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Fly News Breaks for March 30, 2015
XLNX, INTC, ALTR
Mar 30, 2015 | 06:23 EDT
Citigroup believes Intel's (INTC) potential acquisition of Altera (ALTR), as reported Friday by The Wall Street Journal, would be a slight positive for Intel since Altera's business is high-margin and grows faster than the overall semi sector. Citi also believes the deal would potentially improve Xilinx’s (XLNX) competitive positioning since Intel's foundry is experiencing challenges and Altera would likely be stuck with using Intel foundry if it were acquired. The firm keeps a Neutral rating on Intel with a $32 price target.
News For ALTR;INTC;XLNX From the Last 2 Days
INTC
Apr 25, 2024 | 17:21 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSSnap (SNAP) up... To see the rest of the story go to thefly.com. See Story Here
INTC
Apr 25, 2024 | 16:03 EDT
INTC
Apr 25, 2024 | 16:02 EDT
INTC
Apr 25, 2024 | 13:09 EDT
INTC
Apr 25, 2024 | 13:04 EDT
Pre-earnings options volume in Intel is normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 5.6%, or $1.96, after results are released. Median move over the past eight quarters is 7.8%.
INTC
Apr 25, 2024 | 11:44 EDT
Intel (INTC) is scheduled to report results of its fiscal first quarter after the market close on April 25, with a conference call scheduled for 5:00 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here
