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10/21/16 04:00:01 PM

Movers: ManpowerGroup Inc., Rockwell Automation Inc., Advanced Micro Devices, Inc.

ManpowerGroup Inc.(MAN) : Oct. 21--ManpowerGroup on Friday reported increased quarterly earnings and revenue despite what CEO Jonas Prising called "continued soft and uneven market conditions." The Milwaukee-based, global staffing firm took in $5.1 billion in revenue in the three months ended Sept. 30, up 2.3% from a year ago. Net earnings totaled $129.2 million, up 4.3% from the third quarter of 2015. Earnings per share jumped 16.1% -- from $1.61 to $1.87 -- as the number of shares outstanding dropped. Changes in foreign currency from a year ago shaved three cents off Manpower's earnings per share, the company said. Most of Manpower's revenue comes from operations abroad, with about a quarter from France alone. ___ (c)2016 the Milwaukee Journal Sentinel Visit the Milwaukee Journal Sentinel at Distributed by Tribune Content Agency, LLC.

Rockwell Automation Inc.(ROK) : MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK) is scheduled to report its fiscal 2016 fourth quarter results on Monday, November 7, before the market opens. The release will be posted on the Rockwell Automation website at A conference call to discuss the quarterly results will be held at 8:30 a.m. Eastern Time on November 7. This call will be audio webcast and accessible on the Rockwell Automation website. Presentation materials will also be available on the website prior to the call. Both the presentation materials and a replay of the call will be available on the Rockwell Automation website through December 7. Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wis., Rockwell Automation employs approximately 22,000 people serving customers in more than 80 countries. View source version on Rockwell Automation, Inc.Nancy Franz, 414-382-8511Investor Relations Source: Rockwell Automation, Inc.

Advanced Micro Devices, Inc.(AMD) : Advanced Micro Devices, Inc. (NASDAQ: AMD) reported better-than-anticipated Q3:16 results, driven by the strength of its gaming business, as well as the recent success of Polaris in the GPU market. Northland Capital's Tom Sepenzis reiterated an Outperform rating on the company, with a price target of $8.50. Products Drive 2017 Performance "While we expect a seasonal pause in December/March, AMD has a number of new, exiting products slated for early CY17, and we believe that it will continue to reward investors," Sepenzis mentioned. With the launch of Summit Ridge, slated for Q1:17, the analyst believes that the company would have an opportunity to once again deliver beat results, with the new product helping to offset a typically seasonally slow quarter. Related Link: Advanced Micro Devices' Q3 Earnings Preview: Mixed Voices From The Street In addition, Sepenzis believes that the Computer & Graphics business was well positioned to witness robust growth in CY17, on both the CPU and GPU fronts, and that AR/VR products would prove to be significant drivers of growth. Q3:16 Results For Q3, Advanced Micro Devices reported its revenue at $1.3 billion, with non-GAAP EPS of $0.03, ahead of the estimates and the consensus. Gross margins were, however, in line with expectations at 31 percent "The biggest changes during the quarter involved the balance sheet, with AMD raising $690 million in equity and $805 million in convertible debt which it has used to retire over $1 billion in combined debt and the ABL balance," the analyst noted. At last check, Advanced Micro Devices was down 4.89 percent at $6.62. Full ratings data available on Benzinga Pro.


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