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Intel Corp

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  • US stocks await GDP; Greece may weigh Friday, 29 May 2015 | 6:11 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock markets looked set for a lower open on Friday, as uncertainty over Greece weighed on European shares and U.S. stock index futures.

  • Intel closes in on $17B deal for Altera: Reports Friday, 29 May 2015 | 3:28 AM ET
    Visitors take pictures next to the Intel logo outside of company headquarters in Santa Clara, California.

    Intel is close to a deal to buy smaller chipmaker Altera for at least $15 billion, according to published reports.

  • Intel nears $15 bln deal to buy Altera - NY Post Friday, 29 May 2015 | 1:07 AM ET

    May 29- Intel Corp is close to a deal to buy smaller chip maker Altera Corp for about $15 billion, the New York Post reported. The deal price could be as much as $54 a share, a 15 percent premium over Altera's Thursday closing price of $46.97, the New York Post reported, citing a source close to the situation. Altera in April rejected an unsolicited $54 per share offer from...

  • May 28- Avago Technologies Ltd's $37 billion deal to buy chipmaker Broadcom Corp creates new competitive challenges for Qualcomm and may force the world's largest mobile chip maker to radically rethink its own strategy. Qualcomm Inc, which has dominated the market for connectivity chips on smartphones, has been looking to extend its reach into data centers...

  • Stocks end lower as Greece weighs, transports lag Thursday, 28 May 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed Thursday's trading session down as a lack of resolution on Greece debt talks and declining transports weighed.

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed to buy Broadcom Corp for $37 billion in the biggest chip industry deal ever, creating a company that will be able to supply chips used in everything from iPhones to servers used in data centers. Avago, a maker of chips for the wireless and industrial markets, is offering...

  • NEW YORK— Avago Technologies is buying rival chipmaker Broadcom in a cash and stock deal worth about $37 billion, vastly expanding its lineup of products for the rapidly growing wireless device market at a time when sales growth has otherwise been tough to come by for smaller chipmakers. Hock Tan, Avago's president and chief executive, says that the deal will...

  • Avago Technologies' second-quarter earnings doubled and it said it would buy rival chipmaker Broadcom in a $37 billion cash-and-stock deal. Avago's earnings jumped to $344 million, or $1.21 per share, in a performance fueled partially by growth from a previous acquisition. Last year, Avago brought LSI Corp. for $6.6 billion and then later sold that company's...

  • US stocks regain ground a day after a slump Wednesday, 27 May 2015 | 4:12 PM ET

    NEW YORK— The U.S. stock market is regaining some of the ground it lost the day before, when the market had its biggest slump in three weeks. Microsoft, Apple and Intel had the biggest gains in the Dow Jones industrial average. U.S. crude gave up 52 cents to close at $57.10 a barrel.

  • US stocks move higher in midday trade, day after a slump Wednesday, 27 May 2015 | 12:01 PM ET

    NEW YORK— The U.S. stock market is moving higher in midday trading, making back some of the ground it lost the day before. Apple, Microsoft and Intel had the biggest gains in the Dow Jones industrial average. The Dow was up 114 points, or 0.6 percent, to 18,154 as of 11:45 a.m. Eastern time Wednesday.

  • Bet on these trends: Top tech investor Wednesday, 27 May 2015 | 11:41 AM ET
    Apple Watch CNBC app.

    Kevin Landis, the top-performing fund manager in the "Squawk Box" Platinum Portfolio Challenge, up 34 percent this year, explains how he picks winning trades.

  • May 26- Data storage products maker EMC Corp said it would buy privately held Virtustream for about $1.2 billion in cash to expand its cloud offerings. EMC has been looking to strengthen its cloud services offerings as it struggles with slowing sales growth in its main data storage products business. "With the addition of Virtustream, EMC will enable customers...

  • Boomers like GE, but everybody really loves... Friday, 22 May 2015 | 7:30 AM ET
    The General Electric Co. (GE) logo is displayed during the company's annual meeting.

    Baby boomers' portfolios favor General Electric more than any other stock except one, TD Ameritrade data showed.

  • How to play tech's China problems: Expert Thursday, 21 May 2015 | 2:43 PM ET
    Audience members watch a movie through 3D glasse at an IMAX theatre in Wuhan of Hubei Province, China.

    U.S. tech firms have been encountering growing hurdles in China. Here's what Jim Oberweis would avoid and what he would buy.

  • BEIJING, May 19- Hewlett-Packard Co has agreed to sell a controlling 51 percent stake in its China-based data-networking business, estimated to be worth more than $2 billion, to Tsinghua Unigroup, a spokesperson for the Chinese private equity fund's parent company said on Tuesday. Li Zhongxiang, a spokesman for state-backed Tsinghua Holdings, which controls...

  • *Altera rallies on Intel M&A report. U.S. homebuilder sentiment fell in May although most builders view market conditions as favorable, the National Association of Home Builders said on Monday. "It's becoming more of the collective thought that the Fed can wait, because you really don't see any blistering growth," said Kurt Brunner, a portfolio manager at...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, with the Dow and S&P setting records, as investors shook off concerns about Greek debt and a renewed rise in bond yields.

  • *Altera rallies on Intel M&A report. "It's becoming more of the collective thought that the Fed can wait because you really don't see any blistering growth," said Kurt Brunner, a portfolio manager at Swarthmore Group in Philadelphia. Apple's shares rose 1.39 percent to $130.57 after billionaire investor Carl Icahn said the stock was "still dramatically...

  • US STOCKS-Dow, S&P touch record highs Monday, 18 May 2015 | 1:04 PM ET

    *Ann rises after Ascena Retail takeover offer. The National Association of Home Builders/Wells Fargo Housing Market index fell to 54 from 56 in April. "Right now with the way things are going, especially with the yield curve getting steeper, it's going to be less and less likely the Fed will raise rates in September," John Burke, CEO of Burke Financial Strategies in...

  • Why Netflix is at $600 Monday, 18 May 2015 | 11:06 AM ET
    The Netflix Inc. website displays the 'House of Cards' series.

    Here's the real reason why Netflix is at $600, says Michael Yoshikami.