Published on Tue, 10/21/2014 - 09:42
By Robert Cotter
Intel (NASDAQ:INTC) has opened bullishly above the pivot of $31.39 today and has reached the first level of resistance at $31.89. Analysts will be watching for a cross of the next upside pivot targets of $32.19 and $32.99.
Intel Corporation designs, manufactures, and sells computer components and related products. The Company's major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
Potential upside of 10.1% exists for Intel, based on a current level of $32.06 and analysts' average consensus price target of $35.29. Intel shares should encounter resistance at the 50-day moving average (MA) of $34.07 and support at its 200-day MA of $29.11.
In the past 52 weeks, Intel share prices have been bracketed by a low of $21.89 and a high of $35.56 and are now at $32.06, 46% above that low price. The 200-day and 50-day moving averages have moved 0.28% higher and 0.25% lower over the past week, respectively.
Sentiment: Strong Buy
ARM -3.5% following weak Q3, underwhelming guidance
Oct 21 2014, 05:57 ET | About: ARM Holdings, plc (ARMH) | By: Eli Hoffmann, SA News Editor
ARM Holding's (NASDAQ:ARMH) Q4 guidance is "underwhelming," SocGen says, given previous expectations of a strong H2.
The drop in value per new license sold implies that most of ARM's larger deals have been completed, firm says.
Any positive aura from Apple's iPhone strength is "more than offset" by ARM's weakness in the broader smartphone market.
SocGen maintains Sell rating with implied 18% downside.
ARM Holdings Net Income of £64.8M, misses on revenue
Oct 21 2014, 05:48 ET | About: ARM Holdings, plc (ARMH) | By: Gaurav Batavia, SA News Editor
ARM Holdings (NASDAQ:ARMH): Q3 Net Income of £64.8M
Revenue of $320.2M (+11.7% Y/Y) misses by $8.86M.
Shares -2.5% premarket.
Microsoft has been on a crusade to fight Android at the low-end of the market segment with cheaper Windows devices. They made this possible by offering up Windows for free on devices smaller than 9 inches and also Windows 8.1 with Bing as well..
A new Windows 8.1 tablet has been announced at Computex and it will have a price point of $100. The device, built by Emdoor, has a quad-core Intel Z3735E ATOM processor, 1 GB of RAM, 16 GB of internal storage, and an 8in 1280x800 IPS display. We are quite pleased to see an IPS display in a tablet at this price point, and even an Intel CPU under the hood makes us suspect this device may not be a dog in the performance department.
One issue with the device is that there is roughly 8 gigs of free storage out of the box and that's because it's running the full version of Windows 8.1. But, for $100, that's about what you should expect, as this device meets the minimums for running Windows 8.1.
For Microsoft, this is a big play for the company as it looks to move into the super-low end tablet market and compete with Android who has been the only OS at these price points for many years. Intel, naturally, gets a win here as well as its chips make these types of low price devices possible too.
One area where Microsoft needs to be cautious is that if these devices offer a poor user experience, it could turn off users to Windows 8.1 as they will equate these cheap devices performance back to Microsoft. While we know its the hardware that will slow down the device, the poor performance will still reflect, from a user perspective, on Microsoft.
But, at $100, what can you expect? The device seems surprisingly well-rounded for such a cheap tablet and we will be curious to see if these types of tablets will significantly boost Windows 8.1 adoption rate among consumers.
Oct 20, 2014 DH Kass | The VAR Guy
Asus, in a collaboration with carrier AT&T and chip giant Intel, has delivered the Padfone X mini, a 4.5-inch 4G LTE hybrid smartphone that converts to a 7-inch tablet when plugged into a docking station.
Device maker Asus, in a collaboration with carrier AT&T (T) and chip giant Intel (INTC), has delivered the Padfone X mini, a 4.5-inch 4G LTE hybrid smartphone that converts to a 7-inch tablet when plugged into a docking station.
