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Tuesday 23 June 2015
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Pre-Market News Review: Intel Corporation, (NASDAQ:INTC), General Motors Company, (NYSE:GM), B2Gold, (NYSEMKT:BTG)

On Friday, Shares of Intel Corporation (NASDAQ:INTC), lost -0.96% to $32.07.

0.07% of the shares are held by the company Insiders, 66.6% of the shares are held by the institutions. Company shares has an average 3 month share volume of 29,882,000 and an average 10 day volume is recorded to be 28,410,800 Shares of the company have rallied 6.09% in the past 52 Weeks. On December 5, 2014 The shares registered one year high of $37.9 and one year low was seen on March 26, 2015 at $29.31.

Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $215.26 million with an inflow of $334.75 million in upticks and an outflow of $119.49 million in downticks. Using the data, the up/down ratio is found to be 2.8. The share price has recorded 2.43% on a weekly basis. A block trade of $221.95 million in uptick and $4.72 million in downtick was also observed, resulting in an up/down ratio of 46.98. The net money flow of the block trade stood at a $217.23, signaling heavy buying.

On June 3, Intel Security and VMware, Inc. declared an integrated solution that leverages a Software-Defined Data Center approach and the VMware NSX™ network virtualization platform to automate the distribution and enforcement of Intel® Security’s McAfee® Network Security Platform (NSP), providing Intelligent Intrusion Prevention services (IPS) for the protection of east-west traffic within the data center. Enterprise and Service Provider customers will benefit from simplified orchestration, chaining and delivery of the same advanced services inside the data center that Intel Security provides for north-south traffic at the perimeter of the data center.

Customers right away benefiting from this solution comprise healthcare cloud provider ClearDATA, whose customers require HIPAA compliant cloud hosting, backup, disaster recovery and information security services. Meeting these rigorous demands requires ClearDATA to provide advanced threat protection uniformly for all data center traffic coming into the data center, in addition to within the data center without raised complexity. The integrated solution allows ClearDATA to automate the provisioning and delivery of IPS services for protecting traffic inside the Data Center and scaling these services dynamically in response to customer demand.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.

Shares of General Motors Company (NYSE:GM), declined -0.25% to $36.11, during its last trading session.

General Motors Company, said that Fitch Ratings has raised the credit ratings of both GM and GM Financial to investment grade. With this upgrade, the corporate credit ratings for GM are now investment grade with all major rating agencies.

“Fitch’s news recently confirms that we are delivering on our commitment to generate strong operating results and implement our customer-focused strategy,” GM CEO Mary Barra said. “But, as much as we like this recognition, we are focused on achieving even stronger performance and enhancing long-term shareholder value in the years to come.”

The new GM corporate and GM Financial credit ratings assigned by Fitch are BBB- with a “stable” outlook. Each credit rating is one level higher than the previous GM and GM Financial ratings of BB+, which were assigned by Fitch in August 2012 and August 2013, respectively.

General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.

Finally, B2Gold Corp. (NYSEMKT:BTG), ended its last trade with -0.60% loss, and closed at $1.66, despite Gold held near a three-week high on Friday and was set for a second weekly gain, bolstered by the U.S. Federal Reserve’s caution on an interest rate rise and worries over Greece, even as a recovering dollar capped gains.

B2Gold Corp., a mid-tier gold mining company, explores and develops mineral properties in Nicaragua, the Philippines, Namibia, Burkina Faso, and Chile. The company principally explores for gold, silver, and copper.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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