Advanced Micro Devices posts largest Bay Area loss

Advanced Micro Devices Inc. (AMD) fell more than 6.5 percent by the close of trading Tuesday, the largest drop seen among local stocks tracked by The Examiner, while salesforce.com (CRM) rose by 6.1 percent at the other extreme.

Other big movers on Tuesday included San Jose’s SunPower Corp. (SPWR) which fell more than 6.1 percent, and Pleasanton’s Safeway Inc. (SWY), which rose more than 3.8 percent.

The markets closed up overall, with the Dow Jones rising 0.4 percent, the Nasdaq more than 0.1 percent, and the S&P 500 more than 0.4 percent.

Local companies in the news included Ebay Inc., where CEO Meg Whitman reportedly exercised options and sold 640,000 shares, and Yahoo Inc. (YHOO), which signed a deal with Sony and BMG allowing users to upload music and video files by the record companies to Yahoo. 

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