Intel 4Q profit down, beats Street - 13 WTHR Indianapolis

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Intel 4Q profit down, beats Street

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Broken valve leads to steam release in downtown Indianapolis
Broken valve leads to steam release in downtown Indianapolis
Updated: Wednesday, June 19 2013 11:51 AM EDT2013-06-19 15:51:52 GMT
A break in an underground steam line caused 300-degree steam to pour from a downtown Indianapolis manhole on North Street for around an hour Wednesday morning.More >>
A break in an underground steam line caused 300-degree steam to pour from a downtown Indianapolis manhole on North Street for around an hour Wednesday morning.More >>
Muncie named as new headquarters for DD Dannar; over 280 new jobs
Muncie named as new headquarters for DD Dannar; over 280 new jobs
Updated: Wednesday, June 19 2013 11:41 AM EDT2013-06-19 15:41:01 GMT
A company that manufactures "mobile power stations" powered by alternative energy will build its new headquarters and factory in Muncie. DD Dannar LLC made the announcement Wednesday. Muncie beat outMore >>
A company that manufactures "mobile power stations" powered by alternative energy will build its new headquarters and factory in Muncie.More >>
Indiana judge's links to project backers questioned
Indiana judge's links to project backers questioned
Updated: Wednesday, June 19 2013 11:12 AM EDT2013-06-19 15:12:11 GMT
Some legal experts say an Indiana Supreme Court justice should recuse himself from an upcoming case over a proposed $2.8 billion coal-gasification plant in southern Indiana. Justice Mark Massa is a longtimeMore >>
Some legal experts say an Indiana Supreme Court justice should recuse himself from an upcoming case over a proposed $2.8 billion coal-gasification plant in southern Indiana.More >>
Report: Gay youth group files against BMV
Report: Gay youth group files against BMV
Updated: Wednesday, June 19 2013 11:07 AM EDT2013-06-19 15:07:44 GMT
The American Civil Liberties Union of Indiana is taking the battle over specialty auto license plates for a gay and lesbian youth counseling group to federal court. The Indiana Bureau of Motor VehiclesMore >>
The American Civil Liberties Union of Indiana is taking the battle over specialty auto license plates for a gay and lesbian youth counseling group to federal court.More >>
Indiana prosecutor: Fatal police shooting justified
Indiana prosecutor: Fatal police shooting justified
Updated: Wednesday, June 19 2013 11:04 AM EDT2013-06-19 15:04:05 GMT
A northeastern Indiana prosecutor says police snipers acted appropriately when they shot and killed a man holding a 3-year-old boy hostage. The Journal Gazette reports Allen County Prosecutor Karen RichardsMore >>
A northeastern Indiana prosecutor says police snipers acted appropriately when they shot and killed a man holding a 3-year-old boy hostage.More >>
Family: Country singer Slim Whitman dies at age 90
Family: Country singer Slim Whitman dies at age 90
Updated: Wednesday, June 19 2013 10:44 AM EDT2013-06-19 14:44:47 GMT
Country singer Slim Whitman has died at the age of 90 in Florida. His son-in-law, Roy Beagle, says Whitman died Wednesday of heart failure. Whitman's career began in the late 1940s, and his tenor falsettoMore >>
Country singer Slim Whitman has died at the age of 90 in Florida.More >>
Indiana Toll Road rates increase for some July 1
Indiana Toll Road rates increase for some July 1
Updated: Wednesday, June 19 2013 8:38 AM EDT2013-06-19 12:38:14 GMT
The cost of driving on the Indiana Toll Road is going up for motorists not using transponders to pay. ITR Concession says the cost is going from 5.9 cents a mile to 6.17 cents a mile.More >>
The cost of driving on the Indiana Toll Road is going up for motorists not using transponders to pay. ITR Concession says the cost is going from 5.9 cents a mile to 6.17 cents a mile.More >>
Fire Chief: Overnight Lebanon house fire was intentionally set
Fire Chief: Overnight Lebanon house fire was intentionally set
Updated: Wednesday, June 19 2013 6:59 AM EDT2013-06-19 10:59:59 GMT
Two people were taken to Witham Hospital after a fire at a house in the 500 block of East Noble Street early Wednesday morning. Lebanon dispatched the fire at 1:00 a.m. and firefighters were on the sceneMore >>
Lebanon's Fire Chief says an overnight fire that injured two people, one critically, was intentionally set.More >>
Apartment project destroyed by fire gets new life
Apartment project destroyed by fire gets new life
Updated: Wednesday, June 19 2013 6:03 AM EDT2013-06-19 10:03:49 GMT
Community leaders in Indianapolis, along with the Lieutenant Governor and the Mayor of Indianapolis, will gather Wednesday morning to celebrate the opening of a new apartment complex. The 16 Park ApartmentsMore >>
Community leaders in Indianapolis, along with the Lieutenant Governor and the Mayor of Indianapolis, will gather Wednesday morning to celebrate the opening of a new apartment complex.More >>
Bedford, Richmond named 'stellar communities'
Bedford, Richmond named 'stellar communities'
Updated: Wednesday, June 19 2013 5:42 AM EDT2013-06-19 09:42:28 GMT
The communities of Bedford in southern Indiana and Richmond on the state's eastern edge have been designated the newest of Indiana's Stellar Communities. Lieutenant Governor Sue Ellspermann announcedMore >>
The communities of Bedford in southern Indiana and Richmond on the state's eastern edge have been designated the newest of Indiana's Stellar Communities. Lieutenant Governor Sue Ellspermann announcedMore >>

NEW YORK -

Intel, the world's largest chipmaker, says its fourth-quarter net income fell 27 percent from the previous year, as PC sales continued to weaken.

