Tag: plenty

Intel Says It Has Plenty Of Cash Flow

Intel said today that the record $1.45 billion fine imposed on it by the European Commission for violating antitrust rules, will not force it to reduce investment or cut its dividend.
"There’s still plenty of cash flow from operations to invest in our business, pay the fine and pay the dividend," Chief Financial Officer Stacy Smith said at an analyst event in London on Wednesday.
"As we’ve said in the Q1 earnings call, we are not having any conversations about cutting the dividend."

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