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Friday 2 October 2015
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Latest Update

Investor’s Watch List - U.S. Bancorp (NYSE:USB), Advanced Micro Devices, Inc. (NASDAQ:AMD), Oi SA (ADR) (NYSE:OIBR)

On Monday, U.S. Bancorp (NYSE:USB)’s shares inclined 0.85% to $41.52.

The Board of Directors of U.S. Bancorp (USB) has declared a quarterly dividend of $0.255 per common share payable October 15, 2015 to shareholders of record at the close of business on September 30, 2015. At this quarterly dividend rate, the annual dividend is equivalent to $1.02 per common share.

The Board of Directors also declared the following:

  • A regular quarterly dividend of $894.444 per share (equivalent to $8.94444 per depositary share) on U.S. Bancorp’s Series A Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.
  • A regular quarterly dividend of $223.61 per share (equivalent to $0.22361 per depositary share) on U.S. Bancorp’s Series B Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.
  • A regular quarterly dividend of $406.25 per share (equivalent to $0.40625 per depositary share) on U.S. Bancorp’s Series F Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which comprise checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products.

Advanced Micro Devices, Inc.(NASDAQ:AMD)’s shares dropped -3.21% to $1.81.

AMD (AMD) declared a new agreement with Mentor Graphics Corporation (NASDAQ: MENT) to now provide customers access to Mentor Embedded Sourcery™ CodeBench Lite for AMD Embedded ARM® solutions alongside AMD x86 Embedded solutions. The agreement strengthens AMD’s technology partnership with Mentor Graphics, a leading maker of embedded software and open source tools, and creates a comprising development ecosystem across processor architectures.

In 2014, AMD and Mentor Graphics agreed to create an embedded software ecosystem for developers. The Mentor Embedded Sourcery CodeBench product goes beyond just the compiler to provide developers with powerful open source, embedded C/C++ development tools to build, debug, analyze and optimize embedded software. These tools enable developers to build software in complex heterogeneous architectures based on forthcoming AMD 64-bit ARM processors counting the forthcoming AMD system-on-chip (SOC), in addition to x86 processors counting the AMD Embedded G-Series SOC and the 2nd Generation AMD Embedded R-Series APU.

Advanced Micro Devices, Inc. is a global semiconductor company with facilities across the world. The Company offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors, dense servers, semi-custom System-on-Chip (SoC) products and technology for game consoles.

At the end of Monday’s trade, Oi SA (ADR) (NYSE:OIBR)‘s shares dipped -9.45% to $0.85.

Oi S.A. , (OIBR) informs there is no talk about in progress about the restructuring of its debt and that it has not hired any banks to assist it in this subject.

NM Rothschild & Sons (Brasil) Ltda. has been hired to carry out an assessment work for the optimization of the use of the resources derived from the sale of PT Portugal SGPS S.A., with the purpose of extending the maturities and improving the Company’s debt profile.

Oi S.A. provides integrated telecommunication services for residential customers and governmental agencies, in addition to small, medium, and large companies in Brazil. It offers fixed-line voice services, such as installation, monthly subscription, metered services, collect calls, and supplemental local services; domestic and international long-distance services; broadband Internet access services; subscription television services; and bundled services, in addition to owns and operates public telephones.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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