Advanced Micro Devices
as its second supplier of microprocessor chips and said it will start shipping PCs with AMD microprocessors as early as the second quarter.
will continue to represent the majority of the company's microprocessor purchases, Gateway said.
In other postclose news (earnings estimates from
; earnings reported on a diluted basis unless otherwise specified):
Earnings/revenue reports and previews
warned it sees a fourth-quarter loss of 15 cents a share because of low tour flow to its South Bend sales office and high marketing costs. The single-analyst outlook called for break-even results.
Offerings and stock actions
said it will buyback up to $100 million of its stock over the next three years.
made a second request for information about its pending $1 billion acquisition of
, a unit of
Prudential Insurance Co. of America
In an interview with
, the new chairman and chief executive of
Electronic Data Systems
said he expects future restructuring to speed up decision making at the world's second largest computer services provider. "If there's an area I'm preoccupied with, almost as a fetish," Richard Brown told the news service, "it's moving faster. People need to move faster, decisions have to go faster, responses have to be faster."