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Intel's share price tumbled 26% to $21.48 on Aug. 2, the day after it announced quarterly results, the job cuts and the dividend suspension. The shares closed Wednesday down 3.6% at $18.99 and ...
Intel's share price tumbled 26% to $21.48 on Aug. 2, the day after it announced quarterly results, the job cuts and the dividend suspension. The shares closed Wednesday down 3.6% at $18.99 and ...
(Reuters) -Intel said on Thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as the chipmaker pursues a turnaround ...
Lastly, Intel, as part of its path to recovery and growth, has launched a $10 billion cost reduction plan, with the company slashing its workforce by 15% and suspending its dividend as of the ...
2024 - Intel cuts 17,500 jobs, suspends dividend and embarks on a turnaround of its money-losing manufacturing business. (Reporting by Noel Randewich, Max A. Cherney and Arsheeya Bajwa; editing by ...
The chipmaker has had a tumultuous year as it suspended its dividend, slashed workforce and saw sudden resignation of a high-profile board member, while the slump in its share price threatened its ...
Gabelli Funds portfolio manager Jeff Jonas said last fall that another dividend cut was likely for Walgreens. “The balance sheet is slowly improving, but that still needs to improve further,” he said. The company says it has paid cash dividends every quarter since 1933, a streak stretching more than 90 years or nearly 370 straight quarters.
Intel brings out the hatchet to its dividend. For premium support please call: 800-290-4726 more ways to reach us