Active Buzzers: Advanced Micro Devices, The Walt Disney Company, Vale SA


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NYSE:AMD / NYSE:DIS
04/05/2013 [ACCESSWIRE]

NEW YORK, April 05, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Advanced Micro Devices, The Walt Disney Company, Vale SA.

Advanced Micro Devices, Inc. (NYSE:AMD) shares decreased 1.67% to $2.29. The company, on April 5, announced its collaboration with Adobe Systems Incorporated to deliver OpenCL™ hardware-accelerated video editing for the first time on the Microsoft Windows platform with the next version of Adobe® Premiere® Pro.

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This collaboration further demonstrates AMD's commitment to enabling partner ecosystems with cross-platform open standards, empowering Adobe to amplify the editing experience for creative professionals everywhere.
Additionally, the company announced that it will webcast its quarterly earnings conference call on Thursday, April 18, 2013 at 5:00 p.m. EDT / 2:00 p.m. PDT to discuss the results of its fiscal first quarter ending March
30, 2013.

Vale SA (ADR)(NYSE:VALE) shares jumped 0.24% to $17.02. The company, on April 1, informs that its Executive Boardhas approved and will submit to the Board of Directors the proposal for payment of the first
installment of the minimum dividendof US$ 2.250 billion, as publicly announced on January 28, 2013, equal to US$ 0.436607084 per common or preferred share in circulation, as of February 28, 2013 (5,153,374,926).

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The Walt Disney Company(NYSE:DIS) will reportedly start laying off staff at its studio and consumer product divisions in the next two weeks, as part of its cost-cutting measures.

The job cuts will be focused on the marketing and home video units and to a small extent, the animation wing.
Staff reductions at the consumer products unit will result mostly from attrition.

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Disney has already begun layoffs at the LucasArts games studio on Wednesday. Last year, it laid off 200 people at the Disney Interactive video game, as the company’s focus shifted from console games to online and mobile
entertainment. 100 more staffers have been laid off since.

Likewise, the company had cut jobs at the publishing unit last year when Disney restructured its consumer products unit and moved its operations to Burbank from New York.

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