Advanced Micro Devices Inc (NYSE:AMD), Ariad Pharmaceuticals Inc (NASDAQ:ARIA) and Globalstar Inc (OTC:GSAT) have been added to our watch list.
Advanced Micro Devices, Inc. (NYSE:AMD) operates as a semiconductor company worldwide. It operates in Computing Solutions and Graphics. The company designs, develops, and sells central processing units (CPU) and accelerated processing units (APU) for servers. Additionally, it provides chipset products with and without integrated graphics processors. Advanced Micro Devices Inc was established in 1969 and is settled in Sunnyvale, California.
On November 12th, AMD announced that it has entered into a loan and security agreement for a principal amount up to $500 million with a group of lenders and Bank of America, N.A. acting as agent for the lenders. The proceeds of the Secured Revolving Line of Credit may be used for general corporate purposes, including working capital needs.
For our complete article on AMD please go here: http://tinyurl.com/OTCmagic-AMD
Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) is an oncology company. It focuses on the discovery, development, and commercialization of medicines for cancer patients. It has focus on commercializing Iclusig (ponatinib), a cancer medicine; and developing additional molecularly targeted therapies. The company was established in 1991 and is headquartered in Cambridge, Massachusetts.
On November 12th, ARIA reported financial results for the third quarter of 2013. It includes revenue from Iclusig® (ponatinib). It also announced actions it is taking to reduce cash used in operations over the next two years. The company plan includes a previously disclosed reduction of approximately 40 percent of the Company’s U.S. workforce.
For our complete article on ARIA please go here: http://tinyurl.com/OTCmagic-ARIA
Globalstar Inc. (OTC:GSAT) provides mobile voice and data communications services through satellite worldwide. It offers duplex two-way voice and data products, including mobile voice and data satellite communications services. The company two-way transmission products also include Qualcomm GSP-1720 satellite voice and data modem. In addition, the company provides SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions. The company served approximately 562,000 subscribers.
For our complete article on GSAT please go here: http://tinyurl.com/OTCmagic-GSAT
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