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Posts Tagged ‘intel’

October 16th, 2009

Intel Hit a Homerun

(Lee Siler) - This week, it's all about earnings and some of the biggest companies in the world are giving Wall Street a reason to stand up and cheer. Last night Intel beat expectations in every way. Not only did they beat with their earnings and revenue, but also beat on profit margin, while raising their revenue guidance. That was the tri-fecta of earnings reports. That said the stock is trading up pre-market and taking the rest of the market with it.

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October 12th, 2009

Earnings in High Gear

(Lee Siler) - Stocks are set to open higher, as earnings season kicks in to high gear. Later this week we'll see just how well many of our country's biggest companies have been performing. Over the next few days GE, Intel, JNJ, JP Morgan, Google and IBM just to name a few, will surely move the markets one way or the other with their reports. Last quarter the number of stocks on the S&P 500 beating earnings estimates was at record highs due to a pessimistic Wall Street. Although there is still a degree of pessimism with regards to profits, it is certainly better than last quarter.

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July 20th, 2009

Stocks Rally For the Week

(Lee Siler) - Stocks had their best week in months, as some of the old school companies blew out earnings estimates. Companies like Goldman Sachs, Intel and IBM all beat a pessimistic outlook, as it seems analysts may have taken their estimates way too low. Even the banks stocks are coming in better than expected. Bank of America and Citigroup beat views despite a credit loss. Thus far, the majority of companies reporting second quarter earnings are beating views. However, it is still very early in the season. This week will be extremely busy on the earnings front, especially in the tech sector.

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July 15th, 2009

Intel Beats, Market Rallys

(Lee Siler) - Intel, the world's largest computer chip company surprised everybody on Wall Street by significantly beating analyst's estimates on both earnings and revenues.

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April 15th, 2009

Intel Beats the Street

(Lee Siler) - Despite a good earnings report out of Intel, their lack of guidance is putting pressure on the market this morning. Intel announced after the close that they easily beat analysts' profit expectations.

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April 14th, 2009

Goldman Surprises the Street

(Lee Siler) - Despite a good earnings report out of Intel, their lack of guidance is putting pressure on the market this morning. Intel announced after the close that they easily beat analysts' profit expectations. And what's more, said that slumping computers sales are bottoming out.

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