UPDATE: Intel (INTC) Shares Active Ahead of Earnings After-the-Close
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Prelim. PC Numbers, China Concerns in Focus into Intel's (INTC) Q3 Report - Cowen
October 14, 2014 2:23 PM EDTCowen and Company maintains Intel (Nasdaq: INTC) with a Market Perform rating and $33 price target heading into the tech giant's Q3 report, which is expected out after markets close today.
Analyst Timothy Arcuri commented: Developed market PC indicators continue to stabilize, offsetting weakness in emerging markets. Gartner preliminary CQ3 PC units of ~79.4MM (up ~4.5% Q/Q and down ~0.5% Y/Y) were largely in-line w/normal seasonal... More
Semis Hammered After Microchip Technology (MCHP) Warns on Q2
October 10, 2014 10:01 AM EDTThe Semiconductor sector was hit with heavy selling pressure at the open Friday. The fall is tied to Microchip Technology's (NASDAQ: MCHP) warning yesterday after the close. Illustrating the carnage in the sector, ETF Market Vectors Semiconductor ETF (NYSE: SMH) is down 6%.
Here's what Microchip Technology said:
The September quarter is usually a back-end weighted quarter because of a traditional weak August due to... More
