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Fly News Breaks for March 30, 2015
ALTR, INTC
Mar 30, 2015 | 07:32 EDT
Deutsche Bank believes Intel's (INTC) potential buyout of Altera (ALTR) would make strategic sense. It notes that based on the average premium for semi deals, a purchase price for Altera would likely be in the mid- to upper-$40s per share. The stock closed Friday up $9.81 to $44.39 after the Wall Street Journal reported Intel was in advanced talks to buy the chip maker.
News For INTC;ALTR From the Last 2 Days
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