Deutsche Bank Maintains a 'Buy' on Intel (INTC) as Shares Remain Attractive; Cut Estimate as Company Not Immune
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Notable ETF Movers of the Day 09/07: (SPY) (GDX) (EEM) Higher; (SMH) Lower
September 7, 2012 1:41 PM EDTBroader markets are trading slightly higher on Friday despite a disappointing jobs report. The government reported jobs gains of 96k in August compared to estimates of 130k. As a result of the disappointing figures, SPDR S&P 500 (NYSE: SPY) is higher by only 0.30 percent. The ETF had the wind taken out of its sails after... More
Intel (INTC) Comments Slap Chipmakers Back to Reality (AMD) (NVDA) (MFST)
September 7, 2012 11:25 AM EDTFriday is proving to be a bad day for chipmakers. After flying high yesterday on ECB/Draghi comments and hopes for a global recovery, semiconductor stocks are back in the doldrums again after the largest producer in the world, Intel Corp. (Nasdaq: INTC) reported... More
Pre-Open Movers 9/7: (SWHC) (ULTA) (QCOR) Higher; (ADNC) (P) (INTC) Lower (more...)
September 7, 2012 9:30 AM EDTAudience, Inc. (NASDAQ: ADNC) 59% LOWER ; Warned that Apple may not use its processor IP in the iPhone 5.... More
Intel (INTC) Peers Tick Lower on Q3 Warning (NVDA) (AMD) (TXN)
September 7, 2012 8:07 AM EDTIntel (NASDAQ: INTC) peers are lower Friday morning following the Company cutting its third-quarter sales outlook.
Lower ahead of the bel are Advanced Micro (NYSE: AMD), NVIDIA (Nasdaq: NVDA), Broadcom (Nasdaq: BRCM), Texas Instruments (NYSE: TXN), and Marvell Tech (Nasdaq: MRVL), among others.... More
Intel (INTC) Cuts Q3 Sales Outlook; Cites Lower Inventory Demand in Supply Chain
September 7, 2012 8:02 AM EDTIntel Corp. (Nasdaq: INTC) reports that third-quarter revenue is expected to be below the companys previous outlook as a result of weaker than expected demand in a challenging macroeconomic environment. The company now expects third-quarter revenue to be $13.2 billion, plus or minus $300 million, compared... More
UBS Reiterates a 'Buy' on Intel (INTC); Staying Positive, But Adjusting Estimates
September 6, 2012 11:17 AM EDTUBS reiterates a 'Buy' on Intel (NASDAQ: INTC) price target of $33.00 (from $34.00).
Analyst, Steven Eliscu, said, "UBS's Global PC Hardware team lowered its PC unit growth forecast, detailed in the Global I/O note, Waiting for Windows 8? 2012/13 to -1.3%/+4.5% from +3.4%/+6.3% with -1.2%/-0.2% desktop (from +1.3%/+2.1%) and... More
Canaccord Genuity Morning Coffee on Oracle (ORCL) and Hewlett-Packard (HPQ): The Odd Couple
September 6, 2012 10:52 AM EDTCanaccord Genuity Morning Coffee on Oracle (Nasdaq: ORCL) and Hewlett-Packard (NYSE: HPQ): The odd couple.
Oracle will continue to support Hewlett-Packards Itanium-based servers after losing a lawsuit which it had argued that it was not... More
Nomura Securities Reiterates a 'Buy' on NVIDIA (NVDA); Positive Meeting with Management
September 6, 2012 9:56 AM EDTNomura Securities reiterates a 'Buy' on NVIDIA (NASDAQ: NVDA) price target of $18.00.
Analyst, Romit Shah, said, "While upcoming new product launches from Apple (Nasdaq: AAPL) may weigh on shares near term, we believe current... More
