Intel just received more good news. Is the turnaround real?
Only one working day after The Wall Street Journal reported that Qualcomm was interested in buying Intel (NASDAQ:INTC)Today there is news of another interested party who is willing to pay billions for a share of the chip manufacturer. According to…
Intel shares rise after report on possible Apollo investment
Intel (INTC) stock jumped in early trading Monday after Bloomberg reported on a possible multibillion-dollar investment from Apollo Global Management. (Disclosure: Yahoo Finance is owned by Apollo Global Management.) The private equity firm would invest up to $5 billion in…
Intel receives billion-dollar Apollo offer while Qualcomm comes under fire
(Bloomberg) — Apollo Global Management Inc. has offered Intel Corp. a billion-dollar investment, people familiar with the matter said, signaling the chipmaker’s confidence in its turnaround strategy and offering an alternative to a potential takeover by larger rival Qualcomm Inc….
Stocks rise as US economy stands on ‘solid footing’: Markets Wrap
(Bloomberg) — U.S. stocks rose and Treasuries fell after data showed U.S. business activity is resilient even as growth slows, further fueling confidence that the world’s largest economy can pull off a soft landing. Most read by Bloomberg The S&P…
Intel shares rise after reports of possible Apollo investment
Intel (INTC) stock jumped in early trading Monday after Bloomberg reported on a possible multibillion-dollar investment from Apollo Global Management. (Disclosure: Yahoo Finance is owned by Apollo Global Management.) The private equity firm would invest up to $5 billion in…