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Intel Corp (INTC.O)

INTC.O on Nasdaq

35.27USD
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

SEC accuses two Israeli residents of insider trading ahead of Intel-Mobileye merger
Thursday, 23 Mar 2017 03:11pm EDT 

SEC Files Lawsuit Accusing Two Israeli Residents Of Insider Trading Ahead Of Intel's : Agreement to buy Mobileye - court filing . SEC says Ariel Darvasi, Amir Waldman conducted "remarkably timed" purchases that resulted in more than $4.9 million realized, unrealized profits . SEC says defendants were connected to Mobileye insiders through Hebrew University of Jerusalem . SEC says the university developed Mobileye technology and produced numerous current directors and officers at the company . SEC says Darvasi, a genetics professor, made about $427,000 of profit, while Waldman, an engineer, made about $4.5 million profit . SEC wins temporary freeze over assets belonging to defendants in two brokerage accounts - court order Further company coverage: [INTC.O].  Full Article

Intel raises quarterly dividend by 5 pct
Thursday, 23 Mar 2017 09:05am EDT 

Intel Corp : Increases quarterly dividend by 5 percent .Intel corp - board of directors has declared a quarterly dividend of $0.2725 cents per share.  Full Article

Intel says John Donahoe informs he will not stand for re-election to board
Monday, 6 Mar 2017 04:39pm EST 

Intel Corp : Intel-On March 2, John J. Donahoe informed co that he will not stand for re-election to Intel's board - SEC filing .Intel - Donahoe will continue to serve as co's independent lead director, will maintain board memberships until 2017 annual stockholders' meeting.  Full Article

Nokia and Intel launch 5G acceleration labs
Tuesday, 21 Feb 2017 10:25am EST 

Nokia Corp : Nokia and Intel launch 5G acceleration labs in U.S. and Finland to help operators bring 5G innovations to market .The labs will leverage core technologies, including Nokia AirScale and Nokia AirFrame, and client and infrastructure platforms running on Intel® Architecture, as well as Intel 5G connectivity solutions.  Full Article

NVIDIA Corp says GPU business revenue for the fourth quarter was $1.85 billion, up 57 percent from a year earlier
Thursday, 9 Feb 2017 04:24pm EST 

NVIDIA Corp : NVIDIA Corp says GPU business revenue for the fourth quarter was $1.85 billion, up 57 percent from a year earlier . NVIDIA Corp says qtrly automotive revenue $128 million versus $93 million .NVIDIA Corp says license revenue from patent license agreement with Intel remained flat at $66 million for the fourth quarter.  Full Article

CCI approves acquisition of majority equity stake of Intel’s security business by TPG Group
Wednesday, 8 Feb 2017 06:52am EST 

Competition Commission of India: Approves acquisition of majority equity stake of Intel’s security business by TPG Group Further company coverage: [INTC.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Intel reports Q4 EPS of $0.73
Thursday, 26 Jan 2017 04:05pm EST 

Intel Corp : Reports quarterly revenue of $16.4 billion . Q4 client computing group revenue of $9.1 billion, up 4 percent year-over-year . Qtrly earnings per share $0.73 . Q4 data center group revenue of $4.7 billion, up 8 percent year-over-year . Q4 internet of things group revenue of $726 million, up 16 percent year-over-year . Sees FY 2017 non-GAAP gross margin 63 pct, +/- a couple percent points . Qtrly GAAP revenue $16.4 billion versus $14.9 billion last year . Sees FY 2017 GAAP revenue flat . Sees FY 2017 non gaap revenue flat . Qtrly gross margin 61.7 percent versus 64.3 percent last year . Sees Q1 non-GAAP gross margin percentage 63%, +/- a couple percent points . Sees FY 2017 GAAP gross margin 62 percent, +/- a couple percent points . Sees Q1 GAAP revenue $14.8 billion, +/- 500 million . Sees FY 2017 capex $12.0 billion, +/- 500 million . Sees Q1 non-GAAP revenue $14.8 billion, +/- 500 million . Sees Q1 GAAP gross margin percentage 62 percent, +/- a couple percent points . consistent with prior outlook, total restructuring, other charges expected to be $2.3 billion; about $1.9 billion was realized in 2016 . Q4 earnings per share view $0.74, revenue view $15.75 billion -- Thomson Reuters I/B/E/S . Q1 revenue view $14.53 billion -- Thomson Reuters I/B/E/S . FY2017 revenue view $60.91 billion -- Thomson Reuters I/B/E/S Source (http://bit.ly/2kybFZI) Further company coverage: [INTC.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Vuzix gets letter from Intel
Wednesday, 16 Nov 2016 05:31pm EST 

Vuzix Corp : Vuzix Corp - over last two years, Vuzix's collaboration work with Intel has not generated material revenue to company - SEC filing . Vuzix - Intel added that it wanted to work with Vuzix to undertake an orderly disposition of Intel's stock, subject to pricing and other conditions . Vuzix - On Nov. 10, co got letter from Intel that it had been evaluating alternatives with respect to investment in, strategic relationship with co .Vuzix - On Nov. 10, co got letter from Intel also stating that it has concluded that it no longer desires to pursue a strategic relationship with Vuzix.  Full Article

Mgt Capital Investments says company and John Mcafee filed a lawsuit in U.S. district court
Tuesday, 6 Sep 2016 08:45am EDT 

Mgt Capital Investments Inc : Says company and John Mcafee filed a lawsuit in United States district court, southern district of New York .Lawsuit seeking judgment that co's use of "John Mcafee Global Technologies, Inc." does not infringe upon any trademark rights of Intel.  Full Article

TPG held preliminary discussions with Intel to buy Mcafee - Bloomberg
Thursday, 1 Sep 2016 01:57pm EDT 

:TPG held preliminary discussions with Intel to buy Mcafee in deal that could value Mcafee at as much as $3 billion- Bloomberg, citing sources.  Full Article

More From Around the Web

UPDATE 2-SEC charges two Israeli residents with Mobileye insider trading

NEW YORK, March 23 Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel Corp for $15.3 billion.