PFE – Pfizer is setting a nice pace on better than expected earnings
July 22, 2009 by admin
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Pfizer, Inc.
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Pfizer moved nicely upwards on better than expected earnings.
Pfizer second-quarter earnings at 48 cents a share, (41 cents after costs regarding the Wyeth acquisition). These numbers did better than market estimates, but only by a small margin.
The [...]
INTC – Intel plans to buy back stock with $1.5 billion from sale of convertibles
July 22, 2009 by admin
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Intel Corporation
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Intel Corp. stated they have sold 3.25 percent of their convertible notes for $1.75 billion. These notes are due in 2039.
They outlined plans to buy back stock using up to $1.5 billion of these proceeds.
Note holders would [...]
