New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 6, 2014
07:13 EDTINTC, AMDIntel, AMD still experiencing 'less than positive' trends, says Bernstein
Bernstein believes that PC sales were boosted by two potentially temporary positive catalysts, while Intel's (ITNC) notebook ASPs are deteriorating. Meanwhile, AMD's (AMD) Q1 results were less favorable than they appeared, according to the firm, which keeps Underperform ratings on both stocks.
News For INTC;AMD From The Last 14 Days
Check below for free stories on INTC;AMD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 22, 2014
12:53 EDTINTCApplied Materials drops following report of opposition to merger
Subscribe for More Information
05:59 EDTINTCStocks with implied volatility below IV index mean; INTC SHPG
Subscribe for More Information
July 21, 2014
12:41 EDTINTCIntel advances after analyst predicts mobile unit rebound coming
Shares of Intel (INTC) are advancing in a down market after Wells Fargo wrote that the company's mobile chip business could rebound significantly in coming quarters. WHAT'S NEW: Intel's mobile chip business could boost the company's growth and even enable it to beat earnings expectations, Wells Fargo wrote in a note to investors today. The chip maker's shipments of 4G modems should start rising significantly in the third quarter or fourth quarter of this year, the firm stated. The company has probably won some deals to provide LTE modems for smartphones and Samsung is likely one of the chip maker's initial customers, the firm wrote. Broadcom's (BRCM) decision to exit the baseband market probably improved Intel's position in the 4G market, Wells Fargo contended. Meanwhile, Intel said that by this year's holiday season, it should be ready to launch chips for mobile devices that are smaller than those of a key competitor, TSMC (TSM), Wells noted. Sales generated by Intel's mobile and communications unit may have bottomed last quarter or could do so during the current quarter, the firm believes. The unit's operating losses are likely to drop throughout this year, before falling sharply in the quarter ended March 2015, Wells estimated. The unit may approach break even by the end of 2015, the firm added. Wells kept an Outperform rating on the stock. WHAT'S NOTABLE: On July 15, Intel reported stronger than expected results for its quarter ended in June. PRICE ACTION: In early afternoon trading, Intel rose 43c, or 1.3%, to $34.13.
07:34 EDTINTCIntel mobile business could be source of growth, says Wells Fargo
Wells Fargo believes that Intel's Mobile & Communications segment could be an important growth and profit driver for the company starting next year. The firm thinks the company's manufacturing technology lead and efforts to establish a foundry business could boost its Mobile & Communications segment. It keeps an Outperform rating on the stock.
07:15 EDTINTCO'Reilly to hold a conference
Subscribe for More Information
06:14 EDTINTCStocks with implied volatility below IV index mean; INTC SHPG
Subscribe for More Information
July 18, 2014
16:47 EDTINTCMarket ends week higher as earnings, M&A offset geopolitical tensions
Subscribe for More Information
16:20 EDTAMDOn The Fly: Closing Wrap
Subscribe for More Information
12:42 EDTAMDOn The Fly: Midday Wrap
Stocks on Wall Street began the session in positive territory and have remained there throughout the morning. The averages moved in a narrow range for most of the opening hour of the session but spurted to higher levels during the second hour. Investors appear to be using yesterday’s sell-off as a buying opportunity, despite the ongoing events in Russia and Israel that largely contributed to yesterday’s action. ECONOMIC EVENTS: The first release of the University of Michigan consumer sentiment index for July fell to 81.3 after ending June with an 82.5 reading. The leading economic indicator index rose 0.3% to 102.2, which was a bit below the forecast for an increase of 0.5%. COMPANY NEWS: Class A shares of Google (GOOGL) advanced over 3% after the search giant reported quarterly revenue that beat expectations last night. Following its report, at least three Wall Street research firms raised their price targets on the stock, while noted tech analyst Collin Gillis of BGC Financial upgraded the stock to Buy from Hold... Dow component General Electric (GE) reported second quarter EPS of 39c, matching the consensus forecast, and revenue that just missed the consensus view of analysts. The company also reported that it is targeting the initial public offering of IPO of Synchrony Financial (SYF), its North American Retail Finance business, for July. In the IPO, Synchrony is offering 125M shares of its common stock, which will be listed on the New York Stock Exchange under the symbol “SYF,” and anticipates that the IPO price of the shares will be between $23.00 and $26.00 per share... Another Dow member, IBM (IBM), fell 0.4% after reporting adjusted Q2 earnings per share and revenue that beat expectations. Afterward, Cantor said it thinks the worst is over for the company and reiterated its Buy rating on the shares, though Societe Generale downgraded IBM to Sell from Hold and Credit Suisse said IBM continues to be driven by less revenue growth and kept its Underperform rating and $160 price target on Big Blue's stock. MAJOR MOVERS: Among the notable gainers was Skyworks (SWKS), which gained 14% after reporting third quarter results and fourth quarter guidance above analyst estimates and seeing no less than five analyst firms raise their price targets on its stock. Also higher was Gentiva Health (GTIV), which rose 14% after it announced that its board unanimously determined to reject the partial tender offer from Kindred Healthcare (KND) to acquire 14.9% of the outstanding shares of Gentiva for a price of $16.00 per share in cash and disclosed that it has received a $17.25 per share, all-cash takeover proposal from a "recognized owner, operator and investor in the sector." After the announcement, shares of Kindred fell 2%. Also lower following their earnings reports were RealPage (RP), which fell over 21%, and Advanced Micro Devices (AMD), which dropped nearly 18%. INDEXES: Near midday, the Dow was up 107.05, or 0.63%, to 17,083.86, the Nasdaq was up 57.98, or 1.33%, to 4,421.43, and the S&P 500 was up 17.04, or 0.87%, to 1,975.16.
12:36 EDTINTCPlug Power said to be on list of companies probed by SEC, Probes Reporter says
Subscribe for More Information
11:42 EDTINTC, AMDAMD plummets after profit miss, analyst downgrades
Subscribe for More Information
10:48 EDTAMDHigh option volume stocks
Subscribe for More Information
10:03 EDTAMDOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:29 EDTAMDAMD fundamentals still intact, says Wedbush
After AMD reported lower than expected Q2 pro forma EPS, Wedbush says that Q2 was the fourth consecutive quarter for which the company demonstrated profitability, tight OpEx controls, and continued product execution. It thinks these trends are significantly positive and keeps an Outperform rating on the shares.
09:24 EDTAMDOn The Fly: Pre-market Movers
Subscribe for More Information
09:11 EDTAMDAMD downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded AMD to Market Perform citing a lack of earnings visibility following the company's weaker than expected Q3 outlook. The firm lowered its price target for shares to $4.50 from $6. Note shares were also downgraded this morning at BofA/Merrill.
08:14 EDTAMDAMD downgraded at BofA/Merrill
Subscribe for More Information
06:52 EDTAMDAMD downgraded to Underperform from Neutral at BofA/Merrill
Subscribe for More Information
06:12 EDTAMDAMD downgraded to Market Perform from Outperform at FBR Capital
06:06 EDTINTCStocks with implied volatility below IV index mean; LULU INTC
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