Spansion (code) Stock Gains After Reporting Quarterly Earnings

NEW YORK (TheStreet) -- Shares of Spansion were gaining 19.6% to $19.77 Friday after the company met analysts' estimates for earnings in the third quarter. The chipmaker reported earnings of 27 cents a share for the third quarter, in-line with the 27 cents a share analysts surveyed by Thomson Reuters expected.

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