Intel Chief Comfortable With How 1Q Results Were Received -Fox Business Network

Date : 04/19/2012 @ 4:26PM
Source : Dow Jones News
Stock : Intel Corp. (MM) (INTC)
Quote : 36.15  -1.28 (-3.42%) @ 8:00PM

Intel Chief Comfortable With How 1Q Results Were Received -Fox Business Network

Intel (NASDAQ:INTC)
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Intel Corp. (INTC) Chief Executive Paul Otellini told Fox Business Network on Thusday that he is "comfortable" with the way the chipmaker's latest earnings report, released Wednesday, was received.

He said total shareholder return, over the past 12-18 months, has outperformed "virtually everyone."

Otellini also said he has been invited to and will attend Berkshire Hathaway Inc.'s (BRKA) annual shareholder meeting in May. Berkshire Hathaway, led by billionaire investor Warren Buffett, began acquiring stock in Intel last November.

Website: http://www.foxbusiness.com

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