The mobile device, which is equipped with an Intel Atom processor and a XMM 7160 LTE modem, is priced at $199 under AT&T’s no-contract, prepaid GoPhone plan. Asus claims the Padfone X mini supplies nearly 16 hours of battery life in smartphone mode and some 28 hours of activity when docked. The unit features a 5-megapixel camera and Asus’ DynamicDisplay technology, which resizes apps for different display sizes.
»Asus to Launch Sub-$200 Android Wear Smartwatch
»Best Buy Boss: Laptop Sales Up But Tablets 'Crashing'
The collaborators are positioning the phone as the first smartphone for the U.S. market powered by an Intel application processor and an Intel LTE solution. It will be available in AT&T’s retail stores Oct. 24 and other national retailers in November. Shoppers also can purchase the Padfone X mini either at Asus’ or AT&T’s website.
"ASUS is passionate about providing incredible experiences,” said Benson Lin, Asus Mobile Communication general manager and corporate vice president. “We are excited to work with AT&T and Intel to bring the ASUS PadFone X mini to the U.S. This unique device offers the compelling combination of a 4.5-inch LTE smartphone and the power and versatility of a 7-inch handheld tablet that allows people the best of both world experiences."
Herman Eul, Intel Mobile Communications Group general manager and vice president, said the Padfone X mini
Samsung Launches Intel-powered Chromebook 2
Samsung rolls out an Intel-based variant of the Chromebook 2, but cuts down on the memory.
Harish Jonnalagadda — October 18, 2014
Samsung Chromebook 2
Samsung (KRX:005935) launched the Chromebook 2 earlier this year with an Exynos 5 Octa SoC, and is now introducing a variant that comes with an Intel (NASDAQ:INTC) processor, the Celeron N2840. After long delays and non-availability in most regions, the Intel-based Chromebook 2 is set to go on sale this weekend for $250.
Along with the addition of an Intel CPU, Samsung has undertaken enhancements to the chassis that makes the Chromebook 2 more durable. The machine is now reinforce by metal around the four corners as well as behind the display that add rigidity to the notebook. The faux-leather stitching that was inspired by the Galaxy Note 3 is still intact, however, as is the 1366 x 768 resolution display. Now that vendors like HP and Toshiba have started offering full-HD displays, the panel on the Chromebook 2 feels sub-standard.
Samsung is also adding in a new feature called Google Help, through which users new to the Chrome OS ecosystem can find and get assistance for any issues hey face through a live video chat agent located at Samsung’s call center in the US. The service is similar to what Amazon offers in Mayday, and should alleviate most issues faced by users.
In terms of battery life, Samsung is stating that the Chromebook 2 delivers nine hours from a full charge, which is in line with what is offered by other devices in this segment. Other hardware features of the Chromebook 2 include 16 GB internal storage, 2 GB RAM for the Intel-based variant, Wi-Fi 802.11a/b/g/n, Bluetooth 4.0, HDMI out, one USB 3.0 port, one USB 2.0 port and an SD card reader. It is unclear as to why Samsung decided to cut down on the memory from 4 GB on the Exynos-based versions to 2 GB on the Celeron N2840 model, but for $250, the machine is still a decen
Sentiment: Strong Buy
Samsung announces Chromebook 2 with Intel processor for $250
Samsung announces the Chromebook 2 powered by an Intel Celeron processor, which will be released next week for $250 MSRP (KRX:005930, NASDAQ:INTC)
By: Michael Hatamoto | Laptops News | Posted: 1 hour, 6 mins ago
Obama’s Newly-Appointed ‘Ebola Czar’ Happens to Be Lacking in One Important Area of Expertise
By Caroline Schaeffer (35 mins ago) | Headlines, Health, Politics
Image credit: Evy Mages, The Washington Post
President Obama has asked Democratic operative Ron Klain to be the “Ebola Czar” and coordinate the federal government’s response to the deadly virus, sources close to the President have told CNN.
