Susquehanna Remains Neutral on Intel (INTC) Following 3Q Results

UBS Reiterates Buy on Intel (INTC) Following 3Q15 Earnings Results

UBS reiterated a Buy rating and $33.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. Intel was able to meet its gross margin guidance of 63% in this downcycle as desktop and notebook chip prices were up YOY by 8% and 4% from a more favorable mix of sales of... More

Needham & Company Reiterates Buy on Intel (INTC) Following 3Q Earnings Results

Needham & Company reiterated a Buy rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. Intel reported revenue and GAAP EPS of $14.5bn/$0.64. CCG revenue increased 13% Q/Q driven by record Core mix.

Analyst Quinn Bolton commented, "Intel reported... More

Roth Capital Cuts Price Target on Intel (INTC) Following 3Q Earnings Results

Roth Capital reiterated a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $36.00 (from $37.00), following the company's 3Q earnings results. INTC reported revenues of $14.465 billion and EPS of $0.64.

Analyst Krishna Shankar commented, "Intel reported 3Q15 revenues/GAAP EPS results of $14.465 billion/$0.64... More

Canaccord Genuity Reiterates Buy on Intel (INTC) Following 5c EPS Beat

Canaccord Genuity reiterated a Buy rating and $39.00 price target on Intel (NASDAQ: INTC) following the company's 3Q earnings results. Intel reported revenue of $14.5B, above consensus estimates of $14.3B. EPS was $0.64, better than consensus' $0.59 estimates.

Analyst Matthew Ramsay commented, "Amidst the recent market turbulence, Intel shares have proven resilient... More

Northland Capital Markets Raises Price Target on Intel (INTC) Following 3Q Results

Northland Capital Markets reiterated an Outperform rating on Intel (NASDAQ: INTC), and raised the price target to $39.00 (from $37.50), following the company's 3Q15 earnings report. Intel reported EPS of $0.64, and revenues of $14.5B. Below the line expenses were higher than modeled and EPS upside... More

RBC Capital Raises Price Target on Intel (INTC) Following 3Q EPS Beat

RBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and raised the price target to $34.00 (from $33.00), following the company's 3Q15 earnings results. INTC reported results that exceeded expectations. Revenues of $14.5B beat the Street's $14.2B. EPS of $0.64 came in ahead of Street's $0.59... More

Sterne Agee CRT Reiterates Buy on Intel (INTC) Following a 3Q EPS Beat

Sterne Agee CRT reiterated a Buy rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. INTC reported revenue and EPS of $14.47B and $0.64 vs. consensus of $14.24B and $0.58. Upside to Q3 was provided by better-than-expected CCG performance... More

Piper Jaffray Remains Bullish on Intel (INTC) Following 3Q15 Earnings Results

Piper Jaffray reiterated an Overweight rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. INTC reported Q3 revenue of $14.5B and EPS of $0.64, above the midpoint of management's outlook and ahead of consensus.

Analyst Ruben Roy commented, "We reiterate our... More

Summit Research Upgrades Intel (INTC) to Buy

Summit Research upgraded Intel (NASDAQ: INTC) from Hold to Buy with a price target of $40.00.

Analyst Srini Sundararajan commented, "We are upgrading Intel to BUY from HOLD and move our price target to $40. Guidance was easily achieved in C3Q15 despite a fall in number of units due to customer preference for latest and greatest.... More

Intel (INTC) PT, Estimates Raised at Jefferies Post Q3; Sees Gross Margin Rising to 70%

Jefferies analyst Mark Lipacis reiterated a Buy rating on Intel (NASDAQ: INTC) while raising estimates and his price target to $37.00 (from $36.00) following Q3 earnings and outlook after the close. The analyst said gross margin can rise to 70%.

"INTC posted a $0.05... More

After-Hours Movers 10/13: (SNDK) (MU) (WDC) Higher; (CPHD) (INTC) (JPM) Lower (more...)

Cepheid (NASDAQ: CPHD) 13.1% LOWER; announced preliminary results for the quarter ending September 30, 2015. Based on Cepheid's preliminary financial results, total revenue for the third quarter of 2015 is expected to be approximately $126.5 million, and net loss per share is expected to be approximately $(0.32) for the third quarter. Based on Cepheid's preliminary financial results, non-GAAP net loss per share for the third quarter of 2015 is expected to be approximately $(0.13),... More

Market Wrap: Job Cuts Aplenty at Twitter; Intel Tops Q3 Expectations; Analysts Get Bearish on GoPro

Market wrap for October 13th

End of the Day: S&P 500 down 13.8 to 2,003.69; Dow Jones down 50.0 to 17,081.89; Nasdaq down 42.0 to 4,796.61

Market Brief: Markets fluctuated between gains and losses Tuesday as Q3 earnings season begins to ramp up.

