AMD share price suffers tear apart drive go against city to go up greatly 8.51%
October 9, 2008
Dispatch of sina science and technology on October 8 message, suffer the effect that tears apart message of manufacturing industry Wu, the open quotation of share price Zhou Er of AMD company goes up greatly for a time 31.44% , ultimate reply closes at 4.59 dollars, go up for 8.51% . Zhou Er, dow Jones index falls greatly 5.11% , na Sida overcomes an index to drop greatly 5.80% .
Beijing time on October 7 towards evening 18 when, AMD company announced its tear apart the plan of manufacturing industry Wu external. In the plan, AMD threw the debt of 1.2 billion dollar joint-stock company, obtained the ready money that invests a 700 million dollar.
Suffer the effect of this message, the share price open quotation of AMD company goes up greatly 31.44% to 5.56 dollars, begin concussion subsequently, ultimate reply closes at 4.59 dollars, go up for 8.51% . AMD is in dish hind still rose 3.05% . AMD share price goes against city to rise below the setting that drops greatly in American stock market. Zhou Er, index of American main stock market all appeared to drop greatly, dow Jones index falls greatly 5.11% , na Sida overcomes an index to drop greatly 5.80% .
The production business that AMD announces tears apart plan to be: AMD and Abuzabi (capital of United Arab Emirates) subordinate new technology invests a company (ATIC) establishs a joint-stock company that the name is Foundry, AMD is located in his Foundry of infuse of two factories of Germany and 3000 employee, intellectual property, ATIC pays 700 million dollar to acquire the share of Foundry55.6% to AMD, invest capital of carry of battalion of 1.4 billion dollar to Foundry, return acceptance to be in did not come 5 years to Foundry infuse 36 with upgrading to 6 billion dollar product line and new York build a plant. The Mubadala that governmental division issues Abuzabi will pay 314 million dollar to make to AMD the scale that its oppose an AMD from 8.1% add to 19.3% . AMD currently holds the post ofpresident Lu Yi wisdom leaves his post hold the position of Foundry president, the senior vice president that is in charge of AMD to make professional work Ross of case • case (Doug Grose) leaves his post hold the position of Foundry company CEO, the seat of board of directors of AMD and ATIC is same. (Bear stands)
Tags: AMD, price, Share, suffers, tearAdvertisement
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