Arik Hesseldahl

Recent Posts by Arik Hesseldahl

AMD Shares Up on Real Estate Sale-Leaseback

Shares of chipmaker Advanced Micro Devices are rising by more than 4 percent today on word that the company expects to make between $150 million and $200 million on a sale-leaseback deal pending on its 58-acre campus in Austin, Texas. The move had been rumored earlier this month, and will alleviate a worsening shortage of cash.

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”