Tech Active Movers: Advanced Micro Devices (NYSE:AMD), Oracle Corporation (NYSE:ORCL), AT&T Inc. (NYSE:T), Sunedison Inc (NYSE:SUNE), Verizon Communications (NYSE:VZ)

Technology Stocks News 13

According to rumors the next mid-range discrete GPU offering of Advanced Micro Devices, Inc. (NYSE:AMD, AMD message board) may hit the market as early as next month. AMD stock logged its fifth green day in a row on Wednesday, closing 0.7% up, having put 28 cents in this green run. Advanced Micro Devices, Inc. (NYSE:AMD) stock performance was 2.84% in last session and finished the day at $4.34. Traded volume was 20.49million shares in the last session and the average volume of the stock remained 21.35million shares. The beta of the stock remained 2.53. Advanced Micro Devices, Inc. (NYSE:AMD) insider ownership is 0.30%.

Oracle Corporation (NYSE:ORCL) shares are higher after being upgraded to ‘overweight’ with a $48 price target by analysts at Atlantic Equities on Wednesday. Oracle Corporation (NYSE:ORCL) rose 0.44 percent to $40.95 Wednesday on volume of 13.40million shares. The intra-day range of the stock was $40.77 to $41.20. Oracle Corporation (NYSE:ORCL) has a market capitalization of $182.43billion.

AT&T Inc. (NYSE:T) will buy DirecTV only if the satellite-TV provider renews its exclusive Sunday night package of football games. Time Warner Cable is selling because it’s losing customers rebelling against high cable bills – caused in part by the soaring cost of obtaining sports rights. AT&T Inc. (NYSE:T)’s stock on July 02, 2014 reported a increase of 0.54% to the closing price of $35.67. Its fifty two weeks range is $31.74 -$36.86. The total market capitalization recorded $185.13billion. The overall volume in the last trading session was 14.24million shares. In its share capital, T has 5.19billion outstanding shares.

Solar technology company SunEdison Inc. (NYSE:SUNE) announced on Monday that it had closed a $190 million project financing deal to build a merchant solar power plant in Chile, one of the largest such plants in Latin America. The company reached a $155 million non-recourse debt financing arrangement with Overseas Private Investment Corp., the Inter-American Development Bank and Chilean commercial bank CorpBanca to fund the construction of a 72.8-megawatt merchant solar power plant, according to a company statement. On Wednesday, shares of Sunedison Inc (NYSE:SUNE) dropped -0.99% to close the day at $22.89. Company return on investment (ROI) is -9.90% and its monthly performance is recorded as 17.44%.  Sunedison Inc (NYSE:SUNE) quarterly revenue growth is 15.37%.

LG has confirmed Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T), Sprint Co. (NYSE: S) and Best Buy Co. (NYSE:BBY) will carry the G3. Sprint said its model will be on the market in July. Verizon is expected to begin accepting preorders on July 10, with in-store availability around July 17. Verizon Communications Inc. (NYSE:VZ) stock performance was 0.59% in last session and finished the day at $49.66. Traded volume was 11.58million shares in the last session and the average volume of the stock remained 17.50million shares. The beta of the stock remained 0.40. Verizon Communications Inc. (NYSE:VZ) insider ownership is 0.02%.

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