AMD Shares Plunge After CEO Departure and 4 Heavily Traded Shares Making Waves
Alcoa (NYSE:AA): On Tuesday, Alcoa fell 0.59 percent, dropping to $9.5235. Alcoa has a 52-week low of $7.97 and a 52-week high of $11.66, and it has a market cap of $10.161 billion with a price-to-earnings ratio of 138.84.
Advanced Micro Devices, Inc. (NYSE:AMD) shares saw a quick drop on Tuesday, the day following the company’s announcement that its chief financial officer is resigning.
Corning (NYSE:GLW): Motorola’s RAZR i should be released next month in select European and Latin American markets including the U.K., France, Germany, Argentina, Brazil and Mexico, and it has already been named the first smartphone to reach speeds of 2.0 GHz. The device will come equipped with a diamond cut, aircraft-grade aluminum frame, Gorilla Glass from Corning, and a backside that’s made “Kevlar strong” from DuPont (NYSE: DD). The RAZR i will also have a splash-guard coating protecting it from liquids, such as spilled drinks.
Nokia Corporation (NYSE:NOK): Amazon has revealed its mapping API which provides an exit strategy from Google Maps for its developers. The new API will be marketed toward devs wishing to incorporate mapping into apps on Amazon’s tablets, and it uses Nokia’s mapping services, the Nokia Location Platform.
Research In Motion Limited (NASDAQ:RIMM) has signed a patent licensing agreement with Microsoft (NASDAQ:MSFT) giving RIM broad access to the most recent Extended File Allocation Table (exFAT) for particular BlackBerrys. exFAT is a modern file system from Microsoft facilitating large files for audiovisual media and enabling data to be transported with ease. It also creates an easy interchange between desktop PCs and other electronic devices.
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