Twitter affirmed plans to cut jobs, which was first reported on Monday.

China's General Administration of Customs reported that exports fell 3.7 percent in September, which was narrower than a 5.5 percent drop in August. The current trade surplus rose from $60.2 billion in August up to $60.3... More

Sandisk Corp. (SNDK) said working with banker to explore sale - Bloomberg

Sandisk Corp. (NASDAQ: SNDK) said working with banker to explore sale, according to Bloomberg.

UPDATE - According to market reports, interested parties may include Micron (Nasdaq: MU) and Western Digital... More

Intel says data center business to grow less than expected

By Anya George Tharakan and Arathy S Nair

(Reuters) - Intel Corp (NASDAQ: INTC) cut revenue growth forecast for its highly profitable business of making chips for data centers as businesses reduce spending due to weak macroeconomic growth.

The world's biggest chipmaker's shares reversed course to trade down as much as 3.8 percent after the bell on Tuesday following the forecast.

Intel has been counting on the data center business to help offset declining demand for its chips used in personal computers, its biggest revenue generator.

The company agreed in... More

Intel (INTC) Tops Q3 EPS by 5c; Q4 Revenue Guidance Comes in Slightly Below Views

(Updated - October 13, 2015 4:05 PM EDT)

Intel (NASDAQ: INTC) reported Q3 EPS of $0.64, $0.05 better than the analyst estimate of $0.59. Revenue for the quarter came in at $14.5 billion versus the consensus estimate of $14.22 billion.

We executed well in the third quarter and delivered solid results in a challenging economic environment, said Brian... More

Wall St. declines on China fears, weak profit expectations

By Caroline Valetkevitch

(Reuters) - U.S. stocks fell on Tuesday, with the Dow snapping a seven-day winning streak, on renewed fears of slowing growth in China and another bout of selling in biotech shares.

Biotechs led the S&P 500 and Nasdaq lower and the S&P health care index , down 1.2 percent, had the biggest losses among S&P sectors, followed by industrials , down 1.1 percent. The Nasdaq Biotech Index was down 3.2 percent, extending recent declines.

Worries about third-quarter earnings reports continued to weigh on sentiment. Earnings for S&P 500 companies are expected... More

Intel (INTC) Third Quarter Earnings Preview

Analysts are cautiously bullish heading into Intel's (NASDAQ: INTC) third quarter 2015 earnings report on Tuesday after the close. The three key areas to lock in on are PC Demand, data center growth and the Altera deal status, any one of which could improve Intels fortunes. The call is scheduled for 5 PM. Dial in: 877-303-7005, pc: 42216833

Analysts on average are looking for EPS of $0.59 on revenues of $14.22 billion, representing a decline of 10.6% and 2.6%, respectively, year-over-year. Over the past year, Intel has beaten or met its EPS... More

Trading Radar for 10/13: JPMorgan(JPM), Intel (INTC), J&J (JNJ), Fastenal (FAST), CSX Corp. (CSX) Report

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

Before Markets Open:
Earnings:

Adaptimmune Therapeutics (Nasdaq: ADAP) - consensus loss $0.08
Del Frisco's (Nasdaq: DFRG) - consensus EPS... More

RBC Capital Raises Price Target on Intel (INTC) Ahead of 3Q Results

RBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and raised the price target to $33.00 (from $29.00), ahead of the company's 3Q15 earnings results. INTC guided to $14.3B in Q3 revenue, up 8% q/q, above 5-year historical seasonality at 4.5%... More

Global Chip Revenue Expected to Fall 0.8% in 2015 - Gartner

Worldwide semiconductor revenue is forecast to total $337.8 billion in 2015, a decline of 0.8 percent from 2014, according to Gartner, Inc. This is first decline in revenue since 2012 when the market declined 2.6 percent. This forecast is down from the previous quarter's forecast of 2.2 percent growth.

"Once again the outlook for the major applications that drive the semiconductor market, including PCs, smartphones and tablets, has been revised downward," said Andrew Norwood, research vice president... More

Wall St. ends up slightly as focus turns to earnings

By Caroline Valetkevitch

(Reuters) - Gains in utilities offset a retreat in energy shares on Monday, leaving U.S. stocks slightly higher as investors remained nervous about third-quarter corporate results.

The Dow rose for a seventh straight session, led by gains in UnitedHealth Group (NYSE: UNH), which rose 2.7 percent at $122.51.

This week brings results from some top U.S. banks, among other companies, and investors are eyeing a projected 4.8 percent year-over-year decline in third-quarter S&P 500 earnings, according to Thomson Reuters data. That would be the worst earnings season in six... More