Wells Fargo on maintained its Outperform rating on Intel Corporation (NASDAQ: INTC) and its price target in the range between $28 and $33 a share.
Intel Corporation designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset. The Company sells these platforms primarily to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries.
The Company’s platforms are used in a range of applications, such as personal computers (PCs) (including Ultrabook systems), data centers, tablets, smartphones, automobiles, automated factory systems and medical devices.
Sirius XM Radio Inc. (NASDAQ: SIRI) will be bumping its music royalty fee higher on Feb. 1. Starting with next month's billing cycle, accounts will see their monthly royalty charges go from $1.42 to $1.81 on the most popular Select and Premier pricing plans.
Sirius XM Radio Inc. broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.
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