On 5 June, Thursday, Ciena Corporation (NYSE:CIEN) will release its quarterly report, and even though analysts expect solid growth from the networking-equipment maker, shareholders have sent the stock downward. Ciena Corporation (NYSE:CIEN) stock opened today at $18.74 and is currently trading at $18.79. The stock showed a negative weekly performance of -7.44%.
Advanced Micro Devices, Inc. (NYSE:AMD) has announced the pricing of the private offering under which it will sell $500 million of senior notes. It will sell the 7.00% Senior Notes that are due in year 2024 under the private offering. The transaction is expected to complete on or around June 16, 2014. The company will be able to generate the net proceeds of approximately $490 million exclusive of the initial purchasers’ discounts and after deducting the estimated offering expenses. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened at $3.96, in current trading session and currently is at $3.93, by losing -0.88%. The 52 week range of $3.04 – $4.65. Company’s market capitalization is 3.00 billion.
On May 23, 2014, the Board of Directors of Atmel Corporation (NASDAQ:ATML) amended Article II, Section 2.2 of the Company’s Bylaws to enhance the information requirements related to the submission of potential stockholder proposals and Article VI of the Company’s Bylaws to clarify and enhance provisions related to the indemnification of Directors and Officers and non-Directors and Officers that the Company determines to indemnify. Atmel Corporation (NASDAQ:ATML) stock is currently trading at $8.29. The EPS of the stock is 0.06. Company’s market capitalization is 3.49 billion.
Microsoft Corporation (NASDAQ:MSFT) lost an $11.6 million jury verdict in a complex retaliation and defamation case that experts say probably could have been prevented. Microsoft Corporation (NASDAQ:MSFT) stock opened the session at $40.60, and now is at $40.37. The 52 week range of the Microsoft Corporation (NASDAQ:MSFT) stock remained $30.84 – $41.66 and the day range was $40.29 – $40.68.
Applied Micro Circuits Corporation (NASDAQ:AMCC) and Canonical will demonstrate Icehouse, the latest OpenStack release using Ubuntu 14.04 LTS in a KVM virtualized environment on an X-Gene™ -based server rack, using Juju, MAAS and charms to orchestrate applications, databases and services. Onboard applications will include Elasticsearch, SugarCRM, Kibana, Logstash, Hadoop and MediaWiki. The demonstration is a significant proof point that leading scale-out cloud services are available on 64-bit ARM® architecture. Applied Micro Circuits Corporation (NASDAQ:AMCC) stock opened today at $8.91 and is currently trading at $8.91. The stock showed a negative weekly performance of -2.19%.
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