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

Intel (INTC): Jefferies Sees an $0.84 Opportunity in SG&A

July 21, 2016 7:17 AM EDT

Jefferies analyst, Mark Lipacis, noted that Intel's (NASDAQ: INTC) 2Q EPS beat by $0.01 and 3Q outlook is $0.02 above consensus. The analyst expects DCG to accelerate to 16% YY growth in 2H16 vs 7% in 1H16, and gross margins to expand by 500 bps between... 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, transports sap Wall Street's strength

July 21, 2016 7:12 AM EDT

By Lewis Krauskopf

(Reuters) - Wall Street cooled off on Thursday as disappointing quarterly reports from tech stalwart Intel and from transportation companies stalled momentum in a U.S. corporate earnings season that has been better than feared.

The S&P 500 and Dow industrials pulled back from record highs and the Dow snapped a nine-session streak of gains.

Southwest Airlines (NYSE: LUV) fell 11.2 percent and led other airline stocks lower after the company forecast a drop in a key profitability metric. Union Pacific (NYSE:... More

After-Hours Stock Movers 07/20: (URI) (EBAY) (QCOM) Higher; (SCSS) (BDC) (INTC) Lower (more...)

July 20, 2016 5:55 PM EDT

Today's After-Hours Movers

Select Comfort Corp (NASDAQ: SCSS) 10.6% LOWER; reported Q2 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $277 million versus the consensus estimate of $283.55 million. The company reiterates its outlook for 2016 earnings per diluted share of $1.25 to $1.45.

United Rentals (NYSE: URI) 8.8% HIGHER; reported Q2 EPS of $2.06, $0.24 better than the analyst estimate of $1.82. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.4 billion.

eBay (NASDAQ:... More

Intel's slowing data center growth overshadows strong profit

July 20, 2016 4:15 PM EDT

By Sai Sachin R

(Reuters) - Intel Corp (NASDAQ: INTC) on Wednesday reported slower revenue growth at its data center business, which makes semiconductors used in high-end servers, overshadowing a better-than-expected quarterly profit.

Shares of the world's largest chipmaker fell 3 percent in after-hours trading.

Hurt by weak demand from enterprises, revenue at the highly-profitable unit rose 5 percent to $4 billion, but lagged the previous quarter's 9 percent increase and remained below Intel's annual target of low double-digit growth.

... More

Intel (INTC) Tops Q2 EPS by 6c

July 20, 2016 4:02 PM EDT

Intel (NASDAQ: INTC) reported Q2 EPS of $0.59, $0.06 better than the analyst estimate of $0.53. Revenue for the quarter came in at $13.5 billion versus the consensus estimate of $13.54 billion.

Q2 Key Business Unit Trends*
Client Computing Group revenue of $7.3 billion, down 3 percent sequentially and down 3... 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

Trading Radar for 7/20: Intel (INTC), Morgan Stanley (MS), Qualcomm (QCOM), AmEx (AXP), Halliburton (HAL), F5 Networks (FFIV) Report

July 19, 2016 2:09 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

ASML Holdings (Nasdaq: ASML) - consensus EPS $0.87
Abbott (NYSE: ABT) - consensus EPS $0.53
Amphenol (NYSE: APH) - consensus EPS $0.63
Asanko Gold, Inc. (NYSE: AKG) - consensus EPS $0.00
BankUnited (NYSE: BKU) - consensus EPS $0.51
Canadian Pacific Railway (NYSE: CP) -... More

Intel (INTC) July weekly volatility of 49 elevated into Q2 and outlook

July 19, 2016 11:18 AM EDT

Intel (NASDAQ: INTC) July weekly call option implied volatility is at 49, August is at 21; compared to its 52-week range of 17 to 38 into the expected release of Q2 on July 20.

... More