Intel (INTC)
Intel shares fell after reporting quarterly results which missed analyst expectations. Fourth quarter adjusted revenue of $14.04 billion came in below the Wall Street’s consensus estimate of $14.49 billion. The chip maker’s adjusted earnings per share came in at 10 cents versus expectations of 19 cents. Guidance for the first quarter also came in light.
The company anticipates cost reductions between $8 billion and $10 billion by the end of 2025.
Hasbro (HAS)
The toymaker announced…
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