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Fly News Breaks for December 29, 2015
ALTR, INTC
Dec 29, 2015 | 07:18 EDT
Following yesterday's close of the Altera (ALTR) acquisition, Citi analyst Christopher Danely keeps a Neutral rating on Intel (INTC). The deal, while expected to be accretive to earnings in the first year post-close, is pricey, Danely tells investors in a research note. The analyst wants to see either sustainable improvement in the PC sector or aggressive cost cuts in Intel's "money-losing" mobility division to get more positive on the stock. Danely has a $34 price target on the chipmaker. Intel closed yesterday down 5c to $34.93.
News For INTC;ALTR 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
