RBC Capital Cuts PT and Estimates on Intel (INTC); Timing Not Good; NVDA & MU Overdone
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Deutsche Bank Maintains a 'Buy' on Intel (INTC) as Shares Remain Attractive; Cut Estimate as Company Not Immune
September 7, 2012 1:47 PM EDTDeutsche Bank maintains a 'Buy' on Intel (NASDAQ: INTC) price target of $30.00 (from $33.00).
Deutsche analyst said, "INTC lowered 3Q12 guidance driven by soft macro demand (enterprise/emerging), reduced customer inventory and a lack of Win 8-related builds...Looking forward, we believe this weakness... More
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

