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Although the world’s largest chip maker Intel Corp. (NASDAQ: INTC) reported slightly lower-than-expected fiscal first-quarter earnings and revenue on Tuesday, investors’ faith in the Company remained intact as guidance on the second quarter matched with Wall Street expectations.
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Shares of Life Technologies Corp. (NASDAQ:LIFE) rallied on Friday. According to a report carried on Financial Post newspaper, the gene sequencing company has appointed Deutsche Bank AG and Moelis & Co for a strategic review, which could possibly result in company going private through a leveraged buyout (LB) or being acquired by larger industry players.
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Shares of Tyson Foods Inc. (NYSE: TSN), a meat protein and food production company engaged in the production, distribution and marketing of chicken, beef, pork, prepared foods and related allied products, are soaring in early trading today.
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Shares of Intel Corporation (NASDAQ: INTC), a designer and manufacturer of integrated digital technology platforms, are down sharply in trading today. At last check, INTC shares were trading 3.76% lower at $21.51 on volume of 4.62 million. The stock hit a 52-week low of $21.26 in trading today.
INTC shares are falling after the company [...]
The following stocks were active in after-hours trading on Monday, September 17, 2012.
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In a move to diversify away from stagnating PC market, struggling semiconductor manufacturer, Advanced Micro Devices (NYSE:AMD) announced that it will be lunching energy-efficient server platform focused on vast data and cloud computing—the first major result of its acquisition of SeaMicro.
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Shares of Smith & Wesson Holding Corporation (NASDAQ: SWHC), a provider of products and services for safety, security, protection, and sport, rallied in trading today after the company reported record first-quarter fiscal 2013 financial results.
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Warren Buffett’s investment company Berkshire Hathaway Inc. (NYSE: BRK.A) added new positions in National Oilwell Varco (NYSE: NOV) and Phillips 66 (NYSE: PSX), suggesting that the billionaire investor is bullish on oil companies.
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