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Stock Market & Financial Investment News

News Breaks
July 16, 2014
11:29 EDTINTC, AMD, QCOM, TXN, BRCMIntel hits 52-week high after results beat estimates
Shares of semiconductor giant Intel (INTC) are rising after the company's second quarter results beat analysts' consensus estimates. WHAT'S NEW: Last night, Intel reported Q2 earnings per share of 55c and revenue of $13.8B, beating analysts' consensus estimates of 52c and $13.69B, respectively. Q2 gross margin was 64.5%. WHAT'S NOTABLE: For Q3, revenue was forecast at $14.4B, plus or minus $500M, versus consensus of $14.02B. Gross margin was expected at 66%, plus or minus a couple of percentage points. FY14 revenue growth was forecast at approximately 5% and Intel sees its FY14 gross margin percentage to come in at 63%, plus or minus a few percentage points. The company also announced a $20B increase to its share repurchase plan. ANALYST REACTION: This morning, analyst commentary was mostly positive. Six separate firms - Piper Jaffray, Credit Suisse, Deutsche Bank, Stifel, Jefferies, and Drexel Hamilton - all raised their respective price targets on Intel. Two other firms, UBS and B. Riley, both upgraded the stock to Buy from Neutral. A dissenting opinion came from RBC Capital, which thinks the company will be burdened by start-up costs in Q4 and the first quarter of the next fiscal year. The firm thinks there is a risk that the Intel's gross margins will drop and it kept a Sector Perform rating on the shares. PRICE ACTION: In late morning trading, Intel rose $2.09, or about 6.6%, to $33.80 on nearly twice its average daily trading volume. Earlier in the session, the stock hit a new 52-week high of $33.95. Including today's advance, the stock is up nearly 40% over the past 12 months. OTHERS TO WATCH: Other companies in the semiconductor space include Advanced Micro Devices (AMD), up 2%, Qualcomm (QCOM), up 0.4%, Texas Instruments (TXN), up 0.6%, and Broadcom (BRCM), up 1%.
News For INTC;AMD;QCOM;TXN;BRCM From The Last 14 Days
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September 9, 2014
06:00 EDTAMDStocks with implied volatility top IV index mean; AMD YHOO
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September 8, 2014
13:18 EDTINTCIntel 'Grantley' line could drive server processor unit growth, says Wells Fargo
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13:15 EDTINTCIntel introduces Xeon processors for servers
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10:04 EDTQCOMAlcatel-Lucent sees commercial release of Enterprise Small Cells in early 2015
Alcatel-Lucent (ALU) has announced that it will introduce its new Enterprise Small Cell device at the beginning of 2015. In collaboration with Qualcomm Technologies, a subsidiary of Qualcomm (QCOM), Alcatel-Lucent is developing a small cell solution that will allow operators to extend superior 3G, 4G LTE and Wi-Fi connectivity and coverage into the office for in-building customers. The rapid development of the solution has led the company to extend its plans to include LTE and multi-standard residential cells, Alcatel said.
07:34 EDTQCOMU.S. claims China breaks commitments amid Qualcomm, Microsoft probes, WSJ says
As Microsoft (MSFT) and Qualcomm (QCOM) are being investigated for potential monopolistic activity by Chinese regulators and lawmakers there recently alleged price manipulation by foreign automakers including Toyota (TM), Honda (HMC) and Daimler (DDAIF), the U.S. Chamber of Commerce alleged that China's use of its antimonopoly law has been subjective and its implementation skewed to favor China's local companies, reported The Wall Street Journal. Reference Link
06:04 EDTAMDStocks with implied volatility top IV index mean; AMD YHOO
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September 5, 2014
16:12 EDTINTCFossil, Intel announce collaboration to develop innovation in wearable tech
Fossil Group (FOSL) and Intel Corporation (INTC) announced that they will be collaborating to further develop wearable technology for the fashion industry. Fossil Group will partner with Intel to identify, support and develop emerging trends in the wearable technology space. The companies will work together on emerging products and technologies that will be developed for the fashion-oriented consumer. In addition, Fossil Group will work closely with Intel Capital, Intelís global investment organization, to identify and evaluate co-investments in emerging technologies to accelerate industry innovation and stay at the forefront of the wearable consumer trend.
11:39 EDTINTCIntel launches Core M processor, available Holiday 2014
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11:32 EDTINTCApple, Google, Adobe appeal court's rejection of hiring settlement, Reuters says
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08:22 EDTINTC, QCOMNVIDIA lawsuits likely to have positive outcome, says JMP Securities
After NVIDIA (NVDA) filed lawsuits against Qualcomm (QCOM) and Samsung, JMP Securities thinks there is a good chance that NVIDIA will obtain a favorable ruling or settlement that is equal or greater to the $1.5B deal it cut with Intel (INTC),. The firm thinks that other companies, most notably Apple (AAPL), will launch talks with NVIDIA in the wake of the lawsuit. JMP Securities recommends buying NVIDIA ahead of upcoming Apple product refreshes and what it sees as accelerating growth trends for NVIDIA. The firm is upbeat about NVIDIA's new products and reiterates an Outperform rating.
07:54 EDTBRCMBroadcom price target raised to $50, shares attractive, says BofA/Merrill
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07:31 EDTQCOMNVIDIA lawsuit positive, says Stifel
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06:01 EDTAMDStocks with implied volatility top IV index mean; AMD YHOO
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September 4, 2014
16:13 EDTQCOMNVIDIA files patent infringement complaint against Qualcomm, Samsung
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09:06 EDTINTCHP, Intel, Dell announce creation of Redfish industry standard
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07:31 EDTINTCIntel management to meet with Deutsche Bank
Meeting to be held in Frankfurt on September 4 hosted by Deutsche Bank
06:40 EDTINTCApple, others restart discussions with tech staff in hiring suit, Reuters says
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September 3, 2014
08:34 EDTINTCIntel volatility increases as shares near 10-year high
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07:44 EDTINTCIntel management to meet with Deutsche Bank
Meetings to be held in Amsterdam/Milan on September 3 hosted by Deutsche Bank.
05:55 EDTAMDStocks with implied volatility above IV index mean; AMD YHOO
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