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Intel (INTC) stocks rally, adding over 8% in early trading after the announcement that CEO Bob Swan will be stepping down and replaced by VMware (VMW) CEO Pat Gelsinger.
During Swan’s tenure, the company faced a rocky period, as Intel faced delays in the next generation of chips while Apple announced that will use it’s own chips in it’s computers.
Pat Gelsinger has worked at Intel before as its first chief technology officer.
Technical analysis USDJPY changes direction to bullish as it breaks below the 50h MA. The pair hit the daily high at 111.59 during the Draghi speech, but sellers took control and driving the pair to […]
The Canadian Securities Administrators (CSA) published a consultation paper to facilitate discussion about activist short selling
Moody’s cuts Ruby Tuesday’s RT debt rating to B3 from B2 with a negative outlook. Tesoro Logistics TLLP : Q3 EPS of $0.37 misses by $0.24. Revenue of $93M (+113.4% Y/Y) beats by $10M Media […]
