UPDATE: Correction - Jefferies Lowers Estimates on Intel (INTC); Macro and Win-8 Issues?...or New Seasonality?

Go back to UPDATE: Correction - Jefferies Lowers Estimates on Intel (INTC); Macro and Win-8 Issues?...or New Seasonality?

Top 10 News Items 09/04 - 09/07: Where Are the Jobs?; Draghi Fires-Up Markets; Facebook CEO Pauses on Sales; Intel Issues Warning

September 7, 2012 4:21 PM EDT

Top 10 News Items 09/04 - 09/07:Early Friday morning, nonfarm payrolls showed gains for the month of August. Gains are always good, but the addition of 96,000 jobs missed expectations calling for adds of 130,000.

July payrolls were revised lower from 161,000 down to 141,000 adds.

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On Thursday, ECB president Mario Draghi gave a little hope to traders, saying the Bank will run an unlimited bond-buying... More

RBC Capital Cuts PT and Estimates on Intel (INTC); Timing Not Good; NVDA & MU Overdone

September 7, 2012 1:57 PM EDT

RBC Capital maintains an 'Outperform' on Intel (NASDAQ: INTC) price target of $28.00 (from $30.00).

Analyst, Doug Freedman, said, "The bad news in the PC market has been well-documented through the summer period, and is related to several reasons: 1) lackluster back-to-school builds; 2) weakness in China; 3)... More

Deutsche Bank Maintains a 'Buy' on Intel (INTC) as Shares Remain Attractive; Cut Estimate as Company Not Immune

September 7, 2012 1:47 PM EDT

Deutsche 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 EDT

Broader 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 EDT

Friday 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 EDT

Audience, Inc. (NASDAQ: ADNC) 59% LOWER ; Warned that Apple may not use its processor IP in the iPhone 5.... More