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  • What You Should Know About || INTC | CREE | YHOO | VMW |

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    Tuesday Apr. 19, 2011, 07:25 pm EST
     
    Major Stocks to Watch -  INTC, CREE, YHOO, VMW
     
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    INTC - Intel Corporation (NASDAQ:INTC)
    Intel Corporation (NASDAQ:INTC) announced that it expects GAAP revenue of $12.8 billion, plus or minus $500 million and non-GAAP revenues for Q2, excluding certain acquisition related accounting impacts, to be $12.85 billion, plus or minus $500 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $11.8 billion for the second quarter of 2011. Shares gained in the after hours.

    CREE- Cree Inc. (NASDAQ:CREE)
    CREE Inc. (NASDAQ:CREE) announced Q3 adjusted net income of $0.27 per share after the close Tuesday, down from $0.47 in the prior year period. The consensus estimate was for EPS of $0.29. Q4 adjusted EPS is expected to be between $0.25 and $0.31. The consensus estimate is for EPS of $0.36.


    YHOO- Yahoo! Inc. (NASDAQ:YHOO)
    Yahoo! Inc. (NASDAQ:YHOO) posted a $223 million profit, down from $310 million in the same period last year, on revenue that dropped 24 percent to $1.2 billion. Meanwhile earnings per share dropped 23 per cent to $0.17 per share, exceeding analysts' consensus estimate by one penny..
     

    VMW- VMware, Inc. (NYSE:VMW)
    VMware Inc. (NYSE:VMW) announced that its profit rose 60% and its non-GAAP earnings came in at $0.48 EPS versus $0.43 estimates. Revenue rose 33% to $843+ million while for the current quarter it gave guidance of $860 million to $880 million versus $845.5 million in estimates. Shares are up in extended trading.
     




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