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John McAfee's MGT receives SEC subpoena, shares slump

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Canaccord Genuity Raises Price Target on Intel (INTC) After Meeting with Management

September 20, 2016 11:44 AM EDT

Canaccord Genuity reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $44.00 (from $40.00), after meeting with management. meetings were upbeat and focused on the diversification of DCG opportunities and visibility against stronger 2H/16 guidance in DCG. The meetings also covered the KabyLake launch and overall trends toward PC stabilization longer-term, and the recently announced sale of McAfee.

Analyst Matthew Ramsay commented, "After meeting a broad cross-section of Intel management at... More

Brean Capital Raises Price Target as Intel (INTC) Updates Revenue Guidance

September 20, 2016 9:40 AM EDT

Brean Capital reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $40.00 (from $38.00), as the company increased September quarter revenue expectations. The company now expects revenue to be $15.6B plus or minus $300M versus its previous range of $14.9 billion, plus or minus $500 million.

Analyst Mike Burton... More

MGT Capital (MGT) Says NYSE Denied Listing of Additional Shares Needed to Close D-Vassive Deal

September 20, 2016 6:03 AM EDT

MGT Capital Investments, Inc. (NYSE: MGT) announced that the New York Stock Exchange informed the Company late yesterday afternoon that it will not approve the listing on the Exchange of the 43.8 million shares that the Company is required to issue in order to... More