Future of Intel's dividend doubted after dismal earnings report
Yahoo! Finance
Intel Corp. took it on the chin from Wall Street on Friday after a grim earnings report a day earlier, with some analysts — though not all — questioning the future of the company’s dividend, a key shareholder benefit. Intel’s stock (Nasdaq: INTC) was down nearly 7%, hovering around $28, with about an hour left in the trading day. The guidance Intel gave for the current quarter was especially alarming to analysts: revenue between $10.5 billion and $11.5 billion, down 40% from the same period in...
Continue Reading