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Stocks Rise After McDonald's Profits, Intel Spends

Fast food giant reports in-line earnings, chipmaker hikes dividend and earmarks another $10 billion for buybacks.

 

Intel results beat expectations

Chip maker Intel posts results beating expectations - but it fails to provide an earnings forecast, citing economic uncertainty.

 

Intel's Net Falls 90% as Sales Slide

Intel's profit sank 90% as sales dropped 23% amid a rapid deceleration in computer demand and pricing pressure during the key holiday season.

 

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