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July 23, 2021
Wall Street ekes out gains, led by tech, growth stocks Updated: 2021-07-23 05:43 [Photo/Agencies] NEW YORK - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks. A pull-back in economically sensitive cyclicals kept the S&P 500s and the blue-chip Dows gains muted, while small-caps underperformed their larger rivals. But megacap tech and...
June 23, 2021
Stephen NellisNivedita Balu 3 minute read June 22 (Reuters) - Chipmaker Intel Corp (INTC.O) said on Tuesday it would create two new business units that would focus separately on software and high-performance computing and graphics. Intel also said current executives Sandra Rivera and Raja Koduri will take on new senior leadership roles, while technology industry veterans Nick McKeown and Greg Lavender will join the company. Lavender, who most recently served as senior vice president and chief t...
June 23, 2021
Intel to create two new units for software and graphics By Syndicated Content Jun 22, 2021 | 3:16 PM (Reuters) – Chipmaker Intel Corp said on Tuesday it would create two new businesses that focus separately on software and high-performance computing and graphics. (Reporting by Nivedita Balu in Bengaluru; Editing by Ramakrishnan M.) ); } return false; }); $(#comments .commentlist .comment-content a).attr(target,_blank); });
May 20, 2021
By Syndicated Content May 19, 2021 | 4:13 PM (Reuters) â Chipmaker Intel Corpâs shareholders did not approve an executive compensation plan of its listed officers, according to a regulatory filing on Wednesday. The decision, on a non-binding advisory basis, was taken at the companyâs annual stockholder meeting on May 13. (https://bit.ly/3tWxAJe) Intel shareholders also rejected a proposal for a report on median pay gaps across race and gender within the company. In re...
May 19, 2021
Intel shareholders reject executive compensation plan -filing 05/19/2021 22:01 (Reuters) -Chipmaker Intel Corps shareholders did not approve an executive compensation plan of its listed officers, according to a regulatory filing on Wednesday. The decision, on a nonbinding advisory basis, was taken at the companys annual stockholder meeting on May 13. (https://bit.ly/3tWxAJe) In a statement, Intel said it "has a long-standing commitment to pay-for-performance, which holds executive officers acco...
April 23, 2021
A roundup of some of the North American equities making moves in both directions
April 22, 2021
* Southwest Airlines rises on smaller-than-expected loss * U.S. weekly jobless claims decline further * Indexes Down: Dow 0.44%, S&P 0.18%, Nasdaq 0.07% (Updates prices to open) April 22 (Reuters) - The S&P 500 and Dow Jones indexes edged lower on Thursday as a resurgence of COVID-19 cases globally sapped appetite for stocks, with data showing tepid U.S. home sales adding to the grim mood. Investor sentiment dulled in the first half hour of trading, with eight of the 11 major S&P 500 sectors in...
April 22, 2021
* U.S. weekly jobless claims decline further * Indexes down: Dow 0.94%, S&P 500 0.92%, Nasdaq 0.94% (Adds Intel earnings) By Herbert Lash NEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big techs earnings next week. The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on...
April 22, 2021
U.S. stocks close down on news of Biden tax proposal By Herbert Lash Reuters NEW YORK (Reuters) -U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big techs earnings next week. The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress. "I...
April 21, 2021
Intel CEO to travel to Europe to meet officials, customers FILE PHOTO: The logo for the Intel Corporation is seen on a sign outside the Fab 42 microprocessor manufacturing site in Chandler, Arizona, U.S., October 2, 2020. REUTERS/Nathan Frandino April 21, 2021 BERLIN (Reuters) – Chipmaker Intel Corp confirmed on Wednesday that Chief Executive Pat Gelsinger will travel to Europe next week to meet with European Union officials and customers. Intel said last month that it will build a major ...