Notable News: Advanced Micro Devices, Verizon Communications Inc, The Boeing Company


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NYSE:AMD / NYSE:VZ
03/18/2013 [ACCESSWIRE]

NEW YORK, March 18, 2013 - vb-news.net, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Advanced Micro Devices, Verizon Communications Inc, The Boeing Company.

Micro device maker Advanced Micro Devices, Inc.(NYSE:AMD)’s ratings were upgraded to outperform by Macquarie Capital. Analyst Shawn Webster opined that the stock market had underestimated the true potential of the videogame business for the company as its chips have been confirmed to be a part of Sony’s PlayStation 4. 

Has AMD Reached The Bottom and Ready To Move higher? Find Out Here  http://vbtrendreport.com/aw/?code=AMD

Webster is expecting the new Xbox 720 to have AMD chips as well. He said that the company’s core business results may be flat in Q3 and even decline in Q4 by about 5% if the element of gaming console chip is deducted. A selloff was high in the trading session. 

Shares of the company were up about 2% in Monday’s session.

Shares of Verizon Communications Inc.(NYSE:VZ) were upgraded from neutral to buy after the information was out on the buyout of wireless giant. Most likely to be funded on debt, such a deal would increase the company’s cash and earnings immediately. European analysts also gave thumbs-up to Vodafone, which owns part of Verizon Wireless.

Is VZ a Strong Buy At New Highs? Find Out Here http://vbtrendreport.com/aw/?code=VZ

A 45% buyout of Vodafone’s stake would take the value between $106 to $137 billion. Citigroup team is of the view that such a deal would entail massive debt ranging between $70 billion and $80 billion.  

There is also a possibility of funds coming from $3.5 billion sale of Verizon’s Italian assets whereas Vodafone may get $21 billion or more through preferred equity in Verizon as well as $11-22 billion in common equity. 

The final stake of Vodafone in Verizon could be between 7 to 14%. A partial buyout stake may be in offering according to Citigroup analysts. The topic has been a matter of intense speculation lately.  Vittorio Colao, the CEO of Vodafone had hinted that he did not know how the relationship would be in a year and that the company was keeping an open mind. Yet, Verizon CFO said to the media recently that a great deal is being made out of the Joint Venture. While the wireless giant’s share were up to $48.72, up 1.5%, the Vodafone shares soared to $28.08, up 1.5%. The union with a total of 7,400 technical workers of The

Boeing Company(NYSE:BA) will count their ballots on the night of Monday in a revote on a contract pertaining to the replacement of the pension with a 401(k) retirement plan. There was a spilt in the technical unit in the month of February when the engineers were represented by the Society of Professional Engineering Employees in Aerospace in the vote on the 19th of that month.

Is BA A Buy After Today’s retreat? Get Free Trend Analysis Here http://vbtrendreport.com/aw/?code=BA

There was a total of 15,500 engineers who had welcomes the new four year contract in spite of the union having recommended rejection over the issue of pension. Boeing, which is based in Chicago, had left its final contract offer on the table for the technical workers and had asked for their approval. 

According to the contract, a shift from the pension system will enable the company to become more competitive. In one of the messages that the company included on the contract for the technical workers, there is an urgent need for everybody to come together so that the issues which the company is facing can be focused upon.

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