Intel shares slide after first-quarter earnings release

Instinet maintained Intel Corporation (NASDAQ:INTC) on Friday, March 31 with "Buy" rating. Vetr now has $37.50 price objective on the chip maker's stock.

Zacks also provides a simplified scale for analyst recommendations. The current value of the RSI is 66.57 that is neither bought nor sold range. Brean Capital restated a buy rating on shares of Intel in a research note on Tuesday, December 13th.

Several investment firms issued their expert ratings on Intel Corporation (INTC) in which Credit Suisse Downgrades Intel Corporation (INTC) to Neutral by settling a price target of $35 on 3/15/17. Intel has an average rating of "Hold" and a consensus target price of $40.45. They noted that the move was a valuation call. Six equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-six have issued a buy rating to the company.

Senate Confirms Deputy Attorney General in Charge of Russia Probe
The Senate voted unanimously in 2005 to confirm his nomination as US attorney. "From all I see and know about him, I believe Mr. Harris (Calif.), Catherine Cortez Masto (Nev.), Elizabeth Warren (Mass.) and Richard Blumenthal (Conn.).

Shares of Intel (NASDAQ:INTC) opened at 36.93 on Monday. The stock increased 0.16% or $0.06 during the last trading session, reaching $36.93.

Intel Co. has a 52 week low of $29.50 and a 52 week high of $38.45. The P/E ratio was recorded at 17.42.The volatility in the previous week has experienced by 1.13% and observed of 1.24% in the previous month.68.80% ownership is held by institutional investors while insiders hold ownership of 0.04%. Intel also saw some unusual options trading activity on Monday. The stock is trading $35.86 its 50-day moving average by -1.07%. Intel reported its first-quarter earnings rose to $3 billion, or 61 cents a share, from $2 billion, or 42 cents a share, a year earlier. The company had revenue of $16.40 billion for the quarter, compared to analyst estimates of $15.75 billion. The Q2 2017 consensus earnings estimates for the company have stabilized at US$0.64 per share. In the same quarter a year ago, the chip maker reported 54 cents per share and $13.7 billion in revenue.

For the full year 2017, Intel expects non-GAAP EPS of $2.85 within a range of plus or minus 5%, and revenue of approximately $60 billion.

Indo-British Designer Behind McDonald's New Uniform Collection
According to a press release by the company, these uniforms were designed collaboratively by Bindu Rivas and Waraire Boswell . The new, more modern uniforms are grey and black and were reportedly created based on feedback from employees and customers.

WARNING: This story was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this story on another website, it was copied illegally and reposted in violation of USA and worldwide copyright law.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Stockholders of record on Sunday, May 7th will be given a $0.2725 dividend. The ex-dividend date is Wednesday, May 3rd. This is an increase from Intel's previous quarterly dividend of $0.26. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.95%. Intel's payout ratio is presently 49.29%. Looking back over the last month, shares have performed 4.86%. The shares were sold at an average price of $36.28, for a total value of $1,070,151.16. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. And the company's earnings results Thursday, combined with solid guidance could be the catalyst to send INTC stock higher. The disclosure for this sale can be found here. Company insiders own 0.09% of the company's stock. Finally, Prudential PLC raised its position in shares of Intel by 15.4% in the fourth quarter. Union Bankshares Corp now owns 141,790 shares of the chip maker's stock worth $5,352,000 after buying an additional 479 shares in the last quarter. He's done a solid job managing both Intel's growth and the company's costs. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Intel by 0.6% in the third quarter. Its last 5-Year EPS growth stands at -51.30% with earnings growth of -337.00% yoy. Jacobus Wealth Management Inc. purchased a new position in shares of Intel during the third quarter valued at approximately $119,000. Court Place Advisors LLC now owns 128,070 shares of the chip maker's stock valued at $4,835,000 after buying an additional 2,638 shares during the period. Client Computing Group revenue was $8.0 billion, up 6 percent; Data Center Group revenue was $4.2 billion, up 6 percent; and Internet of Things Group revenue of $721 million, up 11 percent.

