Intel, Cadence Design Systems, InvenSense, and Entropic Comm. Early Briefing and Review

LONDON, July 12, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

The U.S. equity market rallied on Thursday, July 11, 2013, as market participants took note of Federal Reserve Chairman, Ben Bernanke's comment to support the U.S economic growth with easy monetary policy. Bernanke stated that the Fed plans to continue with its accommodative monetary policy for the foreseeable future even if the U.S unemployment rate hit the central bank's target of 6.50%. Bernanke's comment came after the minutes from the recent FOMC meet indicated that many Fed officials wants the outlook for the labor market to improve further, before scaling back the Fed's bond purchase program. The dovish comments from Bernanke pushed all three benchmark indexes sharply higher on Thursday, with the Dow Jones and the S&P 500 closing at record highs. The technology sector was one of the best performers in the S&P 500. The major movers in the sector included Intel Corporation (NASDAQ: INTC), Cadence Design Systems Inc. (NASDAQ: CDNS), InvenSense Inc. (NYSE: INVN), and Entropic Communications Inc. (NASDAQ: ENTR). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

http://www.aaaresearchreports.com/register/

Shares in Intel Corporation rose sharply on Thursday, tracking gains in the broader market. The company's shares ended the day 3.18% higher at $23.99 after oscillating between $23.47 and $24.00. A total of 41.32 million shares were traded which is above the daily average volume of 40.80 million. Despite Thursday's gains, the company's shares have fallen by 2.91% in the last one month. Sign up for free report on INTC at:

http://www.AAAResearchReports.com/INTC071213.pdf

Cadence Design Systems Inc.'s stock moved higher on Thursday. The stock rose to a 52-week high of $15.52 before closing the day 1.38% higher at $15.48. A total of 1.97 million shares were traded which is below the daily average volume of 2.16 million. The company's shares have gained 4.81% in the last one month, thus outperforming the S&P 500. In the last three months, the stock has gained 16.13% as compared to a gain of 5.12% in the S&P 500.  CDNS free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/CDNS071213.pdf

Shares in InvenSense Inc. rallied on Thursday, finishing at $15.84, up 3.33% from its previous closing price. The company's shares fluctuated between $15.25 and $15.88. A total of 2.26 million shares were traded which is below the daily average volume of 2.54 million. InvenSense's shares have outperformed the S&P 500 in the last one month, by gaining 20.73%. The stock is currently hovering around its 52-week high of $16.21. A free report on INVN can be accessed by registering at:

http://www.AAAResearchReports.com/INVN071213.pdf

Entropic Communications Inc.'s stock edged higher on Thursday, tracking gains in the broader market. The company's shares ended the day 0.71% higher at $4.23 after oscillating between $4.16 and $4.25. A total of 468,292 shares were traded which is below the daily average volume of 675,056. Entropic's shares have fallen by 7.03% in the last one month, compared to a gain of 3.01% in the S&P 500. Nonetheless, in the last three months, the stock has gained 2.05%, thus underperforming the broader market. Register with AAA Research Reports and download research on ENTR for free at:

http://www.AAAResearchReports.com/ENTR071213.pdf

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE AAA Research Reports

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED