|Bid||52.47 x 900|
|Ask||52.49 x 1200|
|Day's Range||52.30 - 53.09|
|52 Week Range||33.23 - 57.60|
|PE Ratio (TTM)||22.77|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||1.20 (2.30%)|
|1y Target Est||60.03|
CNBC's Jon Fortt breaks down who could be the next CEO of Intel after Brian Krzanich stepped down after disclosures about a consensual relationship with a direct report.
With the latest Intel processors finding their way into new systems every month, it's time to take another look at processor candidates for future MacBook Pros.
announced the immediate resignation of its CEO, Brian Krzanich, due to what the company described in a statement as a "past consensual relationship with an Intel employee." Shares of Intel, which closed at a 17-year high on June 1, responded by falling to a one-month low. Now that the stock is well off of its highs, is it time to step in and buy Intel? Note that Intel's 50-day moving average (green) and 200-day moving average (red) are still climbing, which confirms the bullish trend.
Greater transparency and increased scrutiny have translated into higher turnover in the executive suite.
Opinion: Krzanich left huge succession problem at chip maker, which should look outside for a CEOBloomberg News/LandovBrian Krzanich was the sixth CEO in Intel history, and all have been promoted from within. For the first time in its 50-year history, Intel Corp. faces a succession nightmare, and the company will likely have to do something it has never done in response. Chief Executive Brian Krzanich abruptly resigned Thursday morning after Intel (INTC) investigations found that he had violated company policy with a past consensual relationship with an employee.
Advanced Micro Devices, Inc . (NASDAQ: AMD ) shares have climbed 62 percent year-to-date. Yet AMD’s fundamental performance may not be as rosy as the market seems to think, according to Bernstein. The ...
"Obviously a seat like Intel CEO will attract many external candidates, but this seems a particularly tough time for additional leadership/culture churn at Intel," wrote Cowen analyst Matthew Ramsey in a note. At the same time, there are glimmers of optimism that a leadership shake-up at the company could force a culture change at Intel, helping them to better compete with nimble rivals like Nvidia. On Friday, Intel shares rose 0.6% after falling 2.4% on Thursday on news of Krzanich's departure.
Intel Corp. ex-Chief Executive Brian Krzanich’s affair with an employee, which cost him his job this week, started before he was CEO and ended several years ago, according to people familiar with the matter. The relationship, which those people said started about a decade ago, came into public view this week when Mr. Krzanich, 58 years old, resigned after the chip maker determined he had violated company policy by having a relationship with a co-worker. The woman involved in the affair still works at Intel, the people said.
Intel Corp. Chief Executive Brian Krzanich’s abrupt resignation this week creates a quandary for the chip maker’s board: Pick a successor from a thin bench of internal candidates, or turn the storied $243 billion company over to an outsider for the first time in its 50-year history. It has been years since the company has had a president or operating chief, stepping stones for some previous Intel CEOs. Chief Financial Officer Robert Swan, who was named interim CEO on Thursday, told employees in a companywide videoconference that he wasn’t interested in staying on as permanent CEO, according to one employee who watched the webcast.
Investors are waking up to the idea that the trade war between the U.S. and China could be the real deal. Boeing, which counts China as its largest market, single-handedly took 94 points off the Dow Jones Industrial Average that day. The business giants on Wednesday appointed Dr. Atul Gawande as chief executive of a yet-to-be-named company tasked with tackling rising employee health-care costs.
Intel has been trying to provide a range of fixes for so-called speculative execution vulnerabilities known as Spectre and Meltdown since they were unveiled in January. Brian M. Krzanich replacement at Intel INTC will be faced with some unfinished business as it pertains to cybersecurity. Krzanich, who was forced out on Thursday after disclosure of a "consensual relationship with an Intel employee," spent the past six months dealing with the fallout from so-called speculative execution vulnerabilities in Intel microchips, most commonly known as Meltdown and Spectre.
Intel (INTC) announces CEO Brian Krzanich resignation owing to relationship with an employee. The chipmaker raises second-quarter fiscal 2018 outlook to satiate shareholders and investors.
Intel (INTC) has raised its outlook for the second quarter. Intel now plans to deliver $16.9 billion in revenues, which is higher than $16.3 billion forecast previously. Intel’s raised guidance for the second quarter indicates that the company is on track with its transformation from a computer-centric to data-centric company.
** S&P 500 falls for first time in five weeks, finishes down ~1 pct as U.S.-China trade tensions escalate ** Indeed, SPX and DJI see weak trade on the charts ** And DJI has its longest losing streak since ...
Intel (INTC) management was shaken up yesterday after the chipmaker announced the immediate resignation of Brian Krzanich, CEO and member of the board of directors. INTC stock fell 1.5% yesterday when the news broke, and it ended the day down 2.4% at $52.19. Intel’s announcement of Krzanich’s resignation came after an investigation by internal and external counsel that revealed that he had violated Intel’s non-fraternization policy with his past relationship with an Intel employee.
Former Intel Corp. (intc) Chief Technology Officer and current VMware Inc. (vmw) Chief Executive Pat Gelsinger said Friday he doesn't want the CEO spot at Intel. In a tweet, Gelsinger said that he "loved" the CEO job at VMware and that the "future is software." Former Intel CEO Brian Krzanich stepped down Thursday after the semiconductor giant said he had violated the company's policies through a consensual relationship with another employee. Intel stock is up 0.9% to $52.64 in early afternoon trading.
After a week of ups and downs, markets were mixed on Friday. Oil prices rose after OPEC reached an agreement to boost production. Energy stocks gained. Bank stocks were generally higher following the results of the Fed's first round of CCAR or its "stress test.