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Why Need to Watch: Advanced Micro Devices, Inc. (NYSE:AMD), Veeco Instruments Inc. (NASDAQ:VECO), Ericsson (NASDAQ:ERIC), Genesis Energy LP (NYSE:GEL), Bottomline Technologies (NASDAQ:EPAY)

Why Need to Watch: Advanced Micro Devices, Inc. (NYSE:AMD), Veeco Instruments Inc. (NASDAQ:VECO), Ericsson (NASDAQ:ERIC), Genesis Energy LP (NYSE:GEL), Bottomline Technologies (NASDAQ:EPAY)
Written by
Charles Donlon
Published on
October 21, 2014
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Advanced Micro Devices, Inc. (NYSE:AMD) says it will cut 7 percent of its global workforce in an effort to improve its profitability. The Sunnyvale, California-based chipmaker has been dealing with weaker revenue and profits for some time and posted third-quarter results Thursday that missed market expectations. Advanced Micro Devices, Inc. (NYSE:AMD) in last trading activity fell -1.84% to close at $2.67. Company weekly performance is -2.55% while its quarterly performance stands at -29.74%. Advanced Micro Devices, Inc. (NYSE:AMD) is -44.38% away from its 52 week high. Veeco Instruments Inc. (Nasdaq:VECO) plans to release third quarter 2014 financial results after the market closes on Wednesday, October 29, 2014 and to hold a conference call to review these results at 5:00pm ET that day. On last trading day Veeco Instruments Inc. (NASDAQ:VECO) increased 1.95% to close at $32.86. Its volatility for the week is 4.56% while volatility for the month is 4.14%. VECO's sales growth for past 5 years was 1.00% and its EPS growth for past 5 years was 7.50%. Veeco Instruments Inc. (NASDAQ:VECO) monthly performance is -5.52%. Facebook and Ericsson (NASDAQ:ERIC) claim to have developed a methodology that will improve app performance by as much as 70%.The companies have cooperated under the internet.org partnership between Facebook and six other firms aimed at driving internet connectivity in emerging markets. It has the stated goal of providing internet access to the 2/3 of world’s population. On last trading day Ericsson (NASDAQ:ERIC) moved down -0.26% to close at $11.49. Its volatility for the week is 1.69% while volatility for the month is 1.46%. ERIC's sales growth for past 5 years was 1.70% and its EPS growth for past 5 years was 1.20%. Ericsson (NASDAQ:ERIC) monthly performance is -12.22%. Genesis Energy, L.P. (NYSE:GEL) will announce its earnings for the third quarter ended September 30, 2014, before the market opens on Thursday, October 30, 2014. Genesis Energy LP (NYSE:GEL) has 2.70% insider ownership while its institutional ownership stands at 61.60%. In last trading activity company's stock closed at $48.97. Zacks upgraded shares of Bottomline Technologies (NASDAQ:EPAY) from an underperform rating to a neutral rating in a research note released on October 14. They currently have $26.90 target price on the stock. On Monday shares of Bottomline Technologies (NASDAQ:EPAY) closed at $28.05. Company's sales growth for last 5 years was 16.80% and EPS growth for next 5 years is recorded as 20.00%.

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