along with other parties involved in resolution of the Federal-Mogul Corp. or
FMC bankruptcy proceeding, reached a revised agreement on the company’s
participation in Federal-Mogul’s 524
(
G |
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Chart |
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PowerRating) asbestos claimants’ trust (full
story).
Financial services company Freddie
Mac
(
FRE |
Quote |
Chart |
News |
PowerRating) on Friday said it plans to issue a new $4 billion
10-year USD Reference Notes security due on July 18, 2016 (full
story).
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