(EMAILWIRE.COM, July 29, 2010 ) New York, NY -Tellabs, Inc. (NASDAQ:TLAB) soared 1.23% to $7.42 on over 10.68 shares. Tellabs, Inc. is engaged in designing and marketing equipment and services to communications services providers worldwide. The Company’s products and services enable its customers to deliver wireline and wireless voice, data and video services to business and residential customers.

Earlier this week, the company said its second-quarter net profit rose to $64 million from $16 million a year earlier. It also forecast revenue in the third quarter in a range of $425 million to $435 million. Wall Street had forecast second-quarter revenue of $422 million, and third-quarter revenue of $416 million.

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NVIDIA Corporation (NASDAQ:NVDA) decreased 3.15% to $10.13 with over 33.02 million shares. The stock today opened at $10.29 and is trading within the range of $10.10-$10.47.

NVIDIA Corporation is a provider of visual computing technologies and the inventor of the graphics processing unit (GPU). The Company’s products are designed to generate graphics on workstations, personal computers, game consoles and mobile devices.

Advanced Micro Devices, Inc. (NYSE:AMD) lost 2.80% to $7.98 on a volume of 30.82 million shares. Advanced Micro Devices, Inc. is a global semiconductor company. The Company designs and sells microprocessors, chipsets and graphics processors. It offers x86 microprocessors, for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and notebook personal computers (PCs), professional workstations and servers.

International Business Machines Corp. (NYSE:IBM) slid 0.16% to $128.43. International Business Machines Corporation is an information technology (IT) company. The Company operates under five segments: Global Technology Services segment (GTS); Global Business Services segment (GBS); Software segment; System and Technology segment, and Global Financing segment.

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