Company news for January 23, 2014 - Corporate Summary

By Zacks Equity Research,

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•    Shares of VMware, Inc. (NYSE: VMW ) rose 1.2% after announcing that it will acquire AirWatch for $1.5 billion. The announcement came close on the heels of an earnings beat and projections of a 12% to 14% year-over-year rise in fourth-quarter revenues

•    Shares of Advanced Micro Devices, Inc. (NYSE: AMD ) slumped almost 12% after announcing that its first-quarter revenue may fall 13% to 19% sequentially

•    Shares of Motorola Solutions Inc (NYSE: MSI ) dropped 3.9% despite reporting fourth-quarter 2013 adjusted earnings per share of $1.57, beating the Zacks Consensus Estimate of $1.50.

•    Texas Instruments Inc. (NASDAQ: TXN ) announced that it will lay off 1,100 employees in the U.S., India and Japan

ADV MICRO DEV (AMD): Free Stock Analysis Report

MOTOROLA SOLUTN (MSI): Free Stock Analysis Report

TEXAS INSTRS (TXN): Free Stock Analysis Report

VMWARE INC-A (VMW): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: AMD , MSI , TXN , VMW

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