5 Companies That Dropped The Ball This Week


AMD Posts Loss Despite Beating Expectations

AMD beat Wall Street's super-low expectations for its fiscal first quarter and gave guidance for the current quarter that also was above what analysts were expecting. Yet the chip maker's shares dove 6 percent in the wake of the announcement. AMD reported a $146 million loss in the first quarter, or 19 cents a share, compared with a loss of $590 million, or 80 cents a share, in last year's first quarter.