Intel Jumps On Upbeat Guidance Intel shares are surging after-hours on the back of what can only really be described as “not as bad it could have been” earnings and guidance. Three months after a painful earnings report that collapsed its share price, the not-quite-so-giant tech company booked nearly $19 billion in restructuring charges but said business trends are now improving. For the third quarter, Intel reported an adjusted earnings per share loss of 46 cents, compared with Wall Street’s consensus estimate for a 2 cents loss, according to FactSet. The results may not be comparable to analysts’ estimates as… — Continue at ZeroHedge News : Read More
