Investor Beat, Oct. 16, 2013
The following video is from Wednesday's Investor Beat, in which host Chris Hill and Motley Fool analysts Dave Meier and Taylor Muckerman dissect the hardest-hitting investing stories of the day.
While Intel's third-quarter profits came to $3 billion, its worrisome forecast for slim to no growth in the fourth quarter was a big concern to the market. In the lead story on today's Investor Beat, Dave and Taylor look at Intel in the face of the declining PC market. They also ask some questions about the company's CEO and talk about the future for Intel.
Then the guys take a look at four stocks moving on the market today. Apple hovered around breakeven for the day, despite news that the company cut back orders for its low-cost 5c iPhone because of weaker demand. Mattel's third-quarter profits jumped up a surprising 16%, because of strong sales of its Barbie, Monster High, and American Girl dolls. CSX grew third-quarter profits slightly, up 1.3%, with full-year results also projected to be "slightly up" from last year. And Abbott Labs saw light third-quarter sales, though it had strong profits, and raised its dividend.
Finally, Taylor and Dave tell investors why they'll be keeping a close eye on shares of Core Laboratories and Google this earnings season.
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The article Investor Beat, Oct. 16, 2013 originally appeared on Fool.com.Chris Hill and Taylor Muckerman has no position in any stocks mentioned. David Meier owns shares of Apple. The Motley Fool recommends Apple, Google, Intel, and Mattel and owns shares of Apple, CSX, Google, and Intel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.