2013-10-02

Youku Tudou Inc (ADR) (NYSE:YOKU) stock gained 1.61% to $29.12. Tudou.com (a subsidiary of Youku Tudou Inc.) on Sept. 25 has become China’s go-to web destination for South Korean variety shows, which top the must-view lists of many young and social media-savvy Chinese viewers. With titles from the best-known Korean television stations SBS, KBS, and MBC, the quality of Tudou’s collection has attracted almost 100 million total views.

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US Airways Group, Inc.(NYSE:LCC) shares jumped 1.27% to $19.94. The Justice Department’s fight with American Airlines and US Airways over whether the two carriers can merge received a blow as a judge rejected a request from the government for a delay in the case. Judge Colleen Kollar-Kotelly turned down the request in a brief order issued on Oct. 1. The delay had been requested because of the government shutdown.

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Additionally, American Airlines and US Airways (LCC) Group Inc. on Sept. 24 agreed to extend the deadline for completing their $14 billion merger until at least Jan. 18 as the carriers fight a U.S. antitrust lawsuit to block the combination. The boards of American parent AMR Corp. and US Airways approved moving the deadline from the original Dec. 17 date, according to a regulatory filing today. If there is a favorable order from the court on or before Jan. 17, the companies have an additional 15 days to finish the deal.

Advanced Micro Devices, Inc. (NYSE:AMD) shares gained 1.04% to $3.89. The company announced that it will webcast its quarterly earnings conference call on Thursday, October 17, 2013 at 5:30 p.m. EDT / 2:30 p.m. PDT to discuss the results of its fiscal third quarter ending September 28, 2013.

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Moreover, Raptr and AMD on Sept. 25 unveiled the AMD Gaming Evolved App Powered by Raptr, which was designed to make PC gaming as simple to use as consoles. The App will enable AMD users to get the most out of their gaming experience by suggesting customized optimal game settings for their rigs, earn real rewards just for playing games, and have instant access to in-game tools such as broadcasting live video via Twitch, taking screenshots, web browsing, and chat.

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