Intel (INTC) Tops Q2 EPS by 6c

Needham & Company Remains Bullish on Intel (INTC) Following 2Q Results

July 21, 2016 7:57 AM EDT

Needham & Company reiterated a Buy rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 2Q earnings report. Intel reported revenue of $13.5bn, in-line with estimates. Non-gaap EPS of $0.59 beat $0.53 estimates. EPS included a $0.05 benefit from higher than expected interest and... More

Baird Remains Bullish on Intel (INTC) Following In-Line 2Q Report

July 21, 2016 7:15 AM EDT

Baird reiterated an Outperform rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 2Q earnings report. INTC reported EPS of $0.27, in line with consensus. Revenue of $13.5 billion was in line with the midpoint of guidance of $13.0-$14.0 billion. Management guided 3Q16 revenue midpoint... More

Intel (INTC) volatility elevated as shares trend up into Q2 and outlook

July 20, 2016 11:41 AM EDT

Intel (NASDAQ: INTC) July weekly call option implied volatility is at 61, August is at 23; compared to its 52-week range of 18 to 38 into the expected release of Q2 today after the market close.

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Microsoft helps Wall St. to another day of record highs

July 20, 2016 7:23 AM EDT

By Lewis Krauskopf

(Reuters) - Wall Street gained on Wednesday and the S&P 500 and Dow industrials set fresh records, as Microsoft's strong results boosted the indexes and marked the latest sign that U.S. corporate earnings season may be less dour than feared.

Microsoft (NASDAQ: MSFT) shares surged 5.3 percent after the software giant posted sharp growth in its cloud computing business.

The stock gave by far the biggest lift to the major indexes and the tech sector .

Defensive sectors such as utilities and telecoms have led the market's gains... More