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Fly News Breaks for March 13, 2015
INTC
Mar 13, 2015 | 07:57 EDT
After Intel issued a negative preannouncement based on unfavorable currency and weak business PC demand, Bernstein expects the company to report lower than expected gross margins. The firm calls the effects of currency fluctuations on demand for the company's products "worrisome," and it trimmed its price target on the name to $28 from $30. It says it would not close shorts on Intel "just yet," and keeps an Underperform rating on the shares.
News For INTC From the Last 2 Days
INTC
INTC
May 9, 2024 | 06:01 EDT
Intel is partnering with 14 Japanese companies to develop technology by 2028 to automate the largely manual "back-end" chipmaking processes like packaging, Nikkei Asia's Ryo Mukano and Riho Nagao report. The tie-up will be led by Kunimasa Suzuki, the head of Intel's Japanese arm. Reference Link
INTC
May 8, 2024 | 16:42 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
INTC
May 8, 2024 | 13:00 EDT
Stifel analyst Ruben Roy lowered the firm's price target on Intel to $34 from $45 and keeps a Hold rating on the shares after the company confirmed that the U.S. Commerce Department has revoked certain licenses for exports of client-side CPUs to Huawei. Intel maintained its Q2 revenue outlook range, but now expects revenue below the midpoint of that range, notes the analyst, who is "modestly lowering" the firm's 2024 estimates.
INTC
May 8, 2024 | 11:58 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
INTC
INTC
INTC
INTC
May 8, 2024 | 07:53 EDT
Consensus is $12.11B.
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