LEADING OFF: Braves open new park, Moreland near double mark
Ryan Schimpf walked and Erick Aybar was hit by a pitch, setting up Chacin's run-scoring dribbler and Manuel Margot's RBI single. Needing a cane for his walk to the field, Aaron steadied himself with one hand before flipping the ball underhanded to Cox.

Related Articles

  • Dr. Luke's Music Contract Expires Amidst Ongoing Legal Battles with Kesha

    Dr. Luke's Music Contract Expires Amidst Ongoing Legal Battles with Kesha

    The singer later dropped the case to concentrate on defending herself against the NY lawsuit and on restarting her music career. Luke claimed it was Kesha who owed him $1.3 million in unpaid royalties, and failed to provide notice and a 30-day cure period.

    Officers' Reports From United Incident Completely Contradicts Videos

    United CEO Oscar Munoz also pledged a full investigation, with the results expected to be released by the end of the month. Disturbing videos taken by other passengers show him bleeding from the mouth as he was dragged off the plane.
    County unemployment rate falls to 3.8 percent

    County unemployment rate falls to 3.8 percent

    It was one of four counties that saw its unemployment rate drop by 0.7 percent, along with Mercer, Putnam and Van Wert counties. All of the five Kansas counties surrounding Labette also had seasonally unadjusted unemployment reductions in March.
  • US may need stronger defense against North Korea missiles -admiral

    US may need stronger defense against North Korea missiles -admiral

    The mission said North Korea will "surely win a victory in the death-defying struggle against the USA imperialists". The testimony was the latest sobering reminder of growing USA alarm about North Korean capabilities.

    Senate Confirms Ex-Georgia Gov. Sonny Perdue As Agriculture Secretary

    Senate Democratic Leader Chuck Schumer of NY also talked to Trump about the dairy issue last week in a rare phone call between the two men.
    Dodgers call up top prospect Cody Bellinger to help outfield

    Dodgers call up top prospect Cody Bellinger to help outfield

    He was 23 for 67 (.343) with nine extra-base hits (four doubles, five home runs) and a 1.055 OPS in 18 games for the OKC Dodgers. On Tuesday, the Dodgers took a step toward helping their situation by promoting top prospect Cody Bellinger to the majors.
  • Turkey Demands End Of EU Interference In Referendum Outcome

    Turkey Demands End Of EU Interference In Referendum Outcome

    Turkey's president has been required to remain above party politics, but that condition was removed in one of the referendum's 18 amendments.
    Eric Thames slugs a pair of longballs in Brewers' victory

    Eric Thames slugs a pair of longballs in Brewers' victory

    Reds manager Bryan Price said the club is likely to activate C Devin Mesoraco during the team's upcoming weekend series in St. Reds C Devin Mesoraco, on the 10-day DL after right hip surgery, is 18 days into a rehab assignment with Double-A Pensacola.

    Mario Kart 8 Deluxe Review for Nintendo Switch

    On the eve of the latest big Nintendo Switch release, yet another, albeit slightly odd , controller problem has reared its head. Interestingly, analysts are predicting that the mini Switch might expectedly replace the Nintendo 3DS very soon.
  • Turkey issues warrants for 3224 people over alleged links to failed coup

    Turkish media reported that more than 3,000 detention warrants had been issued in the latest operation. The suspects are allegedly Gulen operatives who directed followers within the police force.
    Google Implements New Features to Fight Fake News

    Google Implements New Features to Fight Fake News

    But if it's a query the search engine hasn't seen before, it has fewer sources of context to rely on. The search snippets are boxes of concise information that appear above search results.

    O'Reilly's departure creates new challenges for Fox

    Fox News has led the cable news ratings race for quite some time now, and O'Reilly's scandal didn't severely impact their numbers. The only way to know for sure is to be on the inside; from an outside point of view, the appearance is deeply troubling.