Orlando, FL -- (SBWIRE) -- 08/28/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Intel Corporation (NASDAQ:INTC), JPMorgan Chase & Co. (NYSE:JPM).
Intel Corporation (NASDAQ:INTC) shares jumped 0.45% to $22.29. The company would launch new tablet processors during the second half of the year 2014 in order to enable the company to maintain its present dominance in the market for tablets. It is expected that the 14nm Cherry Trail Tablet platform of the company would be launched in the third quarter of the fiscal year 2014, though it had been reported that the partners of Intel would be receiving the samples of the product by the end of this year 2013.
Should Investors Buy INTC After Yesterday’s Slump? Find Out Here
Additionally, Two analysts on August 19 predicted INTC will snap out of its recent sales slump next year as more businesses buy desktop and laptop machines powered by Intel's processors. Piper Jaffray analysts Auguste Gus Richard and Jennifer Baxter upgraded Intel's stock on the expectation that Intel's revenue will rise by 5 percent next year. Although that would be a modest gain, it would reverse two consecutive years of declining revenue, assuming analysts' forecasts for the rest of 2013 pan out.
JPMorgan Chase & Co. (NYSE:JPM) shares dropped 0.32% to $50.44. U.S. government housing finance authorities are pressing JPMorgan Chase & Co for at least $6 billion to settle lawsuits over bonds backed by subprime mortgages, according to a person familiar with the matter on August 27. The company is arguing that it should pay less to settle the claims by the U.S. Federal Housing Finance Agency, according to the source, who was not authorized to speak for attribution.
How Should Investors Trade JPM After The Recent Volatility? Get Free Report Here
Additionally, U.S. federal regulators are preparing to impose a fine of $80 million on JPMorgan Chase & Co relating to its dealings with retail customers during the recession, the New York Times reported, citing people familiar with the matter on August 28.
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)