The Dow industrials rose on Wednesday following better-than expected manufacturing data while the Nasdaq headed lower as Intel Corp said uncertainty ruled out a clear revenue forecast.
The Dow and S&P 500 recovered earlier losses to turn positive on Wednesday, helped by data that showed manufacturing activity contracted less severely, while Procter & Gamble gained after the company raised its dividend.
Stocks opened lower on Wednesday after the Chief Executive of Wal-Mart Stores Inc said he sees no quick end to the recession, while Intel said uncertainty ruled out a clear revenue forecast.
Stock index futures fell on Wednesday after the Chief Executive of Wal-Mart Stores Inc said he sees no quick end to the recession, while Intel said uncertainty ruled out a clear revenue forecast.
Stock index futures pointed to a slightly higher open on Wednesday ahead of the release of U.S. CPI data but disappointing quarterly reports from UBS and Intel Corp weighed on the market.
Stock index futures pointed to a mixed open on Wall Street as investors remained cautious ahead of the release of U.S. CPI and housing data.
Intel Corp beat quarterly expectations and declared the worst was over for a battered tech sector, but its shares slid 5 percent after it said economic uncertainty ruled out a clear revenue forecast.
Stock index futures pointed to a mixed open on Wall Street as investors remained cautious ahead of the release of U.S. CPI and housing data.
Intel Corp smashed quarterly earnings expectations and declared that the worst may be over for the tech sector, but its shares slid 4.5 percent after it failed to give a clear revenue forecast.
Intel Corp.'s first-quarter profit blew past Wall Street's grim forecasts but failed to provide a formal revenue outlook for the current quarter, sending its shares down 4.6 percent.
Intel posted stronger-than-expected results but failed to provide a formal revenue outlook for the current quarter, sending its shares down 4.6 percent.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs' share offering could prompt others to follow suit.
Intel Corp posted stronger-than-expected results but gave only an informal revenue outlook for the current quarter, sending its shares down 5 percent after hours on Tuesday.
Intel Corp on Monday highlighted the combined work of its research arm and university staff and students to develop a Wireless Identification and Sensing Platform (WISP) that supports sensing and computing.
Intel Corp, the world's largest chip maker, is uncertain when demand for semiconductors will revive, Chairman Craig Barrett said on Wednesday.
Acer Inc , the world's third-largest computer maker, gave an upbeat outlook for the current quarter, pinning its hopes on the launch of a number of new products.
General Electric Co and Intel Corp have joined forces to develop devices to help doctors monitor patients' health remotely, an area they believe could become a multibillion-dollar business.
General Electric Co and Intel Corp have joined forces to develop devices to help doctors monitor patients' health remotely, an area they believe could become a multibillion-dollar business.
General Electric Co and Intel Corp have joined forces to develop devices to help doctors monitor patients' health remotely, an area they believe could become a multibillion-dollar business.
U.S. conglomerate General Electric Co and Intel Corp , the world's largest chip maker, have scheduled a joint press conference for Thursday, and are expected to discuss an alliance in health care, according to a source with knowledge of the plans.
Hewlett-Packard on Monday rolled out an updated line of computer servers featuring Intel's new Nehalem Xeon microprocessor, touting their lower power use and higher performance to capitalize on customers' cost-cutting initiatives.
Western Digital is making its first foray into the Solid State Disk market with its $65 million acquisition of SiliconSystems.