Nomura's Romit Shah thinks Intel's (NASDAQ:INTC) planned debt offering could boost its 2012 EPS by $0.09, given Intel can issue debt at yields below 3%, and repurchase shares featuring a current earnings yield above 11%, and dividend yield of 4%. Nonetheless, Shah has a bearish rating on Intel due to PC-related concerns.
Nomura's Romit Shah thinks Intel's (NASDAQ:INTC) planned debt offering could boost its 2012 EPS...
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| Symbol | Last Price | % Chg |
|---|---|---|
| INTC | - | - |
| Intel Corporation | ||