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In the company's most recent quarter, which ended on Sept. 28, the foundry business incurred an operating loss of $5.8 billion -- more than four times the $1.4 billion loss it reported a year earlier.
The company is set to announce its next quarterly results on Jan. 9, which is when there might also be news about any change to its dividend. Is another dividend cut likely for Walgreens?
Intel's share price tumbled 26% to $21.48 on Aug. 2, the day after it announced quarterly results, the job cuts and the dividend suspension. The shares closed Wednesday down 3.6% at $18.99 and ...
The company had cash and cash equivalents of $11.29 billion, and total current liabilities of about $32 billion, as of June 29. Intel's lagging position in the market for AI chips has sent its ...
The company is forecasting 4.5% to 5.5% growth this year in its Virginia unit, which makes up most of its business. Accelerating data center expansion is supporting higher rates and demand.
Its monthly dividend of $0.135 returned an approximate annual yield of 11%. However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times ...
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