Premarket Roundup: Intel, Utilities

Stock quotes in this article: CMG , COF , INTC , IP , LLTC  

Among the premarket stories for Wednesday, April 15, from AP Financial News:

NEW YORK (AP) — Shares of Intel Corp. fell in premarket activity Wednesday as the chip maker's quarterly results failed to impress investors, and the company's uncertain outlook added to their anxiety.

NEW YORK (AP) — Lower commodity prices and regulatory risk will likely hurt profits for a number of utilities, an analyst said as he adjusted his earnings estimates and price targets of several companies in the sector.

CHARLOTTE, N.C. (AP) — Capital One Financial Corp., which issues MasterCard and Visa credit cards, said Wednesday that U.S. and international credit card defaults rose in March.

HARTFORD, Conn. (AP) — First-quarter results for some industrial companies will be below expectations as there was little economic improvement in March, an analyst said Wednesday.

NEW YORK (AP) — International Paper Co. shares rose Wednesday after an analyst upgraded the forest products company, saying the stock is a bargain and its earnings appear to have stopped sliding.

NEW YORK (AP) — It may take a while for traffic at Chipotle Mexican Grill Inc. to bounce back, a Jefferies & Co. analyst said Wednesday as he lowered his rating on the stock.

NEW YORK (AP) — Linear Technology Corp. may still be able to meet earnings expectations for the current quarter and begin growing sales again despite mixed fiscal third-quarter results, a Thomas Weisel analyst said Wednesday.

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