Intel boosts revenue target amid stronger demand

11:50 am ET Sep 10, 2007

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Intel boosts revenue target amid stronger demand

SAN FRANCISCO
Intel Corp. on Monday boosted its revenue target for the third quarter
citing stronger worldwide demand for its computer chips.

Apple hits iPhone sales target ahead of forecast

SAN FRANCISCO
After a week of dealing with negative customer reaction to the surprise
cut in the price of its iPhone, Apple Inc. said Monday that it reached
its goal of selling its 1 millionth device almost three weeks ahead of
schedule.

Stress test: Wall Street soon to reveal impact of credit crunch

SAN FRANCISCO
Investors are about to get a look at the first major reports on the
damage from this summer's credit crunch.

Barclays Capital reported profitable during turbulent August

LONDON
Barclays, moving to calm investors, said Monday that its
investment-banking division had a profitable August in the face of
turbulent credit markets.

Market Snapshot: U.S. stocks slide as worries overtake early gains

NEW YORK
U.S. stocks declined Monday, shedding early gains, with investors
cautious before next week's policy-setting meeting of the Federal
Reserve, where the central bank is expected to trim rates after Friday's
weak payrolls report.