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2007
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Business | 2007 | Jul | 18
.
36
Touby received investor financing, and the Web site was incorporated
Jul 18 '07
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"I thought we'd see flat pricing"
Jul 18 '07
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intel
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The gross margin was 46.9%, below its target of 48%
Jul 18 '07
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"Upside will likely require price stabilization from [Advanced Micro Devices], specifically at the low end"
Jul 18 '07
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Analysts surveyed by Thomson First Call estimated Intel (INTC : Intel Corporation News , chart , profile , more Last: 25.10-1.23-4.67% 11:43am 07/18/2007 Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: INTC25.10, -1.23, -4.7%) would earn 19 cents a share on revenue of $8.5 billion
Jul 18 '07
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Peter Moore, who currently serves as corporate vice president of IEB, has decided to move his family back to the Bay Area for personal reasons and has secured another opportunity in the video games industry
Jul 18 '07
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www.microsoft.com
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mattrick
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He also said he expects a slump in construction to continue to ``weigh'' on growth
Jul 18 '07
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``The United States economy appears likely to expand at a moderate pace over the second half of 2007, with growth then strengthening a bit in 2008 to a rate close to the economy's underlying trend,'' Bernanke said in his testimony
Jul 18 '07
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The Jupitermedia Corporation, an Internet research company that also sells photos and art, agreed to pay $20 million in cash and an additional $3 million over two years for the company, which is based in New York City
Jul 18 '07
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Results were in line with Wall Street's forecasts
Jul 18 '07
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It weakened to $1.3797 per euro, from $1.3781 yesterday and earlier set a record low of $1.3833
Jul 18 '07
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The central bank's preferred inflation gauge will rise by 2 percent to 2.25 percent this year, the same estimate as in the last report
Jul 18 '07
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The revisions came as Fed Chairman Ben S.Bernanke, in semiannual testimony to the House Financial Services Committee, predicted United States economic growth will pick up slightly next year and inflation will gradually recede
Jul 18 '07
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The economy will grow by 2.25 percent to 2.5 percent in the fourth quarter of 2007 from a year earlier, compared with a range of 2.5 percent to 3 percent given in February, the Fed said in its semiannual monetary policy report to Congress
Jul 18 '07
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July 18 (Bloomberg) -- The dollar fell against the yen and euro as the Federal Reserve lowered its forecasts for United States economic growth for this year and next as home building is weaker than anticipated
Jul 18 '07
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Last year, the site had 600,000 unique visitors, and many signed up for offerings like seminars and courses in freelance writing
Jul 18 '07
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In early trades Wednesday, Intel shares fell 4% to $25.24
Jul 18 '07
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He also said ``core inflation should edge a bit lower, on net, over the remainder of this year and next year.'' United States consumer prices rose 0.2 percent in June, after a 0.7 percent increase in May, the Labor Department said today in Washington
Jul 18 '07
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Mattrick will take over as the senior vice president of IEB at Microsoft, effective July 30
Jul 18 '07
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12
SAN FRANCISCO (MarketWatch) -- Intel Corp.shares lost some momentum Wednesday after the world's largest chipmaker reported that solid personal-computer and server chip shipments in the second quarter were undercut by weaker prices
Jul 18 '07
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CFO Andy Bryant said that was not the case
Jul 18 '07
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9
``Any worries about weakening growth conspire to push down the dollar.'' The dollar dropped to 121.93 yen at 10:31 am in New York from 122.34 yen late yesterday
Jul 18 '07
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``The key message is that the downside risk for growth is increasing,'' said Michael Woolfolk, a senior currency strategist in New York at the Bank of New York
Jul 18 '07
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"It was more competitive pricing environment than we thought," Bryant said
Jul 18 '07
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6
"I thought the pricing war would have been closer to an end in the second quarter," said David Stepherson, senior portfolio manager at Hardesty Capital, which owns Intel shares
Jul 18 '07
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6
Since mid-2006, Intel has cut 12,200 jobs, or 12% of its global workforce
Jul 18 '07
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6
It is making an aggressive push to update its chip architecture every two years, with a new chip family, called Penryn, due out this fall
Jul 18 '07
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Moore will remain at Microsoft to assist in the transition through August and will then return to the San Francisco Bay area
Jul 18 '07
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www.microsoft.com
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mattrick
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president
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microsoft
5
Mattrick held various senior positions within EA, most recently as president of Worldwide Studios, until his resignation in February 2006
