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Intel’s Earnings Report Will Tell Us a Lot About Its Future

That was below the $13.56 billion expected by analysts in the FactSet survey. Parasol Investment Management LLC boosted its position in shares of Intel Corp.by 34.3% in the second quarter.

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Intel Corp reported a 2.6 per cent rise in quarterly revenue, boosted by strong sales of its microchips that power data centers and Internet-connected devices. American National Bank now owns 4,459 shares of the chip maker’s stock valued at $146,000 after buying an additional 2,265 shares during the last quarter. Company has a sales growth for the last five (5) years is valued at 4.90%. Company has a 52-Week High of -0.88% and a 52-Week Low of 44.17%. And we think its stock price has almost unlimited room to run for early in-the-know investors! For the period ending on 2016-03-31 the company reported earnings per share of $0.29.

Intel Corporation INTC just released its second quarter fiscal 2016 earnings results, posting earnings of $0.59 per share (excluding special items) and revenue of $13.53 billion. However, the company’s actual revenue growth in this segment has more often than not missed the mark over the last several years. The EPS growth in the running year displays a value of 0.80%. This represents a $1.04 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Wednesday, August 3rd. Renaissance Investment Group reduced its stake in INTC by selling 350 shares or 0.94% in the most recent quarter.

The market cap of 166119.47 for Intel Corporation in today’s market indicated its current strength, making the company’s shares a lucrative one. Pacific Crest increased their price objective on shares of Intel Corp. from $37.00 to $38.00 and gave the company an “overweight” rating in a report on Thursday.

Intel Corporation (NASDAQ:INTC) posted Q2 earnings report yesterday after the close of market. The average rating on the stock is the equivalent to buy, while the median 12-month price target on the stock among a poll of roughly 40 analysts is $35.93. There are 15 equity research firms suggesting a Hold and 0 consider it Sell.

Intel Corporation’s target price was set to 35.69 with an IPO date at 3/17/1980. The stock was sold at an average price of $30.35, for a total value of $1,295,459.40. The Hedge Fund company now holds 63,005 shares of INTC which is valued at $2,142,170. The disclosure for this sale can be found here.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide.

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Client Computing Group revenue of $7.3 billion, down 3% sequentially and down 3% from past year. The companys platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, in addition to for retail, transportation, industrial, buildings, home use, and other market segments.

Intel's most profitable business division disappoints