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Stock Market & Financial Investment News

News For INTC;ALTR;TSM;XLNX From The Last 14 Days
Check below for free stories on INTC;ALTR;TSM;XLNX the last two weeks.
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April 9, 2014
07:00 EDTINTCBofA, Intel fire 3K workers, leaving Costa Rica shocked, Bloomberg says
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06:20 EDTINTCIntel plans 1,500 job cuts in Cosa Rica, WSJ reports
Intel is planning to lay off about 1,500 employees in Costa Rica, the Wall Street Journal reports. The company will move longtime assembly and test operations in the country to three locations in Asia. The latest job cuts reduce Intel's workforce by about 1.4%. Reference Link
April 8, 2014
08:08 EDTINTCCost to Apple, Google, Intel, of 'no-poaching' deal may be high, DealBook says
Some of the of the biggest names in tech, including Apple (AAPL), Google (GOOG), Intel (INTC)and Adobe (ADBE), are at the center of a class-action suit that seeks $9B as compensation for employees who contend the tech giants colluded to prevent their employees from being hired at rivals, reported The New York Times' DealBook. Reference Link
April 7, 2014
10:00 EDTINTCOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
06:20 EDTTSMReport: TSMC Solar to triple CIGS-thin PV module capacity, DigiTimes says
TSMC Solar will expand its annual production capacity to 120MWp from 40MWp in Q3, reports DigiTimes. Citing a Chinese-language Economic Daily News report, TSMS is currently at full capacity. Reference Link
05:55 EDTINTCIntel upgraded to Outperform from Sector Perform at Pacific Crest
Pacific Crest upgraded its rating on Intel (INTC) shares to Outperform with a $31 price target citing improving corporate PC demand and expectations the company's Grantley server platform will drive spending at traditional IT customers in 2015. Shares of Intel closed Friday down 25c to $26.16.
April 4, 2014
16:00 EDTINTCOptions Update; April 4, 2014
iPath S&P 500 VIX Short-Term Futures up 89c to 41.88. Option volume leaders: AAPL C P NFLX LNG BAC INTC TSLA TWTR according to Track Data.
April 3, 2014
16:16 EDTTSM, INTCGlobalfoundries in lead to buy IBM chip plants, TSMC out of talks, WSJ says
IBM (IBM) has held talks with Globalfoundries, Intel (INTC) and Taiwan Semiconductor (TSM) regarding its semiconductor manufacturing operations, and Globalfoundries appears to be in the lead as the most likely potential buyer, according to The Wall Street Journal, citing people familiar with the matter. IBM initially asked for more than $2B and bids have come in "north of $1B," the report noted, adding that Intel is still involved, but TSMC has dropped out of the talks. Reference Link
16:00 EDTINTCOptions Update; April 3, 2014
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15:49 EDTINTC, TSMGlobalfoundries in lead to buy IBM chip plants, TSMC out of talks, DJ says
IBM (IBM) also held talks with Intel (INTC), according to Dow Jones, citing sources.
10:01 EDTINTCIntel climbs following upbeat note from analyst
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10:00 EDTXLNX, ALTROn The Fly: Analyst Initiation Summary
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10:00 EDTINTCOn The Fly: Analyst Upgrade Summary
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07:27 EDTALTRAltera initiated with an Outperform at FBR Capital
Target $45.
07:27 EDTXLNXXilinx initiated with an Outperform at FBR Capital
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06:30 EDTTSMTSMC capacity booked to end of Q3, DigiTimes reports
TSMC's production capacity has been booked through the end of Q3, reports DigiTimes. According to industry sources, the booked capacity is due to orders from the handset solution and PC chip vendors. Reference Link
April 2, 2014
16:09 EDTINTCIntel upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray upgraded Intel to Overweight from Neutral after assuming coverage of the stock and raised its price target for shares to $30 from $23. Piper expects the PC market stabilization to continue in 2014 and believes Intel is positioned longer term to benefit from data center market growth.
16:05 EDTXLNXXilinx assumed with a Neutral at Piper Jaffray
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16:05 EDTALTRAltera assumed with an Overweight at Piper Jaffray
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06:08 EDTINTCIntel setting up $100M fund for China, WSJ reports
Intel's venture capital arm will establish a $100M fund to help accelerate the creation of new devices that use its chips, the Wall Street Journal reports, citing comments made at an event for developers. The company is also setting up an innovation center in Shenzhen, China. Reference Link
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