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Wall Street ekes out gains, led by tech, growth stocks - Vimarsana News

Wall Street ekes out gains, led by tech, growth stocks

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 500's and the blue-chip Dow's gains muted, while small-caps underperformed their larger rivals. But megacap tech and tech-adjacent stocks, such as Microsoft Corp, Amazon.com, Apple Inc, Facebook Inc and Alphabet In...

Intel to create new units for software, high-performance computing - Vimarsana News

Intel to create new units for software, high-performance computing

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 technology officer of VMware, will be the general manager of the new software and advanced technology...

Intel to create two new units for software and graphics - Vimarsana News

Intel to create two new units for software and graphics

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'); });

Source: wsau.com
Intel shareholders reject executive compensation plan – filing - Vimarsana News

Intel shareholders reject executive compensation plan – filing

By Syndicated Content May 19, 2021 | 4:13 PM (Reuters) – Chipmaker Intel Corp’s 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 company’s 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 recent years, Intel has struggled with building new manufacturing technology causing it to fall behind...

Source: wsau.com
Intel shareholders reject executive compensation plan -filing - Netscape Money & Business - Vimarsana News

Intel shareholders reject executive compensation plan -filing - Netscape Money & Business

Intel shareholders reject executive compensation plan -filing 05/19/2021 22:01 (Reuters) -Chipmaker Intel Corp's 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 company's 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 accountable for business results and rewards them for consistently strong corporate performance and th...