Intel Forecasts Availability of Clamshells by December and 2 More Heavily Traded Stocks to Follow
Intel Corp. (NASDAQ:INTC): Current price $22.83
At Intel’s developer conference in San Francisco, the chief of its personal computer endeavors, Kirk Skaugen, was among the keynote speakers charged with showing that the computer can remain relevant while tablets and smartphones seem to dominate. Skaugen said Intel first debuted its vision of thin and light notebook computers, ultrabooks, in the summer 2011, and that the concept of having touch-based control of a laptop screen was only an idea last summer. Skaugen forecast that by the holidays, clamshell-shaped machines without touch control will be available for only $199, touch-based clamshells will go for as little as $299, and two-in-one devices will start at $349.
SiriusXM Radio Inc. (NASDAQ:SIRI): Current price $3.87
Sirius announced Wednesday that former ESPN chief George Bodenheimer and Microsoft exec Anthony Bates will join the board of the satellite radio company. The executives are the most recent high-profile additions to SiriusXM’s board, which added Discovery CEO David Zaslav in May. Liberty Media’s CEO, Greg Maffei, became chairman of the board in April. A regulatory filing said the new directors will replace Robin Pringle and Mark Carleton, two executives from Liberty Media that stepped down from the board Wednesday after about nine months.
Bank of America Corp. (NYSE:BAC): Current price $14.65
Inside sources told Bloomberg that the co-head of BofA’s global fixed-income currency and commodities trading, Gerhard Seebacher, is exiting after 18 years at the company. Seebacher led the business with David Sobotka, who will stay as sole head of the division, according to the sources. Co-Chief Operating Officer Thomas K. Montag reported Wednesday in a staff memo obtained by Bloomberg that Seebacher will retire at the end of September “to pursue other opportunities in the industry as it continues to evolve.”
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