Company News for September 10, 2012

Zacks

•    Apple Inc. (NASDAQ:AAPL), the biggest customer for noise-filtering chips of Audience Inc (NASDAQ:ADNC) said it will stop using the latter’s technology. Subsequently, Audience’s shares crashed 63.4%

•    Dell Inc. (NASDAQ:DELL) announced its first cash dividend and will be paying $0.08 a share next month

•    Weak demand on the back of soft macroeconomic conditions led tech-heavyweight Intel Corporation (NASDAQ:INTC) to slash its revenue forecasts to $13.2 billion, down from a previous projection of $13.8 billion to $14.8 million

•    Shares of VeriFone Systems Inc (NYSE:PAY) jumped 6.3% after reporting net income per share of $0.64 (excluding one-time charges but including stock-based compensation expense), outpacing the Zacks Consensus Estimate of $0.61
 

Read the analyst report on AAPL

Read the analyst report on ADNC

Read the analyst report on DELL

Read the analyst report on INTC

Read the analyst report on PAY

Zacks Investment Research



More From Zacks.com
View Comments