AMD shocker

Advanced Micro De vices forced out its CEO Dirk Meyer in a surprise twist of fate for a technol ogist who inherited the chipmaker when it was in tatters and won fans on Wall Street for steering it through a wrenching turnaround.

Galleon case

The SEC sued four people yesterday associ ated with the Galleon in sider-trading case includ ing, Robert Feinblatt, co- founder of a Trivium Capital Management that once had just under $1 billion in assets.

Groupon plan

Groupon Inc. said it completed a $950 million round of financing and plans to use the funds to expand its daily coupon Web site and buy back shares from existing shareholders.

$weet deal

Crumbs Bake Shop will attempt to go public through a $66 million merger with investment company, the 57th Street General Acquisition Cor poration.

Crude worry

Crude futures jumped $1.22 a barrel to $89.25, following the temporary closure of the Trans- Alaska Pipeline, igniting worries about supply constraints.