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Intel Corp (INTC.O)

INTC.O on Nasdaq

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8 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Brigade Enterprises partners with Microsoft, Intel for real estate accelerator program
Monday, 21 Nov 2016 05:39am EST 

Brigade Enterprises Ltd :Strategic partnerships with Microsoft & Intel to benefit startups in its technology focused real estate accelerator program.  Full Article

Intel says acquiring VR startup Voke; financial terms not disclosed
Thursday, 3 Nov 2016 12:36pm EDT 

Intel Corp :Acquiring VR startup VOKE for immersive sports; financial terms are not being disclosed.  Full Article

Visa, Intel to work on payment security for connected devices
Monday, 24 Oct 2016 08:00am EDT 

Visa Inc : Visa and Intel collaborate to drive better payment security for connected devices . Visa - co, Intel working to integrate Visa's encryption technology with intel data protection technology to "provide more secure data transmission" .Visa - Intel data protection technology for transactions will support use cases in which card data is accepted through non-traditional payment channels.  Full Article

Intel Q3 NON-GAAP EPS of $0.80
Tuesday, 18 Oct 2016 04:47pm EDT 

Intel Corp : Intel reports Q3 rev of $15.8 bln, up 9 pct year-over-year; operating profit of $4.5 billion . Q3 GAAP EPS $0.69 . Q3 client computing group rev of $8.9 bln, up 21 percent sequentially and up 5 percent year-over-year . Q3 Internet of Things group revenue of $689 mln, up 20 pct sequentially and up 19 pct year-over-year . Qtrly data center group revenue of $4.5 bln, up 13 pct sequentially and up 10 percent yearover-year . Intel corp - qtrly non-gaap operating income of $5.1 billion, net income of $3.9 bln and EPS of $0.80 . Qtrly programmable solutions group rev of $425 mln, down 9 pct sequentially . Q3 gross margin 63.3 percent vs. 63 percent .Q3 earnings per share view $0.73, revenue view $15.58 billion -- Thomson Reuters I/B/E/S.  Full Article

Intel sees Q4 revenue of $15.7 bln, plus or minus $500 mln
Tuesday, 18 Oct 2016 04:01pm EDT 

Intel Corp : Revenue is expected to be $15.7 billion, plus or minus $500 million in the fourth quarter . GAAP gross margin in the fourth quarter is expected to be 61 percent, plus or minus a couple of points . Sees Q4 non-GAAP revenue $15.7 billion, plus or minus $500 million . Sees Q4 non-GAAP gross margin percentage 63 percent, plus or minus a couple percent points . Sees Q4 non-GAAP research and development plus MG&A spending about $5.2 billion . Approximately $1.8 billion restructuring and other charges have been realized to-date, with $250 million expected in the fourth quarter . Total restructuring, other charges expected to be $2.3 billion, with majority of remaining charges to be realized between now and middle of 2017 . Sees full-year 2016 capital spending of $9.5 billion, plus or minus $500 million . FY2016 revenue view $58.65 billion -- Thomson Reuters I/B/E/S Source: http://bit.ly/2eeVLzW Further company coverage: [INTC.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Intel appoints Bob Swan executive vice president and chief financial officer
Monday, 19 Sep 2016 04:01pm EDT 

Intel Corp : Intel appoints Bob Swan executive vice president and chief financial officer . Swan joins Intel from growth equity firm General Atlantic where he served as an operating partner .Intel says Robert Swan replaces Stacy Smith, who, as previously announced, is taking a broader role within Intel leading manufacturing, sales and operations.  Full Article

Thalmic labs announces $120 mln in series B funding by Intel Capital
Monday, 19 Sep 2016 08:00am EDT 

Intel Corp :Thalmic Labs announces $120 million usd in series B funding led by Intel Capital.  Full Article

Intel raises third-quarter revenue expectations
Friday, 16 Sep 2016 09:00am EDT 

Intel corp : Raises third quarter revenue expectations . Sees Q3 revenue about $15.6 billion . Says expects third-quarter revenue to be $15.6 billion, plus or minus $300 million . Q3 revenue view $14.90 billion -- Thomson Reuters I/B/E/S . Says forecasting mid-point of third-quarter GAAP gross margin range at 62 percent . Says midpoint of third-quarter non-GAAP gross margin range is now forecasted at 63 percent .Co says "increase in revenue is primarily driven by replenishment of PC supply chain inventory".  Full Article

Intel says board has declared a quarterly dividend of 26 cents per share
Thursday, 15 Sep 2016 09:01am EDT 

Intel Corp :Intel Corp says board of directors has declared a quarterly dividend of 26 cents per share.  Full Article

Intel and TPG to collaborate to establish McAfee as a cybersecurity company valued at $4.2 bln
Wednesday, 7 Sep 2016 04:06pm EDT 

Intel Corp : Intel and TPG to collaborate to establish McAfee as leading independent cybersecurity company valued at $4.2 billion . Intel to receive $3.1 billion in cash and retain 49 percent stake after completion of transaction . Intel Corp says Chris Young will be appointed CEO of new company upon closing of transaction . TPG to own 51 percent of new company, which will be named McAfee . TPG is making a $1.1 billion equity investment to help drive growth and enhance focus as a standalone business . Debt initially will be financed by Intel until completion of audited financial statements for McAfee .Deal based on an equity value of about $2.2 billion plus McAfee net debt of about $2 billion.  Full Article

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Delphi, Mobileye to use Intel chip for self-driving car system

Auto parts maker Delphi Automotive Plc and Israeli technology firm Mobileye NV will put an Intel Corp chip at the heart of their joint effort to produce self-driving vehicles by 2019, the companies said on Tuesday.