Market Edge has had it listed as a short candidate for about a week now. Looks like today they got the jump on INTC. Hopefully there will be some buying interest.
BNP Paribas initiates Intel With Outperform
Monica Gerson , Benzinga Staff Writer Follow
February 23, 2015 8:20am Comments
Analysts at BNP Paribas initiated coverage on Intel Corporation
with a Outperform rating.
The target price for Intel is set to $42.
Intel shares have gained 39.71% over the past 52 weeks, while the S&P 500 index has surged 14.22% in the same period.
Intel shares jumped 0.58% to close at $34.41 on Friday.
I would hope you are beginning to realize that you are controlled by your tormentors due to your inability to stop talking about every move ARMH makes and arguing with them. It has gotten so bad that 90 % (approx.) of all posts are about you and your tormentors.
On Michael Kors (KORS)' fiscal third-quarter earnings call Thursday, CEO John Idol told analysts and investors that the affordable luxury brand "will be in wearables," and expects to deliver announcements on that front in coming months.
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"That is coming from Michael Kors," Idol said, adding that the brand is not interested in being first to the market. Instead, he wants to take the time to develop a product that's viable for shoppers' everyday lives.
"We think luxury is not just about products, it's about a lifestyle," Idol said.
The company declined to offer further details on what types of wearable tech it will offer.
In September, Fossil (FOSL)—which holds the license for Michael Kors watches—linked up with Intel (INTC) to collaborate on wearable technology for the fashion industry. Idol said on the call that Kors is working with Fossil on that tie-up.
Designers such as Rebecca Minkoff and Tory Burch have already entered the wearable tech space.
For its part, Kors continues to focus on watches and jewelry as a pillar of growth moving forward. Idol said the company sees opportunity for 500 watch and jewelry shop-in-shops worldwide, more than double its current footprint of 230.
Kors on Thursday announced earnings per share of $1.48, easily beating consensus estimates. Its $1.3 billion in sales also topped estimates, though its domestic same-store sales growth slowed to 6.8 percent on a constant currency basis.
Intel (NASDAQ:INTC) was upgraded by Vetr from a “hold” rating to a “buy” rating in a research note issued on Monday. The firm currently has a $37.31 price target on the stock. Vetr‘s price objective suggests a potential upside of 13.30% from the company’s current price.
Shares of Intel (NASDAQ:INTC) traded up 1.06% during mid-day trading on Monday, hitting $33.28. 5,554,836 shares of the company’s stock traded hands. Intel has a 1-year low of $24.30 and a 1-year high of $37.90. The stock’s 50-day moving average is $35.66 and its 200-day moving average is $34.7. The company has a market cap of $158.7 billion and a P/E ratio of 14.26.
Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, January 15th. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.66 by $0.08. The company had revenue of $14.70 billion for the quarter. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. On average, analysts predict that Intel will post $2.37 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Saturday, February 7th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Wednesday, February 4th. This is a boost from Intel’s previous quarterly dividend of $0.23.
PCs: January Data Show ‘Better End of Seasonal,’ Says Wells Fargo
By Tiernan Ray
Wells Fargo’s David Wong, who follows shares of Intel (INTC), among others, today writes that data coming from Taiwanese tech firms in the personal computer supply chain are consistent with projections by Intel, as well as from Seagate Technology (STX) and Western Digital (WDC), for PC shipments in Q1 to decline by 5% to 7% from last quarter, which he considers ”the better-end of normal seasonality.”
Do you expect anything less or greater from the public school system?
Intel Rating Increased to Buy at Vetr Research (INTC)
February 9th, 2015 - 0 comments - Filed Under - by Jamal Genner
Not putting faith in the government in all matters is stupid. You are a very insulting individual. You must actually believe the government is all honesty, lollipops and sugar plums.
Yes, full faith in the benevolent government is the way to go Wallis.
I am always concerned when the government via agency rules or legislation enforce changes. The stated purpose frequently disguises a hidden agenda.
Hamburger Sparkasse Upgrades Intel To Neutral
Monica Gerson , Benzinga Staff Writer Follow
February 09, 2015 8:09am Comments
AMD Had A Huge Thursday...But Should You Buy In?
Morgan Stanley Meets With Intel CFO, Remains Underweight
Intel (Investor's Business Daily)
Analysts at Hamburger Sparkasse upgraded Intel Corporation
from Sell to Neutral.
Intel shares have gained 37.09% over the past 52 weeks, while the S&P 500 index has surged 14.57% in the same period.
Intel's shares dropped 0.11% to $33.26 in pre-market trading.
Latest Ratings for INTC
setting new highs consistently? I believe you mean on occasion and infrequently. Right now it is if it has a disease,.
[It's only trading terribly if you don't regard it as an opportunity.]
I can only buy so many "bargains". Time after time...time has run out...No more dry powder.
That would be nice but it looks like it won't happen.
Sell the next morning seems the only way you can get anywhere with this stock again. Unless you short which I do not do.