Having previously rejected the idea of an “Ebola Czar,” Obama relented on Thursday, CNN reports.
“It may make sense for us to have one person … so that after this initial surge of activity, we can have a more regular process just to make sure that we’re crossing all the T’s and dotting all the I’s going forward,” Obama said.
Klain served as Chief of Staff to Vice Presidents Gore and Biden, and spearheaded Gore’s recount efforts in the 2000 presidential election. Having left the Vice President’s office in 2011, he has since become the president of Case Holdings, the holding company for AOL co-founder Steve Case, NBC News reports.
Our new Ebola Czar does not, however, have any medical experience, as CNN reports.
That has not dissuaded Washington Democrats, who applaud Obama’s pick as an excellent choice to “control the message,” especially in advance of the midterm elections, New York Times reports.
“He’ll control the message better than most people would, which is really important from an economic standpoint, from a health standpoint, but it’s also important from a political perspective,” one official said, speaking on the condition of anonymity because no formal announcement had been made.
Klain will be reporting to national security adviser Susan Rice and Obama’s homeland security adviser Lisa Monaco.
They don't have to start rumors. There is already a problem.
By Abbott Michael
Intel Corporation (NASDAQ:INTC)
Intel Corporation (NASDAQ:INTC), the Santa Clara based chip manufacturing company, impressed one and all with its exquisite Q3 earnings heading to $0.66 EPS. Consequently, the company anticipates subtle growth at the apt rate.
Analysts are of the opinion that with the aid of new products to romp across, Intel Corporation (NASDAQ:INTC) should exhibit a substantial lowering in the contra revenue impact. The growth statistics project that INTC had garnered net earnings in Q3, that beat the estimates by $0.01. Revenue notched up also raised this time by a whopping 9%, despite dip and lowering growth in the overall demand for PC businesses.
Intel And Asus Collaboration
However, Intel Corporation (NASDAQ:INTC) made an emphatic debut into the stock market, with the launch of an exquisite product, that is solely powered by atom – Asus PadFone X Mini, in the US market. The product has a dimension of 4.5” and 7” and has been successful in turning a few inquisitive heads!
Opinions And Options
INTC CEO Brian Krzanich commented lately that this phone is exotic since one can use all the facilities characteristic of a phone and that of a tablet. Moreover, the two connections are interconnected; data can be shared across the connections, using two distinct data plans.
In FY 2014, INTC has extensive plans to target the pr
INTC isn't trading that well relative to other stocks and INTC took more of a beating. INTEL management should refute the Morgan Stanley claims before INTC is EBOLIZED.
(NASDAQ:INTC) had its price target increased by RBC Capital from $34.00 to $35.00 in a research report sent to investors on Wednesday morning. The firm currently has a sector perform rating on the stock.
Shares of Intel (NASDAQ:INTC) opened at 30.85 on Wednesday. Intel has a 1-year low of $23.40 and a 1-year high of $35.56. The stock has a 50-day moving average of $34.1 and a 200-day moving average of $30.81. The company has a market cap of $150.5 billion and a price-to-earnings ratio of 14.89.
Intel (NASDAQ:INTC) last issued its quarterly earnings data on Tuesday, October 14th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. The company had revenue of $14.60 billion for the quarter, compared to the consensus estimate of $14.45 billion. During the same quarter in the previous year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that Intel will post $2.23 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 1st. Shareholders of record on Friday, November 7th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Wednesday, November 5th.
Seems like many bought into the microchip slide and then bought again and felt triple squashed after earnings came out so well and the Morgan Stanley downgrade. It seems many bought into that downgrade because the company didn't refute their claim.
Seems to be a lack of demand working well for the Options MM. ARMH is up nicely. This just seems like a crippled freighter. Hope to see improvement.
I was hoping somebody would read that. Pterry damning statistics against Covello. But he wasn't hired for his expertise. More likely because he is a #$%$.
