Stocks in the News: Intel, Rio Tinto, Google
The following is a round-up of news likely to affect stock prices today:
Intel (INTC) is scheduled to post results Thursday after the closing bell. As one of several technology bellwether stocks, investors eagerly await the company's numbers and an indication of the health of the sector. Intel is expected to report quarterly earnings of 30 cents a share on revenue of $10.2 billion, according to Thomson Reuters. These expected results would be an improvement over last year's results when Intel posted earnings of 4 cents a share on revenue of $8.2 billion. Shares climbed about 1% ahead of the bell.