The KUIK Closing Market Report for Thursday, November 20: |
Markets were up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
33 |
points |
17,719 |
3:23 PM |
S&P500 |
Up |
0.2% |
percent |
2,053 |
(3.08) |
Nasdaq Composite |
Up |
0.6% |
percent |
4,702 |
(26.73) |
30 Year Treasury |
Up |
(2) |
Basis Points |
3.05 |
Annual Yield |
Intel had an annual meeting with analysts today in Santa Clara. It projects more growth next year, as an improving personal computer market and newer bets pay off. The company reported 8% revenue growth in the third quarter and said revenue would grow in 2015 in the “mid single digits” although gross profit margin would contract somewhat from 64% in the fourth quarter to 62% for all of 2015 at 62%, plus or minus two. |
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
http://www.marketwatch.com/story/intel-sees-2015-revenue-up-in-mid-single-digits-2014-11-20?link=MW_home_latest_news |
For today’s Closing Market Report click to listen-> |
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