Nomura's Romit Shah thinks Intel's (INTC) planned debt offering could boost its 2012 EPS by...

|About: Intel Corporation (INTC)|By:, SA News Editor

Nomura's Romit Shah thinks Intel's (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.