| The KUIK Closing Market Report for Tuesday, October 13: | |||||||
| Markets were down. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (50) | points | 17,082 | 2:27 PM | ||
| S&P500 | Down | -0.7% | percent | 2,004 | (13.77) | ||
| Nasdaq Composite | Down | -0.9% | percent | 4,797 | (42.03) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 2.90 | Annual Yield | ||
| Intel reported third-quarter earnings fell to $3.1 billion, or 64 cents a share, from $3.3 billion, or 66 cents a share, a year ago. Analysts surveyed by FactSet had forecast 59 cents a share. Revenue fell to $14.5 billion from $14.6 billion a year earlier but came in better than analysts’ average estimate of $14.22 billion. In the fourth quarter, Intel expects revenue of $14.8 billion, plus or minus $500 million, and gross margin of 62%. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/intel-reports-lower-third-quarter-earnings-2015-10-13?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||