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Stock Market & Financial Investment News

News Breaks
November 20, 2012
10:34 EDTINTCIntel falls to a new 52-week low, levels to watch
The shares slipped further into negative territory this morning, and marked a fresh 52-week low at $19.55 before bouncing slightly. Looking ahead, a big test of support would be at 2-year lows at $19.16. There is a range of support at that area from the summer of 2011 that is worth focusing on. Back then, a successful test of support at that area lead to a very strong rally, culminating in the peak reached in May of this year. If the shares test that area successfully again, it could presage a move higher over time. A breakdown below that support area though would have strongly bearish implications. On a break below $19.16, next support would be at $18.41, and then at $17.60, the 2010 low. Resistance is at $20.36, the 10-day moving average.
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June 21, 2015
16:32 EDTINTCAMD considers spinoff or break-up, Reuters says
AMD (AMD) has hired a consulting firm to help it review a potential split or spinoff, Reuters reported late Friday, citing three people familiar with the matter. Reuters notes that AMD may be seeking to better compete with Intel (INTC), and sources said one option being considered is to separate AMD's server business from its graphics and licensing arm. Though the company had previously decided against such an option, sources noted that CEO Lisa Su believes the move is worth reconsidering. Reference Link
June 19, 2015
06:26 EDTINTCIntel CEO confirms recent reports of layoffs, The Oregonian reports
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June 18, 2015
05:56 EDTINTCIntel to debut Skylake at Gamescon in early August, DigiTimes reports
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June 17, 2015
12:11 EDTINTCIntel acquires Recon, terms not disclosed
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