Net income was $2.47 billion, or 48 cents per share, for the October to December period. That was down from $3.36 billion, or 64 cents per share, a year ago.

Intel beat expectations for the quarter. Analysts polled by FactSet were expecting earnings of 45 cents per share.

Revenue fell 3 percent to $13.5 billion, matching analyst expectations.

Intel had warned that the fourth quarter would be lackluster, and that the usual holiday bounce in PC shipments would be cut in half, even though Microsoft launched its new operating system, Windows 8, in the quarter.

The Santa Clara, Calif., company expects about $12.7 billion in first-quarter revenue, below the analyst forecast of $12.9 billion but in line with usual seasonal variations.

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Fire Chief: Overnight Lebanon house fire was intentionally set
Fire Chief: Overnight Lebanon house fire was intentionally set
Updated: Wednesday, June 19 2013 6:59 AM EDT2013-06-19 10:59:59 GMT
Two people were taken to Witham Hospital after a fire at a house in the 500 block of East Noble Street early Wednesday morning. Lebanon dispatched the fire at 1:00 a.m. and firefighters were on the sceneMore >>
Lebanon's Fire Chief says an overnight fire that injured two people, one critically, was intentionally set.More >>
Girl, 16, drowns in Harrison County river
Girl, 16, drowns in Harrison County river
Updated: Tuesday, June 18 2013 10:39 PM EDT2013-06-19 02:39:29 GMT
A teenager drowned Tuesday in a river in southern Indiana. Conservation officers say the 16-year-old girl and a friend were swimming near a dam on the Blue River in Milltown when she was overcome by swiftMore >>
A teenager drowned Tuesday in a river in southern Indiana.More >>
Arson suspected in series of fires along 86th Street
Arson suspected in series of fires along 86th Street
Updated: Wednesday, June 19 2013 5:30 AM EDT2013-06-19 09:30:20 GMT
Arson investigators are looking into a series of trash fires along 86th Street Wednesday morning. Crews responded to a trash fire at North Central High School at approximately 1:30 a.m. Two hours later,More >>
Arson investigators are looking into a series of trash fires along 86th Street Wednesday morning.More >>
Misunderstanding results in cat on graduation cake
Misunderstanding results in cat on graduation cake
Updated: Tuesday, June 18 2013 6:45 PM EDT2013-06-18 22:45:37 GMT
An misunderstanding over a graduation cake is quickly going viral. A Zionsville mom wanted a local bakery to draw a graduation cap on the picture of her daughter on the cake, but the worker taking theMore >>
A Zionsville mom wanted a local bakery to draw a graduation cap on the picture of her daughter on the cake, but the worker taking the order heard something different.More >>
State law change means Fishers becomes city in '15
State law change means Fishers becomes city in '15
Updated: Wednesday, June 19 2013 3:56 AM EDT2013-06-19 07:56:46 GMT
The booming suburban Indianapolis town of Fishers will become a city in 2015. Indiana's largest town said Tuesday that a change in state law taking effect July 1 means Fishers will elect its first cityMore >>
The booming suburban Indianapolis town of Fishers will become a city in 2015.More >>
Family displaced by northwest Indianapolis house fire
Family displaced by northwest Indianapolis house fire
Updated: Wednesday, June 19 2013 3:04 AM EDT2013-06-19 07:04:43 GMT
A near northwest side family has been displaced by a house fire early Wednesday morning. The fire broke out in the basement of a home in the 1800 block of Dexter Street. Firefighters say the blaze movedMore >>
A near northwest side family has been displaced by a house fire early Wednesday morning.More >>
Landlords tell residents to take down American flag
Landlords tell residents to take down American flag
Updated: Tuesday, June 18 2013 11:12 PM EDT2013-06-19 03:12:37 GMT
You'll be seeing a lot of American flags displayed in the coming weeks as we approach the Fourth of July. It's your right to fly the flag at your home. There's a law that says so, but if you live atMore >>
Hoosiers are being ordered to take down Old Glory at some area apartment complexes and it could cost them if they refuse.More >>
Apartment project destroyed by fire gets new life
Apartment project destroyed by fire gets new life
Updated: Wednesday, June 19 2013 6:03 AM EDT2013-06-19 10:03:49 GMT
Community leaders in Indianapolis, along with the Lieutenant Governor and the Mayor of Indianapolis, will gather Wednesday morning to celebrate the opening of a new apartment complex. The 16 Park ApartmentsMore >>
Community leaders in Indianapolis, along with the Lieutenant Governor and the Mayor of Indianapolis, will gather Wednesday morning to celebrate the opening of a new apartment complex.More >>
Jennings County boy, 16, accidentally shoots 12-year-old brother
Jennings County boy, 16, accidentally shoots 12-year-old brother
Updated: Tuesday, June 18 2013 12:23 PM EDT2013-06-18 16:23:07 GMT
A 16-year-old boy accidentally shot his 12-year-old brother while handling a firearm in their home late Monday night. Jennings County deputies were called to a home in Sand Creek Township near CR 1000More >>
A 16-year-old boy accidentally shot his 12-year-old brother while handling a firearm in their home late Monday night.More >>
Labor board questions Hostess' hiring practices
Labor board questions Hostess' hiring practices
Updated: Tuesday, June 18 2013 5:45 PM EDT2013-06-18 21:45:28 GMT
Hostess Brands LLC, the new owners of the old Hostess plant on North Shadeland Avenue, are counting on help from the city. Wednesday, they'll ask the Metropolitan Development Commission for a tax abatementMore >>
The Hostess plant on the east side of Indianapolis is getting ready to reopen, but union leaders say its former employees aren't getting a fair chance at being hired.More >>

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Intel 4Q profit down, beats Street - 13 WTHR Indianapolis

Intel 4Q profit down, beats Street

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