The summer's No. 1 stock so far has been undeniable, but you might not have notice the others on this list, USA Today reports.» Read More
July 16- Intel Corp's shares rose as much as 7 percent to a decade-high, after the world's largest chipmaker forecast quarterly revenue above analysts' estimates on demand from companies looking to replace old PCs. The broker actions came after Intel forecast on Tuesday third-quarter revenue above the average analyst estimate.
*China data boosts stocks and oil outlook. NEW YORK, July 16- Stock markets around the world rose on Wednesday as strong China growth data and solid U.S. company earnings boosted sentiment and concerns eased over the strength of Portugal's largest listed lender.
*Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 18.1 percent to $83.87 as the biggest boost to the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.
Bank results are on a roll, and it's picking up speed. Yet these stocks are starting to look pricey.
NEW YORK, July 16- U.S. stock rose on Wednesday, led by tech shares after Intel's earnings and word of a partnership between IBM and Apple, while Time Warner Inc rallied on news it rebuffed a takeover attempt from Rupert Murdoch's Twenty-First Century Fox.
Time Warner shares jumped 15.3 percent to $81.86 before the bell as Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down. *A partnership struck between IBM and Apple Inc will serve to boost indexes. IBM shares gained 1.8 percent to $191.85 and Apple advanced 2.1 percent to $97.35 in premarket.
Some of the names on the move ahead of the open.
*Intel climbs in premarket on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. *IBM will partner exclusively with Apple Inc to sell iPhones and iPads loaded with applications geared at enterprise clients this fall, the companies announced late Tuesday.
TAIPEI, July 16- Taiwan Semiconductor Manufacturing Co Ltd, the world's largest contract chip manufacturer, expects revenue to grow at least a record 20 percent this year thanks to increased demand from smartphone makers like Apple Inc..
Cody Acree, Ascendiant Capital Markets, discuss what Intel's better-than-expected quarterly results says about the future of the tech giant and the PC market.
Asian stocks were mixed in choppy trade on Wednesday despite better-than-expected growth data from China.
*Intel stock up more than 4 pct after beating estimates. SYDNEY, July 16- Asian stocks held stubbornly steady on Wednesday after China reported economic growth that was just ahead of market expectations, drawing a sigh of relief from investors rather than outright applause.
*Intel stock up more than 4 pct after beating estimates. SYDNEY, July 16- Asian stocks held stubbornly steady on Wednesday after China reported economic growth that was just ahead of market expectations, enough to prompt a sigh of relief from investors, but little else.
The combination of strong second quarter earnings and above consensus guidance for the next few quarters will boost Intel shares, says Edward Snyder, Managing Director at Charter Equity Research.
SAN FRANCISCO, July 15- Intel Corp believes the worst is over for a personal computer industry hammered by the mobile revolution. Investors have pushed shares of PC mainstays Microsoft Corp and Intel to decade-highs, partly on bets that the global slump in PC demand that began with Apple Inc's launch of the iPad four years ago is hitting bottom.
Stocks may respond more to earnings news than the Fed Wednesday, now that Fed Chair Janet Yellen's first day of testimony is out of the way.
Apple and IBM stocks stocks were up slightly after the firms announced a partnership in which IBM will create business apps for the iPhone and iPad.
A partnership between Apple and IBM is among the headlines after the bell Tuesday: Apple, IBM, Intel, Yahoo & more.
SAN FRANCISCO, July 15- Intel Corp forecast third-quarter revenue above Wall Street's expectations and said it would return more cash to shareholders, signaling that a shrinking personal computer industry may be stabilizing.
Stocks fell Tuesday after Federal Reserve Chair Janet Yellen said the central bank could hike rates sooner than expected.