Intel (NASDAQ:INTC) has announced the appointment of a new head for its Australian unit.Intel Makes Australian Change
Kate Burleigh has been appointed as the new general manager for Intel (NASDAQ:INTC) Australia and new Zealand.
She will replace Philip Cronin, who is set to vacate the post after eight years in the role, moving on to a higher position in the company’s Asia-Pacific business.
Burleigh joined Intel (NASDAQ:INTC) as a public relations manager in 1997 and progressed into various other management positions, including her most recent position as marketing manager for Australia and new Zealand.
Intel Corp. (NASDAQ:INTC) shares were at 28.09 at the end of the last day’s trading. There’s been a 11.7% movement in the stock price over the past 3 months.
Intel Corp. (NASDAQ:INTC) Analyst AdviceConsensus Opinion: HoldMean recommendation: 2.11(1=Strong Buy, 5=Strong Sell)3 Months Ago: 2.07Zack’s Rank: 1 out of 7 in the industry
Research Reports for Top Traded Penny Stocks: Cheniere Energy, Golden Star… — VANCOUVER, British Columbia, Oct. 7, 2011 /PRNewswire-Asia/ –
VANCOUVER, British Columbia, Oct. 7, 2011 /PRNewswire-Asia/ — Pennystocksinsiders.com (PSI) has issued Equity Research for top traded penny stocks: Cheniere Energy (AMEX: LNG), Golden Star (AMEX: GSS), Antares Pharma (AMEX: AIS). More reports for Intel (NASDAQ: INTC), Apple (NASDAQ: AAPL) & Level 3 Communications (NASDAQ: LVLT).
(Logo: photos.prnewswire.com/prnh/20110914/HK68141LOGO )
Investing in penny stocks is a very risky short term investment given the high price volatility and lack of transparency to corporate management. one way to find out the quality of corporate governance in penny stocks is to track if all insiders such as CEOs, CFOs, and all Directors are following policy in trading company stocks.
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Research Report Highlights:
Cheniere Energy, inc. (AMEX: LNG): Company CEO Sold Stock
Insider Trade Signals: Cheniere Energy, inc., through subsidiaries, develops liquefied natural gas terminals, and explores for oil and natural gas. the Company explores for oil and gas in the Gulf of Mexico. PSI found company Chairman of the Board of Directors, President, Chief Executive Officer – Charif Souki sold his shares on October 3 at a 52-week low price. want to find out if insiders are trading at the same time and same direction?
Read full Report: Pennystocksinsiders.com/PR/100711A/LNG/CheniereEnergy.pdf
Golden Star Resources ltd. (USA) (AMEX: GSS): Stock Price in 52-week Low While Gold Price Dropping
Insider Trade Signals: Golden Star Resources ltd. (Amex: GSS) today announced that William L. Yeates, CPA, a veteran accounting industry executive with specialization in extractive industries, has joined the Company’s board of directors. the addition of mr. Yeates, 63, raises to eight the total number of Golden Star directors. want to track these insiders’ trading activities from now on?
Read full Report: Pennystocksinsiders.com/PR/100711A/GSS/GoldenStarResources.pdf
Antares Pharma inc (AMEX: AIS): Do Insiders have Confidence in Biotech
Insider Trade Signals: Antares Pharma, inc. (Antares) is a pharmaceutical company that focuses on self-injection pharmaceutical products and technologies and gel-based products. Do you want to know if any institutional investors are buying/selling the stocks you are holding?
Read full Report: Pennystocksinsiders.com/PR/100711A/AIS/AntaresPharma.pdf
Today we released other research reports for:
Intel Corporation (NASDAQ: INTC)Read full Report: Pennystocksinsiders.com/PR/100711A/INTC/Intel.pdf
Apple inc. (NASDAQ: AAPL) Read full Report: Pennystocksinsiders.com/PR/100711A/AAPL/Apple.pdf
Level 3 Communications, inc. (NASDAQ: LVLT) Read full Report: Pennystocksinsiders.com/PR/100711A/LVLT/Level3Communications.pdf
More Individual Stock Reports & Sector Reports: Pennystocksinsiders.com/mediaroom/
Insider Filing Source Reference: all observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
Pennystocksinsiders.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
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By Benjamin Pimentel, MarketWatch
SAN FRANCISCO (MarketWatch) — Shares of Intel Corp. jumped in after-hours trading on Tuesday after the chip company reported a 17% jump in earnings, surpassing Wall Street’s expectations.
Santa Clara, Calif.-based Intel /quotes/zigman/20392/quotes/nls/intc INTC +0.52% reported a third-quarter profit of $3.47 billion, or 65 cents a share, compared with a profit of $2.96 billion or 52 cents a share in the year-earlier period.
At last check, the stock was up nearly 4% in after-hours trading.
Revenue was $14.23 billion, up from $11.1 billion. Adjusted income was 69 cents a share.
Analysts had expected Intel to earn 61 cents a share on revenue of $13.9 billion, according to an analyst survey by FactSet Research.
ThinkEquity analyst Suji De Silva said Intel posted a “nice beat-and-raise” report.
he added that Intel’s gains in notebook PCs and in enterprise data centers show the company is “seeing healthy demand despite broader weakness.”
For the current quarter, the chip maker said it expects revenue of $14.7 billion, plus or minus $500 million. Analysts had expected revenue of $14.23 billion, according to data from FactSet Research.
In a statement, Intel Chief Executive Paul Otellini highlighted the company’s gains in its core PC business, saying the results were “driven largely by double-digit unit growth in notebook PCs.”
In a call with analysts, Otellini said the company was on track to reach $55 billion in revenue in 2011, a gain of 26% from the previous year.
Intel’s PC-client group, which covers PC chips, posted revenue of $9.4 billion, up 22% year over year.
“Excellent quarter,” analyst Charter Equity Research Edward Snyder wrote in a note. “PC products were strong — no indication of a recession in their results.”
De Silva also said Intel’s strong notebook numbers “address cannibalization concerns, validate sustainability of corporate-PC refresh.”
some analysts had warned that the rise of tablets was hurting sales of netbooks and even segments of the notebook market. Analysts have also been counting on strong corporate sales to sustain the broader PC market, although some have raised concerns in the wake of the recent downturn.
Intel did report that sales for its Atom product, which is geared to the mobile and netbook categories, fell 32% at $269 million.
De Silva said that this showed the netbook category’s momentum is “slowing significantly” and feeling the impact of the rise of tablets.
The company’s data-center group, which covers server chips, reported revenue of $2.5 billion, up 15% year over year. The ThinkEquity analyst commented that this showed “good data-center momentum.”
Intel is widely expected to take advantage of the push in the IT sector toward newer, more energy-efficient data-center technologies.
Benjamin Pimentel is a MarketWatch reporter based in San Francisco.