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...billion, net income of $647 million and earnings per share of $.11. Revenue was $9.7 billion in the same period last year. Aside from topping expectations, Intel's CEO, Paul Otellini, said, "We believe PC sales bottomed out during the first quarter and that the industry is returning to normal seasonal patterns." (See pictures of the Top 10 scared traders...
...companies were just ordering a few more chips to fill falling inventory. Intel's results are good news for the broader tech sector if PC companies are actually buying more chips because their product sales have increased. But, the Intel would not say as much. "Returning to normal seasonal patterns" is double talk...
...times the risk the firm used to take on a daily basis at the beginning of the decade. And that may even be understating the amount of risk Goldman is really taking on. Hendler says Goldman computes its VAR by looking at what the firm could lose in relatively normal market conditions. Factor in today's wild market swings and Hendler figures that based on Goldman's recent exposure, the firm could lose as much as $340 million on a really...
...outs - Sophomore Tom Zollo, who's starting in center, is leading off the game. Coach Joe Walsh occasionally has the hottest hitter in batting practice lead off, which might be why normal starter Dillon O'Neill isn't in his customary spot at the top of the order...
...medical supplies and preventing doctors from entering the camp. That's "baseless, it's a pack of lies," Rubaie says. Similarly, Rubaie insists that the MEK is a cult, whose "brainwashed" members need to be separated from the 25 or so leaders and "detoxified" so they can resume normal lives. "Sheer lies," says Madani, the MEK spokesman...