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Tech Sector In News: AT&T (NYSE:T), International Business Machines (NYSE:IBM), Advanced Micro Devices (NYSE:AMD), VMware (NYSE:VMW)

October 9, 2014

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Tech Sector In News: AT&T (NYSE:T), International Business Machines (NYSE:IBM), Advanced Micro Devices (NYSE:AMD), VMware (NYSE:VMW)

by Nathan Webster
October 9, 2014
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AT&T Inc. (NYSE:T) (Read Report! How T Noticeable Reacts on News Jerk?) has decided to pay $105M to resolve accusations that it added hundreds of millions of dollars in bogus third-party charges to subscribers’ wireless bills. Share price of AT&T Inc. (NYSE:T) climbed 0.80% to closed at $35.15 with the traded volume of 25.15 million shares as compared to the average volume of 17.14 million in last session. The 20 analysts rate its stocks at “Hold,” 4 analysts rate it at “strong buy” and 5 rate it a “Buy,” according to a recent a pool of analysts rating.

International Business Machines Corp. (NYSE:IBM) (Watch Expert Views In Detail on IBM Here) announced details regarding new projects for its Watson cognitive computing software as it opened its New York headquarters. The firm has been developing business uses for Watson with clients since it released in January it was investing over $1B in the technology, comparing around $100M in startup companies working on Watson projects. As, International Business Machines Corp. (NYSE:IBM) has 0.64 beta factor with last traded share price of $189.36 with positive change of 1.97%. On analytic notes; diverse intension of analysts reflects as, 16 analysts rates its stocks at “Hold,” 2 analysts rate it at “strong buy” and 2 rate it a “Buy.”

Advanced Micro Devices, Inc. (NYSE:AMD) (In Eye of Expert, Trend Analysis after Current Fluctuation? Get Her Free Report) is shifting leaders as it persists a struggle to bolster its bottom line. The firm declared that Rory Read has stepped down following three years as president and CEO. Advanced Micro Devices, Inc. (NYSE:AMD) settled at the price of $3.28 as its highest price in last session was noted at $3.31. On analysts consideration, the mean recommendation of this week is 3.0, [(Strong Buy 1.0 – 5.0 (Sell)] as compare to last week mean recommendation of 3.0, which indicates zero volatility in recommendations.

VMware, Inc. (NYSE:VMW) (Get Free Highly Paid Dividend Stocks Reports) declared on Wednesday the general availability of VMware vCloud Director 5.6 the first release designed exclusively for VMware vCloud Air Network service providers. VMware, Inc. (NYSE:VMW) has its total traded volume during previous session was 1.12 million shares with share price change of 1.71% to settled at $92.98. While in a recent pool of rating, stocks rated “Hold” by 13 analysts, 10 analysts rate it at “strong buy” while 19 analyst rate its shares to a “Buy” security.

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Tags: Advanced Micro DevicesAMDAT&T IncIBMInternational Business Machines CorpNYSE:AMDNYSE:IBMNYSE:TNYSE:VMWTVMWVMware Inc
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Nathan Webster

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