RBC Capital Cut Price Target to $33 on Intel (INTC) Following 4Q Earnings

Stifel Raised Price Target on Intel (INTC) to $37 Following 4Q earnings and Outlook

January 15, 2016 9:15 AM EST

Stifel reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $37.00 (from $36.00), following the company's 4Q earnings report, and outlook. Revenue of $14.9bn was up 3.1% q/q and up 1.6% y/y, above the prior guidance midpoint and the Streets estimate of... More

Sterne Agee CRT Reiterates Buy on Intel (INTC) Following Soft 1Q Outlook

January 15, 2016 8:51 AM EST

Sterne Agee CRT reiterated a Buy rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 4Q earnings and outlook. Excluding $400M ALTR contribution, Q1 revenue guidance of $14.1B is at the low end of seasonal range. Management cited macro softness for lower unit... More

Mizuho Securities Reiterates Buy on Intel (INTC) Following 4Q Beat

January 15, 2016 8:20 AM EST

Mizuho Securities reiterated a Buy rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's 4Q earnings report. INTC reported revenue and EPS results of $14.9B and $0.74 respectively, ahead of street estimates of $14.8B and $0.64. The company also released March quarter guidance of... More

The Good and the Bad of Intel's (INTC) Quarter - Susquehana

January 15, 2016 7:05 AM EST

Chris Caso from Susquehana think's Intel (NASDAQ: INTC) report was uncharacteristically cautious, as the company recognized China macro concerns beginning to show up in the businesses. The December quarter was slightly ahead of expectations in total, two key areas are likely to raise concerns: the slight downside in Data Center and the cautious commentary regarding China demand which caused the company to trim its core full-year... More

After-Hours Stock Movers 01/14: (OA) Higher; (INTC) (THS) (ADI) Lower (more...)

January 14, 2016 6:01 PM EST

Intel (NASDAQ: INTC) 4.3% LOWER; reported Q4 EPS of $0.74, $0.11 better than the analyst estimate of $0.63. Revenue for the quarter came in at $14.9 billion versus the consensus estimate of $14.8 billion. The company sees Q1 adjusted revenue of $14.1 billion +/- $500 million. The consensus is at $13.86 billion. Intel sees Q1 GAAP gross margin at 58 percent +/- a couple of points, with the consensus at 61.0 percent.

TreeHouse Foods, Inc. (NYSE: THS) 3.5% LOWER;... More

Market Wrap: Goldman Enters RMBS Settlement; Mobile Phone Sales Hamper Best Buy Comps; Energy Stocks Rebound

January 14, 2016 5:09 PM EST

Market wrap for January 14th

End of the Day: S&P 500 up 31.6 to 1,921.84; Dow Jones up 227.6 to 16,379.05; Nasdaq up 89.0 to 4,615.00

Market Brief: U.S. markets power higher as crude rebounded Thursday, though they are still down through the first few weeks of 2016. The S&P Energy Sector rose 4.5 percent on the session.

Intel topped Q4 views, but investors grew wary of gross margin guidance.

Goldman Sachs announced entering a major RBMS... More

Slowing data center revenue growth dims Intel's profit beat

January 14, 2016 4:10 PM EST

By Anya George Tharakan and Arathy S Nair

(Reuters) - Intel Corp's (NASDAQ: INTC) strong quarterly profit beat was overshadowed by concerns about slowing revenue growth in its highly profitable data center business, sending its shares down about 5.6 percent in after-market trading.

Chief Executive Brian Krzanich has looked to weather a slump in demand for chips used in personal computers by focusing on the business of supplying chips for high-end servers.

The world's largest chipmaker reported data center revenue of $4.31 billion in the fourth quarter ended Dec. 26, missing consensus estimate of $4.42 billion,... More

Intel (INTC) Tops Q4 EPS by 11c

January 14, 2016 4:01 PM EST

(Updated - January 14, 2016 4:03 PM EST)

Intel (NASDAQ: INTC) reported Q4 EPS of $0.74, $0.11 better than the analyst estimate of $0.63. Revenue for the quarter came in at $14.9 billion versus the consensus estimate of $14.8 billion.

Our results for the fourth quarter marked a strong finish to the... More

SunTrust Starts Intel (INTC) at Neutral

January 13, 2016 4:44 PM EST

SunTrust Robinson Humphrey initiated coverage on Intel (NASDAQ: INTC) with a Neutral rating and a price target of $35.00.

For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.

Shares of Intel closed at $32.68 yesterday.

... More

Trading Radar for 1/14: JPMorgan (JPM), Intel (INTC), Shiloh Industries (SHLO), Taiwan Semi (TSM) Report

January 13, 2016 2:57 PM EST

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

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 275kContinuing Claims - Street sees 2.22MExport Prices: ex. Ag - no Street... More

Gartner PC Data Suggests Inline Q4 for Intel (INTC) with Potential Q1 Tailwind - Cowen

January 13, 2016 8:28 AM EST

Cowen and Company reaffirmed its Market Perform rating and $35 price target on Intel (Nasdaq: INTC) following data from Gartner issued... More

Wall St. resumes selloff; S&P 500 lowest since September

January 13, 2016 7:26 AM EST

By Caroline Valetkevitch

(Reuters) - U.S. stocks sank on Wednesday, pushing the S&P 500 to close below 1,900 for the first time since September as investors grew anxious about weak energy prices, U.S. corporate earnings and the global economy.

All 10 S&P 500 sectors ended in the red, led by consumer discretionary shares, the healthcare sector and technology. Selling was broad, with decliners outpacing advancing issues on the NYSE more than 7 to 1 and on the Nasdaq by more than 6 to 1.

All three major indexes are in correction territory. The S&P 500 is now down 11.3 percent below its May... More