ASML Holding reported forecast-beating results on the back of stronger-than-expected demand from memory chip makers, sending its shares to a new high.» Read More
*Ibiden, Shinko Electric fall on Intel's weaker-than-expected forecast. TOKYO, Jan 16- Japan's Nikkei share average fell 2.3 percent on Friday morning after U.S. stocks dropped for a fifth day and the yen rose after Switzerland abandoned its cap on the franc, hurting Japanese exporters such as electronics and car manufacturers. nearing a one-month low of...
Charles Sizemore, CIO of Sizemore Capital Management, says profit-taking and gloomy market sentiment could have weighed on Intel's stock overnight.
SAN FRANCISCO, Jan 15- Four Silicon Valley companies including Apple Inc and Google Inc agreed to pay $415 million to resolve an antitrust class action lawsuit by tech workers who accused the firms of conspiring to avoid poaching each other's employees, according to a court filing on Thursday. Plaintiffs accused Apple, Google, Intel Corp and Adobe Systems Inc in...
SAN FRANCISCO— Apple, Google and two other Silicon Valley companies have agreed to pay $415 million in a second attempt to resolve a class-action lawsuit alleging they formed an illegal cartel to prevent their workers from leaving for better-paying jobs. If Koh approves the latest settlement, it would avoid a potentially embarrassing trial over claims that...
*Bank of America, Citi fall after results. *Swiss National Bank scraps three-year-old euro cap on franc. "We're probably going to see slowing in the global economy, and it will be very difficult to sail through a global recession without getting touched," said Scott Colyer, chief executive officer of Advisors Asset Management in Monument, Colorado.
Check out which companies are making headlines after the bell Thursday: Intel, Regal Entertainment, Schlumberger & more.
Wall Street will pay even more attention than usual to Friday's consumer price index, or CPI.
Jan 15- Chipmaker Intel Corp forecast current-quarter revenue and gross margins that disappointed investors, sending its shares down about 2 percent in extended trading. "The top line looked a little bit light of the Street and gross margin looked a little bit light," Christopher Rolland, an analyst at FBR Capital Markets, said. Net income rose to $3.66 billion, or...
As companies face growing threats from hackers, four cyber security firms are have joined forces to share intelligence.
Jan 15- Intel Corp reported a 6.4 percent rise in quarterly revenue as sales of personal computers stabilized. Net income rose to $3.66 billion, or 74 cents per share, for the quarter ended Dec. 27, from $2.6 billion, or 51 cents per share, a year earlier. Revenue rose to $14.7 billion from $13.8 billion.
Stocks fell Thursday, extending losses into a fifth day.
SANTA CLARA, Calif.— Intel Corp. on Thursday reported a 39 percent increase in its fourth-quarter profit, helped in part by an improved market for personal computers. Analysts surveyed by Zacks Investment Research were anticipating earnings of 66 cents per share on revenue of $14.71 billion. Intel CEO Brian Krzanich said the quarter was a strong finish to a...
Intel issued first-quarter guidance that was light of Street expectations, sending shares down more than 2 percent in after-hour trading.
Intel is reporting EPS beat of $0.74 on revenue beat of $14.72 billion, with CNBC's Josh Lipton.
Retailers and industry experts were decidedly more optimistic at the National Retail Federation's annual show.
Advanced Micro Devices Inc. fell 4.2 percent to $2.52 with 17,665,500 shares traded. Apple Inc. fell 2.7 percent to $106.82 with 57,508,800 shares traded. Applied Materials Inc. rose 1.3 percent to $23.33 with 25,923,800 shares traded.
Yields on U.S. government debt were lower on Thursday after U.S. jobless claims and producer data.
*Bank of America, Citi down after results. NEW YORK, Jan 15- U.S. stocks were little changed in choppy trading on Thursday, as investors wrestled with the ramifications with a move by the Swiss National Bank to scrap its three-year euro cap on the franc. Swiss stocks traded in the U.S. moved higher, Credit Suisse, up 0.7 percent at $22.98 and Novartis, up 1.9 percent to...
Any chance for upside remains slim when Intel reports quarterly earnings Thursday afternoon, Rosenblatt Securities' Brian Blair tells CNBC.