Intel to cut up to 12,000 jobs as PC industry swoons
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Go back to Intel to cut up to 12,000 jobs as PC industry swoons
April 21, 2016 8:56 AM EDT
Mizuho Securities reiterated a Neutral rating on Qualcomm (NASDAQ: QCOM), and raised the price target to $50.00 (from $49.00), following the company's 2Q earnings report. QCOM reported in-line results with revenues of $5.5B vs consensus of $5.3B. EPS was reported at $1.04 compared to $0.97 consensus estimates.... More
April 20, 2016 8:45 AM EDT
Mizuho Securities reiterated a Buy rating and $36.00 price target on Intel (NASDAQ: INTC) following the company's 1Q earnings report. INTC reported revenue and non-GAAP EPS of $13.7B/$0.54, versus the street at $13.7B/ $0.48. Management guided 2Q16 to a flat $13.5B topline... More
April 20, 2016 6:46 AM EDT
Sterne Agee CRT reiterated a Buy rating and $38.00 price target as Intel (NASDAQ: INTC) begins to shift focus to higher potential end markets. The company appears to be doubling down in DCG and other higher growth markets with restructuring actions to create sustainable earnings and FCF power. This... More
