On Thursday, Intel Corporation (NASDAQ:INTC)’s shares declined -1.54% to $34.45.
Intel Corporation declared that it has accomplished the acquisition of Altera Corporation, a leading provider of field-programmable gate array (FPGA) technology. The acquisition complements Intel’s leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things (IoT) market segments.
“Altera is now part of Intel, and together we will make the next generation of semiconductors not only better but able to do more,” said Brian Krzanich, Intel CEO. “We will apply Moore’s Law to grow recently’s FPGA business, and we’ll invent new products that make amazing experiences of the future possible – experiences like autonomous driving and machine learning.”
Altera will operate as a new Intel business unit called the Programmable Solutions Group (PSG), led by Altera veteran Dan McNamara. Intel is committed to a smooth transition for Altera customers and will continue the support and future product development of Altera’s many products, counting FPGA, ARM®-based SoC and power products. In addition to strengthening the existing FPGA business, PSG will work closely with Intel’s Data Center Group and IoT Group to deliver the next generation of highly customized, integrated products and solutions.
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.
Wal-Mart Stores, Inc. (NYSE:WMT)’s shares dropped -0.60% to $61.31. With its recent share price change, WMT market value has reached roughly $196.28 billion. Its most recent quarter balance sheet showed the company is standing at a -0.90 current ratio and possess -0.66 as debt to equity ratio. The company has a Profit Margin (ttm) of 3.10% and has 25.00% gross margins. The operating profit margin is 5.30%. The stock’s performance in 1 month is 4.79% and its volatility for the same period is 0.85%.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sams Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, restaurants, apparel stores, drug stores, and convenience stores, in addition to retail Websites, such as walmart.com and samsclub.com.
Waste Management, Inc. (NYSE:WM)‘s shares dipped -1.13% to $53.37. The last trading range of Waste Management, Inc. (NYSE:WM) ranges between $53.35 and $53.97. The EPS of the company stands at $2.33. The 52-week range shows that the stock reached higher at $55.93 while its lower range is $45.86 in the last 52-weeks. The average volume of the company is at 1.93 million with the Outstanding Shares of 446.50 million. The market capitalization of the company is $23.83 billion. The Beta of the company stands at 0.63 with the RSI (Relative Strength Index) of 50.33.
Waste Management, Inc., through its auxiliaries, provides various waste administration environmental services to residential, commercial, industrial, and municipal customers in North America. It offer collection services, counting picking up and transporting waste and recyclable materials from where it was generated to a transfer station, and material recovery facility, or disposal site, in addition to develops and operates landfill gas-to-energy facilities in the United States.