Intel Corporation (NASDAQ:INTC) is a Santa Clara, California based American multinational semiconductor chip maker mostly known for making personal computers (PC’s). The electronic intelligence company released its third quarter report on Tuesday, October 14th and its results gave investors a reason to be excited.
During its Q3 results, Intel reported $0.66 earnings per share. During the same quarter last year, Intel posted $0.58earnings per share. The company earned revenue of $14.6 billion for the quarter. The company’s profit for the quarter was up 8.0% on a year-over-year basis.
This quarter marked the first quarter in which Intel shipped more than 100 million microprocessors, ultimately resulting in Intel’s largest ever quarterly revenue. Intel CEO Brian Krzanich said in a statement, “We are pleased by the progress the company is making. We achieved our best-ever revenue and strong profits in the third quarter. There is more to do, but our results give us confidence that we’re successfully executing to our strategy of extending our products across a broad range of exciting new markets.”
Shares of Intel opened at $32.09 on Tuesday, October 14th. The semiconductor chip company has a 1-year high of $35.56 and a 1-year low of $23.22. The stock’s daily moving average is $32.19 and it has a 50-day moving average of $34.35. The market cap for Intel Corporation (NASDAQ:INTC) is $159.13B and its P/E ratio is 15.92.
Ross Seymore of Deutsche Bank maintained a Buy rating for Intel on October 14th with a $40 price target. Seymore expects the company to continue to increase revenue “given the timing of new product ramps and the potential for cost improvements to lower contra-revenue impact.” Seymore is ranked #52 out of 3,353 TipRanks analysts and has a 68% success rate recommending stocks with a +25.7 average return per recommendation. He has recommended Intel 14 times with a success rate of 79%.
On the other hand on October 14th, James Covello of Goldman Sachs reiterated a Sell rating on Intel with a price target of $20. Skeptical of the PC regaining popularity, Covello anticipated a “solid 3Q report but at best in-line 4Q guidance, as we disagree with the consensus view that Intel’s implied 4Q guidance is conservative.” Covello sees “the stock as meaningfully overvalued relative to growth.” Covello has a 49% success rate recommending stocks with an average return of -1.5% per recommendation. He has recommended Intel 16 times with a success rate of 20%.
Separately on October 13th, Timothy Arcuri of Cowen & Co. r
Intel (NASDAQ:INTC) had its price target increased by FBR Capital Markets from $35.00 to $36.00 in a research report sent to investors on Wednesday morning. The firm currently has an outperform rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Cowen and Company raised their price target on shares of Intel from $33.00 to $34.00 in a research note on Wednesday. They now have a market perform rating on the stock. Separately, analysts at Morgan Stanley downgraded shares of Intel from an equal weight rating to an underweight rating in a research note on Wednesday. They now have a $30.00 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of Intel from $34.00 to $35.00 in a research note on Wednesday. They now have a sector perform rating on the stock. Four research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $34.46.
Sentiment: Strong Buy
Pacific Crest reissued their outperform rating on shares of Intel (NASDAQ:INTC) in a research report released on Wednesday morning. Pacific Crest currently has a $39.00 price objective on the stock, up from their previous price objective of $37.00.
A number of other analysts have also recently weighed in on INTC. Analysts at Barclays reiterated an equal weight rating on shares of Intel in a research note on Wednesday. They now have a $32.00 price target on the stock, up previously from $30.00. Separately, analysts at FBR Capital Markets raised their price target on shares of Intel from $35.00 to $36.00 in a research note on Wednesday. They now have an outperform rating on the stock. Finally, analysts at Cowen and Company raised their price target on shares of Intel from $33.00 to $34.00 in a research note on Wednesday. They now have a market perform rating on the stock. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Intel has a consensus rating of Hold and a consensus target price of $34.46.
Sentiment: Strong Buy
It should break below 16K soon enough..
Sentiment: Strong Buy