The KUIK Closing Market Report for Thursday, April 16: |
|
Markets were down. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(7) |
points |
18,106 |
2:32 PM |
|
|
S&P500 |
Down |
-0.1% |
percent |
2,105 |
|
(1.64) |
|
Nasdaq Composite |
Down |
-0.1% |
percent |
5,008 |
|
(3.23) |
|
30 Year Treasury |
Unchanged |
– |
Basis Points |
2.56 |
Annual Yield |
|
|
|
Shares of Advanced Micro Devices fell more than 8% in after-hours trading to $2.64 after the company reported weaker-than-expected first-quarter earnings and sales. The company reported a net loss of $180 million, or 23 cents a share, compared with a year-earlier loss of $20 million, or 3 cents. The chipmaker reported a 23% year-over-year decline in revenue to $1.03 billion, missing the consensus estimate of $1.05 billion, and AMD said it expects sales to fall another 3% in the current quarter. |
|
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
|
http://www.marketwatch.com/story/amd-stock-falls-8-as-sales-disappoint-2015-04-16?dist=afterbell |
|
For today’s Closing Market Report click to listen-> |
|