U.S. equity markets gained on Monday, providing the Standard & Poor’s 500 Index its best intraday advance in about a month, as investors considered forecast for a budget deal in Washington.
Each of 10 groups in the S&P 500 (SPX) closed up as financial stocks led the rally, adding 2.1 percent. American International Group, Inc. (NYSE:AIG) added 3 percent after unveiling plans to sell as much as $6.5 billion of AIA Group Ltd. shares.[article_detail_ad_1]
The share price of Intel Corporation (NASDAQ:INTC) managed to recover from early fall after winning an appeal in a patent fight with Negotiated Data Solutions LLC and edged up 0.21%, ending at $20.57. At that price, the company has a market cap of $102.36 billion and a P/E ratio of 8.99.
The stock has a 52 week worst hit of $19.23 and a 52 week high of $29.27. The P/S ratio is 1.90 and P/B ratio 2.08. Dividend yield stands at 4.38 percent. The beta value is 1.08. INTC’s RSI amounts to 52.77.
Research firm Gartner released number on Dec. 17 showing that Intel continues to lead semiconductor vendors, with projected revenues of $49.3 billion in 2012 and a 16.6 percent market share.
Advanced Micro Devices, Inc. (NYSE:AMD) jumped after it published more details about its new-generation family of graphics processing units (GPUs) for mobile computers. The market value of this company stands at $1.75 billion. It has 11,813 people in workforce, over the last 12 months has generated revenue of $5.96 billion and has earnings of -$883.00 million. The firm’s operating margin is -9.45 percent and net profit margin -14.82 percent. The latest closing price of its shares moved up 6.19% from the 50-day moving average.
In the last trading session, Texas Instruments Incorporated (NASDAQ:TXN)’s price moved 5.73% above its 200 day moving average, changing hands as low as $30.44 per share after Sterne Agee downgraded the stock to Underperform. The stock is currently trading 6.96% up its SMA 50. The worst hit in its 52 week range is $26.06 per share, with $34.24 being the 52 week best price, which compares with a latest closing price of $30.91. The Beta of this stock is 1.10.
For its competitor ON Semiconductor Corp. (NASDAQ:ONNN), a return on equity of 2.58 percent has been realized due to the financial position. Last twelve month’s per-share profit reached a value of $0.08. Earnings are projected to move up 12.33 percent for the coming five years. The stock closed at $6.98, up 0.06 points or 0.87% from previous close and at a distance of +7.07% from 20-day simple moving average.