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Stock Market & Financial Investment News

News Breaks
September 14, 2012
07:24 EDTBRK.A, INTCBerkshire Hathaway nets $60M on Intel stake sale, Bloomberg reports
Berkshire Hathaway (BRK.A) locked in a gain on its Intel (INTC) bet by selling its stake less than a year after making the investment, shunning the buy-and-hold strategy favored by Chairman Warren Buffett. Berkshire’s Geico unit accumulated 11.5M shares of Intel in the second half of 2011 for an average price of about $22 each. The firm sold the stake in the world’s largest semiconductor maker for an average price of $27.25 this year through May 8, netting about $60M in profit, reports Bloomberg. Reference Link
News For A;INTC From The Last 14 Days
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May 20, 2013
12:20 EDTAOptions with decreasing implied volatility: RFMD TTWO LO DDS A
08:10 EDTINTCIntel management to meet with Deutsche Bank
Meeting to be held in Stockholm on May 20 hosted by Deutsche Bank.
07:32 EDTINTCSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
07:32 EDTINTCSociety for Information Display / IHS to host a conference
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May 19, 2013
18:59 EDTINTCCisco looks the best out of tech comeback stocks, Barron's says
Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link
May 17, 2013
11:59 EDTAOptions with decreasing implied volatility: ILMN LO A HES INFY CSCO
May 16, 2013
13:40 EDTINTCIntel CFO Smith says staying with the company, CNBC reports
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11:33 EDTAOptions with decreasing implied volatility: PANL CSC FTK A NVDA
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05:59 EDTINTCHigh tech firms involved in immigration battle, WSJ reports
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May 15, 2013
11:42 EDTAHigh option volume stocks: WWAV VIPS SIAL AINV A
May 14, 2013
16:26 EDTAAgilent CEO sees 2H13 macroeconomic environment "challenging"
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16:12 EDTAAgilent raises stock repurchase program to $1B
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16:11 EDTAAgilent announces restructuring program, will reduce headcount by about 450
Agilent announced that it has initiated a targeted restructuring program that is expected to reduce Agilent's total headcount by approximately 450 regular employees, representing approximately 2% of its global workforce. The timing and scope of workforce reductions will vary based on local legal requirements. When completed, the restructuring program is expected to result in an approximately $50M reduction in annual operating expenses.
16:09 EDTAAgilent sees FY13 adjusted EPS $2.70-$2.85, consensus $2.88
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16:08 EDTAAgilent sees Q3 adjusted EPS 60c-64c, consensus 74c
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16:07 EDTAAgilent raises stock repurchase program to $1B
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16:07 EDTAAgilent reports Q2 adjusted EPS 77c, consensus 67c
Reports Q2 revenue $1.73B, consensus $1.74B.
15:30 EDTANotable companies reporting after market close
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May 13, 2013
15:21 EDTAAgilent May volatility elevated flat into Q2 and outlook
Agilent December May call option implied volatility is at 67, June is at 32, August is at 29; compared to its 26-week average of 28 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on May 14.
07:30 EDTINTCTechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.
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