Thursday, January 20, 2011

Early Market News: Dow Chemical (NYSE:DOW), AMD Inc. (NYSE:AMD), Yum! Brands Inc. (NYSE:YUM)

More breaking news stories could affect stocks when trading continues later. The following companies should see some movement: Dow Chemical (NYSE:DOW), AMD Inc. (NYSE:AMD), Yum! Brands Inc. (NYSE:YUM). Here is a more detailed look at the news that will affect each company when trading continues. Dow Chemical (NYSE:DOW) Dow Chemical (NYSE:DOW)'s CEO has decided to meet the U.S. President, Obama. Dow Chemical (NYSE:DOW)'s Chairman and Chief executive officer, Andrew Liveris, is one of the fourteen corporate business leaders meeting with Chinese President Hu Jintao and U.S. President Barack Obama. Greg Baldwin, a spokesman of Dow Chemical (NYSE:DOW) said in an statement that, “With his extensive experience with Asia, and with Dow’s strong presence and partnerships in China, Dow Chairman and CEO Andrew N. Liveris is pleased to help welcome President Hu Jintao to the United States, and to continue his work in bringing these two great nations together in discussion on how to further collaborate and utilize the power of the science and technology to the benefit of both economies.” AMD Inc. (NYSE:AMD) AMD Inc. (NYSE:AMD) has unveiled Fusion APUs for embedded devices. AMD Inc. (NYSE:AMD) is rolling out its G-Series APUs aimed at the highly competitive embedded market. The new APUs, which offer CPU and graphics on the same die, are similar to ones launched at CES for notebooks. Patrick Patla, the general manager of AMD Inc. (NYSE:AMD)’s server and embedded division said that, “AMD’s commitment is to ensure the game-changing technologies we develop for consumers and the enterprise are also available for the vast and growing embedded market." Yum! Brands Inc. (NYSE:YUM) Yum! Brands Inc. (NYSE:YUM) has been looking to sell two of its brands: Long John Silver’s and A&W. Louisville-based Yum! Brands Inc. (NYSE:YUM) has announced that it’s seeking to sell off Long John Silver’s, founded in Lexington, and A&W. In a statement, Yum! Brands Inc. (NYSE:YUM) said it’s focusing on its core brands of Taco Bell, Pizza Hut and KFC and its international expansion. David Novak, the chief executive officer of Yum! Brands Inc. (NYSE:YUM) said in an statement that, "We do not believe Long John Silver’s and A&W-All American Food restaurants fit into our long-term growth strategy." Expect more movement when trading continues for Dow Chemical (NYSE:DOW), AMD Inc. (NYSE:AMD) and Yum! Brands Inc. (NYSE:YUM).
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