The KUIK Closing Market Report for Tuesday, April 15: |
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Market were up. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
90 |
points |
16,263 |
2:41 PM |
|
|
S&P500 |
Up |
0.68% |
percent |
1,843 |
|
12.37 |
|
Nasdaq Composite |
Up |
0.29% |
percent |
4,034 |
|
11.47 |
|
30 Year Treasury |
Down |
(2) |
Basis Points |
3.46 |
Annual Yield |
|
|
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Intel Corp. reported a 4.8% drop in first-quarter profit as chip maker deals with the shrinking personal computer market. Revenue edged up 1.5%, and the company’s gross profit margin was 59.7% for the quarter, down from 62% in the fourth quarter but ahead of its projected 59%. Shares closed today at $26.77. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/intel-profit-slides-margin-tops-forecasts-2014-04-15?link=MW_home_latest_news |
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For today’s Closing Market Report click to listen-> |
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