Breaking Earnings Forecast News: Intel, Citigroup, Vale SA, Freeport-McMoRan, Lowe’s, and Corning
VANCOUVER, British Columbia, Sept. 4, 2012 /PRNewswire/ — EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Intel (NASDAQ:INTC), Citigroup (NYSE:C), Vale SA (NYSE:VALE), Freeport-McMoRan (NYSE:FCX), Lowe’s (NYSE:LOW), and Corning (NYSE:GLW).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Intel Corporation (NASDAQ:INTC): McAfee, a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC), recently announced that it has donated US$2.3 million in security hardware and software with a view to enhance Rochester Institute of Technology (RIT)’s information security, academic and research programs. The fund will also help to establish the McAfee Interlock Lab within RIT’s B. Thomas Golisano College of Computing and Information Sciences. At the close of the trading day, shares of Intel closed higher by 2.31% to US$24.83 with more than 43.45 million shares traded compared to its usual volume of 32.91million shares. Its price, as of the latest close, was up 29.6% compared with the 52-week low and was 17.9% below the 52-week high. The chipmaker currently has a market capitalization of US$124.22 billion. Observing comprehensive analysis of Intel could help investors avoid big lost in investment. Check INTC earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/090412A/INTC/Intel.pdf
Citigroup Inc. (NYSE:C): Last Tuesday, Citigroup Inc. (NYSE:C) and Morgan Stanley announced the companies extended the date on which the determination of fair market value of the Morgan Stanley Smith Barney joint venture and the related deposit amount is to be made to September 10, 2012. Shares of Citigroup began the trading session with a price of US$29.90 and throughout the session jumped to a high of US$30.19. When day-trade ended, the stock climbed 0.20% to US$29.71. Share prices of Citigroup have traded as high as US$38.40 per share and as low as US$21.40 in the past one year. Citigroup has a market capitalization of US$87.12 billion. Do you think now is a good time to buy or sell the stock? See Citigroup earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/090412A/C/Citigroup.pdf
Vale SA (ADR) (NYSE:VALE): On August 31, The Brazil-based metals and mining company Vale SA (ADR) (NYSE:VALE) announced it will sell ten large ore carriers to the Turkey company Polaris Shipping Co. Ltd. in exchange of US$600 million. Vale said the transaction is part of its strategy to optimize the asset portfolio through improving capital allocation and further strengthening of the balance sheet. In the last trading session, Vale SA shares rebounded 2.06% (or US$0.33) to US$16.37 on volume of 23.12 million shares, compared to its average volume of 18.51 million shares. In the past year, the stock has traded within a range of US$15.80 – US$28.41. Do you think Vale SA will continue to advance? Do you think now is a good time to sell the stock? Investors could check VALE earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/090412A/VALE/Vale.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. Check out the consensus earnings forecast reports below:
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX):
Read Full Report: http://www.earningforecast.com/PR/090412A/FCX/FreeportMcMoRan.pdf
Lowe’s Companies, Inc. (NYSE:LOW):
Read Full Report: http://www.earningforecast.com/PR/090412A/LOW/Lowes.pdf
Corning Incorporated (NYSE:GLW):
Read Full Report: http://www.earningforecast.com/PR/090412A/GLW/Corning.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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