Active Broker’s Choice in Focus: Advanced Micro Devices (NASDAQ:AMD), The Bank of Nova Scotia (NYSE:BNS)

Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with remains unchanged to $10.34. Advanced Micro Devices, Inc. (AMD) was selected 2016 UBM Tech ACE Award Company of the Year by EE Times and EDN. The awards admiration people and companies behind the technologies and products that are changing the world of electronics. The winners were declared at an awards ceremony on Wednesday, Dec. 7, at the San Jose Convention Center in conjunction with Embedded Systems Conference (ESC) Silicon Valley.

AMD President and CEO Dr. Lisa Su stated that this has been an exciting year for AMD as they execute on their strongest product roadmap in more than a decade and he is honored that AMD was selected as Company of the Year. “This award is a testament to the tireless efforts of their employees globally who are driven by a shared passion to build great products that change the world.

“The ACE Awards celebrate the highest achievements in innovation and creativity in electronics design, and the three finalists selected this year are all very accomplished, which made selecting the winner a challenge,” said Nina Brown, VP Events, UBM Americas. “We ultimately selected AMD because the company has shown relentless focus and determination to build IP and products that are market-moving.” The share price of AMD attracts active investors, as stock price of week volatility recorded 6.55%. The stock is going forward to its 52-week low with 490.86% and lagging behind from its 52-week high price with -3.00%.

The Bank of Nova Scotia (NYSE:BNS) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.97% to close at $58.32 with the total traded volume of 717752 shares. Scotiabank (NYSE:BNS) declared that it intends to exercise its right to redeem all outstanding Non-cumulative Preferred Shares Series 16 of Scotiabank on January 27, 2017, at a price equal to $25.00 per share, together with all declared and unpaid dividends. Formal notice will be issued to shareholders in accordance with the share conditions.

The redemption has been authorized by the Office of the Superintendent of Financial Institutions and will be financed out of the general funds of Scotiabank. On November 29, 2016, the Board of Directors of Scotiabank declared a quarterly dividend of $0.328125 per Series 16 Share. This will be the final dividend on the Series 16 Shares and will be paid in the usual manner on January 27, 2017, to shareholders of record at the close of business on January 3, 2017, as previously declared. After January 27, 2017, the Series 16 Shares will cease to be entitled to dividends. The firm has institutional ownership of 65.50%. Its price to sales ratio ended at 4.14. BNS attains analyst recommendation of 2.00 with week performance of 4.12%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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