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Stock Market & Financial Investment News

News Breaks
April 3, 2014
10:01 EDTINTCIntel climbs following upbeat note from analyst
Shares of Intel (INTC) are rising after Piper Jaffray started coverage of the stock with an Overweight rating in a note to investors. WHAT'S NEW: Piper Jaffray upgraded Intel to Overweight from Neutral after analyst Ruben Roy assumed coverage of the stock. Sales of PCs should continue to be stable in 2014, continuing a trend that began in the latter part of 2013, Roy forecast. This year, the company is planning to sacrifice revenue in order to increase its market share in the tablet space, but over the longer term Intel's market share gains in the tablet market should boost its revenue, according to Roy. Additionally, sales of the company's data center products should rise throughout 2014, the analyst wrote. Roy set a $30 price target on the shares, while the firm previously had a $23 price target. PRICE ACTION: In early trading, Intel rose 40c, or 1.5%, to $26.28.
News For INTC From The Last 14 Days
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August 31, 2014
13:27 EDTINTCAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 29, 2014
18:24 EDTINTCIntel hires senior Qualcomm executive to bolster mobile business, Reuters says
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August 27, 2014
07:23 EDTINTCIntel plans high-end 'smart bracelet,' Business Insider says
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August 26, 2014
07:20 EDTINTCTablets seen declining, notebooks growing in 2014, DigiTimes says
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06:26 EDTINTCIntel looking to ship 25M tablet processors in 2H, DigiTimes reports
Intel is looking to ship 25M units of its tablet processors in 2H in a move to ship 40M units this year, sources from the upstream supply chain tell DigiTimes. The company shipped under 15M tablet processors in 1H. Reference Link
August 25, 2014
06:30 EDTINTCIntel, Chunghwa Telecom sign cooperation MOU for IoT, DigiTimes reports
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August 24, 2014
21:56 EDTINTCB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
August 20, 2014
13:05 EDTINTCIntel and Unity collaborate to extend Android support across Intel-based devices
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