Jul 18 '07
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www.microsoft.com
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mattrick
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president
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microsoft
5
The processors will increase computing performance by 15% to 40% over its current lineup
Jul 18 '07
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www.marketwatch.com
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billion
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intel
4
Over the past year, Intel has overhauled its PC and server chips in a bid to reassert its technological leadership and curtail market-share gains from smaller rival AMD, which is now expected to report a loss this Thursday
Jul 18 '07
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4
Third-quarter forecast Looking ahead, Intel forecast third-quarter sales in a range of $9 billion to $9.6 billion, compared with the consensus analyst estimate of $9.3 billion
Jul 18 '07
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3
Yesterday, she sold Mediabistro.com, the company that sprang from those mixers, for $23 million
Jul 18 '07
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3
Now, with AMD set to sell its long-awaited Barcelona chip in August, the "idea of a price war could be around for a while," Stepherson added
Jul 18 '07
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www.marketwatch.com
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billion
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3
Intel reiterated its 2007 gross-margin target of 51%
Jul 18 '07
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3
That compared with the median forecast of a 0.1 percent increase in a Bloomberg News survey.
Jul 18 '07
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3
The margin was clipped by lower average selling prices for its microprocessors compared with the first quarter and slower demand for its NOR flash chips
Jul 18 '07
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3
Mattrick was the founder of Distinctive Software Inc., which operated as a private company from 1982 until its merger with EA in 1991
Jul 18 '07
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www.microsoft.com
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mattrick
,
president
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microsoft
2
Intel reported second-quarter net income increased 44%, yet its gross-profit margin fell below its forecast
Jul 18 '07
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2
Yahoo Photos, for example, is being shut down as the company moves its customers to Flickr, a start-up photo site it owns
Jul 18 '07
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Business
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www.washingtonpost.com
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yang
,
yahoo
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company
2
Intel's inventories fell in the quarter, raising speculation that the company cleared out older processor parts at cut-rate prices, which in turn hurt the gross margin
Jul 18 '07
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www.marketwatch.com
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billion
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2
The bottom line included tax items that increased earnings by 3 cents, along with restructuring charges of $82 million
Jul 18 '07
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2
Late Tuesday, Intel reported that it earned $1.3 billion, or 22 cents a share, up from $885 million, or 15 cents, in the year-earlier period
Jul 18 '07
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2
"We believe the stock will be range-bound between $24 and $26," wrote Pacific Crest Securities analyst Michael McConnell, who reiterated his sector-perform rating on Intel shares
Jul 18 '07
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www.marketwatch.com
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billion
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1
Intel's apparent resurgence has boosted its once-ailing stock, which is up 30% so far this year
Jul 18 '07
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www.marketwatch.com
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1
DiggGoogle del.icio.usYahoo RedditFacebook In a conference call yesterday, chief executive and co-founder Jerry Yang, who took back the reins of the company a month ago, acknowledged some missteps by the company and said he is conducting a "top-to-bottom review" to improve its performance
Jul 18 '07
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Business
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www.washingtonpost.com
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yang
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yahoo
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company
1
In February 2007, Mattrick began working with the Entertainment and Devices Division at Microsoft as an external advisor
Jul 18 '07
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Business
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www.microsoft.com
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mattrick
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president
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microsoft
1
The Santa Clara, Calif., company was also forced to restructure its operations in response to market-share losses
Jul 18 '07
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www.marketwatch.com
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billion
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intel
0
Yang said the company was slow to recognize the importance to its customers of display advertising, which includes banner ads on Web sites
Jul 18 '07
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www.washingtonpost.com
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yang
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yahoo
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company
0
The earnings announcement came after the market closed, and the day's gains were wiped out as of 8:30 pm in after-hours trading.
Jul 18 '07
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yang
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