Shares of Intel Corporation (NASDAQ:INTC) ended Thursday session in green amid volatile trading. The shares closed up +0.10 points or 0.27% at $37.55 with 17.01 million shares getting traded. Post opening the session at $37.60, the shares hit an intraday low of $37.44 and an intraday high of $37.83 and the price vacillated in this range throughout the day. The company has a market cap of $179.13 billion and the numbers of outstanding shares have been calculated to be 4.73 billion shares.
Intel Corporation (INTC) on September 20, 2016 announced the appointment of Robert “Bob” H. Swan as executive vice president and chief financial officer (CFO), effective Oct. 10, 2016. Swan will report to Intel CEO Brian Krzanich and oversee Intel’s global finance and IT organizations, as well as the Corporate Strategy Office. He replaces Stacy Smith, who, as previously announced, is taking a broader role within Intel leading manufacturing, sales and operations. Smith served nine years as Intel’s CFO.
“I’m thrilled to join Intel, a company where incredible innovation is supported by strong financial management,” Swan said.
“Bob brings a wealth of leadership and financial experience to Intel. His financial acumen and strategic insight will be welcome additions to our leadership team as Intel’s transformation continues,” Krzanich said.
Swan, 56, joins Intel from growth equity firm General Atlantic where he served as an operating partner working closely with the firm’s global portfolio companies on growth objectives. Prior to General Atlantic, he served nine years as the CFO of eBay Inc. Before that, he was CFO at Electronic Data Systems Corp and at TRW Inc. He also served as CFO, COO and CEO of Webvan Group Inc. Prior to that, Bob served in a number of senior finance roles at General Electric.
Shares of Twitter Inc (NYSE:TWTR) ended Thursday session in green amid volatile trading. The shares closed up +0.14 points or 0.76% at $18.63 with 16.32 million shares getting traded. Post opening the session at $18.52, the shares hit an intraday low of $18.44 and an intraday high of $18.92 and the price vacillated in this range throughout the day. The company has a market cap of $13.2 billion and the numbers of outstanding shares have been calculated to be 707.73 million shares.
On Sept. 21, 2016 Twitter and Bloomberg Media announced a partnership to stream Bloomberg Television’s live broadcast of the 2016 U.S. Presidential and Vice Presidential debates on Twitter. The agreement is an expansion of the partnership Twitter and Bloomberg Media announced in July to stream select Bloomberg Television programs.
Twitter will stream Bloomberg Television’s live broadcast of the scheduled U.S. Presidential and Vice Presidential debates, beginning on Monday, September 26th. The stream will also include special Bloomberg Politics programming thirty minutes before and after each debate, which will be led by Bloomberg Politics Managing Editors Mark Halperin and John Heilemann. Additional Bloomberg Politics talent, reporting, and expert analysis will contribute to the coverage.
“Twitter is where the 2016 presidential election is happening every single day,” said Anthony Noto, Twitter’s chief financial officer. “Livestreaming the debates with Bloomberg combined with the live commentary and conversation on Twitter will create a one-screen experience at the center of the action unlike any other.”