Wall Street Digests Intel's (INTC) Q3 Results and is Not Impressed

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Go back to Wall Street Digests Intel's (INTC) Q3 Results and is Not Impressed

Notable ETF Movers of the Day 10/17: (XHB) (XME) Higher; (XLK) Lower

October 17, 2012 12:54 PM EDT

Gainers:

SPDR S&P Homebuilders (NYSE: XHB) gained 32.7percent to 26. Economic data, including housing starts and building permits, showed large gains in September, fueling bullish sentiment for homebuilder stocks. Building permits rose 15 percent,... More

Intel (INTC) Sees Q3 Profit, Sales Slip on Slowing PC Demand, Inventory Reductions

October 16, 2012 4:30 PM EDT

Intel (Nasdaq: INTC) is lower in after-hours trading Tuesday following issuance of its third-quarter results and outlook for fourth-quarter sales.

Revs fell 5.5 percent to $13.46 billion, from $14.23 billion in the same period last year. Net income slipped 14.3 percent to $2.97 billion, or 58 cents per... More

UPDATE: Intel (INTC) Tops Q3 EPS by 10c; Guides Q4 Sales

October 16, 2012 4:01 PM EDT

(Updated - October 16, 2012 4:04 PM EDT)

Intel (NASDAQ: INTC) reported Q3 EPS of $0.60, $0.10 better than the analyst estimate of $0.50. Revenue for the quarter came in at $13.5 billion versus the consensus estimate of $13.23 billion.

Intel sees Q4 revenues of $13.1-$14.1 billion, versus the consensus of... More