New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 30, 2009
06:29 EDTINTC, AMD, AKAMAkamai launches internal investigation related to Galleon case, WSJ reports
Akamai Technologies (AKAM) is investigating allegations that a company executive gave insider information to people involved in the Galleon Group case, reports the Wall Street Journal. Reference Link
News For AKAM;AMD;INTC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
January 26, 2015
11:02 EDTAMDRumor: AMD rises amid takeover speculation
Subscribe for More Information
10:28 EDTINTCIntel trades down, testing lows of the recent range
Subscribe for More Information
08:54 EDTINTCIntel management to meet with Deutsche Bank
Subscribe for More Information
January 23, 2015
06:04 EDTINTCIntel may look to form stylus alliance, DigiTimes reports
Intel has recently invited several touch sensor IC designers to form an alliance in order to establish a specification standard for stylus, reports DigiTimes. According to sources from IC designers, the alliance's first product is expected to launch in Q3 and will be to make the input device usable across different mobile devices. Reference Link
05:58 EDTAMDAMD faces declining graphics card market share, DigiTimes reports
Subscribe for More Information
January 21, 2015
08:17 EDTAMDAMD likely to start burning cash, says Bernstein
Subscribe for More Information
07:15 EDTINTCAny Intel server weakness likely a hiccup, says RBC Capital
After JMP Securities yesterday downgraded Intel (INTC) based partly on information from a source who said that server component sales have been weak in 2015, RBC Capital says any weakness is probably due to a three month delay caused by a technical problem and is not demand driven. RBC Capital expects the technical problem to be resolved within three months but keeps a $40 price target and Sector Perform rating on Intel.
January 20, 2015
18:30 EDTAMDOn The Fly: After Hours Movers
Subscribe for More Information
17:55 EDTAMDAMD says inventory expected to be flat y/y in 2015
Says high levels of desktops in inventory channels, but correcting quickly. Says plans to increase R&D in enterprise segment. Says expects to diversify revenue base. Says has "more work to do" to improve revenue. Comments from company's Q4 earnings conference call.
16:33 EDTAMDAMD CEO says addressing channel headwinds in Computing and Graphics segment
"We made progress diversifying our business, ramping design wins and improving our balance sheet this past year despite challenges in our PC business," said Dr. Lisa Su, AMD president and CEO. "Annual Enterprise, Embedded and Semi-Custom segment revenue increased over 50% as customer demand for products powered by our high-performance compute and rich visualization solutions was strong. We continue to address channel headwinds in the Computing and Graphics segment and are taking steps to return it to a healthy trajectory beginning in the second quarter of 2015."
16:19 EDTAMDAMD reports Q4 Computing and Graphics segment revenue down 15% sequentially
Subscribe for More Information
16:16 EDTAMDAMD sees Q1 revenue down 15%, plus or minus 3%, consensus $1.2B
Subscribe for More Information
16:16 EDTAMDAMD reports Q4 gross margin 29%, non-GAAP gross margin 34%
Subscribe for More Information
16:15 EDTAMDAMD reports Q4 adjusted EPS 0c, consensus 1c
Subscribe for More Information
15:21 EDTAMDNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include IBM (IBM), consensus $5.41; Netflix (NFLX), consensus 45c; CA Technologies (CA), consensus 60c; Cree (CREE), consensus 22c; Woodward (WWD), consensus 46c; Fulton Financial (FULT), consensus 21c; Advanced Micro Devices (AMD), consensus 1c; Interactive Brokers (IBKR), consensus 6c; Pinnacle Financial (PNFP), consensus 53c.
11:15 EDTINTCIntel slips after JMP cuts to sell, Canaccord says upgrade not yet warranted
Following Intel's (INTC) fourth quarter results last week, two research firms issued cautious notes on the stock today. JMP Securities downgraded the stock to Underperform, which is the firm's "Sell" equivalent rating, while Canaccord kept a Hold rating on the shares, though the latter firm said its outlook on the company's fundamentals is continuing to become more positive and raised its price target on the name. WHAT'S NEW: Intel's Q4 results were "mixed," but the company's fundamentals appear to have improved, Canaccord analyst Matt Ramsay wrote in a note to investors today. The company's data center group and Internet of Things group should generate sustained 15%+ and 20%+ growth, respectively, over the next several years, the analyst stated. Meanwhile, Intel's PC client group should be able to cut costs further, Ramsay believes. The analyst said he had "intended to upgrade the stock" after the results, given his long-term upbeat view of the company, but was unable to do so. Ramsay explained that he changed his mind because he does not think the company's profits will increase at all this year, while the stock largely already reflects his expectations for solid profit growth in 2016. The analyst increased his price target on the shares to $40 from $36 but kept a Hold rating on the stock. More bearish was JMP Securities analyst Alex Gauna. Gauna downgraded the stock to Underperform from Market Perform and set a $30 price target on Intel. After speaking with a source who sells server components, the analyst reported that the source's business has been weak this month. Weak server component sales are likely to pull down Intel's stock, given its relatively high valuation, the analyst stated. Meanwhile, Intel's gross margins have probably peaked, Gauna believes. PRICE ACTION: In morning trading, Intel fell 1.7% to $35.82.
08:07 EDTINTCIntel downgraded at JMP Securities
As noted earlier, JMP Securities downgraded Intel to Underperform from Market Perform. The firm reports that industry sources said there has been a sharp downturn in server activity going into 2015.
07:59 EDTINTCIntel upgrade not warranted due to lack of EPS growth, says Canaccord
Canaccord said it intended to upgrade Intel following its mixed Q4 results, but with estimates for essentially no earnings growth in 2015, the firm could not justify it. As a result, Canaccord raised its price target to $40 from $35 on Intel shares and maintained its Hold rating, but noted it stands ready to upgrade the stock on a pullback.
06:12 EDTINTCIntel downgraded to Underperform from Market Perform at JMP Securities
05:49 EDTAMDStocks with implied volatility movement; RSH AMD
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use