#expense control

[tmarshconnors]

“Beware of little expenses; A small leak will sink a great ship”

Benjamin Franklin (1706-1790) was a prominent American polymath who made significant contributions in various fields, including science, writing, publishing, diplomacy, and politics.

[cjlsbusinesscorner-blog]

The Best Way To Manage Your Employee Expenses

The Best Way To Manage Your Employee Expenses

Save Time and Money with Streamlined Expense Management

Expense Cards:  Bento is a prepaid Mastercard® that’s easy to reload and control. Distribute to staff or contractors, or use as utility cards (without a person’s name on the card) to manage specific projects or business expenses.

Mobile App:  Your cards are always in sync with the Bentomobile application. Business owners and admins can…

View On WordPress

[tradingbulletin-blog]

New Post has been published on Trading Review 360

New Post has been published on http://tradingreview360.com/intel-revenue-forecast-short-of-expectations.html

Intel revenue forecast short of expectations

[US Market News] TradingReview360.com: We search to deliver you the breaking news stories from around the globe. The following article is of interest to those needing the latest US Market News.

Read on to discover more:

SAN FRANCISCO (Reuters) – Intel Corp forecast current-quarter revenue slightly below expectations but its gross margin outlook satisfied Wall Street, as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones.

PC makers are struggling to stop a decline in sales as consumers hold off on buying new laptops in favor of spending on more nimble mobile gadgets.

Microsoft Corp’s long-awaited launch of Windows 8 in October brought touchscreen features to laptops but failed to spark a resurgence in sales that Intel and many PC manufacturers had hoped for.

“The revenue isn’t going to be there, but the margin and expense control is going to stabilize the bottom line,” said Cody Acree, analyst at Williams Financial. “I think it’s probably a success if you can be flat in an industry that most people expect to be flat-to-down.”

Intel foresees first-quarter gross margins of 58 percent, plus or minus two percentage points. Analysts on average expected gross margins of about 56 percent for the current quarter, according to Thomson Reuters I/B/E/S

It estimated a 2013 gross margin of 60 percent, plus or minus a few percentage points. Analysts on average had expected 59 percent.

Intel projected capital spending in 2013 at $13 billion, plus or minus $500 million, exceeding what many analysts had expected.

In the fourth quarter, Intel’s revenue was $13.5 billion, compared with $13.9 billion a year earlier. Analysts had expected $13.53 billion in revenue for the fourth quarter.

Intel estimated first-quarter revenue of $12.7 billion, plus or minus $500 million. Analysts expected $12.91 billion for the current quarter.

Net earnings in the December quarter were $2.5 billion, or 48 cents a share, compared with $3.4 billion, or 64 cents a share, in the same quarter last year.

Shares of Intel rose 1.85 percent in after hours trade, after closing up 2.58 percent at $22.68 on Nasdaq.

(Reporting by Noel Randewich; Editing by Richard Chang)

Check out the original source here.

We hope that you found the above write-up was of value. Please feel free to share this post.

Keeping up with the Market News from around the globe is essential for investors and traders alike. Whether it is political, social or financial modifications which can impact your financial investments in the brief, medium or long term, it’s great to be in the understand.

We intend to bring you the current news as it breaks, so you are ahead of the majority of investors and traders .