Advanced Micro Devices, Inc. (AMD) News: Option Agreement, Cloud Gaming & New Record

Editor’s Note: Related tickers: Advanced Micro Devices, Inc. (NYSE:AMD)

AMD Announces Proposed Sale and Lease-back of AMD Singapore Facility to Sabana Shari’ah Compliant In (StockHouse)
AMD (NYSE: AMD) today announced that its Singapore subsidiary, Advanced Micro Devices, Inc. (NYSE:AMD), has entered into a conditional put-and-call option agreement to sell and lease-back its Singapore facility located at 508 Chai Chee Lane, Singapore 469032 to HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT).

Advanced Micro Devices, Inc. (NYSE:AMD)

AMD Showcases Radeon Sky Cloud Gaming in Action at Gamescon. (xBitLabs)
Advanced Micro Devices, Inc. (NYSE:AMD) said on Thursday that it again teamed up with CiiNow company to showcase the cloud gaming technologies at Gamescon trade-show in Germany this weekend. Earlier this year gamers could enjoy Deus Ex Human Revolution on a low-cost/low-power notebook and Far Cry 3 on a tablet thanks to AMD Radeon Sky 700 as well as CiiNow Cumulus game streaming technology. At Gamescom 2013, AMD will showcase AMD Radeon Sky graphics powering games streamed by CiiNow, including the latest game titles.

Price Alert for Advanced Micro Devices (AMD) (Avafin)
Advanced Micro Devices, Inc. (NYSE:AMD) options set a new 90-day record for the number of call contracts that exchanged hands between the buyers and the sellers. Aggregate volume of puts was 3,372 and calls was 15,243 equating to a 0.22 put/call ratio. Options can be used as predictors of stock behavior. Investors can use put/call ratios as technical indicators to read for signs of institutional sentiment. The put/call ratios offer insight to investors and can be used as either a direct or contrarian indicator for trading decisions.

Sabana Reit to buy Chai Chee Lane property for S$68.2m (BusinessTimes)
Sabana Real Estate Management announced on Friday that Sabana Reit plans to buy a property at 508 Chai Chee Lane from Advanced Micro Devices, Inc. (NYSE:AMD) for S$68.2 million. The price comprises S$59.5 million for the property; S$7.7 million upfront land premium payable to JTC for the balance of the first term (about 17.5 years) on JTC’s approval and other costs.

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